Announced details
On-chain asset management, blockchain, stablecoins, RWA, DeFi, and security assessment of systems proposed by potential partners
More than 100 AI agents operating on ASCON. In the Fusaka public audit contest, Nyx Foundation identified 17 vulnerabilities across 11 types of client implementations.
A partnership agreement has been signed. The parties plan to conduct joint research and other activities relating to the AI-agent-based security resilience assessment of on-chain asset management systems.
Based in Bunkyo-ku, Tokyo, Nyx Foundation is a Japanese private research institute specializing in the Ethereum blockchain, formal verification and security. Its activities are funded by donations, research grants and sponsorships.
World’s highest number of reports in the public audit contest for Ethereum’s next major upgrade, “Fusaka”
Bunkyo-ku, Tokyo (Nyx Foundation)
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
The Ethereum Foundation Protocol Security Research Team’s grant program, the Fusaka public audit contest, and the Financial Cryptography 2026 DeFi Workshop
| Item | Details |
|---|---|
| Names of Products / Services Covered | ASCON (Agentic Simulation for eCONomics competition) / AI-agent-based security resilience assessment function |
| Counterparty | Nyx Foundation, a general incorporated association |
| Counterparty overview | Based in Bunkyo-ku, Tokyo, Nyx Foundation is a Japanese private research institute specializing in the Ethereum blockchain, formal verification and security. Its activities are funded by donations, research grants and sponsorships. |
| Relationship with the Company | A partnership agreement has been signed. The parties plan to conduct joint research and other activities relating to the AI-agent-based security resilience assessment of on-chain asset management systems. |
| Contract Date | 15 May 2026 (the agreement is stated to have been signed; the specific signing date is unknown) |
| Applicable area | On-chain asset management, blockchain, stablecoins, RWA, DeFi, and security assessment of systems proposed by potential partners |
| Award/certification name | World’s highest number of reports in the public audit contest for Ethereum’s next major upgrade, “Fusaka” |
| Location | Bunkyo-ku, Tokyo (Nyx Foundation) |
| Usage history | More than 100 AI agents operating on ASCON. In the Fusaka public audit contest, Nyx Foundation identified 17 vulnerabilities across 11 types of client implementations. |
| Source | The Ethereum Foundation Protocol Security Research Team’s grant program, the Fusaka public audit contest, and the Financial Cryptography 2026 DeFi Workshop |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To address the “trust barrier” facing Japanese companies entering the on-chain space and build a mechanism that enables companies themselves to test candidate systems in a test environment and assess their security.