Category: Token Trends
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BNY Mellon to custody OpenEden’s $50M tokenized Treasury fund in 2024
BNY Mellon will custody OpenEden’s $50M tokenized US Treasury fund, marking a major institutional embrace of blockchain-based traditional assets.
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Coinbase allocates $1M to Stablecoin Bootstrap Fund for USDC and UST projects in 2024
Coinbase relaunched its Stablecoin Bootstrap Fund after 6 years, allocating $1M to support USD Coin (USDC) and TerraUSD (UST) projects in 2024.
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Thumzup launches Bitcoin mining expansion with $50 million funding and 100 MW target
Thumzup, backed by Donald Trump Jr., raised $50 million to expand Bitcoin mining operations, targeting 100 MW capacity by 2025 with partnerships in Texas and Wyoming.
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Ripple engineer confirms XRP 3-second settlement in 2024 test
Ripple engineer David Schwartz tested XRP’s 3-second settlement time, confirming its efficiency amid SEC scrutiny and a $10B market cap.
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BAY Miner launches cloud mining platform with daily BTC and XRP earnings in 2024
BAY Miner launched a cloud mining platform offering daily BTC and XRP earnings to 500,000 users globally, featuring enhanced security and 24/7 uptime.
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Sapien targets 5M users for onchain AI training by 2025
Sapien integrates millions of human minds onchain to enhance AI training, leveraging blockchain for data integrity and scalability, with 5M users targeted by 2025.
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Bitcoin and Ethereum dominate $10 trillion internet payment protocols in 2023
Internet payment protocols like Bitcoin and Ethereum processed $10 trillion in 2023, with Ripple and SWIFT also key players in global transactions.
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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.