Vodafone’s Digital Asset Broker (DAB) has partnered with Sumitomo Corporation, Chainlink Labs, and InnoWave to address challenges in the global trade ecosystem. Learn more: Vodafone
Articles by Industry News
Post
Euroclear introduces a tokenization service for RWA, with World Bank’s issuance of a digital bond worth 100 million euros
● Euroclear has launched its Digital Securities Issuance (D-SI) service, which allows for the issuance, distribution, and settlement of fully digital international securities. ● The inaugural issuance was done by the World Bank, raising EUR 100 million and listed on the Luxembourg Stock Exchange. ● Euroclear’s D-SI service is part of its Digital Financial Market...
Post
Blockchain.com and the TON Foundation have collaborated to launch the Toncoin incentive program
The Open Network Foundation (TON Foundation) has partnered with Blockchain.com to make cryptocurrency more accessible to Telegram’s over 800 million monthly active users. TON Space, the TON-based self-custody cryptocurrency wallet, will be available in the Telegram menu for all users outside the United States starting in November 2023. Users will be able to buy, sell,...
Post
Despite Solana’s energy efficiency, Ethereum continues to hold its market dominance
Recent data shows a shift in investor preference towards Solana despite Ethereum’s dominance in total value locked. Solana has attracted positive inflows while Ethereum reported negative flows. Solana’s developer activity is noteworthy, but Ethereum maintains a robust developer community with significant activity. There are differences in energy efficiency and carbon emissions between the two platforms,...
Post
Is Ripple capable of becoming the next Amazon? An expert compares the two industry leaders
Renowned crypto expert Jason Friedman has pointed out similarities between Ripple Labs and Amazon. He believes that Ripple is following a similar business model to Amazon in its early days, focusing on long-term growth and expansion. Friedman cites statements from Jeff Bezos and Brad Garlinghouse, CEOs of Amazon and Ripple respectively, that support this comparison....
Post
The momentum behind tokenizing real-world assets is growing, with predictions that it will become a $16 trillion industry
Tokenization of real-world assets (RWAs) has gained popularity, encompassing a wide variety of assets such as real estate, digital art, and government bonds. According to projections from Boston Consulting Group, the tokenization of illiquid assets worldwide is projected to become a $16 trillion industry by the end of the decade. Recent data shows that the...
Post
Binance Halts New User Registrations in the UK Amid Regulatory Constraints
Binance, a major player in the cryptocurrency exchange realm, has ceased the registration of new users from the UK. This development ensued following the termination of its partnership with a third party responsible for approving its platform communications, a mandatory compliance measure under the UK’s recently tightened financial regulations. UK’s Tightened Grip on Crypto Platforms...
Post
Moscow Exchange Sets Sight on Blockchain for Real Estate Investment by 2024
The Moscow Exchange has announced its strategy to roll out blockchain-based digital financial assets (DFA) by 2024, targeting a transformation in the landscape of real estate investment. Sergei Kharinov, the head of digital assets at the exchange, shared this development as part of a broader goal to broaden funding options for builders and to grant...
Post
Was Market Maker Involved in Terraform Labs’ Issues?
Terraform Labs has submitted a legal request demanding Citadel Securities to produce documents. These records, according to Terra, may reveal the market maker’s involvement in the previous year’s instability of the TerraUSD (UST) stablecoin. The difficulties faced by Terraform Labs had significant repercussions on the crypto sector, leading to market uncertainties. The issue initially stemmed...
Post
JPMorgan has unveiled a tokenization platform
● JPMorgan Chase & Co. has successfully launched its first-ever collateral settlement on Tokenized Collateral Network (TCN). ● The milestone achievement involved BlackRock-Barclays as the first users of the blockchain-based collateral settlement. ● BlackRock utilized the system to tokenize shares in one of its money market funds, which were then transferred to Barclays to support...