Category: The Ledger Edge

XRP Ledger saw 34.6% monthly growth in tokenized real-world assets, reaching $157.4M. A partnership with Mercado Bitcoin aims to tokenize $200M more, potentially doubling its RWA capitalization.

The Open Platform (TOP), a Telegram-linked crypto wallet developer, raised $28.5M at a $1B valuation, becoming TON’s first unicorn. Funds will expand products globally and focus on gaming and AI.

Crypto payment gateways enable businesses to accept digital currencies securely. They support various integration methods and offer features like fiat conversion and volatility management, aiding global adoption.

Robinhood’s tokenized stock offering faces scrutiny as OpenAI denies involvement, and concerns arise about the tokens being restricted to a closed system, limiting DeFi integration.

The article discusses the rapid growth of real-world asset tokenization, highlighting three major gaps: legal uncertainty, tech bottlenecks, and custody issues that could hinder its progress.

Amber International raised $25.5M to expand its $100M crypto reserve, including Bitcoin, Ethereum, and altcoins like SUBBD Token. The funds will support institutional growth, AI initiatives, and tokenization efforts.

NIP Group, parent company of esports team Ninjas in Pyjamas, has entered Bitcoin mining with rigs producing 60 BTC monthly ($6.5M). Stock fell 17% post-announcement.

Russia’s Rostec plans to launch RUBx, a ruble-backed stablecoin on Tron blockchain, with RT-Pay platform for secure, compliant digital transactions by year-end.

Bitrue introduces tokenized stock trading for US equities via xStocks, offering six major tech stocks like Apple and Tesla, available through Bitrue Alpha for non-restricted jurisdictions.