When IPO activity is high, it is generally interpreted as an indication of investor and corporate confidence. A sluggish IPO market, on the other hand, can raise concerns and elicit inquiry about the underlying reasons at work. The IPO landscape has been characterized by both highs and lows in recent years, causing market participants to […]
Category: STO News
Loom Network (LOOM) Rallies 400% in a Month
This week, cryptocurrency prices have declined each day, with Bitcoin dropping to $26,570 by late Thursday. It started the week at just around $28,000 but has since dropped about 5% in value. And while it has recovered a bit each time, the largest cryptocurrency by market cap hasn’t been able to hold on to its […]
Gold Hits Two-Week High at $1,890 After CPI Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The price of gold rose to a two-week high on Friday of nearly $1,890 per ounce, boosted by the expectations that the Federal Reserve will not raise rates at the forthcoming policy meeting on […]
Ponzi Scheme: Definition and How to Avoid Them
The phrase “Ponzi scheme” has become synonymous with deception and financial ruin. Understanding what a Ponzi scheme is and how to spot and avoid one is critical for safeguarding your hard-earned cash. We’ll go into the complexities of Ponzi schemes, their fundamental characteristics, warning signs, and methods to protect your financial future in this detailed […]
tZERO ATS Rebrands to tZERO Securities: Adds Investment Banking
tZERO Group announced today (Friday) the addition of investment banking business lines to its existing broker-dealer subsidiary platform, leading to its rebranding from tZERO ATS to tZERO Securities. According to the company, the brand overhaul will better reflect the “breadth of services” it is offering to the customers. The changes will come into effect on […]
ChatGPT Owner OpenAI Seeking to Develop Its Own AI Chips
Are we witnessing the next big shake-up in the tech universe? OpenAI, the company behind ChatGPT, is exploring a bold new venture – developing its own artificial intelligence (AI) chips. This move comes as a response to the scarcity of AI chips that OpenAI relies on to power its projects. While it’s still in the […]
Chinese FX Regulator Highlights Programmable Features in CBDCs
An official from China’s foreign exchange regulatory body has highlighted the potential benefits of “programmable features” within a central bank digital currency (CBDC) to enhance the effectiveness of monetary policy tools. China is actively developing its own CBDC. However, the adoption remains in its early stages. Unlocking Programmable Features’ Limitless Potential Lu Lei, the Deputy […]
Global Adoption of Tokenization Underway as Benefits Pique Interests
One of the most bullish and referenced papers on the global potential of asset tokenization was released roughly 1 year ago. Titled “Relevance of on-chain asset tokenization in ‘crypto winter’“, it listed improved liquidity, accessibility, and the democratization of investing as being key benefits behind the practice that will see it grow into an expected […]
Why Investors Shouldn’t Worry about the IRS Asking Microsoft for $29B in Back Taxes
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Internal Revenue Service (IRS) demanded $28.9 billion in back taxes from Microsoft (NASDAQ: MSFT) related to the company’s profits between 2004 and 2013, the company revealed in a recent filing. Microsoft (NASDAQ: MSFT) […]
TokenizeThis Conference Day 2 – Live Streaming
The future of finance is being explored in depth on Day 2 of the TokenizeThis Summit, the leading digital securities conference organized by the world’s leading platform on tokenized securities, Security Token Market (STM). Scheduled from October 11-13, 2023, the conference aims to bridge both retail and institutional audiences worldwide. TokenizeThis promises a comprehensive agenda […]
