JULY 2024 NEWSLETTER
Tokenized Assets & Digitized Securities Insights

TOP STORIES

Telegram To Get Mini App Store By The End Of July — Pavel Durov
According to the company, Telegram has over 900 million monthly active users and ranks among the top 10 most downloaded apps worldwide. Read more
Animoca, Standard Chartered Team Up In HKMA Stablecoin Sandbox
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox. Read more
Goldman Sachs To Launch Three Tokenization Projects By Year-End
Goldman Sachs, a longstanding leader in banking, is moving to enhance its cryptocurrency initiatives by the end of this year. Read more

DIGITIZED SECURITIES

BlackRock’s $500M Tokenized Fund Pitches For Ethena’s RWA Investment Plan; ENA Rallies 22%
Ethena’s proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum’s development organization. Read more
21co Analyst Sees Tokenized US Treasuries Hitting $3 Billion By Year-End
According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. Read more

WEB3 / DIGITAL INDUSTRY TRANSFORMATION

MetaMask Unveils New Toolkit To Streamline Web3, User Onboarding
Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement. Consensys unveiled the MetaMask Delegation Toolkit at EthCC, marking a significant milestone in the company’s efforts to promote... Read more
ISHANG And PSC Insurance Collaborate On Web3 “Proof Of Coverage” Insurance Solution Under Cyberport Web3 Proof-Of-Concept Subsidy Scheme
iSHANG and PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme. Read more
Crypto Wallet Provider Exodus Aims To Solve Web3’S User-Friendly Issue With ‘Passkeys Wallet’
The new wallet is able to bypass the need for seed phrases, browser extensions or email verifications to use decentralized apps. Read more
Bybit Integrates Solana Blinks: Enhancing User Experience In Web3
Bybit, recognized as the world’s second-largest Web3 platform by trading volume, has made significant strides in enhancing user convenience by integrating Solana Blinks into its ecosystem. Read more

DEFI / CRYPTO

Web3 Watch: Polymarket Enters The Spotlight Amid Turbulent Week In Politics
This week was a crazy one in US politics, which had all kinds of implications for crypto markets, it turns out. Maybe the biggest winner amid all the turbulence is Polymarket, the prediction market that’s become the leading one in crypto following a $45 million Series B round led by Founders Fund in May. Read more
Ferrari Extends Cryptocurrency Payment System To Europe After US Launch
Ferrari (RACE.MI), opens new tab said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year. Read more

FUND & ASSET MANAGEMENT

Hashdex Files S1 With SEC For First Spot ETF Tracking Multiple Digital Assets
Asset manager Hashdex has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the first-ever spot Exchange-Traded Fund (ETF) tracking multiple digital assets. Read more
Hamilton Lane Becomes First Asset Manager To Launch A Fund On Solana Blockchain
With over $920 billion in assets under management and supervision, Hamilton Lane is one the world’s largest firms investing in alternative assets. Read more

AI / METAVERSE / NFT

Combining Web3, AI And Robotics To Defeat World Soccer Champions
This AI project supports the advancement of robotics via Web3 and cutting-edge technologies with insights from human thinking. Read more
Donald Trump Teases Fourth NFT Collection Release, Says People Want Another One
The presumptive GOP nominee Donald Trump is planning to launch fourth round of non-fungible token (NFT) collections, after “very successful” previous ones. Read more
Zuckerberg’s Meta Aims To Rival OpenAI, Google With New Llama AI Model
Meta uses its Llama models to power its AI chatbot, called Meta AI, which operates inside its apps, including Instagram and WhatsApp, and also as a separate web product. Read more
Nigeria To Train 1,000 Youths On AI, Blockchain Every Year
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation. Read more

INSIDE COINSTREET

Cyberport Web3.0 Internship Programme 2024 Sharing Session “Leveraging Your Startup Internship: Launching Your Own Venture” On 3 July 2024
iSHANG is proud to participate in the “Cyberport Web3.0 Internship Programme 2024” held by Cyberport Hong Kong. Our Founder and CEO of iSHANG, SAMSON (SAM) LEE, shared his entrepreneurial journey with the exceptional interns, sharing invaluable insights on “Leveraging Your Startup Internship: Launching Your Own Venture” on 3 July 2024. Read more
Join This Exclusive Webinar “Pioneers In Action: Tokenizing Real-World Assets With Leading Web3 Innovators” On July 31 (Wed), 2:00 PM SGT / 8:00 AM CET / July 30 (Tues), 11:00 PM PT
Join us for this exclusive webianr “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators” hosted by Taisu Ventures to explore more about real-world assets (RWA), a transformative trend in the financial industry. Read more
Join This Insightful Panel “BDO And HKSA Joint Event – Panel Discussion: Virtual Assets – Business Opportunities And Challenges For Traditional Security Participants” On 1 August 2024
Join us for an insightful panel “BDO and HKSA joint event – Panel discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024 on the exciting world of virtual assets! Read more