SEPTEMBER 2024 NEWSLETTER
Tokenized Assets & Digitized Securities Insights |
Hong Kong’s Central Bank to Explore 11 Use Cases in Phase 2 of e-HKD Pilot |
The Hong Kong Monetary Authority (HKMA) has launched the second phase of the e-HKD pilot programme to examine the feasibility of 11 new use cases, including tokenised deposits from commercial banks. Read more |
Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform |
Visa’s new Platform will enable the development of fiat-backed tokens powered by smart contracts. Read more |
Kamala Harris Wants the US to ‘Remain Dominant’ in Blockchain |
Democratic presidential nominee Kamala Harris made another public statement about digital assets during a Wednesday speech at the Economic Club of Pittsburgh. Read more |
Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research |
The market value of on-chain real-world assets (RWAs), excluding stablecoins, continues to rise, representing continued investor interest in blockchain-based tokenization of traditional assets. Read more |
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Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play |
Tether, issuer of the $118 billion market cap stablecoin USDT, and its latest investment in a Latin American farming giant may not have much in common at first glance, but both companies share ambition in tokenization of real-world assets. Read more |
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WEB3 / DIGITAL INDUSTRY TRANSFORMATION |
Ledger hardware wallet expands crypto buying options with Uphold’s Topper |
Ledger, a leading hardware cryptocurrency wallet provider, is expanding its cryptocurrency purchasing options within its app through a new partnership with Uphold’s Topper. Read more |
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Puma Partners With Web3 Mobile Game in ‘Pivotal Moment’ for Mainstream Adoption |
Puma’s latest partnership could be a “pivotal moment for mainstream crypto adoption” and play-to-earn gaming. Read more |
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Digital Bank Sygnum Expands to Europe With New Liechtenstein Licence |
Swiss and Singapore-based digital asset bank Sygnum said it has expanded its operations to Europe by securing a crypto license in Liechtenstein. Read more |
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PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption |
The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. Read more |
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BlackRock’s Bitcoin ETF options to trigger GME-like gamma squeeze |
BlackRock’s Bitcoin ETF options got approved by the SEC but could trigger a massive price rally similar to GameStop’s 2021 gamma squeeze. Read more |
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Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank |
The issuance was the company’s first digital bond with fully automated settlement, building on last year’s issuance on the Polygon network. Read more |
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Web3 Watch: Solana announces second ‘Web3 phone’ |
Over a year after debuting its first so-called “Web3 phone,” Solana unveiled new details about its second attempt at a DeFi-friendly smartphone: the Solana Seeker. Read more |
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Snapshot to launch onchain voting on Starknet |
Governance voting platform Snapshot has announced the launch of Snapshot X, a new onchain voting protocol. Read more |
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Alibaba Cloud unleashes over 100 open-source AI models |
Alibaba Cloud has open-sourced more than 100 of its newly-launched AI models, collectively known as Qwen 2.5. Read more |
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Zuckerberg shows off new ‘Orion’ smart glasses at Meta Connect |
Meta CEO Mark Zuckerberg teased its “most advanced” smart glasses, a new AR headset and its AI model voiced by Judi Dench. Read more |
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Cyberport Web3.0 Internship Programme Closing Ceremony on 30 August 2024 |
We are proud to participate in the Cyberport Hong Kong Web3.0 Internship Programme 2024, matching 30 local and overseas students with 12 Cyberport Web3.0 companies for internships, nurturing new talent for the Web3.0 industry. Read more |
Engaging Lecture on “Web3 Landscape and Opportunity” at Polytechnic University of Hong Kong on 9 September 2024 |
We are thrilled to share highlights from the recent speech by SAMSON (SAM) LEE, our Founder & CEO of Coinstreet, at the Metaverse Economics and Ecosystems course within the Master of Science in Metaverse Technology programme at Polytechnic University of Hong Kong on 9 September 2024! Read more |
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