Goldman Sachs expects a “significant uptick” in trading volumes of blockchain-based assets within the next one or two years, the bank’s global head of digital assets told Reuters. The Wall Street heavyweight has also seen increasing client interest in crypto derivatives trading, Mathew McDermott said, as markets expect the US securities regulator to soon approve […]
Sonia Shaw, executive, CoinW, has said the recent uptick in NFT sales shows a “broader and more profound interest” extending beyond art, reports Cointelegraph. In the weeks leading up to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives […]
The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenisation, reports Cointelegraph. Project Guardian is a collaborative initiative led by Singapore’s central bank that seeks to develop new financial infrastructure using decentralised finance (DeFi) elements. The latest initiatives are aimed at developing […]
SC Ventures, the fintech investment and venture arm of banking group Standard Chartered, has announced a new tokenisation platform, Libeara, reports Coindesk. The platform will enable the creation of a tokenised Singapore dollar government bond fund for accredited investors, according to the announcement. Libeara has also partnered with FundBridge Capital, an organisation for fund managers […]
What is tokenization?
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Tokenization is the process of issuing a digital representation of an asset on a blockchain, writes analyst McKinsey in a deep dive on this facility that is growing in importance and incidence. We’re progressing toward the next era of the internet in fits and starts. Web3 is said to offer the potential of a new, […]
Crypto exchange Kraken has received authorisation from the Central Bank of Ireland (CBI) as an E-Money Institution (EMI). Having achieved virtual asset service provider authorisation from the CBI in April, Kraken has now also been authorised as a VASP in Spain. Kraken said in its blog, “The EMI license, granted to our subsidiary in Ireland, […]
Blockchain and distributed ledger technologies (DLT) have steadily developed as a key infrastructure element for many industries, in financial services and beyond. According to the Deloitte 2021 Global Blockchain Survey, the vast majority (80%) of participants say their industries will see new revenue streams from blockchain, digital assets, and/or cryptocurrency solutions. This is to the […]
Digital assets are legal property in China, according to a report published by the People’s Court of China, putting China among a cohort of jurisdictions that have explicitly recognised that property rights apply to digital assets in the same way they do any other, reports Coingeek. “Virtual currency is not classified as an illegal item. […]
Entering the “token era” remains a significant leap into uncharted territory for companies, but this doesn’t have to be the case. Brickken, an up-and-coming tokenising solution, now helps companies to create digital tokens backed by real-world assets –– with zero downtime and instant execution, reports Cointelegraph. Cryptocurrencies dominated the 2010s — and so far, artificial […]
Hosted by Blockchain Ireland’s Start-ups and Web3 Working Group, Web3 Creativity Summit is a one-day knowledge-sharing and demonstration event during the Worlds Collide exhibition of analogue, digital, mechanical and robotic arts, curated by Conan Wynne. Time: Sat, 12 Aug 2023 12:00 – 17:00 IST Place: Phase Space Arts, 27 Rathgar Avenue, D06 T0X6 Dublin 6, […]
The National Fintech Awards take place on 14 September 2023 in the Round Room at The Mansion House, Dublin. The awards celebrate the exceptional achievements of the entire Irish Fintech industry, recognising those who have demonstrated exceptional innovation, leadership, and growth in this dynamic and constantly evolving sector. There will be a dedicated award for […]
Fintech Ireland has updated its Registered Virtual Asset Service Providers Map to version 2.0, with the inclusion of newly registered NoFrixion and Pionew Ireland. It reports that, on 12 April 2023, together with Susan O’Neill of SuLu Solutions and Peter Oakes of Fintech Ireland, issued the first Registered Virtual Asset Service Providers – Ireland Map. […]