Fireblocks Acquires Tokenization Firm BlockFold for $10M
The acquisition will expand Fireblocks' capabilities in tokenization including token customization, orchestration, distribution and advisory. Source
Read MoreThe acquisition will expand Fireblocks' capabilities in tokenization including token customization, orchestration, distribution and advisory. Source
Read MoreEdging towards the public Ethereum mainnet has always been a delicate business, given that banks have traditionally viewed public blockchains as more or less radioactive, both a reputational and compliance risk. JPMorgan’s head of Onyx Digital Assets, Tyrone Lobban, noted that the public Ethereum chain has evolved significantly over time,
Read More"Domain auctions are like traditional auctions, with paddles and excitement. But it's still an analog process for digital assets," Hsu, who’s been in the domain industry since the 1990s, said. "You could lease domain names, but it's not a smooth process. There are issues with ownership and control." Source
Read MoreThe Boston Consulting Group estimates the tokenization of real-world assets could become a $16 trillion industry in the coming years. Its impact, however, goes well beyond financial figures, and can help people in developing countries to find new ways to deal with real-world problems.During a panel moderated by Cryptox's editor-in-chief
Read MoreAs bitcoin (BTC) moves higher, the recently shorted alternative cryptocurrencies like Solana's SOL may see leverage liquidations and exaggerated price rallies. Since Monday's brief move below crucial support at $25,000, bitcoin has risen over 6% to trade near $26,600, CoinDesk data show. Upbeat China August retail sales and factory output
Read More“We won the deal a couple of quarters ago, so the bank became a client and then decided to take a stake in Taurus,” Brahimi said in an interview with CryptoX. “The partnership focuses on cryptocurrencies, but we are well known for going beyond cryptocurrencies. So, where it sees fit,
Read MoreKlaytn is expanding its offerings to focus on the tokenization of real-world assets like jewelry and real estate on its blockchain. Klaytn Foundation, the entity responsible for the enterprise blockchain platform Klaytn, has announced its intention to use blockchain technology to drive positive social change. The Foundation aims to improve financial
Read MoreAs part of the security token issuance (STO), Taiji Capital will raise a total of $100 million HK by selling the PRINCE tokens. This will significantly reduce the financing costs marking a major shift in real-estate investment. In the latest development, the Taiji Capital Group is looking for a revolutionary transformation
Read MoreThe Takeaway: Banks in particular are increasingly interested in tokenization, and having the interbank communications standard, Swift, already engaged in pilot programs is affirmative. "For tokenization to reach its potential, institutions will need to be able to seamlessly connect with the whole financial ecosystem. Our experiments have demonstrated clearly that
Read MoreGoing by technology theorist Carlota Perez's research, "RWAs" may be the next phase of substantive crypto development. Source
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