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Sunday, October 18, 2026 · UTC
Crypto

Flowra and KorDA sign MOU to explore gold-backed collateral for Solana validators

Flowra and KorDA signed a 12-month MOU to study using gold-backed KGLD as collateral for SOL delegated to Solana validators.

TruthFoundry News Desk
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Stands on 11 placed sources from 3 publishers.
As of 2026-09-03 15:50 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Flowra Ltd. and Korea Gold Exchange Digital Asset Co., Ltd. (KorDA) signed a memorandum of understanding in Seoul on an unspecified date to explore using gold-backed digital assets as collateral to support Solana validator infrastructure. [1] The proposed model would use KGLD, a gold-backed digital asset held or managed by KorDA or an authorized affiliate, as collateral to secure SOL that could then be delegated to Solana validators through Flowra's infrastructure. [2] Masters of Trivia will exhibit at FAN EXPO Dallas from September 11 to 13, 2026, at the Kay Bailey Hutchison Convention Center, and will stage 'One Quiz to Rule Them All: The Middle-earth Championship' on Sunday, September 13, from 1:00 to 3:00 p.m. Central Time, open to both in-person attendees and online players on a single leaderboard. [3] The companies have not said that the proposed structure has been launched or that KGLD is currently being used as collateral for SOL, and any use remains subject to legal and regulatory review, due diligence, and separate definitive agreements. [4] A daily close above the $103.95 resistance level would open the path for Solana to rally toward $110 to $115. [5] Failure to break the $103.95 resistance could cause Solana's price to fall back to $94. [6] Solana (SOL) is trading at $101.04 with the MACD momentum indicator completely flat and open interest declining. [7] The probability of Solana clearing the $103.95 resistance level convincingly within the next 7 days is estimated at roughly 40%. [8] Dom Einhorn, Founder and CEO of Masters of Trivia, said that at the top of an expert fan community, knowledge stops being the constraint and speed becomes the discriminator, citing that four players knew everything and one second per question separated first from second. [9] The 'One Quiz to Rule Them All' tournament consists of two unscored warm-ups followed by 90 scored questions across three tiers named Fellowship, Ranger, and Loremaster, with ties broken on average response time and trophies awarded to the top three finishers. [10] The Dallas tournament follows Masters of Trivia's Dragon Ball tournament at KamehaCon in San Antonio, held August 21 to 23, 2026, which drew more than 300 players and produced four perfect scores out of 30 questions, with the title decided by average response time and one second per question separating first from second. [11]
Proof11 sources · 3 publishers
What this stands on
  1. Flowra Ltd. and Korea Gold Exchange Digital Asset Co., Ltd. (KorDA) signed a memorandum of understanding in Seoul on an unspecified date to explore using gold-backed digital assets as collateral to support Solana validator infrastructure. · CoinJournal
  2. The proposed model would use KGLD, a gold-backed digital asset held or managed by KorDA or an authorized affiliate, as collateral to secure SOL that could then be delegated to Solana validators through Flowra's infrastructure. · CoinJournal
  3. Masters of Trivia will exhibit at FAN EXPO Dallas from September 11 to 13, 2026, at the Kay Bailey Hutchison Convention Center, and will stage 'One Quiz to Rule Them All: The Middle-earth Championship' on Sunday, September 13, from 1:00 to 3:00 p.m. Central Time, open to both in-person attendees and online players on a single leaderboard. · Cision PR Newswire
  4. The companies have not said that the proposed structure has been launched or that KGLD is currently being used as collateral for SOL, and any use remains subject to legal and regulatory review, due diligence, and separate definitive agreements. · CoinJournal
  5. A daily close above the $103.95 resistance level would open the path for Solana to rally toward $110 to $115. · Blockchain.News
  6. Failure to break the $103.95 resistance could cause Solana's price to fall back to $94. · Blockchain.News
  7. Solana (SOL) is trading at $101.04 with the MACD momentum indicator completely flat and open interest declining. · Blockchain.News
  8. The probability of Solana clearing the $103.95 resistance level convincingly within the next 7 days is estimated at roughly 40%. · Blockchain.News
  9. Dom Einhorn, Founder and CEO of Masters of Trivia, said that at the top of an expert fan community, knowledge stops being the constraint and speed becomes the discriminator, citing that four players knew everything and one second per question separated first from second. · Cision PR Newswire
  10. The 'One Quiz to Rule Them All' tournament consists of two unscored warm-ups followed by 90 scored questions across three tiers named Fellowship, Ranger, and Loremaster, with ties broken on average response time and trophies awarded to the top three finishers. · Cision PR Newswire
  11. The Dallas tournament follows Masters of Trivia's Dragon Ball tournament at KamehaCon in San Antonio, held August 21 to 23, 2026, which drew more than 300 players and produced four perfect scores out of 30 questions, with the title decided by average response time and one second per question separating first from second. · Cision PR Newswire
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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