Blockchain Press Releases
WSPN and DigiFT Forge Strategic Partnership in Web3 Digital Payments and Investment
TORTOLA, British Virgin Islands, June 18, 2024 /PRNewswire/ — WSPN, a globally recognized digital payments leader, has announced a milestone collaboration with DigiFT, the first regulated exchange for on-chain real-world assets (“RWA”), approved as a Recognised Market Operator with a Capital Markets Services license by the Monetary Authority of Singapore. This strategic partnership underscores a mutual commitment to advancing stablecoin applications and pioneering Web3 payment and investment solutions globally.
Through this partnership, WSPN’s flagship USD-pegged stablecoin, the Worldwide USD (WUSD), will be integrated into DigiFT’s exchange. As the first regulated exchange for on-chain RWA, the integration of WUSD will enhance user convenience and efficiency for DigiFT while providing the WUSD ecosystem access to regulatory-compliant investment products at the same time.
“Partnering with DigiFT, a pioneer in the regulated on-chain real-world asset market, is an exciting development for us, “remarked Raymond Yuan, Founder of WSPN, “This collaboration marks a significant step forward in our mission to integrate stablecoin applications with innovative investment solutions. By leveraging DigiFT’s regulatory-compliant platform, we aim to enhance the efficiency and security of digital payments while broadening access to transparent and robust investment opportunities globally.”
WSPN recently announced a series of WUSD achievements, including the successful listing on 10 new exchanges, the integration with two new chains, Solana and BSC, and 2 well-known wallet partners, to enhance WUSD’s accessibility and liquidity.
Henry Zhang, CEO and Founder of DigiFT said, “Creating a platform that connects the illiquid and fragmented world of traditional finance has been core to our mission at DigiFT. We are thrilled to be partnering with WSPN, who shares a mutual commitment in forging a more interconnected and efficient financial ecosystem on-chain. This strategic partnership aims to herald a new era of innovation and adoption of RWA within the digital payments landscape.”
Most recently, DigiFT announced the launch of its depositary receipts (DR) token issuance model, enabling investors to purchase tokens representing a fractional beneficial interest in the underlying capital market security. As part of the collaboration, a portion of WSPN’s reserves will be allocated to DigiFT’s RWA tokens. This move allows WSPN to leverage DigiFT’s innovative DR model to enhance asset management, security, and transparency.
WSPN is a global digital payments company that provides digital payment solutions via Distributed Ledger Technology (DLT). The WUSD is a fiat-collateralized stablecoin designed to provide transparent, fast, and efficient digital payment solutions globally, leveraging advanced Distributed Ledger Technology.
Established in 2021, DigiFT is the first and only on-chain RWA exchange with an automatic market-making mechanism approved as a Recognised Market Operator with a Capital Markets Services license by the Monetary Authority of Singapore (MAS).
Disclaimer: This article is not an advertisement making an offer or calling attention to an offer or intended offer
About WSPN
WSPN is a global digital payments company that provides transparent, fast, and efficient digital payment solutions leveraging the latest technological advancements of Distributed Ledger Technology (“DLT”). We are dedicated to shaping seamless digital payment solutions for our global partners worldwide at the frontier of future digital payments and financial inclusion.
Worldwide USD (‘WUSD’), WSPN’s flagship USD stablecoin, is a fiat-collateralized stablecoin that is pegged to the U.S. Dollar at a 1:1 ratio. Dedicated to optimizing payment solutions for web3 users, WUSD empowers the real economy through secure, transparent, and licensed digital payments, spanning stablecoins, exchanges and cards, all geared for global expansion.
Learn more: www.wspn.io | Twitter | LinkedIn | Telegram
About DigiFT
DigiFT is the first regulated exchange for on-chain real-world assets, approved as a Recognised Market Operator with a Capital Markets Services license by the Monetary Authority of Singapore. DigiFT allows asset owners to issue blockchain-based security tokens and investors can trade with continuous liquidity via an Automated Market Maker (AMM).
Established in Singapore in 2021, DigiFT is fully committed to meeting regulatory requirements to operate in the capital markets space in Singapore, while providing innovative financial solutions that push the boundaries of financial services in a responsible manner.
DigiFT’s founding team comprises executives who have held positions within the finance and fintech worlds at Citi, Standard Chartered, Morgan Stanley, Shenzhen Stock Exchange and possess deep blockchain technology knowledge, having successfully developed digital asset exchange and products in the past.
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View original content:https://www.prnewswire.co.uk/news-releases/wspn-and-digift-forge-strategic-partnership-in-web3-digital-payments-and-investment-302174210.html
Join us in our 10th-anniversary celebrations – special campaigns every week!
bitFlyer Europe S.A. is launching 17 new crypto-assets over the next four weeks to celebrate 10 successful years of the bitFlyer Group. Each week we will launch a new crypto-assets campaign and each week you can win exciting prizes! Our first campaign started September 26, 2024 with the launch of Axie Infinity (AXS), Decentraland (MANA), Immutable (IMX), and The Sandbox (SAND)!
Here is our campaign calendar** for the next three weeks:
- Week 2 (October 3, 2024: ApeCoin (APE), Chilliz (CHZ), Ripple (XRP), Palette Token (PLT).
- Week 3 (October 10, 2024): Avalanche (AVAX), Mask Network (MASK), The Graph (GRT), Chainlink (LINK).
- Week 4 (October 17, 2024): Flare (FLR), Symbol (XYM), Nem (XEM), Dogecoin (DOGE), and Shiba Inu (SHIB).
* Visit our 10th-anniversary site for more details. (https://bitflyer.com/en-eu/s/lp/10th-anniversary). Terms and conditions apply.
** The listing schedule is subject to change.
“These new crypto-assets not only allow customers to benefit from a more diverse environment for their investments but also gives them the opportunity to participate in cutting-edge web3 projects,” said Ms Ami Nagata, CEO of bitFlyer Europe.
“With a firm foundation in Japan and a strong regional presence in Luxembourg, bitFlyer serves a large loyal customer base that reflects its global reach. bitFlyer is truly glocal,” added Mr Yuzo Kano, founder and CEO of the bitFlyer Group.
How to Create an Account: If you are not already using our market
If you are not already using our market leading services, you can create an account and start your crypto journey with bitFlyer today. Visit our website or download the bitFlyer App on iOS and Android.
The post Join us in our 10th-anniversary celebrations – special campaigns every week! appeared first on HIPTHER Alerts.
Blockchain Press Releases
Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds
DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key trends in futures, options, and perpetual contracts.
Following the 50 basis point rate cut on September 18, 2024, both spot and derivatives markets have exhibited positive sentiment. Bitcoin (BTC) and Ethereum (ETH) have seen price increases, while open interest in futures and perpetual swaps remains high. Funding rates have generally been positive, and BTC call open interest has gradually risen. Additionally, the volatility smile has expanded for both BTC and ETH calls, indicating increased investor optimism.
Key Findings from the Report:
- Futures Market: While futures trade volumes have declined, open interest remains resilient, suggesting traders are maintaining their positions.
- Perpetual Swaps: Perpetual swap open interest and trading volumes have remained relatively stable, indicating consistent trader activity.
- Options Market: BTC options activity has favored puts over calls, but open interest for calls is slowly recovering. Implied volatility for short-tenor options has fallen since the Fed’s rate cut, indicating growing bullish sentiment.
Bybit remains committed to providing its users with comprehensive market analysis and tools to help them make informed trading decisions.
For more information and to download the full report, please visit: https://learn.bybit.com/crypto-insights/bybit-x-block-scholescrypto-derivatives-analytics-report-sep-25-2024/
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/crypto-derivatives-market-rebounds-amid-positive-sentiment-bybit-x-block-scholes-report-finds-302261056.html
DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to invite users in Argentina to unlock early-bird access to the physical Bybit Card. As part of its ongoing efforts to reach more retail consumers and investors, Bybit reaffirms its commitment to becoming the go-to crypto destination in South America’s second-largest economy by GDP.
Building on the resounding success of its virtual card launch in July, the issuer is seeking to benefit more users with the introduction of the physical, Bybit-branded Mastercard debit card. Eligible applicants will be among the first to get hold of the card before it becomes available to the general public in Argentina.
During the pre-registration period, the physical card will be issued free of charge for a limited time only. The new offer echoes the success of the virtual card, with over 75% of Bybit’s Argentinian users rushing to apply within the first two months. Users who have yet to sign up may apply for the virtual Bybit Card for a chance to enjoy 30,000 ARS in cashbacks for the first 100 USDT deposit.
“While consumers are no longer tied to traditional brick-and-mortar banks, we recognize many users’ preference for a physical card for the additional peace of mind. We are doing our best to meet the popular demands of our Argentinian community by offering better, faster, and more secure everyday solutions to help them off-ramp crypto assets, one step at a time,” said Joan Han, Sales and Marketing Director of Bybit.
The Bybit Card is available in select markets and has quickly become a preferred solution for users looking to safely expend their digital assets, including BTC, ETH, USDT, TON, and other tokens. It provides reliable and instant access to crypto, eliminating the hassle of complex on- and off-ramp processes. With just a swipe, Bybit Card holders can make payments and purchases at over 90 million merchants worldwide through the Mastercard network. The Bybit Card also comes loaded with benefits, regular and special rewards, with no annual fees or hidden charges.
Apply now to get ahead of the curve. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/pre-registration-open-for-physical-bybit-card-in-argentina-302261004.html
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