Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Digital asset securities firm Securitize issued the first tokenized securities under European Union’s (EU) Distributed Ledger Technology (DLT) pilot regime on Thursday. The tokens are issued on the Avalanche blockchain, with secondary trading of […]
Tag: STO
Bitcoin and Ether Futures Surge in Q2 Driven by Institutional Demand
The interest in Bitcoin and Ether futures among institutional investors increased in the second quarter as investors sought products that enable them to mitigate risks and the impact of high market volatility. According to a report from the Chicago Mercantile Exchange (CME) shared with Coindesk, the number of institutional investors holding at least 25 Bitcoin […]
Fireblocks, Astar Network partner to bring crypto and DeFi to over 650 banks
Fireblocks’ integration with Astar Network could bring crypto and DeFi to over 650 banks. Institutional investors across banks, exchanges, OTCs and hedge funds will leverage Fireblocks’ technology to easily and securely access crypto on Astar. An event to celebrate the integration attracted over 200 guests, including executives at VCs and Web3 founders. Fireblocks, an enterprise-grade […]
Blockchain Technology Summits: Exploring the Potential Beyond Cryptocurrencies
Blockchain Technology Summits have evolved into critical platforms for investigating the various uses of blockchain across industries. Explore the many summits and events showcasing the potential of blockchain technology in H2 2023. Indeed, blockchain technology has emerged as a transformational force in the field of digital innovation, transcending its relationship with cryptocurrencies to change a […]
Tokenization Continues to Intrigue – Bank of Italy and Avalanche Foundation Each Announce Initiatives
Digital securities and the tokenization of real-world assets (RWAs) continue to attract increasing attention within both traditional and decentralized finance. This trend has only been underscored in recent months through multiple reports such as STA’s ‘State of Security Tokens‘, Polymesh’s ‘Regulatory Developments in Digital Assets‘, and even UK Finance’s ‘Unlocking the Power of Securities Tokenisation‘. […]
Blockchain Capital’s BCAP Token Q2, 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 July 1st, 2023 they announced that the net asset value (“NAV”) of each BCAP token as of June 30th, 2023, is $14.67, […]
Bank of Italy leverage Polygon to help institutions experiment with DeFi
Key takeaways The Bank of Italy will use the Polygon blockchain to help institutions experiment with DeFi and asset tokenisation. The Bank will also use crypto custodian Fireblocks. The Bank of Italy to help institutions experiment with DeFi The Bank of Italy’s innovation hub has partnered with Polygon Labs and crypto custodian Fireblocks to help […]
Theta Network’s Price Gains Momentum Amid Progress on its Ambitious Roadmap
This week, the price of the largest cryptocurrency, Bitcoin, remained subdued and stuck under $30,000, even falling briefly below $29K to its lowest level since June. And as of writing, BTC/USD has been trading at $29,163, while ETH is exchanging hands at $1,850. BTC first surged past $30k about a month ago after the traditional […]
Crypto Paydays: How Athletes are Embracing Cryptocurrency Sponsorships
Athletes are increasingly adopting bitcoin sponsorships as part of their endorsement deals in the world of sports. Famous athletes, ranging from high-profile footballers to Olympic competitors, are forming alliances with Bitcoin companies. This article digs into the growing popularity of cryptocurrency sponsorships in the sports sector, examining the advantages and disadvantages for both sportsmen and […]
Virtual Real Estate: How Investors Thrive on the Booming Metaverse Property Market
The metaverse, a digital realm in which users interact through avatars and virtual objects, has grown at an unparalleled rate. The demand for virtual real estate grows in tandem with the expansion of this realistic virtual landscape. For forward-thinking investors, metaverse property, which includes virtual land, buildings, and other digital assets, has become a lucrative […]