# Investment app Betterment looking into long-term crypto offering, says CEO

# Investment app Betterment looking into long-term crypto offering, says CEO

“# Investment app Betterment looking into long-term crypto offering, says CEO ” Betterment, a U.S.-based financial advisory company with roughly $30 billion under management, is mulling offering crypto investment opportunities for its customers.  In an interview with Yahoo Finance released today, CEO Sarah Levy said the company had been searching for ways to offer Betterment…

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# Coinbase-backed Securitize secures M in Series B funding

# Coinbase-backed Securitize secures $48M in Series B funding

“# Coinbase-backed Securitize secures $48M in Series B funding ” Morgan Stanley has made its first capital investment foray into the blockchain space, co-leading a $48 million funding for Securitize. According to a release issued on Monday, the Coinbase-backed asset tokenization outfit has completed a Series B funding round that drew participation from Morgan Stanley…

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# Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia

# Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia

“# Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia ” Kinesis, a gold-backed monetary system based in the Cayman Islands, has launched a Sharia-compliant version of its product in Indonesia, setting the stage for wider acceptance of its blockchain solution in the world’s largest Muslim-population country.  The product, PosGO Syariah, is described as the first…

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# Experts debate whether NFTs really need blockchain

# Experts debate whether NFTs really need blockchain

“# Experts debate whether NFTs really need blockchain ” At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics. By definition, NFTs are unique pieces…

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# How NFTs, DeFi and Web 3.0 are intertwined

# How NFTs, DeFi and Web 3.0 are intertwined

“# How NFTs, DeFi and Web 3.0 are intertwined ” While blockchain itself provides the technology constructs to facilitate exchange, ownership and trust in the network, it is in the digitization of value elements where asset tokenization is essential. Tokenization is the process of converting the assets and rights to a property into a digital…

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# Asset tokenization project DeFi Money Market shuts its doors

# Asset tokenization project DeFi Money Market shuts its doors

“# Asset tokenization project DeFi Money Market shuts its doors ” DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.”  “As a result of regulatory inquiries, DMM is shutting down,” a statement on the project’s website reads. “[…] DMM regrets the…

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