Workflow
Blockchain technology
icon
Search documents
Standard Chartered-Backed Libeara Launches Tokenized Gold Fund in Singapore
Yahoo Finance· 2025-12-09 10:06
Core Insights - Libeara, a blockchain infrastructure platform backed by Standard Chartered's SC Ventures, has launched a tokenized gold investment fund in Singapore, integrating traditional gold investment with digital technology [1][2] - The fund, in partnership with FundBridge Capital, allows professional investors to gain exposure to gold through blockchain-based tokens that correlate to the spot price of gold, providing a digital alternative to physical gold [2][4] Group 1: Fund Structure and Benefits - The tokenized gold fund, named MG 999, is designed to eliminate traditional costs associated with vaulting and logistics while maintaining price exposure to gold [3][4] - FundBridge emphasizes that the fund structure targets efficiency and regulatory compliance, offering synthetic exposure to gold without holding physical bullion [5][4] Group 2: Market Context and Demand - The launch of the tokenized gold fund coincides with a surge in global gold demand, as central banks increase their bullion reserves amid concerns regarding the US dollar's long-term dominance and geopolitical uncertainties [7] - This initiative reflects a broader trend among established financial institutions to tokenize real-world assets, including precious metals, as blockchain technology gains traction beyond cryptocurrencies [5][6] Group 3: Strategic Expansion - SC Ventures is expanding its digital-assets presence in Asia, holding majority stakes in Zodia Custody and Zodia Markets, which focus on institutional digital-asset services [6] - The launch of the tokenized gold fund underscores how traditional finance players are leveraging their reputation to enter the digital asset sector, which has faced trust issues following industry challenges [6]
Korea’s Woori Bank Begins Displaying Bitcoin Price in Its Trading Room
Yahoo Finance· 2025-12-05 10:18
Group 1 - Woori Bank has started displaying Bitcoin prices in its main trading room in Seoul, alongside won-dollar exchange rates and stock market data, indicating a growing interest in cryptocurrencies [1][2] - The initiative reflects the increasing prominence of digital assets in global financial markets, as Woori Bank aims to monitor them as key indicators for market trends [2] - The financial ecosystem is witnessing a trend towards integrating Traditional Finance (TradFi) with digital asset markets, with several alliances being formed to facilitate this integration [3] Group 2 - Recent partnerships, such as the one between Kraken and Deutsche Börse, aim to bridge TradFi and crypto through trading, custody, settlement, collateral management, and tokenized assets [3] - Hana Financial Group and Dunamu have also signed an agreement to introduce blockchain technology for services like overseas remittances, showcasing the broader interest in digital assets [4] - The integration of TradFi and crypto is further exemplified by the rise of crypto Exchange Traded Funds (ETFs), with major asset management firms like Grayscale, Franklin Templeton, BlackRock, and Fidelity issuing multiple crypto ETFs [5] Group 3 - Franklin Templeton's Solana ETF has begun live trading on the NYSE Arca platform, indicating a growing acceptance and integration of crypto products in traditional financial markets [6]
Wellfield Technologies Inc. Announces Expiry of Agreement with Leonovus
Newsfile· 2025-12-04 00:02
Core Points - Wellfield Technologies Inc. announced the expiration of the amended and restated share purchase agreement with Leonovus Inc. for the acquisition of its subsidiary, Tradewind Markets Inc., as the deadline of November 30, 2025, lapsed without an extension [1] Company Overview - Wellfield Technologies, Inc. is a leading fintech company that specializes in innovative solutions utilizing blockchain technology [2] - The company's platform, Coinmama, provides access to the cryptocurrency market for over 3.5 million registered users across 180 countries [2] - Wellfield also operates the Tradewind Markets platform, which digitizes and trades real-world assets, including its flagship products, VaultChain™ Gold and VaultChain™ Silver [2]
Kalshi Adds Sei Integration
Crowdfund Insider· 2025-12-02 19:40
Core Insights - Sei has integrated with the prediction market Kalshi, enhancing its capabilities in the event-driven marketplace [1] - Sei claims to be the fastest Level 1 blockchain, with transaction speeds of 400ms, and the upcoming Sei Giga network upgrade is expected to achieve 5 gigabits per second throughput, equating to approximately 200,000 transactions per second while maintaining sub-400ms finality [1] - Kalshi, regulated by the CFTC, allows traders to execute event contracts on Sei using USDC, combining regulatory oversight with high-performance decentralized network [2] Company Overview - Sei Labs was founded in 2021 by Jeffrey Feng and Jayendra Jog, with the mainnet beta launch occurring in July 2024 [2] - Sei has reported a significant user growth, reaching 81.5 million users and adding over 230,000 new users in a single day [2] - SEI Investments Company stock (SEIC) is traded on NASDAQ, with a market capitalization of approximately $9.9 billion [2]
Metasphere Labs Announces Cancellation of Non-Brokered LIFE Offering
Thenewswire· 2025-12-02 00:00
Core Viewpoint - Metasphere Labs Inc. has decided to cancel its non-brokered private placement offering, known as the LIFE Offering, due to unfavorable market conditions [1][2]. Group 1: Offering Details - The LIFE Offering was initially announced on October 17, 2025, and had undergone amendments on November 4, 2025, and November 19, 2025 [2]. - The offering was intended to be conducted under the Listed Issuer Financing Offering as per National Instrument 45-106 [1]. Group 2: Future Plans - The Company is actively evaluating other potential financing opportunities and will provide updates as necessary [2]. Group 3: Company Overview - Metasphere Labs Inc. focuses on integrating blockchain technology into real-world applications, emphasizing environmental sustainability and social impact [3].
SoFi Is Betting Big on Crypto, But Is It Hurting or Helping the Financial Giant's Stock?
The Motley Fool· 2025-11-29 08:05
Core Viewpoint - SoFi Technologies has re-entered the crypto trading market, which is expected to enhance its revenue and customer engagement, especially as the popularity of cryptocurrencies rises among retail investors and financial institutions [1][9][10]. Company Overview - SoFi Technologies has outperformed the S&P 500 this year, with a current market cap of $36 billion and a stock price of $29.72, reflecting a 4.32% increase [3]. - The company has launched crypto trading, becoming the first nationally chartered bank to do so, allowing customers to trade dozens of cryptocurrencies directly on its platform [1][3]. Industry Context - The resurgence of crypto trading aligns with trends observed in other fintech companies like Robinhood and Coinbase, which have seen significant growth in crypto-related revenues [4][5]. - Robinhood reported a 300% year-over-year increase in crypto revenue, while Coinbase achieved 82.8% year-over-year transaction revenue growth in Q3, indicating a strong market for crypto trading [5][6]. Historical Context - SoFi previously offered crypto trading from 2019 until 2023, when it was discontinued due to regulatory pressures associated with becoming a chartered bank [7][10]. - The company had seen a 112% year-over-year increase in SoFi Invest revenue in Q2 2022, attributed in part to crypto trading, but revenue growth slowed to 1% year-over-year in Q1 2024 after the removal of crypto trading [8]. Future Outlook - The reintroduction of crypto trading is expected to attract customers back to SoFi, potentially increasing demand for other financial products like equity and options transactions [11]. - If SoFi can replicate the revenue growth seen by Robinhood, it could significantly boost its financial performance in upcoming quarters, especially given the favorable year-over-year comparisons due to the absence of crypto transactions in previous periods [12][13].
OwlTing Authorizes $10 Million Share Repurchase Program Amid Significant Payment Technology Advancements
Globenewswire· 2025-11-26 12:27
Core Viewpoint - OBOOK Holdings Inc. (OwlTing) has authorized a share repurchase program of up to USD $10 million, reflecting the Board's belief that the current market valuation does not fully represent the company's strengths and upcoming catalysts in its payment technology pipeline [1][2]. Share Repurchase Program - The repurchase program is effective for nine months and allows the company to buy back shares through various methods, including open-market purchases and block trades, in compliance with applicable securities laws [2][4]. - The company is not obligated to repurchase a specific number of shares, and the program may be modified or terminated based on market conditions or corporate needs [5]. Strategic Roadmap - OwlTing is set to launch transformative technologies that integrate traditional financial systems, stablecoin settlements, and AI-driven payment models, positioning itself as a critical infrastructure provider for digital currency adoption [3]. - Key anticipated milestones include the integration with a major global card network for seamless digital currency settlement, the implementation of stablecoin-based settlement architecture, and the deployment of an AI-driven autonomous settlement engine [7]. Company Overview - OBOOK Holdings Inc. operates as OwlTing Group, headquartered in Taiwan, with subsidiaries in multiple countries, and is recognized as a top player in the "Enterprise & B2B" category of the stablecoin market [6]. - The company's mission is to leverage blockchain technology for reliable data management and to facilitate the digital transformation of business operations, exemplified by its hybrid payment solution, OwlPay [6].
Earlyworks (ELWS) - Prospectus
2025-11-25 21:11
Japan 7371 Not applicable (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 5-7-11, Ueno, Taito-ku Tokyo, Japan 110-0005 Tel: +81 03-5614-0978 As filed with the U.S. Securities and Exchange Commission on November 25, 2025 Registration No. 333-[●] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Earlyworks Co., Ltd. (Exact name of Registrant as specified in its charter) (State o ...
Web3 firm Animoca Brands' chief strategy officer: The timing to go public is right
CNBC Television· 2025-11-25 20:53
Thank you very much for joining us here in Palm Beach, Florida for Clear Street's disruptive technology conference. >> Oh, thank you very much. It's a pleasure to be here.>> Absolutely. And you were actually just named chief strategy officer for Anamoka Brands. What prompted you to join Anamoka and what are you hoping to achieve in this new role.>> Well, so I've actually been affiliated with Animoka for a very very long time, over a decade now, going all the way back to its earliest days. And along the way, ...
Ripple Insiders Just Told Us The XRP Truth (You Need To See This!)
We recently talked about how institutional players in Wall Street is getting really more bullish on crypto than ever before. And I feel like a lot of the recent events, especially at Ripple Swell, we kind of saw that increased bullish view on crypto from some of the biggest names in finance. Recently I saw a post from Rhys Merrick who is a Ripple employee and he said full circle moment for me at Ripple Swell a couple of weeks ago.7 years ago when I joined Ripple I remember meeting with large financial insti ...