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“# Global law firm launches ‘high value asset’ token platform ‘TOKO’ ” TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates in more than 40 countries — Aldersgate DLS and Hedera Hashgraph. Although…
“# ‘Formula E’ racing title among four NFT-powered games announced today ” Blockchain gaming firm Animoca Brands has announced a licensing agreement with electric single-seater car racing championship Formula E to develop a blockchain-powered motorsports game featuring non-fungible tokens (NFTs). The Formula E game will utilize Animoca’s REVV utility token as an in-game currency. REVV…
“# Crypto trading platform Bybit partners with soccer club Borussia Dortmund ” Top-tier German soccer club Borussia Dortmund, or BVB, is entering a multi-year partnership with the crypto trading platform Bybit. At present, details of what the partnership will involve, beyond mutual brand outreach, remain slight. In a statement for Cointelegraph, Bybit CEO Ben Zhou…
“# Socios to launch fan token for major Ukrainian esports organization ” Natus Vincere, a Ukrainian multi-game organization, has announced plans to launch a fan token on blockchain-based platform Socios. According to a Nov. 4 announcement, the token will enable a number of new fan engagement opportunities, including the right to vote in polls as…
“# Security token volumes crash by half for two consecutive months ” The bullish momentum enjoyed by the security token sector in the first three quarters of 2020 has well and truly subsided, with monthly volume crashing by more than 40% for the second time in a row. Since it tagged almost $22 million in…
“# INX to boost its $117M IPO with token listings on global exchanges ” INX, a global digital asset trading platform, is expanding its ongoing initial public offering with listings on exchanges worldwide. In a move to boost the liquidity in its $117 million IPO, INX has applied with the Canadian Securities Exchange to list…
“# Despite strong security token growth, tZERO continues to lose money ” Despite explosive third-quarter growth in the security token sector, Overstock’s Q3 2020 earnings report reveals that its tZERO alternative trading system (ATS) has continued to lose money. The ATS specializes in security tokens, consistently hosting more than 95% of the sector’s monthly trade…
“# Wrapped Bitcoin is now Ethereum’s 6th Largest Token ” Wrapped Bitcoin (WBTC) reached all-time highs today in terms of market capitalization and number of tokens. WBTC is the most popular version of Bitcoin tokenized for use on the Ethereum network. According to the official website, there currently is a record total of 116,885 WBTC,…
“# Aave transfers governance to token holders ” Aave has become the latest decentralized finance (DeFi) project to transfer governance rights to its token holders. On Oct. 29, Aave announced that the protocol’s admin keys had been transferred from its core developers to governance communities under the command of holders of its native LEND utility…
“# The future of NFTs in DeFi: A conversation with Aavegotchi’s Jesse Johnson ” Non-Fungible Tokens (NFTs), once the red-headed stepchild to more popular smart contract implementations, are finally beginning to have their day in the sun. Average purchase prices of NFTs on peer-to-peer exchanges are rising sky-high. Six-figure sales are no longer uncommon. Dapper…