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…
Standard Chartered
Standard Chartered and Linklogis Launch Olea to Drive Sustainable Trade Finance
Standard Chartered has launched a joint initiative with Linklogis. The latter is a promising blockchain finance tech solution from China. Together, they are building Olea, a trade finance origination and distribution platform. The two firms have worked on developing the new digital trade finance platform. Furthermore, the platform leverages blockchain technology. This platform aims to give institutional investors an alternative asset class. Their plan is to lure in businesses that require supply chain financing. The platform should be operational by…
4 years ago