India’s Timechain Labswho have trained developers and passed on talent to BSV ecosystemthinking of cooperating with fund companies for tokenization. Started off Rohan SharanTimechain Labs plans to cooperate with various issuers of financial instruments, such as mutual funds, and focus…
TLDR MANTRA blockchain and DAMAC Group partner to tokenize $1 billion in assets Assets include real estate, hospitality and data centers Launch planned for early 2025 DAMAC started accepting crypto payments in 2022 MANTRA received $11 million in infrastructure expansion…
A recent survey conducted by Bitwise Asset Management and VettaFi has revealed that a narrow majority of financial advisors are now more inclined to invest in cryptocurrency after Donald Trump’s election victory. Advisors Still Favor Crypto Equity Exchange Traded Funds…
When the Reserve Bank of Zimbabwe (RBZ) was introduced Zimbabwe Gold, or ZiG, as the new currency last April, promised it would be the ultimate solution to a two-decade currency crisis. But less than a year later, ZiG has been…
As tokenization takes root globally, Luxembourg has passed a new law aimed at making the issuance of digital securities easier, cheaper and more efficient. Parliament of Luxembourg recently approved Blockchain Law 4, the country’s latest attempt to facilitate blockchain adoption.…
The National Payments Corporation of India (NPCI), responsible for regulating retail payments and settlement systems in the country, has postponed the implementation of the market share cap for the widely used Unified Payments Interface (UPI), extends the deadline by another…
TLDR Bitcoin ETFs saw net outflows of $582 million on Wednesday – second highest ever Ethereum ETFs experienced $159.3 million in outflows Fidelity’s FBTC led outflows with $258 million withdrawn Bitcoin price dropped to $92,500 on macro concerns In December…
South Korea’s top exchange is considering adding digital asset spot-traded exchange-traded funds (ETFs) to its product suite to revive investor interest after a year of political instability. Elsewhere, one of America’s largest asset managers, Morgan Stanley (NASDAQ: MS), is considering…
The Reserve Bank of India (RBI) warned in its December 2024 Financial stability report that the widespread use of digital assets, stablecoins and tokenization based on blockchain can create significant vulnerabilities for financial stability. “Widespread use of crypto-assets and stablecoins…
TLDR: Robinhood reported 165% growth in crypto revenue to $61 million in the third quarter Total revenue increased 36% year-over-year to $637 million Assets under custody increased 76% to $152.2 billion The company’s shares fell 11% despite strong crypto performance…
