Deribit to Offer Options on More Tokens, Expand in EU
Deribit plans to introduce options trading for SOL (Solana), XRP (Ripple), and MATIC (Polygon) starting in January 2024. About a year after the platform experienced a $28 million attack, the cryptocurrency derivatives exchange Deribit is attempting to apply for a brokerage license in the European Union. The exchange now regarded the EU as the “best […]
Experts Announce Revolutionary Tokenized Asset Coalition
Today, many prominent figures in asset tokenization announced the creation of an association to advance its progress. The Tokenized Asset Coalition (TAC) has been established by seven pioneers in decentralized finance (DeFi). This newly formed advocacy organization, as announced on September 7th, is dedicated to promoting the widespread adoption of public blockchains, asset tokenization, and […]
Kraken Listing Sends Reddit Community Tokens to Moon
Kraken, on August 7, announced the listing of the two Reddit community tokens, Moon and Brick, for spot trading and long-term futures. Two Reddit users’ creations, Moons and Brick, have increased 48% and 443% in value during the past week since being launched on the cryptocurrency market Kraken. The listing of Moons (MOON) and Brick […]
Hong Kong, Saudi Arabia Collaborate on Tokens, Payments
Hong Kong is expanding its financial collaboration with the Kingdom of Saudi Arabia, targeting tokenization and payments infrastructure agreements. A bilateral meeting between the Hong Kong Monetary Authority (HKMA) and the Saudi Central Bank (SAMA) was held on July 26 to improve the integration of financial services between the two nations. The HKMA and the […]
Tokenomics 101: Understanding the Economics of Cryptocurrencies
Cryptocurrencies have become a prominent topic of discussion and investment in recent years. Born out of the desire to create a decentralized and secure digital currency, cryptocurrencies, such as Bitcoin, Ethereum, and many others, have captured the imagination of individuals and institutions alike. While the technological aspects of cryptocurrencies, such as blockchain, often receive significant […]