INX has launched its first securities token issued by a public company, according to an Apr. 3 announcement from the tokenization platform. Public company shares on the blockchain?Witness the future in action!Proud to team up with @Greenbriarcorp to tokenize its GEBRF traditional shares in an industry-first!https://t.co/sS4p5MIwa3 — INX (@INX_Group) April 3, 2023 The new token represents shares of Greenbriar Capital, which is traded in non-token form on the U.S. over-the-counter (OTC) market under the ticker symbol GEBRF and on the Toronto Stock Exchange as GRB. Greenbriar is a developer of…
Tag: Platform
WonderFi merges with Coinsquare and CoinSmart to form regulated crypto asset platform
Canadian-based companies WonderFi Technologies Inc, Coinsquare Ltd, and CoinSmart Financial Inc have announced their merger to create Canada’s largest regulated crypto asset trading platform with over 1.65 million registered users. The newly merged company will offer Canadians a wide range of diversified products and services, including retail and institutional crypto trading, staking products, business-to-business crypto payment processing, sports betting, and gaming. The newly merged company “will have transacted over $17 billion since 2017 and have over $600 million in assets under custody,” the announcement said. PRESS RELEASE: WonderFi, Coinsquare and…
TradFi Banks Team Up to Create Digital Bonds Trading Platform on Blockchain
The project joins others applying similar technology to conventional markets. In March, Brussels-based Euroclear said it may release a new platform for trading securities on a distributed ledger later this year. The banks’ statement didn’t say when the platform, named sobond, would start operating, and they hadn’t replied to an email seeking clarification by press time. Source
Web3 Platform Lisk Looks to Attract New Projects to Its Ecosystem With Grants of up to $270K
The platform’s Javacript SDK is designed to allow developers to create their own Lisk-compatible sidechains. Source
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders. Source
SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated at least $900,000 for personal use, including gambling.” SEC Charges Crypto Exchange Platform Beaxy The U.S. Securities and Exchange Commission (SEC) announced Wednesday that it has filed charges against crypto asset trading platform Beaxy, its founder, and its executives. SEC Chairman Gary Gensler commented: We allege that Beaxy and its affiliates performed…
Euroclear Finalizing DLT Bond Settlement Platform, Staffer Says
The move follows interest in securities trading using central bank digital currencies. Source
BUIDL Your Dream Finance With Global Cryptocurrency Trading Platform BYDFi – Sponsored Bitcoin News
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Andy Warhol Artworks to Launch on New Blockchain-based Platform
Each of four Warhol’s prints will be accessible as shares in the form of security tokens. Tokenized versions of some of the artworks of Andy Warhol are set to launch on a new fine platform known as Freeport. This follows after the blockchain-based art-focused platform recently bagged approval from the US Securities and Exchange Commission (SEC). Freeport was recently looking to complete its Reg A review and its efforts finally paid off on Wednesday. This simply implies that Freeport is now licensed to sell shares of fine artworks in the…
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama. Source