Animoca Brands' treasury increased in value by 5X over two months
Metaverse and blockchain gaming firm Animoca Brands has revealed that its treasury increased in value by more than five times in just two months. Other income, which includes gains on the more than 100 investments and digital assets in its portfolio, accounted for $529.6 million from January through Sept. 2021. Animoca co-founder and chairman Yat Siu’s Dec. 9 letter to the Metaverse and NFT community said that its stack of tokens including REVV (REVV), The Sandbox (SAND), Tower (TOWER), and G...
Animoca Brands' treasury increased in value by 5X over two months
Metaverse and blockchain gaming firm Animoca Brands has revealed that its treasury increased in value by more than five times in just two months. Other income, which includes gains on the more than 100 investments and digital assets in its portfolio, accounted for $529.6 million from January through Sept. 2021. Animoca co-founder and chairman Yat Siu’s Dec. 9 letter to the Metaverse and NFT community said that its stack of tokens including REVV (REVV), The Sandbox (SAND), Tower (TOWER), and G...
Wallet provider Ledger launches crypto debit card
Cryptocurrency wallet and infrastructure provider Ledger has debuted a new debit card that enables users to buy goods and services with their digital assets, potentially opening the door to wider adoption of crypto payment services. The Crypto Life card, also known as “CL,” was introduced at Ledger’s biannual Op3n conference on Thursday. The debit card is linked to Ledger Live, a desktop and mobile application that enables Ledger users to buy, swap and stake cryptocurrencies. The CL card supp...
Wallet provider Ledger launches crypto debit card
Cryptocurrency wallet and infrastructure provider Ledger has debuted a new debit card that enables users to buy goods and services with their digital assets, potentially opening the door to wider adoption of crypto payment services. The Crypto Life card, also known as “CL,” was introduced at Ledger’s biannual Op3n conference on Thursday. The debit card is linked to Ledger Live, a desktop and mobile application that enables Ledger users to buy, swap and stake cryptocurrencies. The CL card supp...
Indian CoinDCX crypto exchange to go global in 2022, says exec
Ongoing uncertainty around cryptocurrency regulation in India isn't stopping domestic crypto companies from launching global offerings. Indian cryptocurrency exchange CoinDCX is preparing to move forward with its global crypto-to-crypto trading platform — dubbed Cosmex — in 2022, according to a senior executive at the company. Ramalingam Subramanian, head of brand, marketing and communications at CoinDCX, told Cointelegraph that CoinDCX has significant ambitions regarding the exchange’s ...
Indian CoinDCX crypto exchange to go global in 2022, says exec
Ongoing uncertainty around cryptocurrency regulation in India isn't stopping domestic crypto companies from launching global offerings. Indian cryptocurrency exchange CoinDCX is preparing to move forward with its global crypto-to-crypto trading platform — dubbed Cosmex — in 2022, according to a senior executive at the company. Ramalingam Subramanian, head of brand, marketing and communications at CoinDCX, told Cointelegraph that CoinDCX has significant ambitions regarding the exchange’s ...
How can a securities-specific blockchain accelerate adoption?
A successful securities-specific blockchain fills all gaps in the current Ethereum architecture by providing efficiency, automation and transparency. Aligning a functioning blockchain with the needs of modern capital markets will require solutions to governance, identity, compliance, confidentiality and settlement. To address these gaps, Polymath has spearheaded the creation of Polymesh, an institutional-grade, public, permissioned blockchain built specifically for regulated assets. In practi...
How can a securities-specific blockchain accelerate adoption?
A successful securities-specific blockchain fills all gaps in the current Ethereum architecture by providing efficiency, automation and transparency. Aligning a functioning blockchain with the needs of modern capital markets will require solutions to governance, identity, compliance, confidentiality and settlement. To address these gaps, Polymath has spearheaded the creation of Polymesh, an institutional-grade, public, permissioned blockchain built specifically for regulated assets. In practi...
What issues need to be addressed in security tokens to bring them to institutional standards?
ERC-1400 has made security tokens much more viable for institutions, although concerns still exist around securing and settling public securities. ERC-1400, a proposed standard for issuing and managing security tokens on the Ethereum blockchain, has already come a long way in making security tokens more viable for institutions. Unfortunately, these standards still lack functionality and scalability since general-purpose blockchains like Ethereum are not ideal for securities. An area of conten...
What issues need to be addressed in security tokens to bring them to institutional standards?
ERC-1400 has made security tokens much more viable for institutions, although concerns still exist around securing and settling public securities. ERC-1400, a proposed standard for issuing and managing security tokens on the Ethereum blockchain, has already come a long way in making security tokens more viable for institutions. Unfortunately, these standards still lack functionality and scalability since general-purpose blockchains like Ethereum are not ideal for securities. An area of conten...
