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NewGen Announces Strategic Entry into Art Tokenization Market with $2 Million Private Collection Deal, Expandable to $200 Million
Globenewswire· 2025-10-20 12:30
Core Insights - NewGenIvf Group Limited has signed an engagement letter with World Chinese Museum to act as the worldwide agent for the tokenization of the Client's high-value private art collection [1][2][3] - The initial tranche of artwork to be tokenized is valued at US$2 million, with potential expansion up to US$200 million based on the success of the initial rollout [3] - NewGen will earn a 15% fee on the total value of the tokenized assets, creating a new revenue stream for the Company [3] - The art tokenization market is rapidly growing, providing liquidity and fractional ownership opportunities for investors [4] - The CEO of NewGen emphasized the strategic importance of this initiative in the decentralized finance landscape and highlighted the potential disruption in the art market through blockchain technology [5] Company Overview - NewGenIVF Group operates in three strategic business divisions: NewGenProperty (real estate development), NewGenDigital (digital asset and DeFi solutions), and NewGenSup (health and longevity products) [6] - The Company is positioned to capitalize on emerging opportunities across real estate, healthcare, and digital assets, leveraging technology for sustainable growth [6]
MMA.INC Advances Tokenization with Solana testnet Minting and NVIDIA AI Infrastructure Alignment
Globenewswire· 2025-10-20 12:25
Core Insights - Mixed Martial Arts Group Limited (MMA.INC) has launched its utility token on the Solana testnet, marking a significant advancement in its Web3 ecosystem that integrates combat sports, blockchain, and artificial intelligence [2][4] - The company is utilizing NVIDIA's AI infrastructure for validation testing, focusing on scalable model deployment and real-time fight data analysis to enhance platform performance and user engagement [3][9] Group 1: AI Integration and Ecosystem Development - The integration of AI into the Web3 ecosystem aims to create a dynamic intelligence network for combat sports, allowing users to earn rewards through verified training and engagement [4][5] - The testnet phase includes features such as minting, staking, experience point (XP) accumulation, and AI-powered analytics to assess user performance and engagement [4][7] - The AI system will analyze training data and performance metrics to provide personalized insights, driving gamification and community retention [5][10] Group 2: Tokenomics and User Engagement - The 'Get Paid to Train' utility token is designed to stress test tokenomics, staking, and reward mechanics, with a focus on incentivizing participation among the 700 million global MMA fans [7][17] - Users can earn XP for verified training activities, compete in global leaderboards, and receive customized performance feedback and tokenized rewards [8][17] - The AI layer will inform governance and reward calibration, ensuring a balanced and engaging ecosystem [7][12] Group 3: Infrastructure and Scalability - MMA.INC is leveraging NVIDIA's GPU-accelerated frameworks to enhance fight analytics and real-time data inference, allowing for dynamic adjustments in staking and rewards based on performance data [9][10] - The company is also exploring collaborations with other AI providers to ensure interoperability and efficiency in its ecosystem [11] - Mainnet deployment is projected for Q1–Q2 2026, contingent on successful audits and testing outcomes [7]
Wall Street Bank Citi Sees Stablecoins Powering Crypto’s Next Growth Phase
Yahoo Finance· 2025-10-20 12:05
Core Insights - Citi has raised its 2030 market cap outlook for stablecoins to $1.9 trillion, reflecting growth in the crypto market since the passage of the GENIUS Act in July [1] - Stablecoins account for 5%–10% of the total cryptocurrency market capitalization and are primarily used as an on-ramp to crypto [1] Market Dynamics - Stablecoins are cryptocurrencies pegged to assets like the U.S. dollar or gold, playing a crucial role in payment infrastructure and international money transfers [2] - Tether's USDT is the largest stablecoin, followed by Circle's USDC [2] Banking Impact - The impact of stablecoins on bank deposits is expected to be modest, with potential shifts in funding costs and lending appetites, similar to the rise of money market funds in the 1980s [3] - The stablecoin boom has increased activity on the Ethereum blockchain, although this dominance may diminish as issuers create their own networks [3] Adoption Drivers - The primary driver for stablecoin adoption is their role as a "store of value" in emerging markets facing inflation or weak institutions, which may increase demand for dollar assets [4] - Payments remain a niche use case, primarily involving small transactions [4] Regulatory Landscape - The U.S. dollar continues to dominate the stablecoin market, but euro-denominated stablecoins are beginning to gain traction [5] - New regulations in Hong Kong could significantly reshape the stablecoin landscape outside the U.S. [5]
Bakkt Strengthens Board with Appointment of Renowned Macro Strategist Lyn Alden
Globenewswire· 2025-10-20 12:00
Core Insights - Bakkt Holdings, Inc. has appointed Lyn Alden to its Board of Directors, enhancing its governance and strategic expertise as part of its ongoing transformation [1][2][3] - Lyn Alden is recognized for her macroeconomic insights and has a strong background in engineering and investment research, which will support Bakkt's focus on redefining financial systems [2][3][4] - Bakkt aims to build a resilient financial infrastructure that integrates digital assets, including Bitcoin and stablecoins, positioning itself at the forefront of a generational shift in finance [5][4] Company Overview - Bakkt was founded in 2018 and is focused on creating next-generation financial infrastructure that facilitates institutional participation in the digital asset economy [5] - The company provides solutions that encompass Bitcoin, tokenization, stablecoin payments, and AI-driven finance, emphasizing security and regulatory compliance [5] - Bakkt is headquartered in New York and is committed to transforming how money moves and how markets operate [5]
Blaqclouds, Inc. Applies for FinCEN Registration as a Money Services Business (MSB) and Initiates Share Audit Following Management Transition
Globenewswire· 2025-10-20 11:30
Core Insights - Blaqclouds, Inc. has submitted its application to register as a Money Services Business (MSB) with FinCEN, marking a significant step towards regulatory compliance and financial transparency [1][5] - The company has initiated a comprehensive audit of common stock transactions and share issuances from April 2025 to October 7, 2025, following a management change [2][6] - The audit aims to ensure proper shareholder approval and legal board authorization for past actions, with potential litigation to protect shareholder interests [4][6] Regulatory Compliance - The registration with FinCEN is crucial for aligning Blaqclouds' Web3 payment technologies with U.S. compliance frameworks [2] - The company is committed to operating transparently and has engaged Dominion Stock Transfer to assist in reconciling share issuances during the disputed period [4][5] Management Changes - A new management team regained control of Blaqclouds on October 7, 2025, which is seen as a turning point for the company's integrity and strategic direction [2][6] - The previous CEO's actions during the disputed period included canceling 250 million shares and increasing the authorized share count to 1 billion, leading to concerns over the legality of these transactions [6] Audit Details - The audit will investigate whether share issuances were executed with valid legal authority, particularly focusing on two Notices of Conversion that may have been improperly authorized [6] - The findings of the audit will be publicly disclosed, and shareholder records will be updated accordingly [4][5] Company Overview - Blaqclouds aims to bridge legacy finance with decentralized networks, providing blockchain solutions for commerce and payments [6] - Key consumer applications include ShopWithCrypto.io, ZEUSxPay.io, DEX.ZEUSx.io, and ApolloWallet.io [7]
Exodus Announces Common Stock Tokens on Solana with Superstate
Globenewswire· 2025-10-20 11:20
Core Insights - Exodus Movement, Inc. has announced that shareholders can hold their Class A shares as common stock tokens on the Solana blockchain, facilitated by Superstate [1][2][3] - The company is the first publicly traded entity to offer a common stock token, which is also available on Algorand, showcasing its commitment to multichain functionalities [2][3] - The CEO of Exodus emphasized the importance of tokenization in the financial sector and expressed excitement about the integration with Solana, which hosts a vibrant community of crypto enthusiasts [3] Company Overview - Exodus is a financial technology leader that provides secure and user-friendly crypto software solutions, making digital assets accessible since 2015 [5][6] - The company offers self-custodial wallets that allow customers to manage their funds independently, along with business solutions like Passkeys Wallet and XO Swap [6] Technology and Platform - Superstate's Opening Bell platform, launched in May 2025, enables companies to issue tokenized public equity on blockchains, starting with Solana [4][7] - The platform allows for compliant and programmable equity to engage with digital finance ecosystems, enhancing liquidity and capital formation [7]
Exodus Announces Common Stock Tokens on Solana with Superstate - Exodus Movement (AMEX:EXOD)
Benzinga· 2025-10-20 11:20
Core Viewpoint - Exodus Movement, Inc. has announced that shareholders can hold their Class A shares as common stock tokens on the Solana blockchain, facilitated by Superstate, marking a significant step in the tokenization of equity [1][2][3] Group 1: Company Developments - Exodus is the first publicly traded company to offer a common stock token, which now exists on both Solana and Algorand, showcasing its commitment to multichain functionalities [2] - The CEO of Exodus, JP Richardson, emphasized the importance of tokenization in the financial sector and expressed excitement about the digital representation of Exodus' Class A shares on Solana, a platform popular among crypto enthusiasts [3] - The Opening Bell platform, launched by Superstate, enables companies to issue tokenized public equity on blockchains, initially focusing on Solana, thus enhancing compliance and programmability in equity [4] Group 2: Company Background - Exodus is a financial technology leader that has been providing secure and user-friendly crypto software solutions since 2015, focusing on making digital assets accessible through multi-asset crypto wallets [5][6] - The company offers self-custodial wallets that allow customers to have full control over their funds, facilitating crypto transactions and swaps [6] Group 3: Industry Context - The tokenization of stocks on the blockchain is viewed as the future of the financial sector and capital markets, with a focus on expanding access and improving liquidity through on-chain public investment products [3][7]
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-10-20 09:09
We are getting closer and closer to $TTN launch ✅@ToyowOfficial isn’t just about real estate, it’s about evolution:• Ownership is changing• Access is borderless• Anyone can own a piece of what once felt untouchableWith $TTN, real-world assets meet blockchain.🔹 Tokenized🔹 Fractionally owned🔹 Traded on-chainThe future of ownership isn’t coming it’s already here. 🏙️🚀Toyow Foundation (@toyowfoundation):Every idea has an inception..This is Toyow’s 👇#RWA is heating up! The countdown to ownership with $TTN begins ...
X @Cointelegraph
Cointelegraph· 2025-10-20 07:00
AI and Automation in Retail - Kevin O'Leary from Shark Tank predicts AI will automate most retail purchases [1] - Blockchain will handle payments in this automated retail environment [1]
X @aixbt
aixbt· 2025-10-20 03:30
broadridge dlr processing $5.9 trillion monthly in tokenized repos through canton network. that's $70.8t annualized on permissioned blockchain infrastructure with goldman, hsbc, and bnp already live. canton raised $397m with no pre-mine, no vc vesting. 400 banks onboarded processing more volume than entire crypto market cap combined ...