Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Blockchain research firm K33 has removed Avax, the native token of the Avalanche blockchain, from the list of its most promising tokens. The elimination comes from reassessing the token’s expected inflationary pressure and ownership concentration in […]
Tag: STO
Europe’s Central Bank to Explore DLT Platforms for Settlement
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The European Central Bank (ECB) stated that the eurozone monetary authority is studying possible solutions to allow central bank money to settle wholesale transactions on distributed ledger technology (DLT) platforms. ECB to Set Up […]
Google Cloud Partners With Polygon to Accelerate Web3 Development
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Thursday, April 28th, Polygon announced it had entered into “a multi-year strategic alliance with Google Cloud to help accelerate the development of its ecosystem. The partnership is aimed at helping developers build and […]
Bipartisan Group Introduces Bill Aimed at Preventing Crypto-Funded Crime
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Office of Representative Zach Nunn today unveiled a new bipartisan bill that is seeking to further regulate digital assets by helping prevent their use by criminals while protecting Americans wishing to lawfully engage […]
Coinbase Still Willing to Work With SEC, But “Will Defend Itself Vigorously”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Thursday, April 27th, Coinbase’s CEO Brian Armstrong and CLO Paul Grewal published a video response to the SEC on the topic of its recent Wells notice warning the exchange of a possible enforcement […]
Standard Chartered’s Zodia Custody Raises $36M in Series A
Zodia Custody, a cryptocurrency custody service launched by British banking giant Standard Chartered in late 2020, has raised US$36 million from a Series A funding round. The round received participations from Chicago-based financial services company, Northern Trust Corporation, and Japanese financial services firm, SBI Holdings. In addition, SC Ventures, the venture arm of Standard Chartered, […]
Bitget Banks on ChatGPT’s Popularity, Invests $10 Million in Fetch.ai
Bitget, a crypto derivative and copy trading provider, is joining forces with Fetch.ai, an artificial intelligence (AI) blockchain platform. Bitget has committed $10 million to support the growth of the Fetch.ai ecosystem. The news comes moments after the exchange announced that it would allocate a total of $300 million to run two funds to support […]
Franklin Templeton Brings Its OnChain Money Market Fund to Polygon
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Franklin Templeton, one of the world’s largest asset managers that is overseeing approximately $1.5 trillion, announced on Wednesday, April 26th, that it has brought its OnChain U.S. Government Money Fund onto the Polygon blockchain. […]
Bitcoin Collapses $2K+ After False Alarm Sends Traders Panicking
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After entering into an apparent rally following several days of decline and stagnation, the price of Bitcoin suddenly started dropping on the afternoon of Wednesday, April 26th. At the time of writing, the world’s […]
Blockchain Capital’s BCAP Token Q1, 2023 Results
Blockchain Capital launched the first security token back in April 2017, this was to be the first tokenized venture fund. This STO event raised $10M USD with each token selling for $1.00. On April 1st, 2023 they announced that the net asset value (“NAV”) of each BCAP token as of March 31th, 2023, is $14.72, […]
