The Avalanche Foundation, an open source blockchain-based protocol, just announced a massive investment in asset tokenization on its blockchain. The Foundation has allocated $50M for the tokenization of assets, such as real estate, commodities, securities, debt and equities, among others. This investment is aimed at creating an ecosystem where users can easily transact in fractionalized… Continue reading Avalanche Foundation to invest $50M in asset tokenization on its blockchain
Category: asset
Silvergate’s shiny
Crypto banking giant Silvergate, one of the first dozen financial institutions to offer full banking services to cryptocurrency exchanges and custodians, is planning to shut down after just three years of operations. The unexpected news has sent shockwaves through the crypto community and many wonder what went wrong. Silvergate was formed in September 2017 with… Continue reading Silvergate’s shiny
Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect
Cryptocurrency has become a vital part of the financial industry, and more and more startups are emerging to capitalize on its technology. One of the latest entrants is a little-known startup called Architect, which has attracted a major financial backer in the likes of Coinbase, the leading cryptocurrency trading firm. Former FTX US president Trond… Continue reading Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect
3 Black investors share what they are prepping for come the new year
As we enter 2021, optimism is in the air as the new year promises hope for a brighter future. This optimism is further bolstered by the success of some African American investors, who are taking advantage of the new year for their financial portfolios. In an exclusive interview with three black investors, we asked them… Continue reading 3 Black investors share what they are prepping for come the new year