Category: Token Trends
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BNY Mellon manages OpenEden’s $50M tokenized US Treasury fund in 2023
BNY Mellon will manage OpenEden’s tokenized US Treasury fund, marking a significant step in institutional crypto adoption. The fund holds $50 million in assets.
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IOTA DLT Foundation commits $10M to UAE and Africa tokenization by 2025
The IOTA DLT Foundation launched a $10M fund to boost tokenization in UAE and Africa, focusing on Ethereum and Bitcoin interoperability by 2025.
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AI and Ethereum address payment issues for adult creators in 2023
Adult content creators face payment and privacy issues; AI and crypto like Ethereum and OnlyFans offer solutions, with 12% adopting blockchain in 2023.
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Pantera commits $300 million to BitMine and crypto treasury firms in 2023
Pantera allocated $300 million to crypto treasury firms, including BitMine led by Tom Lee, signaling strong institutional interest in digital asset management solutions.
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Grayscale launches Sui ecosystem trusts with Mysten Labs and $30B AUM
Grayscale launched two trusts tied to Sui ecosystem protocols, including Mysten Labs and Sui Foundation, managing over $30 billion in crypto assets.
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Bitmine holds 1,000,000 ETH as first Ethereum treasury in 2023
Bitmine, led by Tom Lee, holds 1,000,000 ETH, becoming the first Ethereum treasury. Ethereum price rises 5% amid accumulation news.
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Stripe and Paradigm launch Tempo blockchain in 2025 with $25M funding
Stripe partners with Paradigm to develop Tempo blockchain, targeting 2025 launch. The project aims to enhance payments, leveraging Ethereum and $25M funding.
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Klever KLV wallet supports Bitcoin and Ethereum with 5M downloads
Klever (KLV) offers a user-friendly crypto wallet with 5M+ downloads, supporting Bitcoin, Ethereum, and TRON. The platform emphasizes security and simplicity for global users.
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Ex-Binance dealmaker Gabriel Ibghy launches Hilbert Group tokenized funds platform targeting $500M AUM
Former Binance dealmaker Gabriel Ibghy joins Hilbert Group to launch a tokenized funds platform targeting $500M AUM by 2025, leveraging blockchain technology.
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Sei Network migrates to EVM-only in 2024, retiring Cosmos accounts
Sei Network plans EVM-only migration, phasing out Cosmos accounts by 2024. The move impacts 1.2M users, aligning with Ethereum and SEI token standards.
