Category: Token Trends
-

JPYC launches Japan’s first yen stablecoin with full JPY backing in 2023
JPYC launches Japan’s first yen stablecoin, pegged 1:1 to JPY, with backing from Mitsubishi UFJ Financial Group and SBI Holdings.
-

Figure Technologies files IPO in 2024 as blockchain tokenization market reaches $2.3 billion valuation
Figure Technologies prepares for IPO as tokenization matures, with $1.5 billion valuation and partnerships including Apollo Global and JPMorgan.
-

Circle acquires Malachite to develop Arc blockchain, expanding USDC ecosystem with new infrastructure
Circle (CRCL) acquired Malachite to develop the Arc blockchain, enhancing interoperability and expanding its $28 billion USDC ecosystem with new infrastructure.
-

Publicly-Traded BTCS Announces Ethereum Dividend and Loyalty Payment for Shareholders
BTCS announced a 10% Ethereum dividend for shareholders on October 15, 2023, rewarding loyalty with crypto payments.
-

Stellar invests $50 million in Archax to expand tokenized RWA market
Stellar invests in UK-based Archax to expand in tokenized RWA space, joining BlackRock and Fidelity. The deal involves $50 million and targets institutional adoption.
-

Lib Work adds $3.3M Bitcoin to treasury following MicroStrategy’s 2024 crypto reserve model
Lib Work, a Japanese 3D housing firm, allocated $3.3M to Bitcoin as a treasury asset, joining firms like MicroStrategy and Tesla in crypto adoption.
-

Figure to list on Nasdaq as FIGR in 2024 after tokenizing $3B assets
Figure, a real-world asset tokenization firm, will list on Nasdaq as FIGR. The company has tokenized over $3 billion in assets since its 2018 launch.
-

Rivian commits $50M to Bitcoin and Ethereum by 2025 in new crypto strategy
Rivian announced a crypto strategy involving Bitcoin and Ethereum, targeting $50M in blockchain investments by 2025, following Tesla’s lead in digital assets.
-

Tapzi presale launches 10,000 NFTs for skill-to-earn Web3 gaming on Ethereum
Tapzi presale offers skill-to-earn Web3 gaming with 10,000 NFTs, integrating Ethereum and Polygon for decentralized play-to-earn mechanics and digital asset ownership.
-

Ripple grants Gemini $75M credit facility during 2023 IPO preparations
Ripple provided Gemini with a $75M credit facility amid its IPO plans. The deal involves XRP and highlights crypto market liquidity strategies in 2023.