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Blockchain Press Releases

Introducing GrtWines: New Web3 Wine Marketplace Opening Doors for Next Generations of Investors to Vintage Fine Wines with Asset Tokenization

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Co-founded by CLSA former Chairman Jonathan Slone and internationally acclaimed wine critic James Suckling, GrtWines aspires to expand multi-generational access to the centuries-old asset class

HONG KONG, April 11, 2024 /PRNewswire/ — GrtWines (https://www.grtwines.com/), a Web3 wine marketplace for enthusiasts and investors, proudly announces the official launch of its digital platform to collect, trade, and store fine wines with asset backed tokens. Launched to attract the growing appetite from new generations of collectors, GrtWines stands at the forefront of this formerly exclusive and high-performing US$441 billion market, presenting an inclusive, secure and seamless opportunity for seasoned connoisseurs and newcomers alike to access, acquire and invest in the historically lucrative asset class through tokenization.

GrtWines’ wine-backed tokens are tied to tangible, investment-grade wines, which can be easily redeemed or traded at GrtWines’ marketplace, providing investors and wine collectors with the benefits of flexibility, transparency, and liquidity while ensuring the stability and long-term value of fine wines. The peer-to-peer blockchain platform enables direct access and trading to fine wines, surpassing the limitations of traditional auction markets and eliminating intermediaries’ involvement. Until redeemed and delivered, wines are sourced directly from and stored in optimal condition at renowned wineries and trusted partners such as CVBG, an iconic Bordeaux negociant, ensuring the utmost quality and provenance, and an attractive option for both wine enthusiasts and investment-savvy individuals to diversify their portfolios.

Backed by internationally acclaimed wine critic James Suckling, wine veteran Mathieu Chadronnier, and led by CLSA’s former Chairman Jonathan Slone, blockchain expert Victor Yin, and entrepreneur Meaghan Becker, GrtWines is composed of a team of professionals who value the artisanship in wine collection, with the mission to introduce a new stream of liquidity within the traditionally closed world of illiquid asset class.

Jonathan Slone, CEO and Co-founder at GrtWines, said, “As a wine connoisseur, I’m passionate about GrtWines in preserving the rich heritage whilst building a transparent and connected community that is driven by the consumers. Traditional alternative assets such as well-aged wines, fine art and luxury watches have gained significant traction among younger buyers, serving as both portfolio diversification and elevated lifestyle. We believe this experience should be accessible for all, and by pairing fine wines with tokenization, our platform will revolutionize this archaic industry and drive wine appreciation in the long run.”

Debut on April 16, GrtWines is delighted to unveil “The Jefferson Collection” – a tribute to the US Founding Father Thomas Jefferson’s well-documented interest in fine wine, including Château Haut-Brion, Château Lafite Rothschild and Château Margaux. With a total of 21 wine-backed tokens, this collection exhibits the historical preferences of Jefferson through a meticulously curated selection of Ex-Château Bordeaux wines, perfectly stored and delivered by CVBG.

Victor Yin, CTO and Co-founder at GrtWines, said, “The establishment of GrtWines is a significant milestone in the maturation of the digital asset industry and blockchain technology. With the use of smart contracts, we double down on proof of ownership and provenance, effectively enhancing the overall transparency and security in the persistent counterfeit market. At GrtWines, we are committed to fostering a democratized wine industry that transcends tradition and swirls participation for generations, ushering in a new, vibrant era of vinous exploration.”

In January, GrtWines successfully released its inaugural collection “100 Magnums”, featuring iconic Bordeaux wines. The collection was sold out within four days, with its first wine-backed token acquired in 54 seconds, signifying a strong market interest in real-world asset tokenization. GrtWines is dedicated to enriching the utility of wine-backed tokens far beyond the inherent value of the bottle, pouring forth a rich and immersive experience for the digitally native generation and expanding the value of underlying assets. Committed to delivering a self-exploration for wine enthusiasts and new generations, GrtWines aspires to provide seamless access to a range of unique wine-related opportunities, while also guaranteeing the authenticity, transparency, and security of this timeless, lucrative asset.

(Download Full Media Pack Here)

About GrtWines

GrtWines is a Web3 wine marketplace where enthusiasts around the world can embark on their wine discovery journey – collecting, trading, and storing fine wines with tokens backed by real bottles. Enriching the fine wine market using blockchain technology, GrtWines’ asset-backed tokens ensure transparency, security, and authenticity, offering unprecedented access to the world’s greatest wines that are directly sourced, professionally stored, and easily owned and traded.

Photo – https://mma.prnewswire.com/media/2384388/Consisting_21_wine_backed_tokens_GrtWines_proudly_presents__The_Jefferson_Collection.jpg 
Logo – https://mma.prnewswire.com/media/2384389/GrtWines_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/introducing-grtwines-new-web3-wine-marketplace-opening-doors-for-next-generations-of-investors-to-vintage-fine-wines-with-asset-tokenization-302114263.html

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Blockchain Press Releases

Bitget Wallet Lists Ecosystem Token BWB on Native Launchpad, Seeks to Capitalize on Market Momentum

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VICTORIA, Seychelles, May 20, 2024 /PRNewswire/ — Bitget Wallet, one of the largest multi-chain wallets, has announced that its official ecosystem token will be listed on its native launchpad from May 23, 18:00 (UTC+8). This move marks a significant milestone in Bitget Wallet’s commitment to revolutionizing the digital asset landscape and providing users with unparalleled opportunities for growth and engagement.

Users who have accumulated at least $200 worth of transactions in the month of May on Bitget Swap, the wallet’s native trading platform, will be eligible for the public round of the launchpad.

“For a project to launch its own token, careful and robust consideration of various factors have to be made,” Alvin Kan, COO of Bitget Wallet comments. “A clear understanding of a project’s unique value proposition on the market, together with a strong community to back it, are paramount requirements that need to be met before a token launch. We are satisfied that these conditions have been adequately met at this point in time, which have led us to this strategic move.”

BWB Tokenomics

Following the recent conclusion of the BWB Points campaign, the BWB token, set to launch on Solana, Ethereum, and Base chains, will be capped at a total supply of 1 billion. 47% of this total supply will be allocated to the community treasury and 10% will go to investors, while 5% will be reserved for the pre-TGE (token generation event) airdrop.

Aside from community governance rights, BWB can also be used to cover gas fees on multiple chains, staking, and will qualify holders for future airdrops from Bitget Wallet. The token will soon make its way to the wallet’s native launchpad.

Bitget Wallet Launchpad: Democratizing DeFi

Distinguishing Bitget Wallet from other wallets by providing new and innovative ways to improve the overall user experience has been a central focus of Bitget Wallet’s development roadmap this year. By introducing a native launchpad, the wallet aims to provide an avenue for users to better discover new and upcoming projects that have been carefully vetted by the Bitget Wallet team. In doing so, not only will users be able to better capitalize on various “low risk, high return” opportunities in the DeFi space, it also empowers retail investors to follow smart money and trends in the industry.

“The democratization of investment opportunities is an important goal that we are working towards, as this allows users to participate in high-quality projects and strengthens the participation and reward mechanism of the entire ecosystem,” Alvin says.

Being one of the first wallets on Web3 to integrate a native launchpad also means that users will be able to participate in leading projects right from the convenience of their Bitget Wallet mobile application. The launch of the platform’s ecosystem token on its very own native launchpad marks a pivotal milestone in Bitget Wallet’s aims to expand its global influence and deepen customer engagement.

About Bitget Wallet

Bitget Wallet is Asia’s largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, NFT, DApp, and token earning center. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

View original content:https://www.prnewswire.co.uk/news-releases/bitget-wallet-lists-ecosystem-token-bwb-on-native-launchpad-seeks-to-capitalize-on-market-momentum-302150050.html

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Blockchain Press Releases

KuCoin Ventures Announces Strategic Investments in ELFi Protocol to Enhance Derivatives Trading Experience

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VICTORIA, Seychelles, May 20, 2024 /PRNewswire/ — KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has announced a strategic investment in ELFi, a cutting-edge decentralized derivatives trading platform. This collaboration marks a significant milestone in the evolution of the cryptocurrency derivatives market, emphasizing the strategic partnership between the two entities.

ELFi has been at the forefront of innovation in the decentralized finance (DeFi) space, offering a suite of advanced trading functionalities that cater to both retail and institutional investors. As a pioneer in supporting Portfolio Margin within the P2Pool model, ELFi has demonstrated its commitment to providing sophisticated risk management systems for listing contracts across various risk levels.

The strategic partnership between KuCoin Ventures and ELFi is expected to unlock new opportunities for both parties. Leveraging the industry insights of KuCoin Ventures, ELFi is set to achieve substantial growth. Conversely, ELFi’s innovative trading solutions will diversify services offered by KuCoin Ventures. Some of the key highlights of the partnership include: enhanced liquidity for ELFi, advancements in risk management for all participants and innovation in pool designs.

KuCoin Ventures is excited to partner with ELFi, a platform that shares our vision for a more open and accessible financial future. This investment is not just financial; it’s a strategic move to integrate ELFi’s innovative trading solutions into our ecosystem, providing our users with a superior trading experience.” Said Johnny Lyu, CEO of KuCoin Exchange.

KuCoin Ventures has been actively seeking out and investing in promising blockchain and cryptocurrency projects that align with its vision of a decentralized and inclusive financial ecosystem. The investment in ELFi is a testament to KuCoin’s commitment to supporting projects that bring transformative solutions to the market.

ABOUT KUCOIN VENTURES

KuCoin Ventures aims to invest in the most disruptive crypto and blockchain projects of the Web 3.0 era. As a community-friendly and research-driven investor, KuCoin Ventures works closely with portfolio projects throughout the entire life cycle, with a focus on DeFi, GameFi, and other Web3.0 infrastructures.

ABOUT ELFi Protocol

ELFi is a decentralized derivatives trading platform that focuses on delivering top-notch trading functionalities. It’s the pioneer in supporting Portfolio Margin within the P2Pool model, and boasts a sophisticated risk management system for listing contracts of various risk levels. Additionally, ELFi introduces innovative liquidity pool designs, offering industry-first zero-risk stablecoin liquidity pools and LSD re-collateralized liquidity pools. It strives to better meet market and user demands through features like risk isolation, asset pricing, and LST asset support.

Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/kucoin-ventures-announces-strategic-investments-in-elfi-protocol-to-enhance-derivatives-trading-experience-302149886.html

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Blockchain

Merging Traditions with Fintech and Blockchain Innovations

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Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations at MARE BALTICUM Gaming & TECH Summit

The financial industry is undergoing a seismic shift as fintech and blockchain technologies pave the way for unprecedented innovation and transformation. At the upcoming MARE BALTICUM Gaming & TECH Summit, a high-profile panel titled “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” will delve deep into this exciting evolution. This session will explore how established financial institutions are integrating these advanced technologies to revolutionize services, enhance security, and increase efficiency.

Moderator: Anna Agu

Leading the panel is Anna Agu, CEO and Managing Partner at Lex Law Office OU and Director at Lex Law Office LT UAB. With her extensive legal expertise in the fintech sector, Agu is perfectly positioned to guide the discussion, ensuring a thorough exploration of the delicate balance between maintaining traditional financial principles and embracing innovative technologies.

Panelists:

  • Merit Leib – Compliance Consultant at LEIB Regulatory & Compliance Risk Consulting
  • Astra Tikas – Founding Board Member of INO (Internet Native Organization)
  • Dr. Dean Rakic – Chief Scientist at Blockcontrol
  • Saulius Racevicius – Senior Associate of PSP Lab LLP and Board Member of the Fintech Hub LT
  • Evaldas Krampas – CEO at SpectroCoin and Head of Crypto Hub Lithuania

Why Attend?

The “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” panel at the MARE BALTICUM Gaming & TECH Summit is a must-attend for professionals across the financial sector. Here’s why:

  1. Gain Comprehensive Insights: Learn from top experts about the latest trends, challenges, and opportunities in fintech and blockchain.
  2. Regulatory Perspectives: Understand the importance of compliance and how to navigate regulatory challenges effectively.
  3. Technical Knowledge: Dive deep into the technical aspects of blockchain integration and learn about cutting-edge developments.
  4. Practical Implementation: Gain practical insights into how traditional financial institutions are successfully integrating new technologies.
  5. Networking Opportunities: Connect with industry leaders and peers who are driving innovation in finance.

Join Us

This panel provides a unique opportunity to stay ahead of the curve in the rapidly evolving financial landscape. Join us at the MARE BALTICUM Gaming & TECH Summit to explore how fintech and blockchain technologies are reshaping finance and what it means for the future. Engage with industry leaders, gain actionable insights, and network with peers at the forefront of financial innovation.

Secure your spot today and be part of this transformational journey. Don’t miss the chance to be involved in discussions that will shape the future of finance. See you at the MARE BALTICUM Gaming & TECH Summit!

The post Merging Traditions with Fintech and Blockchain Innovations appeared first on HIPTHER Alerts.

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