Blockchain
Australia to Explore Potential for Retail and Wholesale CBDCs
The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a central bank digital currency (CBDC). The (DFCRC) is a 10-year, A$180 million research programme funded by industry partners,
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Singaporean Fintech #dltledgers Secures S$8.5 Million in Series B Fundraise
Singapore-based fintech firm #dltledgers announced that it has raised S$8.5 million in a Series B funding round to fuel its North American expansion plans. According to #dltledgers, the recent fundraise has pushed its valuation to S$100 million, up from S$46
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Tokenized Assets to Make up 10% of Global GDP by 2030
By 2030, blockchain-enabled asset tokenization is expected to grow fiftyfold into a US$16.1 trillion business opportunity, a rise which will be driven by demand for greater access to private markets and illiquid assets such as real estate and commodities, a
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BNB Chain and Google Cloud Partner to Support Web3 and Blockchain Startups
BNB Chain and Google Cloud have formed a partnership to provide early stage Web3 and blockchain projects with foundational infrastructure, cloud computing credits, mentorship, and enhanced technical support. BNB Chain, a combination of BNB Beacon Chain and BNB Smart Chain,
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BCG and ADDX Project Asset Tokenisation to Grow Into US$16 Trillion Opportunity by 2030
A new report by the Boston Consulting Group (BCG) and digital exchange ADDX forecasts that asset tokenization will expand into a US$16.1 trillion business opportunity by 2030. Asset tokenization refers to the creation of tokens on a blockchain to represent
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Lightnet Raises US$50 Million to Bolster Blockchain-Powered Remittances
The Lightnet Group, a Singapore-based fintech firm with several licensed subsidiaries around the globe providing cross-border remittance services, announced that it has secured a US$50 million capital commitment from LDA Capital. According to Lightnet, it will have the option to
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Australian Central Bank Begins CDBC Pilot to Explore Its Use Cases
The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC). The DFCRC is a 10-year, AUD$180 million research program funded
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Bank of Thailand Set to Kick off Retail CBDC Pilot by End of 2022
The Bank of Thailand (BOT) said on Friday that it will be conducting a retail Central Bank Digital Currency (CBDC) pilot at the end of 2022. According to the central bank, the BOT deems it necessary to extend the scope
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MAS Issues Full DPT License to Digital Treasures Center
Digital Treasures Center (DTC), a payment company based on distributed ledger technology, announced that it has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The company was previously granted an in-principle approval in March
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OrBit Raises US$4.6 Million in Fundraise Led by Matrixport
OrBit Markets, an institutional liquidity provider in crypto options and structured products, has raised US$4.6 million in an angel funding round led by Matrixport, a digital assets financial services ecosystem. The oversubscribed round also witnessed participation from Brevan Howard Digital,
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