Web3

While there are important hurdles to adopting real world assets, enterprise solutions are emerging too. Here are three key ways that are catalyzing the institutional adoption and effectiveness of #RWAs. #Web3 #Blockchain

Whampoa Digital, the digital assets investment arm of Singapore-based Whampoa group, has partnered with South Korean gaming company Wemade for $100 million Web3 Fund and digital asset initiatives in the Middle East. The duo have entered into a strategic partnership to collaborate on the fund, which is to be established by Wemade.

The #Web3 industry should prioritize creating high-quality products and services with real utility for users. There is no other path forward now. Especially as traditional finance is now lending its weight to an increasing array of #crypto #finance products, which are widening trading accessibility for individuals and institutions.

Hong Kong-based gaming company Animoca Brands and Thailand-based Intellectual Property (IP) company for entertainment technologies T&B Media Global (T&B) have announced a partnership to expand ecosystem capabilities in Web3 space.

At the TrustBridge Forum held on Nov 15, Ant Group Digital Technologies, a business unit under Ant Group, has revealed its latest updates in the international market.

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced that it will collaborate with Ubisoft’s Strategic Innovation Lab to support its Web3 initiatives on Mocaverse, the marquee membership project by Animoca Brands.

Hong Kong-based game software firm Animoca Brands, Amazon cloud computing platform Amazon Web Services (AWS), and United States-based software solutions provider Polygon Labs have on Thursday announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and…

Account Labs, the Singapore-based Web3 wallet solution provider, has on Thursday announced it has raised $7.7 million from lead investors Amber Group, MixMarvel DAO Ventures, and Qiming Ventures, among other participants. The announcement comes alongside the launch of the firm’s first consumer-focused app, UniPass wallet, on Polygon.

"We represent various organizations committed to developing #HongKong’s #Web3 ecosystem, and we have taken notice of the situation at #JPEX. We strongly believe that the Government of the Hong Kong Special Administrative Region has taken the correct approach in its commitment to the future growth of Web3."