Ault Blockchain Launches Finance-Focused Layer One Network
Ault Blockchain, founded by Milton 'Todd' Ault III, aims to become a finance-first Ethereum Virtual Machine (EVM)-compatible layer one blockchain.
Ault Blockchain, founded by Milton 'Todd' Ault III, aims to become a finance-first Ethereum Virtual Machine (EVM)-compatible layer one blockchain. Bitcoin (BTC) is trading at $79,700.00, down 0.3% since this brief published. This is an original TLT brief based on reporting by Brave New Coin, with live market data added, as of Tue, 27 Oct 2026 03:00:06 UTC.
Ault Blockchain's focus on finance and EVM compatibility positions it to potentially attract DeFi projects and institutional investors, leveraging its founder's deep traditional finance experience.
- Ault Blockchain is a new layer one network emphasizing finance and EVM compatibility.
- Founder Todd Ault has 37 years in traditional finance and Bitcoin experience since 2011.
- Ault Markets, a trading venue, will operate on the Ault Blockchain network.
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- Ault Blockchain Launches Finance-Focused Layer One Network — this brief
Ault Blockchain, founded by Milton 'Todd' Ault III, is a new layer one blockchain network that aims to be finance-first and EVM-compatible. Ault, who has 37 years of experience in traditional finance, started his career at Dean Witter and has run a hedge fund for much of his career.
Ault's involvement with 
Bitcoin dates back to 2011, and he has invested hundreds of millions of dollars in building a mining operation. He claims to have been debanked multiple times before the US regulatory climate shifted.
The development of Ault Blockchain is part of a broader strategy by Hyperscale Data, a subsidiary of GPUS, which is also building Ault Markets, a trading venue that will operate on the Ault Blockchain network.
The Bitcoin network's hashrate currently stands at 1069 EH/s with a difficulty of 140.6T, indicating a robust and secure network. The broader crypto market remains relatively flat, with Bitcoin showing a modest 24-hour gain of 0.35% and a market cap of $1.61 trillion.
Ault's deep experience in traditional finance and his long-term involvement in the crypto space could provide Ault Blockchain with a unique edge in attracting institutional interest and DeFi projects.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $79,932.00 to $79,700.00 — -0.29%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦110.30M (about $79,700.00), up 0.3% over 24 hours. The naira itself trades about 1.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ault Blockchain Launches Finance-Focused Layer One Network — questions & answers
What is Ault Blockchain's main focus?
Ault Blockchain aims to be a finance-first, EVM-compatible layer one blockchain.
Who is the founder of Ault Blockchain?
The founder is Milton 'Todd' Ault III, who has 37 years of experience in traditional finance.
What is Ault Markets?
Ault Markets is a trading venue that will operate on the Ault Blockchain network.
How much is 1 Bitcoin worth in naira today?
About ₦110.30M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $79,700.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.29% since this brief first published — trading at $79,700.00 now versus $79,932.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Brave New Coin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.