Standard Chartered-Backed Zodia Markets to Buy Elwood Trading Desk coindesk.com 17 July 2024 08:29, UTC Elwood will focus on its trading technology software-as-a-service products and services. Zodia Markets’ $50 million-$60 million a day OTC business expects to “increase daily volumes significantly,” as a result of the deal. Zodia Markets, a cryptocurrency-focused trading firm backed…
Owlto Finance secures new funding at $150m valuation crypto.news 17 July 2024 16:33, UTC Cross-chain interoperability protocol Owlto Finance has raised new funds in a round backed by Matrixport, propelling its valuation to $150 million. Owlto Finance, a cross-chain bridging service developed as Ethereum‘s layer-2 roll-up solution, has attracted fresh capital in a funding…
Cambodia’s CBDC dev Soramitsu to pilot digital currency for Papua New Guinea crypto.news + 1 more 17 July 2024 10:57, UTC Soramitsu Labs, a blockchain developer, intends to conduct a digital currency pilot in Papua New Guinea aimed at improving financial inclusion and security through economic digitization. Japan-based blockchain firm Soramitsu Labs is gearing…
Donald Trump’s VP J.D. Vance asset portfolio revealed finbold.com 17 July 2024 10:33, UTC Not long after the (repeat) Republican presidential hopeful and former United States President Donald Trump officially announced Ohio Senator J.D. Vance as his running mate, the man in question came into the spotlight, including the details surrounding his asset portfolio….
U.S. politician makes the most suspicious crypto trade ever finbold.com 17 July 2024 10:36, UTC U.S. politicians usually buy stocks and cryptocurrencies they are accustomed to, such as Bitcoin (BTC) and Ethereum (ETH). However, Representative Mike Collins is an exception, as on July 11, Collins reported a purchase of cryptocurrency called Aerodrome Finance (AERO)…
DAO Allocations Poised to Drive Tokenized US Treasury Market to $3 Billion by Year-End beincrypto.com 17 July 2024 11:01, UTC The tokenized US Treasury market is gearing up for significant growth. Analyst Tom Wan from 21.co predicts that this segment could reach $3 billion by the end of 2024. This growth is fueled by…
TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg coindesk.com 17 July 2024 19:45, UTC State Street, a Boston-based asset management and banking giant, is exploring creating stablecoins and tokenized deposits to settle transfers on blockchain rails, Bloomberg reported Wednesday citing a source familiar with the matter. The bank also weighs participating in…
