Zentry, once known as GuildFi, has evolved from its early days in the play-to-earn scene with Axie Infinity to become a key player in the blockchain gaming industry. With a new name and a fresh vision, Zentry is moving beyond its roots to create a unified gaming experience that spans both traditional and blockchain-based games.…
In a significant move towards embracing digital innovation, Mauritania’s central bank, in collaboration with Giesecke+Devrient (G+D), a renowned SecurityTech company, has initiated the development of a digital version of the national currency, the Ouguiya, according to a recently published press release. Announced during the International Monetary Fund (IMF) and World Bank Group Spring Meetings in…
The Internal Revenue Service (IRS) has recently unveiled the first draft of the 1099-DA form, tailored specifically for digital asset transactions. This development is a significant step in the integration of digital assets into the regulatory framework of the financial system, reflecting their growing prevalence. As digital assets increasingly intersect with traditional finance, comprehending the…
Latin America is at the forefront of blockchain technology's rapid expansion, making profound impacts across finance, government, and social services. Brazil's crypto user base exemplifies this growth, skyrocketing from 2 million in 2021 to 16 million by 2022, underscoring the region's increasing engagement with blockchain technologies. Similarly, Argentina and Mexico have showcased remarkable adoption rates,…
In a landscape where digital asset transactions are becoming ever more ubiquitous, the demand for stringent compliance and security measures has never been more critical. Addressing this need, Eesee, a next-generation gamified digital asset marketplace, has joined forces with Blockpass, a pioneer in compliance solutions. This partnership is poised to set a new standard in…
In an industry where reliability and trust are as volatile as the assets traded, the role of meticulous vetting in cryptocurrency exchanges cannot be overstated. Digital Asset Research (DAR), a leading authority in crypto asset data, has unveiled the results of its comprehensive April 2024 vetting of over 600 centralized crypto exchanges. This initiative is…
Franklin Templeton is pioneering a new chapter in asset management by enabling peer-to-peer transfers of tokenized shares in its U.S. Government Money Fund, capitalizing on blockchain technologies facilitated by Stellar and Polygon networks.
Tokenization of Assets: The New Frontier in Finance
Tokenization—the digital representation of assets on blockchain—has revolutionized asset management. Franklin Templeton's approach allows for…
London, April 25, 2024 – RACE, the pioneering blockchain infrastructure dedicated to the tokenization and trading of real-world assets (RWAs), has announced significant partnerships with DFNS and Bridge. These collaborations aim to simplify wallet management and reduce transaction costs, making it easier for users worldwide to engage with on-chain assets.
Overview of RACE’s Infrastructure
RACE stands…
In the evolving landscape of finance, Real-World Assets (RWAs)—encompassing everything from real estate to commodities—represent a vast store of tangible value. The digital age has introduced an innovative process known as tokenization, which converts rights to these assets into digital tokens on a blockchain. This integration of physical assets with blockchain technology promises enhanced liquidity,…
Revolutionizing Blockchain Interoperability: Union Labs Partners with Polygon to Connect with Cosmos
DOVER, DE—April 18th, 2024—In a significant move for blockchain technology, Union Labs announces its upcoming integration with the AggLayer, an innovative decentralized service designed by Polygon Labs. This collaboration is set to enhance the interoperability between the vast ecosystems of Polygon and Cosmos, facilitating a seamless flow of liquidity and unlocking new possibilities for both…
