As we talked about the curious case of YFI, a governance token launched with zero supply and zero value, it is quickly becoming a favorite among the crypto market. In less than a week, this valueless token has flown to the highest level of $4,660 today. At the time of writing, YFI has been trading […]
Category: STO News
SBI Holdings Acquires 10% Stake from Nomura Holdings in Digital Securities Platform ‘Boostry’
This week, publicly traded Nomura Holdings, Inc. (Nomura) announced that Japanese powerhouse SBI Holdings, Inc. (SBI) has committed to investing 10% in Nomura’s blockchain product, Boostry. Boostry is a blockchain-based platform for issuing and exchanging digital securities. The SBI investment in Boostry and other digital security partnerships and investments (Securitize, Boerse Stuttgart, etc.) indicate that […]
Crypto Wallet, BitGo, Adds Staking and Custodial Services for Tezos Native Token ‘XTZ’
The California-based crypto custodian, BitGo, has added staking and custodial services for the XTZ token, having confirmed this progress on July 24. XTX, which is the native token for Tezos blockchain, joins other digital assets such as DASH and ALGO, which had already been onboarded by BitGo. All of its tokens are based on a […]
The Curious Case of the New Bubble in the ‘DeFi’ Town of Crypto
As in 2017, Initial Coin Offerings (ICO) was the craze in the crypto industry, in 2020, it’s decentralized finance (DeFi) that is rocking the world of crypto enthusiasts. This year, DeFi has grown at a fast pace, with a record $3.5 billion value locked in this sector. Also, 4 million ETH are locked in these […]
Q&A: Economist Michael Shuman on the Benefits of Main Street Over Wall Street Investing
Michael H. Shuman is an economist, attorney, author, and entrepreneur. He’s the director of local economy programs for Neighborhood Associates Coorporation and an adjunct instructor at Bard College’s business school in New York City. Michael recently sat down with The Tokenist to discuss the differences — and larger implications — of wall street vs main […]
Binance adds THORChain support and CEO explains ‘pre-pump’
THORCoin (RUNE) saw a large price spike before the announcement was made This morning Binance announced that it has begun supporting THORChain on its platform, adding yet another digital asset to its exchange. THORChain, or RUNE, is designed to facilitate the trading of digital assets without using a centralised exchange. Since the announcement, RUNE token […]
Kabbage Rolls Out Checking Accounts for Small Businesses
One of the reasons why fintech is seeing tremendous growth is that it offers financial services to the unbanked and small businesses. The latest of these is from Kabbage, a lending platform designed specifically for small businesses. A July 22, 2020 report states that the company is launching Kabbage Checking, which is tailored for small […]
Tezos and Ontology: weekend price outlook
Tezos is exchanging hands for $3.05 while Ontology has dipped 6% in the past 24 hours to trade at $0.69 Tezos and Ontology are both trading lower by 6% and 1.4% as of press time and could turn bearish if bulls fail to hold crucial support areas over the weekend. This will be especially true […]
Securities-Specific Blockchains: The Next Step in Tokenization Technology?
Digital securities on blockchain promise to revolutionize the securities industry. The expectations include increased transparency and liquidity, automated compliance and simplified operations. However, despite the potential, the growth of the market is not very exciting due to the operational and regulatory obstacles. In the last few months a trend emerged towards blockchains designed specifically for […]
Interview: Ocrolus Co-Founder Discusses Frontlines of PPP, Why FinTech Leads the Charge
The Tokenist recently sat down with John Guerci, co-founder and Director of Strategy for Ocrolus. Throughout the economic downturn spurred by COVID-19, Ocrolus has helped over one million businesses apply for the Paycheck Protection Program (PPP). John Guerci was kind enough to share his unique insight on the PPP’s overall functionality, Ocrolus’ role in the […]
