Blockchain / Crypto

Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.

The Hex Trust Group, a Hong Kong-based provider of digital asset solutions for institutional finance, protocols, foundations, and the Web3 ecosystem, has secured an additional Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai.

These trends, catalyzed by advancements in #AI, and continued growth of #DeFi services signal a fundamental shift in market accessibility and global liquidity. #Blockchain startups that focus on #RWA bridge the gap between traditional finance and opportunities with blockchain-powered markets.

A new variety of #crypto-focused products are now available, but is the market ready?

While the landscape of #SocialMedia and #Web3 is evolving, many social platforms typically offer limited, if any, financial rewards for user engagement and content creation, leaving a gap to be filled. And this is where the emerging SocialFi space is stepping in and offering approaches that fill this void. 

EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the global cryptocurrency trading firm and liquidity provider.

The potential of the Hong Kong ETFs is boundless as the US ETFs have seen a total of $11 billion inflow since the launch. Besides, the #HongKong #ETFs will be important for Asia's financial center’s ambition to become a #Web3 hub open to all.

The integration of #Runes with #RWAs is in its nascent stages, which means there will be technical and regulatory concerns to look into. Despite the challenges, these solutions are currently being explored for their potential to enhance accessibility, liquidity, and to create innovative financial instruments, offering new utilities to the #Bitcoin…

Zetrix Foundation and MY E.G. Services Berhad (MYEG) have signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced that it entered into a memorandum of understanding (MoU) with SQUARE ENIX CO., LTD. to strengthen global marketing of SYMBIOGENESIS, SQUARE ENIX's game and associated collection of 10,000 non-fungible token (NFT) characters with game utility.