Swarm Markets and OrdinalsBot to Enable Physical Gold Trading on Bitcoin Blockchain
Via the Ordinals protocol, Satoshi's are inscribed with gold kilobar serial numbers, allowing gold to be traded as a real-world asset on Bitcoin's network. This offering lets investors hold both physical and digital gold using Bitcoin's blockchain.Projective Finance to Partner with Plume Network to Tokenize Over $100M in Solar Assets
This move combines renewable energy projects with blockchain to enhance efficiency and liquidity in solar asset financing. By leveraging Plume's RWAfi infrastructure, global investors can access U.S. solar farms, offering stable, high-yield investments with returns ranging from 9% to 18%. ANZ to Explore Stablecoin to Track Pension Payments
ANZ and HESTA are exploring using ANZ's A$DC stablecoin for employer pension contributions (superannuation) by combining payment and data in a single smart contract transaction, aiming to streamline the process and reduce the 1.6% error rate in 200 million annual payments.SingularityDAO to Merge With Cogito Finance & SelfKey for AI Capacity Tokenization
The newly formed Singularity Finance focuses on tokenizing assets like GPUs and AI-powered financial tools. Existing tokens KEY, SDAO, and CGV will merge into the new SFI token. This follows a similar merger by SingularityNET with Fetch.ai and Ocean Protocol.Stripe to Utilize Paxos Stablecoin Payments Platform
The "Pay with Crypto" product uses Paxos' new stablecoin payments platform, supporting instant conversions between USD and major stablecoins like PayPal's PYUSD, Circle's USDC, and its own USDP for payments, payouts, and refunds.Hashnote to Launch USYC on Canton Network, Offering Tokenized Money Market Fund with Built-in Privacy
USYC benefits from Canton's privacy features, allowing holders to manage collateral without exposing their transactions to third parties. USYC, which invests in government-backed bonds via reverse repos, currently holds $300 million in assets under management. DTCC to Unveil Digital Asset Sandbox
The Depository Trust & Clearing Corporation (DTCC) has launched the DTCC Digital Launchpad, designed to explore mainstream financial applications of tokenization and digital assets. Announced on October 15, 2024, the initiative aims to address the fragmented digital asset landscape and establish secure, efficient digital market infrastructure. Cow Group to Partner with DigiShares to Launch Gold-Backed Stablecoin, "MyGold™"
Launched on September 25, 2024, MyGold™ is backed by 50% physical gold and 50% SIRI Tokens, maintaining a stable $1 value through seigniorage algorithms. It also enables income generation through Cow Group’s SWIM program, where holders can trade gold in weekly cycles. MiCA-Compliant Stablecoins to Take Major Market Share of Euro-Stablecoin Sector
Since the EU's Markets in Crypto-Assets (MiCA) regulations took effect in June, MiCA-compliant stablecoins like Circle’s EURC and Société Générale’s EURCV now dominate the euro-stablecoin market, holding a 67% market share.