Digital asset banking platform SEBA announced on Wednesday that it is offering a gold token. This token will represent the digital ownership of the traditional safe-haven asset. SEBA’s gold token is a regulated digital token, a stablecoin backed by precious metal. The physical gold is “ready for any time on-demand delivery,” eliminating costly transport and […]
Tag: STO
Differing Opinions From Speakers at Congressional Hearing On Stablecoins
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Tuesday, the US Senate’s Banking, Housing, and Urban Affairs Committee held a hearing focused primarily on stablecoins and cryptocurrencies generally. The inquiry comes a few days after the House Finance Committee hearing featuring […]
Brazil’s Stock Exchange Planning to Offer Crypto Services Next Year
B3, Brazil’s stock exchange, is the latest institution planning to join the cryptocurrency scene next year. The San Pablo-based exchange is exploring digital asset custody and crypto-as-a-service (CaaS) segments, reported InfoMoney, citing a presentation from B3 President Gilson Finkelsztain made last week. Besides asset tokenization, B3 is also considering facilitating over-the-counter (OTC) trading services and […]
Analyst: Crypto Markets Could Yield Fewer Returns In Future Cycles
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Crypto analyst Nicholas Merten has called for a rethink of the current pricing models for predicting Bitcoins value. He suggested that using halving cycles as the base for price predictions may lead to an […]
VC Firm Chiron Raises $50 Million for Terra Blockchain Projects
Hong Kong-based venture capital firm Chiron has announced that it raised $50 million to back projects on the Terra blockchain. According to the company, the funds will help boost “decentralized finance applications, metaverse-linked non-fungible token (NFT) platforms, and more.” Growth of the Terra Ecosystem Terra is a Defi protocol that relies on fiat-pegged stablecoins to […]
Whales Could Be Preparing For Crypto Crash As Stablecoins Spike to ATH
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. CryptoQuant’s stablecoins index shows that the total redeemed supply of all stablecoins reached an all-time high of just over $5 billion last week. This could be an indication that some whales are cashing out […]
NFTs Risk Being Used For Unpopular Microtransactions By Gaming Corporations
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ubisoft is the first company to release a triple-A game where in-game assets are tradeable NFTs. Unfortunately, the reception was a catastrophic failure. Brief Recap of Gaming Monetization For the bulk of the video […]
Daily Exchange Volume Back Above $50 Bln, ByBit Reports 77% Increase in Users while KuCoin’s Surpass 10 Million
Ever since early November, when the total crypto market cap surpassed $3 trillion for the first time, digital assets have been experiencing a drawdown, save for some exceptions. But while price action isn’t looking enticing, there is no lack of interest in the sector, and money is still flowing in. The largest cryptocurrency exchange Binance […]
Investing in Badger DAO (BADGER) – Everything You Need to Know
The Badger DAO (BADGER) project operates as a decentralized autonomous organization (DAO) that focuses on enabling Bitcoiners to take advantage of DeFi (decentralized finance) features and services. Enabling Bitcoiners to stake, farm, and P2P (peer-to-peer) lend out their crypto provides advantages for the entire sector. As such, the Badger DAO (BADGER) has seen rapid adoption. […]
The Sandbox Parent Company Animoca Brands Reports a 5x Jump in Treasury Funds in Just 2 Months
Animoca Brands released the financial updates for the first nine months of 2021, reporting growth of $529.6 million in income while its booking increased to $140 million. It currently holds a cash balance of nearly $36 million. Additionally, the company holds more than $600 million in liquid digital assets, including $112.1 million in Bitcoin, Ether, […]
