London-based crypto trading firm Copper is set to launch tokenized securities early next year. Led by former British Chancellor Phillip Hammond, the company aims to cater to the growing demand from institutional investors. The service will initially be introduced in Abu Dhabi through Copper Securities, the company’s new arm in the United Arab Emirates. Copper […]
A stakeholder in the blockchain and fintech ecosystem has urged the Nigerian government to implement regulations that will facilitate the widespread integration of blockchain technology in the country. The National Blockchain Policy, which was signed by former President Muhammadu Buhari, offers significant potential for economic growth, job creation, and financial inclusion. The President of the […]
Arax Holdings has recently launched the CBC20 Core Token on the Core Blockchain as part of its plan to expand the blockchain network ecosystem. This token aims to integrate real-world assets into digital asset management platforms. With a total supply of 1 billion, the Core Token offers various services within the Core Ecosystem and facilitates […]
Executives from JPMorgan Chase and Apollo have announced plans for a tokenized ‘enterprise mainnet’ as part of the Monetary Authority of Singapore’s Project Guardian pilot project. This collaboration aims to test the use of digital assets for investment and management of portfolios, automated portfolio rebalancing, and customization at scale. The new system has already processed […]
Leading stablecoin issuer Circle Internet Financial has announced a strategic partnership with SBI Holdings, a major XRP holder, to enhance Web3 development and adoption in Japan. The partnership aims to prepare for the mainstream adoption of Web3 and blockchain technology in Japan. SBI Holdings will assist Circle in circulating the USDC stablecoin in the country […]
The ISO 20022 standard is revolutionizing global financial communication by improving data handling and processing in financial transactions. This standard, originally designed for traditional banking transactions, has now expanded to include cryptocurrencies, bringing about a new era of interoperability and standardization in financial communications.Nine major cryptocurrencies, including Quant, Ripple, Stellar, Hedera, IOTA, XDC Network, Algorand, […]
Indexed Finance, an Ethereum-based platform, recently faced a major setback when hackers stole $16 million from the platform. However, the Indexed community has successfully defended against two recent attempts to hijack the project’s decentralized autonomous organization (DAO). As a result, the management of the DAO is transitioning back to its original creators, who plan to […]
Ripple, the company behind the XRP cryptocurrency, has announced a new partnership with Uphold, a Web3 financial platform specializing in liquidity management. The aim of this partnership is to enhance Ripple’s cross-border payment network by leveraging Uphold’s expertise in liquidity management. Ripple offers a comprehensive suite of financial solutions to both enterprise-level clients and mass […]
The film industry is embracing blockchain technology and the concept of tokenization, which allows individuals to have a stake in the financial outcome of a film. One example of this is the Spanish documentary “Bull Run,” which raised 320,000 euros in just 24 hours through tokenization. The film’s backers were given BULL tokens, which represent […]
The UK has given the green light for authorized investment funds to implement tokenization in the investment sector. This move aims to enhance efficiency, transparency, and competitiveness within the industry. The initiative is a result of collaboration between the Technology Working Group of the government’s Asset Management Taskforce, the Financial Conduct Authority (FCA), and HM […]
