Source: Blockster New York, NY – Franklin Templeton, a giant in global asset management, is making waves again. This time, they’re expanding their blockchain game by bringing their trailblazing on-chain money market fund to the Avalanche network. If you’re keeping tabs on the world of tokenized assets, this is one more sign that Avalanche is… Continue reading Franklin Templeton Goes Big on Blockchain: Tokenized Money Market Fund Hits Avalanche
Category: Market News
Argentina adds Ethereum to Buenos Aires high school curriculum
Source: Cointelegraph High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students. Argentina’s Ministry of Education collaborated with ETH Kipu to include Ethereum in Buenos Aires’ high school curriculum. In an announcement, the ETH Kipu Foundation said it had collaborated with Buenos Aires to introduce Ethereum and… Continue reading Argentina adds Ethereum to Buenos Aires high school curriculum
FBI to Use NFTs to Return Funds Stolen in CluCoin Crypto Fraud Case
Source: Cryptoflies The FBI will use NFTs to help return stolen funds to victims of a crypto fraud scheme involving CluCoin founder Austin Michael Taylor, who pleaded guilty to wire fraud. The FBI has announced that it will use non-fungible tokens (NFTs) to help return stolen funds to victims of a cryptocurrency fraud scheme tied… Continue reading FBI to Use NFTs to Return Funds Stolen in CluCoin Crypto Fraud Case
State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Source: The Tokenizer State Street Corporation, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the… Continue reading State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Tokenized RWA Market Hits $10 Billion, Draws Major Institutions
Source: Be In Crypto RWA tokenization market surpasses $10 billion, driven by institutional interest and integration with DeFi. BlackRock, Franklin Templeton, and Grayscale lead in tokenized assets, reflecting TradFi’s move into DeFi. Ondo Finance emerges as a market leader with $536 million TVL, promoting RWA adoption and liquidity. The Real World Assets (RWA) tokenization market… Continue reading Tokenized RWA Market Hits $10 Billion, Draws Major Institutions
Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Source: Cryptoslate Sony’s Soneium aims to bridge Web3 and everyday internet services. Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a collaboration with blockchain infrastructure provider Startale—seeks… Continue reading Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Metaverse pioneer and special effects team unite for blockchain project
Source: Cointelegraph Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. The blockchain protocol launched by New York Times best-selling author Neal Stephenson, who conceived the term “metaverse” in a 1992 novel, has collaborated with a special effects firm known for their work on… Continue reading Metaverse pioneer and special effects team unite for blockchain project
Dubai court recognizes employees’ right to receive salary in digital assets
Source: Coingeek Employees in the United Arab Emirates (UAE) can receive salaries in digital assets after a Dubai Court of First Instance overruled a 2023 decision, setting a new legal precedent. According to the ruling in case number 1739 of 2024, the court held that employees are entitled to receive compensation in both fiat currencies… Continue reading Dubai court recognizes employees’ right to receive salary in digital assets
Nexus Interactive Secures $2M Funding for Web3 Gaming Expansion
Source: NFT Plazas Nexus Interactive has raised $2 million in an oversubscribed seed funding round, marking a significant step in its efforts to expand its web3 gaming operations. The funds will be directed toward developing new game titles and enhancing Nexus Interactive’s existing ecosystem, which has already seen substantial community engagement and revenue generation. Key… Continue reading Nexus Interactive Secures $2M Funding for Web3 Gaming Expansion
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
