Category: Token Trends
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Chainlink integrates XAU and EUR/USD data for $1.2 trillion market
Chainlink (LINK) integrates gold and forex data on-chain, targeting a $1.2 trillion market. XAU and EUR/USD pairs are now accessible via decentralized oracles.
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Metaplanet triples assets to $30M with Bitcoin-backed shares for Japan’s yield market
Metaplanet tripled assets to $30M in Q2 via Bitcoin-backed preferred shares, targeting Japan’s low-yield market with BTC and JPY strategies.
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BitGo enables Central Asia’s first spot Bitcoin ETF in Kazakhstan 2023
BitGo supports Central Asia’s first spot Bitcoin ETF, enabling regulated crypto investment. Kazakhstan’s market grows with 15% crypto adoption in 2023.
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Stripe appoints Matt Huang to lead $6.5B blockchain Tempo division in 2023
Stripe appoints Paradigm co-founder Matt Huang to lead Tempo, a new blockchain division, aiming to enhance crypto payments with $6.5B valuation.
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Western Union’s $1.4B Intermex deal advances Ripple and XRP in global payments
Western Union acquired Intermex for $1.4 billion, boosting Ripple and XRP adoption in cross-border payments, involving 150 countries and 500K agents.
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Transak raises $16 million from Tether and IDG Capital for stablecoin expansion
Transak secured $16 million from Tether and IDG Capital to enhance stablecoin payments, targeting global expansion and infrastructure development in 2024.
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OKX upgrades X Layer and burns 65M OKB tokens in Q2 2024
OKX announces X Layer upgrade and plans to burn 65,256,712.097 OKB tokens, enhancing scalability and reducing supply in Q2 2024.
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Addressable User Radar enhances Web3 marketing with Ethereum and Solana integration
Addressable launched User Radar, a Web3 marketing tool, tracking 1M+ wallets, integrating Ethereum and Solana, enhancing targeted campaigns with on-chain data.
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Pantera Capital invests $300M in crypto treasury firms for higher yields than ETFs
Pantera Capital invested $300M in crypto treasury firms, expecting yields to surpass ETFs. Bitcoin and Ethereum are key assets in this strategy.
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KuCoin integrates UBS collateral for RWA expansion in 2024
KuCoin adds UBS-backed collateral to RWA offerings, expanding access to tokenized assets. The platform now supports over 50 digital assets with $10B in transactions.