Blockchain & Digital Assets

September 19, 2024 @ 7:31 am By Omar Faridi  |  

WisdomTree, Inc. (NYSE: WT) has launched a new platform that aims to unlock tokenized real-world assets (RWA) access to users. The vision for WisdomTree Connect is to enable customers over time “to interact with any WisdomTree-issued token, in any wallet, across supported blockchains.” WisdomTree Connect marks… Read More

September 18, 2024 @ 12:04 pm By JD Alois  |  

Today, the Digital Assets, Financial Technology, and Inclusion Subcommittee, part of the House Financial Services Committee, held a hearing on digital assets and its current regulatory environment. Entitled Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets, individuals testifying addressed the current… Read More

September 18, 2024 @ 11:05 am By JD Alois  |  

A recent report indicates that large financial institutions are adopting blockchain technology and leveraging digital assets.  According to the report shared by Blockchain Coinvestors, a fund of fund in the digital asset sector, over 50% of big finance already support or provide digital wallets, custody,… Read More

September 18, 2024 @ 10:49 am By JD Alois  |  

Fintech supporter Congressman Tom Emmer has sent a letter to the Chair of the SEC, Gary Gensler, asking the Commission to clarify the “regulatory classification of digital asset airdrops.” The Chairman of the House Financial Services Committee, Patrick McHenry, has also added his support to the… Read More

September 18, 2024 @ 7:47 am By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, and Chainlink Labs, the primary contributing developer of Chainlink—the essential infrastructure for the tokenized asset economy—announced a strategic collaboration to offer a secure and compliant technology solution for banks… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

Ctrl Alt, a financial engineering and tokenization platform with offices in the UK and Ireland, has officially launched in the UAE with an initial focus on the Emirate of Dubai. The company has already secured multiple partnerships, “including with Emirates NBD, with more public announcements… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

USDC is now available in Brazil and Mexico through national payment systems, with local currency. Fiat transfers through real-time payment systems accelerate “access to digital dollars.”: Since Circle’s founding more than a decade ago, it’s been their mission “to harness the power of blockchain networks… Read More

September 18, 2024 @ 2:28 am By Omar Faridi  |  

Xalts announced a deeper collaboration with Avalanche to bring more enterprise-grade real world asset tokenization solutions for institutions. This will provide out-of-the-box solutions to “enable financial services, governments, and other enterprise developers looking to build digital asset platforms for implementing blockchain, tokenization, and smart contract applications… Read More

September 17, 2024 @ 2:15 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) says it has settled charges with Prager Metis CPAs, LLC (Prager) in regard to its relationship with the failed crypto operation FTC. The SEC states that Prager has agreed to pay $1.95 million to resolve two actions alleging misconduct… Read More

September 17, 2024 @ 1:28 pm By Omar Faridi  |  

Hawaii has recently adopted a more welcoming stance towards cryptocurrency. As the Aloha State ventures further into the world of cryptocurrencies and blockchain technology, Transak is pleased to announce its official launch in Hawaii, “providing a much-needed gateway to Web3 for individuals and businesses alike.”… Read More

September 17, 2024 @ 1:18 pm By Omar Faridi  |  

Huma, a Payment Financing (PayFi) network, announced that it has raised $38 million in funding. Distributed Global led the equity round, with “significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in… Read More

September 17, 2024 @ 1:12 pm By Omar Faridi  |  

Adaptive Financial Consulting, the custom trading technology solutions provider, announced its collaboration with Bullish, which claims to be one of the fastest-growing, regulated digital asset exchanges, to increase trading capacity and boost throughput as it looks to scale and meet growing business demand. Bullish has… Read More

September 17, 2024 @ 9:49 am By Omar Faridi  |  

DIA, the open oracle network, has announced a fully reimagined oracle architecture with ‘Lumina’. Launching its testnet soon, Lumina is designed to “address the persistent lack of truly decentralized and trustless data infrastructure for web3 and aspires to set new standards for oracles, while expanding… Read More

September 17, 2024 @ 9:48 am By Omar Faridi  |  

Chainlink, the industry-standard decentralized computing platform, and ZKsync, an ever expanding verifiable blockchain network secured by math, announced that Chainlink CCIP, the industry-standard cross-chain protocol, is now live on ZKsync’s Era Mainnet. This is the next phase between Chainlink and ZKsync, and is “in line… Read More

September 17, 2024 @ 9:01 am By JD Alois  |  

The Bank for International Settlements (BIS) and the Institute of International Finance (IIF) have selected CaixaBank to work on a project exploring digital payments. CaixaBank will collaborate with the Bank of England, the Bank of France, and others on the initiative. CaixaBank highlights that it is the bank with the… Read More

September 17, 2024 @ 7:37 am By Omar Faridi  |  

R3, the infrastructure platform building digital solutions for financial markets, and Quant, the digital finance pioneer, announce the release of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members and partners on… Read More

September 16, 2024 @ 10:23 pm By Tony Zerucha  |  

Fintech Huma, a self-described PayFi network, has raised $38 million in funding. Distributed Global led the equity round, with participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiey. Part of this… Read More

September 16, 2024 @ 9:40 pm By JD Alois  |  

Hedera has announced the launch of an “all in one” asset tokenization studio. The platform is designed to streamline the tokenization process. Hedera is a high-performance, permissioned DLT network governed by a global council. The studio is an open-source toolkit for the “configuration, issuance, and… Read More

September 16, 2024 @ 6:10 pm By JD Alois  |  

Earlier today, the Securities and Exchange Commission (SEC) issued an Administrative Order punishing the FlyFish Club (FFC) for allegedly issuing “crypto asset securities.” The FlyFish Club is a private dining venue that offers memberships similar to country clubs. Unfortunately, FFC upset the Commission by issuing… Read More

September 16, 2024 @ 11:43 am By Omar Faridi  |  

The Spanish entrepreneurial ecosystem is experiencing significant growth in the adoption and development of advanced technologies, with a particular “focus on software platforms, artificial intelligence (AI) and analytics.” This is the key takeaway from the fifth edition of the research study ‘Analysis of a next… Read More