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X @Avalanche🔺
Avalanche🔺· 2025-09-30 14:45
RT Avalanche Team1 (@AvaxTeam1)🔺Avalanche Lodge At Korea Blockchain Week 🇰🇷Some Team1 members attended the Avalanche Lodge in Seoul and created this little after movie.Amazing event to close out a month of incredible regional announcements. Avalanche is winning in Korea 🇰🇷 https://t.co/GNBnZAXq5r ...
Burkhan Capital LLC led consortium commits to investing $300 Million in Robo.ai to Power Global AI and Robotics Platform Acceleration
Prnewswire· 2025-09-30 14:01
Core Insights - Burkhan Capital LLC has announced a strategic investment of $300 million in Robo.ai Inc. to accelerate its growth and transformation [1][2] - The investment will enhance Robo.ai's global platform, integrating smart devices into an AI-enabled ecosystem supported by blockchain technology [2] - This partnership aligns with Burkhan's focus on high-impact technology investments and its 'Profit with Purpose' philosophy [2][3] Investment Details - The investment consortium led by Burkhan is expected to close within 30 calendar days, pending customary conditions [1] - Funding will be utilized to strengthen Robo.ai's market presence in the Middle East and expand into North America, Europe, and South Asia [2] Company Background - Burkhan Capital LLC focuses on high-impact opportunities in sectors such as AI, technology, infrastructure, and critical minerals [4] - Robo.ai Inc. is dedicated to developing a global AI-enabled robotics platform, aiming to create a decentralized AI network for smart devices and assets [5] Strategic Vision - Burkhan's CEO emphasized the strategic partnership as a means to combine resources with Robo.ai's technical expertise, creating a powerful synergy [2] - Robo.ai's CEO highlighted that the investment will significantly enhance their ability to scale and fulfill their mission in the intelligent Internet of Things [2] Previous Achievements - Burkhan has a track record of investing in transformative AI and technology ventures, including a successful IPO of edge AI computing company Blaize [3]
X @ZKsync (∎, ∆)
ZKsync (∎, ∆)· 2025-09-30 13:33
Thrilled to welcome @0xSANDchain to the Elastic Network!@0xSANDchain is on a mission to build not just another blockchain, but the foundation of a Creator Nation: a sovereign, onchain economy where creators launch their own economies, fans become active citizens, and liquidity fuels culture.Building upon @TheSandboxGame established ecosystem of over 8 million users.The Creator Economy just leveled up.SANDchain (@0xSANDchain):Today, we officially launched SANDchain — The Creator Chain. https://t.co/H98LNba5t ...
Chainlink and Swift Enable Banks to Access Blockchains Without Infrastructure Upgrades
Yahoo Finance· 2025-09-30 13:25
Core Insights - Chainlink has introduced a new technical framework that allows financial institutions to manage digital asset workflows using Swift's global messaging system, eliminating the need for infrastructure upgrades [1][4] - The pilot conducted with UBS Tokenize demonstrated the use of ISO 20022 messages to trigger blockchain-based transactions, showcasing the integration's effectiveness [3][8] Group 1: Integration and Functionality - The integration allows institutions to connect with blockchain systems without needing new identity, key management, or settlement tools, thereby reducing friction and increasing automation [4][6] - The model is designed to be "plug-and-play," facilitating access to blockchain infrastructure for global institutions without the costs associated with full system replacements [6][8] Group 2: Industry Impact - This development is expected to enable the $100+ trillion fund industry to explore full onchain workflows, enhancing transparency and reducing reconciliation steps [6][8] - Chainlink is collaborating with 24 global banks and financial infrastructure firms to standardize corporate action data, aiming to reduce billions in annual processing costs across the industry [7] Group 3: Previous Collaborations - The new phase builds on earlier work under the Monetary Authority of Singapore's Project Guardian, where Chainlink, Swift, and UBS tested tokenized asset settlement using offchain cash transfers [5] - The integration adds interoperability, allowing onchain events to be triggered directly from traditional messaging rails, addressing a key challenge in the adoption of tokenized finance [5]
Morning Minute: SWIFT Goes On-chain
Yahoo Finance· 2025-09-30 13:01
Core Insights - SWIFT is integrating a blockchain ledger into its infrastructure, starting with a prototype designed by ConsenSys for instant interbank cross-border payments [2][3] - A coalition of over 30 institutions, including major banks like Bank of America and Citi, is involved in the development of this blockchain solution [3] - The integration of blockchain technology by traditional financial institutions signifies a shift towards more efficient payment systems and acknowledges blockchain as a superior solution [4] Industry Implications - The move to a blockchain-based system by SWIFT could lead to significant cost savings and operational efficiencies across financial institutions [4] - The standardization of shared ledgers among banks will facilitate the bridging of fiat, stablecoins, and tokenized deposits, enhancing the validity of crypto in the market [6] - This development is expected to be bullish for stablecoins and the tokenization of real-world assets (RWAs), further legitimizing crypto on a global scale [6]
Reliance Global Group (RELI) Adds XRP to Digital Asset Treasury, Expanding Enterprise-Grade Blockchain Portfolio
Globenewswire· 2025-09-30 13:00
Core Viewpoint - Reliance Global Group has completed the purchase of XRP, enhancing its Digital Asset Treasury initiative and diversifying its portfolio with a top-tier cryptocurrency recognized for its speed and scalability in cross-border payments [1][2][3] Group 1: Digital Asset Strategy - The addition of XRP follows previous purchases of Bitcoin, Ethereum, and Cardano, reflecting a disciplined approach to building a diversified digital asset portfolio [2][3] - The company aims to integrate digital assets into its broader strategy, merging innovative technologies with its established strengths in insurance and financial services [3][10] - Reliance emphasizes the importance of secure custody, transparent oversight, and regulatory compliance in managing its digital assets [3][10] Group 2: XRP Characteristics - XRP is the fourth-largest cryptocurrency by market capitalization and is widely used as a bridge asset for international payments [2] - Key features of XRP include transaction settlement in 3-5 seconds, low transaction fees, partnerships with global banks for liquidity management, scalability of over 1,500 transactions per second, and energy efficiency compared to proof-of-work blockchains [5][6] Group 3: Long-term Vision - The company believes that the disciplined diversification into digital assets will capture the transformative potential of blockchain technology and drive long-term shareholder value [3][6] - Reliance's strategy includes balancing innovation with prudent governance and compliance, aiming to enhance resilience, efficiency, and growth through blockchain participation [3][6]
Societe Generale’s Crypto Arm Brings Euro and Dollar Stablecoins to DeFi via Ethereum
Yahoo Finance· 2025-09-30 12:58
Core Insights - Societe Generale's digital asset unit, SG-FORGE, has expanded its euro- and dollar-denominated stablecoins into decentralized finance (DeFi) by deploying them on Ethereum-based protocols Morpho and Uniswap [1][3][9] Group 1: DeFi Integration - The deployment allows EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) to be used for borrowing, lending, and spot trading in a fully on-chain environment, marking a shift from SG-FORGE's previous focus on centralized platforms [3][6] - Users can now borrow or lend the bank-issued stablecoins against major cryptocurrencies such as Bitcoin and Ethereum, as well as tokenized money market funds regulated by the French Financial Markets Authority [4][5] Group 2: Market Position and Strategy - SG-FORGE's stablecoins currently have a market cap of $66 million for EURCV and $32 million for USDCV, indicating a growing interest from institutional players in integrating real-world assets into permissionless finance [7] - Societe Generale is among the few global banks actively issuing and deploying its own stablecoins, exploring their potential role within DeFi ecosystems while maintaining connections to regulated assets [8][9]
Bitcoin has characteristics that gold doesn't, says Coinbase's John D'Agostino
CNBC Television· 2025-09-30 12:58
Let's check the crypto markets right now. Saw a little bit of weakness, but there was a rebound from last week uh recently. Joining us now with more, John Dagghastino, Coinbase head of uh institutional uh strategy.And I want to talk AI and the convergence with crypto and and and some of these terms and you can explain it to me. Um but here's a couple bullet points. AI made intelligence scalable and programmable.Crypto is doing the same thing for money and value and when you put them together uh it makes pro ...
Bitcoin has characteristics that gold doesn't, says Coinbase's John D'Agostino
Youtube· 2025-09-30 12:58
Let's check the crypto markets right now. Saw a little bit of weakness, but there was a rebound from last week uh recently. Joining us now with more, John Dagghastino, Coinbase head of uh institutional uh strategy.And I want to talk AI and the convergence with crypto and and and some of these terms and you can explain it to me. Um but here's a couple bullet points. AI made intelligence scalable and programmable.Crypto is doing the same thing for money and value and when you put them together uh it makes pro ...
X @Token Terminal @ TOKEN2049 🇸🇬
Token Terminal 📊· 2025-09-30 12:36
4. Data maintenance▪️ Standardized onchain metrics require ongoing maintenance work, especially when the goal is completeness and accuracy.▪️ The maintenance work has only grown in magnitude and importance over the last few years, as more L1/L2 blockchains have improved in performance & evolved from single to multichain and/or multiapplication ecosystems.▪️ A Data Partnership with Token Terminal means that Boba Network can rely on Token Terminal to manage all future updates to its metrics, and instead direc ...