Catenaa, Thursday, February 19, 2026- Ault Capital Group announced last week the public testnet launch of Ault Blockchain, a Layer 1 network designed for trading, settlement, and institutional-grade onchain operations, opening access to developers, validators, and early participants.
The Las Vegas based company said Ault Blockchain is Cosmos-based with full Ethereum Virtual Machine compatibility, allowing Ethereum smart contracts to run without modification. Governance is managed by Ault DAO, which sets protocol rules, economic parameters, and oversees upgrades through onchain voting.
The testnet provides a live environment to evaluate network functionality, validator performance, and infrastructure reliability.
Ault Blockchain will not conduct a public token sale. Instead, its native AULT token will be distributed through a protocol controlled emissions schedule tied to measurable network participation, including consensus security and licensed infrastructure operations.
Founder and Executive Chairman Milton “Todd” Ault III said the network is built around financial use cases rather than speculation.
He emphasized that participation is linked to verifiable work and defined roles, with transparent economics designed for long-term network stability.
The launch is supported by development and infrastructure partners including B-Harvest, Xangle, QuickNode, and Protofire.
Licensed Mining Nodes provide offchain services such as cryptographic randomness, while Proof-of-Stake validators and delegators secure consensus and earn transaction fees.
Ault Blockchain plans future modules for spot trading, lending services, perpetual contracts, and other advanced financial workloads after additional testing.
The mainnet will launch once testing milestones are met, offering EVM compatibility, an initial validator set, and onchain governance.
