Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
RWA
IOTA Ecosystem’s Resurgence: Innovations in Government, RWA, and Global Trade
IOTA continues its partnership with the EU PCP program, where its digital product passports and IOTA Streams are utilized to offer residents better services. Through its development foundation, which it launched this year in Abu Dhabi, IOTA is targeting the Middle East and Africa regions with new products customized to solve their challenges. While most crypto projects dwell on price movements and creating hype to boost their tokens, IOTA has been busy building products that will change the future. The…
1 year ago
Bitget Lists Goldfinch (GFI) Expanding its Real World Asset (RWA) Offerings
Victoria, Seychelles, March 29th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of Goldfinch tokens GFI in its DeFi and real-world asset (RWA) zones for spot trading. The listing enables Bitget users to trade GFI and participate in its RWA ecosystem, bringing more diverse investment options from the traditional financial world to the emerging digital asset market. Goldfinch is a DeFi platform built for global credit lending. In the decentralized finance space, it…
1 year ago
Acura Capital and Patex, Valued at $100M, Set to Launch State-of-the-Art Digital Bank for RWA Tokenization
[PRESS RELEASE – São Paulo, Brazil, March 29th, 2024] Acura Capital, a leading Brazilian Web2 funds with $1.8 billion in assets under management and $3 billion under custody, announces a new product to be launched with its close Web3 ally — Patex, the largest blockchain ecosystem for Latin America. Acura Capital is excited to unveil its latest venture: a cutting-edge digital bank. This product promises to redefine banking with an innovative approach tailored to the digital age. The main focus…
1 year ago
Why BlackRock Could Bet On This RWA Token: Crypto Analyst
In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency and speed of asset transactions. Just last week, BlackRock, the world’s largest asset manager, has positioned itself at the forefront of this movement with the…
1 year ago
Bitcoin Halving and RWA Frenzy: Here’s Why These 3 Tokens Have Rallied Over 200%
The cryptocurrency market is looming towards a bull run expected to trigger following the Bitcoin halving event. The slashing of Bitcoin mining rewards has always been crucial for the crypto market; it makes BTC price pumps aggressively. And wherever the flagship crypto leads, the broader crypto market follows. It attracts investors' interest who go out to hunt the top gainers to take maximum benefits out of their investments. We are looking at yet another Bitcoin halving around the corner, approaching…
1 year ago
New RWA Usecase Unlocked as OPEN Launches Onchain Ticketing Ecosystem
[PRESS RELEASE – Amsterdam, Netherlands, March 26th, 2024] The OPEN Ticketing Ecosystem launched this week, intending to disrupt the $85 billion ticketing industry using blockchain technology. A new RWA use-case is born Amidst the massive growth for real-world asset (RWA) use cases, onchain tickets might be the next big thing. Traditional ticketing is an $85 billion industry that’s ripe for disruption, with specific opportunities for blockchain-driven solutions. OPEN’s mission is to take all tickets onchain, delivering much-needed transparency for fans…
1 year ago
DigiFT Introduces First RWA Depository Receipt Tokens , To Safeguard Investors’ Rights And Protection On-chain
Singapore, Singapore, March 25th, 2024, Chainwire DigiFT, the first licensed exchange for on-chain real-world assets, announced the launch of the first ever U.S. Treasury Bill depository receipt tokens that represent direct beneficial ownership in the underlying U.S. Treasury Bill. Depositary receipts (DR) are a well-tested structure in traditional finance and was first introduced in the late 1920s when J.P. Morgan created the first American Depositary Receipt (ADR) to facilitate trading of the shares of British retailer Selfridges on the New…
1 year ago
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RWAMessi’s Highly Anticipated RWA Presale Begins
Have you ever thought of making a meaningful contribution to the cause of planetary sustainability but are unsure where to start? Do you believe web3 to be a space that is niche and too unique to be in? The "Join the Planet" movement and its RWA are here to remove those doubts. The eagerly awaited “Join the Planet” RWA is now available for pre-sale, allowing individuals, regardless of their preference for web2 or web3, to support sustainability causes. This opportunity…
1 year ago
Libertum Launches Innovative Real Estate Investment Platform: Democratizing Property Investment
Today marks a significant milestone in the world of real estate and blockchain technology as Libertum introduces its groundbreaking platform. This innovative approach is set to change how people invest in real estate, cutting out intermediaries and making it accessible to everyone, regardless of their financial situation. Libertum’s RWA ecosystem unleashes new opportunities to everyone Unlike traditional methods, Libertum's asset tokenization will allow anyone to invest in real estate and own a share of rental income, streamlining peer-to-peer transactions and…
2 years ago