cryptotoken
INX, a regulated marketplace for trading security tokens and tokenized real-world assets, and Backed, a leader in real-world asset tokenization, have announced the listing of tokenized NVIDIA stock on the INX platform for eligible non-US users. This partnership marks a significant advancement in the integration of traditional financial assets with the digital asset space. Tokenization of NVIDIA stockThe launch of bNVDA, a tokenized security backed one-to-one by NVIDIA Corp (NVDA) stock, represents a pivotal step in the tokenization of real-world assets. Issued on the Ethereum network, bNVDA ut...
Invezz
Circle, the company behind USD Coin (USDC), has achieved a significant milestone by becoming the first global stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. On Monday, the company announced it has been granted an electronic money institution (EMI) license by France’s banking regulator, the Autorité de Contrôle Prudentiel et de Résolution (ACPR). This license enables Circle to issue its USDC and Euro Coin (EURC) tokens in compliance with MiCA’s stringent stablecoin regulatory obligations, making Circle the first firm to reach this lev...
Invezz
Terraform ecosystem’s sister tokens LUNA and UST collapse was preceded by founder Do Kwon’s tweet stating that he is deploying more capital. The tweet did not age well, two years post the crisis, Terraform Labs and founder Do Kwon are faced with $5.3 billion in penalties. Two year anniversary of Do Kwon’s promise to deploy more capitalOn May 9, Do Kwon assured the Terraform community that he is deploying more capital to tackle the de-peg of algorithmic stablecoin UST. On May 11, Kwon presented a strategy to re-establish UST’s peg. Kwon’s tweet from 2022 has resurfaced on X. In the two years si...
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