Yuga Labs, the company responsible for the creation of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT), has teamed up with Magic Eden, an NFT marketplace based on Solana, to launch a new Ethereum-based marketplace before the year ends. Learn more: Yahoo.com
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...
Learn more: Usethebitcoin.com
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...
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...
Learn more: Coinjournal.net
Nocturne, a protocol for on-chain private accounts, has raised $6 million in a seed funding round. Learn more: Yahoo News
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
● 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...
