The Reserve bank of Australia is still exploring the option of CBDCs but does not feel there an urgency to issue a digital currency yet The head of payment policy at the Reserve Bank of Australia (RBA), Tony Richards, said that after reviewing CBDCs, his agency didn’t come across any substantial public policy case. “Even […]
Category: STO News
The One Can’t-Miss Growth Stock in October 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. October will be a big month for those preparing for volatility stemming from the U.S. Presidential Election. The elections are anticipated to heavily influence financial markets. Even if investors are banking on the markets […]
Keepp to Host Equity Based STO through Tokenization Platform, Fintelum
Fintelum, the Latvian tokenization specialist, has just announced its inaugural security token offering (STO). This event will see Keepp, a Latvian self-storage company, issue a security token, in an attempt to raise €850,000 (roughly $1M USD). The Details Every STO is structured differently, whether it be the funding sought, event duration, issuance platform, etc. In […]
Russia’s Central Bank Joins the CBDC Bandwagon; Issues Consultative Paper on Digital Ruble Consideration
Russia’s Central Bank is the latest monetary authority to issue a CBDC consultative paper amidst the ongoing craze; the bank confirmed its interest in issuing a digital ruble, noting that it can operate alongside cash or non-cash forms of money that already exist in the country. This development comes barely a week since the BIS […]
Here’s Why Ethereum Can Further Outperform Bitcoin and Other Large Cap Coins
The price of cryptocurrencies has started to rebound. Yesterday Ether led the market upwards, going to nearly $400 level thanks to Grayscale Ethereum product ETHE becoming an SEC reporting company that reduced its investors holding period in half to six months. This news could bring with it “a raft of arbitrage opportunities for market participants […]
Bitcoin’s Value Isn’t Really Correlated to Gold – Here’s Why
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin keeps stealing headlines every time its price reaches a high enough correlation with another asset. Bitcoin remains notoriously difficult to predict due to its numerous and inherent peculiarities. Nonetheless, can we glean useful […]
OFF BLUE NFT Project Returns Customer Funds After Rarible Suspension
As the craziness in the DeFi market wanes, especially the mania around high APYs and yield farming cooling down, market participants have shifted their focus to non-fungible tokens (NFTs). With the DeFi tokens down 80% to 90% in the past two months, people have to find excitement in something else. And it was NFT, which […]
Lending Protocol, Aave, Raises $25M From Strategic Investors; Plans to Bring DeFi Closer to Institutions
Aave, one of the leading DeFi protocols for lending and borrowing, announced today that it had received a $25 million investment from prominent investors, including Blockchain.com Ventures, Standard Crypto, and Blockchain Capital. The newly injected funds boost Aave’s capital base; the firm had already raised $24 million since 2017 in three token sales. According to […]
SBI e-Sports to Host STO through Issuance Platform, Boostry
Beginning October 30, 2020, Japanese investors will be given the opportunity to invest in SBI e-Sports. This newly formed subsidiary of SBI Group (SBI), which focuses on the development of competitive online gaming, will be hosting a security token offering (STO) that will see the sale of equity shares within the company. The Details In […]
FTX CEO Sam Bankman-Fried’s Almeda Continues to Short YFI, Now Adds ETH & LINK Too
Almeda’s Quant trading firm is now onto shorting the center of DeFi Ethereum, DeFi darling YFI, and the top DeFi cryptocurrency LINK. The platform has investments in some of the top DeFi tokens, including WBTC, REN, BAL, COMP, SNX, NXM, and others. But for now, they are short on ETH, LINK, and YFI. Shorting YFI […]
