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Hong Kong intends to introduce regulations that specifically focus on the tokenization process
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November 3, 2023November 3, 2023Blockchain, Most popular, News, WEB 3.0

Hong Kong intends to introduce regulations that specifically focus on the tokenization process

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Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, announced new regulations for the tokenization sector during the Hong Kong Fintech Week. He dismissed concerns about the JPEX scandal affecting the growth of the web3 market. The upcoming regulations will focus on token issuance, wallets, and other virtual asset regulations beyond exchanges. The...

The tokenized U.S. Treasury market has experienced a significant increase of almost 600%, reaching a total value of $698 million
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November 1, 2023November 3, 2023Blockchain, News

The tokenized U.S. Treasury market has experienced a significant increase of almost 600%, reaching a total value of $698 million

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This surge comes as competition in the real-world asset race within the crypto industry continues to escalate. The US Treasury market has seen a significant surge in tokenization, growing almost sevenfold in 2023 to reach $698 million. This growth is driven by increased competition among investment options and blockchain platforms. Both new entrants and existing...

Web3 could potentially achieve a significant victory in the world of sports
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October 31, 2023November 2, 2023News, WEB 3.0

Web3 could potentially achieve a significant victory in the world of sports

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Blockchain technology is revolutionizing the sports industry, with revenue from blockchain expected to grow at a 9% CAGR over the next five years. Web3’s influence in sports is democratizing the industry, giving fans a significant stake and voice in their favorite teams’ operations. Non-fungible tokens (NFTs) are also playing a significant role in transforming the...

Euroclear introduces a tokenization service for RWA, with World Bank’s issuance of a digital bond worth 100 million euros
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October 24, 2023October 25, 2023Articles, News, Tokenized RWA

Euroclear introduces a tokenization service for RWA, with World Bank’s issuance of a digital bond worth 100 million euros

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● 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...

Blockchain.com and the TON Foundation have collaborated to launch the Toncoin incentive program
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October 23, 2023October 24, 2023Crypto, News, Platforms

Blockchain.com and the TON Foundation have collaborated to launch the Toncoin incentive program

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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,...