How Binance’s New Stock Tokens Differ From DeFi’s Synthetic Stocks

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent update, popular cryptocurrency exchange Binance announced that it has ventured into the tokenized stock trading space. Binance inaugurated its new line of digital assets with Tesla stocks. The exchange has named […]

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JPMorgan, Mastercard, & UBS Invest in ConsenSys’ $65M Round to “Accelerate the Convergence” of DeFi and Traditional Finance

ConsenSys, an Ethereum software company, announced the closing of a $65 million round to “accelerate the convergence” of DeFi and Web3 applications on Ethereum. The companies that took part in this funding involve J.P. Morgan, Mastercard, UBS, Protocol Labs, the Maker Foundation, Fenbushi, The LAO, and Alameda Research. “Enterprise Ethereum is a key infrastructure on […]

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Square’s COPA Takes Self-Proclaimed Bitcoin Inventor Craig Wright To Court Over Whitepaper Copyright Claims

Controversial entrepreneur Craig Wright, known for publicly identifying himself as Satoshi Nakamoto, the Bitcoin inventor, is being sued by the Cryptocurrency Open Patent Alliance (COPA) over claims to his ownership of the Bitcoin white paper. Craig Wright Sued by Square’s COPA COPA, the cryptocurrency group committed to patent sharing and headed by payments firm Square, […]

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CoinShares is Launching an XRP ETP (XRPL) as the Digital Asset Nears $2

Digital asset manager CoinShares is launching an exchange-traded product for XRP, CoinShares Physical XRP (Ticker: XRPL). The decision to go with the fourth-largest digital asset was to provide “exposure to those assets that resonate most with our client base,” said the company. Europe’s largest digital asset investment firm announced the launch of XRPL on Tuesday, […]

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