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Using Ripple's platform government institutions can manage and customize the entire life cycle of the CBDC, which includes minting, distribution, redemption and token burning. Financial institutions would also be able to manage and participate in inter-institutional settlement and distribution functions using the CBDC. Original Source
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Ripple will participate in the Hong Kong Monetary Authority’s (HKMA’s) digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program by showcasing a real estate asset tokenization solution. The company will reveal its new CBDC platform at the same time. Ripple will partner with Taiwan’s Fubon Bank and others
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US remittance system Ripple acquired Metaco to leverage the company’s resources and entrench itself in the emerging crypto custody market. Ripple has acquired Swiss-based Metaco for $250 million as part of the remittance network’s expansion into institutional crypto custody. The acquisition also comes amid a favorable ruling for Ripple in its ongoing lawsuit with the Securities
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With Airstack, developers can query, combine, and integrate on-chain or off-chain, cross-chain, and cross-application data using a single query and response. For instance, a natural language query involving the Polygon blockchain's native MATIC token might be, "Get all holders of MATIC token who hold a minimum of 10,000 MATRIC, their
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According to a press release, this partnership has tripled the number of verified charitable organizations willing to accept digital assets, broadening the reach of digitally-native donors who want to contribute to social causes. In addition, donors can now make tax-deductible gifts using more than 1,000 digital currencies and assets to
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Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms. Original Source
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press release PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures,
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With a goal of easing the minting process for creators and onboarding new entrants to Web3, HeyMint aims to be an accessible, equitable and low-cost creative tool. Creators can upload their artistic asset, choose their desired blockchain, create an allow list presale and enforce royalties. HeyMint currently supports Ethereum and
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The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too
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Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the decision was "part of our regular coin listing review process," and added that:"Our clients’ and their consumers’ best
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