Taiji Capital Group's Vanguard Asset Management announced the launch of Hong Kong's first tokenized US dollar money fund (TMF Token), which is reported to be the fourth RWA/STO tokenization project in the industry after real estate, private debt, and AI (artificial intelligence). It is also a product launched after the Hong Kong Securities and Futures Commission's (SFC) wholesale virtual asset trading platform (VATP) license was granted to HKbitEX.
Joe Davis, global chief economist at Pioneer Navigation, said the Fed is expected to choose to cut interest rates by 25 basis points at next week's meeting, especially if US non-farm payrolls data show a solid job market. Tonight's jobs report is the last important economic indicator before the Fed's decision next week. Despite the impact of Hurricane Helen and the Boeing strike, the labor market is expected to remain on a strong footing.
On September 2nd, Pundi X, a pioneer in blockchain payment solutions, has partnered with AI and Metaverse company Futureverse. This strategic collaboration will focus on integrating AI and blockchain technologies to enhance the ecosystems of both parties and promote the development of decentralized finance, Metaverse payment solutions and AI data innovation. The main areas of cooperation include: Build an AI data full-chain layer on Pundi AIFX, allowing Futureverse creators and consumers to gene...
Vanguard Group CEO Salim Ramji said the company has no plans to launch a cryptocurrency exchange-traded fund (ETF). Salim Ramji took over as chief executive of Vanguard last month after a decade in senior leadership roles at BlackRock, where he most recently served as global head of iShares and index investing, managing most of the firm's client assets and growing the iShares platform.
President Joe Biden said the Trump immunity ruling sets a dangerous precedent.
Jade City, a pioneer in Jade tokenization, has completed a pre-seed funding round of $300,000 and is currently in the process of raising a seed round with a target amount of $1.20 million. Their real-world asset platform will launch later in 2024, providing the first global marketplace for Jade-backed digital assets.
According to Bitcoin News, Vietnamese cryptocurrency exchange and pioneer Bitcoin startup BitcoinVN has launched its latest Bitcoin ATM at the famous Saigon restaurant Indika.