According to Crowdfund Insider, Kadena, a company specializing in Layer 1 blockchain technology, has announced a strategic partnership with Ownera. Through this partnership, Kadena will leverage its high-performance blockchain technology to support Ownera's IOWN Tokenization Platform, which aims to provide secure and efficient digital asset issuance and management solutions for enterprises worldwide.
Blockchain technology and financial services company WadzPay announced a $36.70 million (US $50 million) share purchase agreement with GEM Global Yield (GEM), a SaaS-based blockchain platform that provides secure and efficient solutions for businesses and consumers. The new funds will be used for WadzPay's acquisitions, partnerships and organic expansion plans.
With the development of blockchain technology, the wealth management industry is facing a transformation similar to Shopify's impact on e-commerce. Currently, registered investment advisors (RIAs) face complex operational and compliance requirements, but manage more than $100 trillion in assets in the United States alone. The younger generation of investors are disappointed with traditional finance and expect more convenient ways to manage assets. A self-custody model on the blockchain will allo...
On September 26th, Bifrost, a cross-chain project under blockchain technology company PhiloLab Technology, announced a strategic investment in Japan Open Chain (JOC), a Japanese blockchain project. The investment aims to promote the market expansion of Japanese and global Web3 enterprises and build a blockchain ecosystem for practical applications. Bifrost plans to provide interoperability technical support for JOC and will deploy decentralized application (DApp) services on its network, further...
Blockchain technology company Hyperbridge announced the completion of a $2.50 million seed round, led by the Web3 Foundation and Scytale Digital. Hyperbridge leverages Polkadot's architecture to unlock new possibilities for decentralized applications (DApps) and improve the scalability and efficiency of the Web3 ecosystem.
On September 3rd, blockchain technology company Stratis announced the launch of Verium, a new generation of resilient blockchain technology. The technology is based on ZKSync's zero-knowledge proof technology and is designed to provide developers and enterprises with high-performance, scalable, and modular flexible solutions. It is understood that Verium has introduced GPU Prover, which provides fast transaction proof speed and is suitable for deploying blockchain games. In addition, Verium has ...
DBS Bank of Singapore has launched a solution that uses blockchain technology to streamline the process of issuing government grants. DBS announced that in the pilot, the bank has partnered with Enterprise Singapore (ESG), a statutory board under the Singapore government's Ministry of Trade and Industry, and the Singapore FinTech Association (SFA), which promotes fintech in the country. During the pilot, the State Forestry Administration issued government grants to 27 members. DBS Bank said its ...
Blockchain technology company Taurus has signed an agreement with Zand, the first digital bank in the UAE, covering digital asset custody, tokenization and blockchain connectivity. Zand is the first digital bank in the UAE to hold a full banking license. It was established in 2022 and mainly serves corporate, institutional and wealth clients. Chairperson Mohamed Alabbar is the founder of Emaar Properties, which is known for developing the Burj Khalifa and Dubai Mall. Zand plans to launch digital...