MANTRA and DAMAC Group have entered into $1 billion partnership to tokenize DAMAC’s diverse portfolio of real-world assets. Starting in early 2025, DAMAC’s tokenized assets will be exclusively available on MANTRA Chain, leveraging its compliance-ready, interoperable blockchain infrastructure. MANTRA, a Layer 1 blockchain specializing in tokenized real-world assets (RWAs), has inked a $1 billion agreement … Read more
Mantra and Damac Group have signed a $1 billion partnership to tokenize real-world assets, enhancing blockchain-based finance in the UAE.
Innovative challengers are building compliance into their DNA and outcompeting established players.
Indonesia has officially joined the Brazil, Russia, India, China, and South Africa alliance (or BRICS) economic bloc, marking a historic step. According to a Reuters report, the accession was confirmed on 6 January 2025 by Brazil, the current chair of BRICS. In an official statement, BRICS highlighted Indonesia’s strategic importance and said, “As the largest … Read more
PEPETO, BLOCKDAG, and WALL STREET PEPE; The Presales You Have to Buy Into In the dynamic world of cryptocurrency, presales offer a unique opportunity for investors to get in early on promising projects. Among the hottest on the market right now are PEPETO, BLOCKDAG, and WALL STREET PEPE. Each of these tokens is carving out … Read more
Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.
Standard Chartered has established a new entity in Luxembourg to provide secure crypto and digital asset custody services across the European Union. Laurent Marochini, former innovation head at Societe Generale, has been appointed to lead the Luxembourg entity. Competing with financial giants like BNY Mellon and Fidelity, Standard Chartered aims to capture market share in … Read more
Polkadot-based parachain Phala has launched its Ethereum layer-2 network to expand its reach. The move continues the trend of new rollup networks on Ethereum and marks an advancement in rollup infrastructure. According to its announcement, Phala collaborated with zero-knowledge (ZK) proofs infrastructure provider Succinct Labs and rollup-as-a-service platform Conduit on the launch. Through the partnership, … Read more
Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media’s $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.783 BTC worth about $1 million with an average price of $102,220 per … Read more
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.