Tag: tokenized assets

XRP Ledger Sees Growth in Tokenized Assets, Boosted by Mercado Bitcoin Partnership

XRP Ledger Sees Growth in Tokenized Assets, Boosted by Mercado Bitcoin Partnership

The XRP Ledger (XRPL) is experiencing remarkable expansion in its tokenized asset ecosystem. This trend is being driven by the increasing adoption of Real World Assets (RWAs). Today, US Treasury debt is the tokenized value leader on this XRPL. It represents $90.1 million, or nearly 57% of the ledger’s real-world...

Ondo Finance Acquires Oasis Pro to Expand Tokenized Asset Offerings

Ondo Finance Acquires Oasis Pro to Expand Tokenized Asset Offerings

Ondo Finance, an Ethereum-based decentralized finance (DeFi) project, has acquired Oasis Pro, a digital assets infrastructure provider regulated by the U.S. Securities and Exchange Commission (SEC). This action is further evidence that the company is committed to increasing its U.S. operations and improving its compliance program. Now, Ondo Finance is...

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SEI Ascends to Top Gaming Chain, Eyes $0.50 Target Amidst Soaring Activity

SEI Ascends to Top Gaming Chain, Eyes $0.50 Target Amidst Soaring Activity

SEI has quickly become the front-runner blockchain for gaming buoyed by a $600 million Total Value Locked (TVL). This exciting milestone is yet another indicator of a growing wave of network activity. Just within the past three months, daily transactions have tripled, surpassing 1.6 million on weekdays. SEI’s ecosystem has...

Ethereum's Price Drop Sparks Concern Across DeFi Sector

Ethereum's Price Drop Sparks Concern Across DeFi Sector

Ethereum’s recent drop below the $2,500 mark has been hard for many to ignore, raising fears across the entire crypto market. This decrease is doubly concerning for the decentralized finance (DeFi) industry. The 3.05% decrease in Ethereum's value over the last 24 hours has not only reverberated through centralized exchanges...

Bitcoin Hyper Presale Nears $2 Million as Layer-2 Solution Gains Traction

Bitcoin Hyper Presale Nears $2 Million as Layer-2 Solution Gains Traction

Bitcoin Hyper ($HYPER) is building up a lot of momentum fast. It’s a Bitcoin layer-2 solution that seeks to make Bitcoin a powerful and flexible network to power decentralized finance (DeFi), decentralized applications (dApps), and much more. With its presale approaching $2 million, Bitcoin Hyper aims to unlock new possibilities...

DeFi TVL Climbs to $116 Billion Amid Lending Platform Renaissance

DeFi TVL Climbs to $116 Billion Amid Lending Platform Renaissance

Decentralized finance (DeFi) just had a major comeback, and the total value locked (TVL) exceeding $116 billion is evidence to that. A significant portion of this growth can be attributed to a resurgence of interest and activity in lending platforms across the developing DeFi ecosystem. Investors and users alike are...

Sui Trading Volume Leaps 101% Amidst Price Surge

Sui Trading Volume Leaps 101% Amidst Price Surge

Sui , a Layer-1 blockchain, saw an incredible spike in trading volume. Its 24-hour trading volume exploded by more than 101%, hitting $1.48 billion. This spike has led to an impressive increase in Sui’s value and turned the heads of traders and investors everywhere.The current market capitalization of Sui is...

Amber Group Secures $25.5M, Reinforcing Web3 Infrastructure Focus

Amber Group Secures $25.5M, Reinforcing Web3 Infrastructure Focus

Amber Group, one of the largest Web3 infrastructure companies, has completed a $25.5 million strategic funding round successfully. This capital injection is further proof of how deeply these institutions believe in Amber’s vision. It additionally shows their dedication to building a robust financial environment for the decentralized web. According to...

DeFi Platforms ForTube and Trava Finance Innovate in Lending Space

DeFi Platforms ForTube and Trava Finance Innovate in Lending Space

ForTube & Trava Finance are at the forefront of decentralized finance (DeFi). They are fundamentally changing what being a lender or borrower means with their creative strategies. ForTube, an open-sourced DeFi lending platform, is the crypto-finance service protocols crypto developers should get involved in building. Trava Finance allows users to...

Ethereum's Evolution Pectra Upgrade, Milestones, and Future Outlook

Ethereum's Evolution Pectra Upgrade, Milestones, and Future Outlook

Ethereum, an open-source software platform, introduced smart contracts and decentralised applications (dapps) to the world, operating without downtime, centralised control, or third-party interference. Yet the platform has morphed almost beyond recognition. On September 15, 2022, it successfully concluded ‘The Merge,’ transitioning Ethereum from a Proof of Work (PoW) to a...