MindWave Innovations Inc. (NYSE American: APUS), a wholly owned subsidiary of Apimeds Pharmaceuticals, has announced the launch of MindChain, which it describes as the world’s first fully insured blockchain. The Ethereum Virtual Machine-compatible Layer 2 network is scheduled to launch in October 2026 and is designed to provide Ethereum-backed settlement while supporting faster transactions, staking, cross-chain asset transfers and industry-specific subnetworks.

The company also said its NILA token will become available to U.S. users on the Webot cryptocurrency exchange beginning Aug. 3, before its planned migration to MindChain as the network’s native token. MindWave said the two announcements reflect its strategy to integrate the token into a dedicated blockchain ecosystem, with the aim of increasing utility and adoption.

According to the company, MindChain will provide the MindWaveDAO ecosystem with dedicated blockchain infrastructure, predictable transaction costs and support for applications across AdTech, ClimateTech, insurance and real-world assets. The launch roadmap includes NILA’s U.S. exchange debut in August, testnet operations and developer onboarding through September, and the MindChain mainnet launch and token migration in October. That sequence gives developers and users a transition period before the network’s mainnet launch, which is notable in a sector where new chains often rely on early ecosystem participation to build usage.

MindWave said the insurance coverage built into MindChain is intended to address a major barrier to enterprise blockchain adoption: risk mitigation. By offering a fully insured network, the company aims to attract institutional clients seeking protection against losses from hacks or technical failures. The company said this could establish a new standard in an industry where security concerns have remained persistent.

MindWave Innovations describes itself as a provider of institutional Digital Asset Treasury (DAT) solutions, with a focus on compliance Bitcoin treasury infrastructure, AI-driven yield capabilities, ClimateTech impact systems and AdTech engagement platforms. The company said its multi-vertical ecosystem is powered by its native token, $NILA, which supports governance, utility and value flow across its blockchain-integrated operations.

MindWave said the NILA listing on a U.S. exchange is an important step for U.S. investors, who have had limited access to emerging tokens amid regulatory uncertainty. The company said the move could expand the token’s investor base and liquidity, while the planned migration to MindChain is expected to enhance its functionality within a controlled environment.

For more information, see the full press release at and the company’s newsroom at .