Blockchain
Sir Anthony Ritossa’s Highly Acclaimed 10th Global Family Office Investment Summit Concludes in Dubai
Sir Anthony Ritossa’s 10th Global Family Office Investment Summit concluded in Dubai with 600+ attendees representing $4.5 trillion+ in wealth providing a standing ovation. In addition to Family Offices, the elite guests included Prominent Business Titans, Sheikhs, Royal Families, Private Company Executives, Sovereign Wealth Funds, and others who traveled from 40+ countries and all seven continents to attend the exclusive event.
Noteworthy delegates who convened at the Four Seasons Resort Jumeirah Beach under the High Patronage of His Highness Sheikh Ahmed Al Maktoum included a record number of UAE Ruling Families and Sheikhs such as H.H. Sheikh Sultan Bin Abdullah Sultan Al Qasimi. Associate Director of Strategic Partnerships Faris Al Tahtamooni at The Office of Sheikh Sultan Bin Abdullah Al Qasimi, UAE presented the welcoming address to discuss the impressive progress of LEAD Ventures, which is actively enabling businesses and partners to join the UAE’s competitive market and prosper with its rich industry experience and high calibre network. Sir Anthony Ritossa recently joined their Board as a Senior Advisor.
An important highlight was the Summit Award honouring Mohamed Al Ali for his on-going role as a Global Dignitary and his service as Distinguished Grand Ambassador for the Dubai Summit — in addition to his position as CEO & Advisor to Sheikh Ahmed Al Maktoum International Investments Enterprise, UAE.
“The 10th Global Family Office Summit event in Dubai proved to once again be a crowning achievement for Sir Anthony Ritossa and his ‘family of family offices’. It is always a pleasure to welcome my colleagues and friends from around the world to Dubai and an honour to serve as the event’s Distinguished Ambassador,” said Mohamed Al Ali, CEO & Advisor, Sheikh Ahmed Al Maktoum International Investments Enterprise, UAE.
“This Dubai Summit was especially important to me as I recently relocated my family to Dubai,” said Sir Anthony Ritossa, Chairman of Ritossa Family Office, a family business dating back 600 years to the Venetian Empire in Europe and with deep roots in the Middle East. “I am especially humbled that it was our most well-attended Summit to date and that so many family offices continue to return year after year so as to become like family to one another. In addition to doing business together we are truly united as a community of like-minded family offices committed to fostering peace and global cooperation.”
Key areas of discussion revolved around thought leadership topics such as how to preserve the family legacy, key investment themes for 2020 and beyond, developing a culture of excellence, strategic philanthropy and more.
Inside a Culture of Excellence – Anton Oliver, former captain of the New Zealand All Blacks Rugby Team, shared how his experience with the world’s most high-performance team provides lessons for family businesses who seek a winning culture and strive to stretch boundaries. Key themes include: Motivation and working hard both as an individual and as a team; creating and preserving an Identity; and the importance of focusing on high standards driven by innovation as a prelude to Top Performance. It is essential to be willing to learn and work both as individuals as families.
Elite Investor Insights for 2020 & Beyond – Collaboration is key for global investors as they consider current megatrends, geopolitical risks, economic challenges, and the big picture of the global landscape. Specific examples include timely trends and events such as US-China trade tensions, technological advances, and an ever-growing commitment to sustainability that all translate into new investment opportunities.
Philanthropy, Impact & Socially Responsible Investing – Family offices are deeply committed to supporting causes where they can make a difference and improve society. The Fred Hollows Foundation, based in Australia and founded in 1992 by renowned eye surgeon Fred Hollows, is one example of a philanthropic organization that is leading the way by treating and preventing blindness and other vision problems worldwide.
The Human Factor Behind Great Wealth – Because great wealth is created by human beings and destroyed by human beings, human behavioural risk represents a threat to family enterprises. Therefore, governance is an important tool for effective negotiations. Vera Boissier, Founding Partner of Circle 7 Capital Family Office, led a riveting discussion of family dynamics with H.R.H. Prince Michel de Yougoslavie, Grandson of King Umberto of Italy and Prince Paul of Yugoslavia, Monaco; H.S.H. Prince Hermann zu Leiningen, Grandson of King Boris III Bulgaria and Granduchess Maria of Russia, Canada; H.S.H. Prince Carl Eduard von Bismarck, former member of the German Parliament, CEO of Bismarck Consulting, Great Grandson of German unifier Otto von Bismarck, Germany; and Markus Lehner, Principal, Markus Lehner Family Office, Monaco
The Eternal Flame Inside Families & the DNA of Success – Leading family offices shared the inside stories of how their businesses started, grew and evolved into major power house. Justin Rockefeller, Co-founder of The ImPact and Director of Family Offices & Foundations at Addepar, Rockefeller Brothers Fund shared his family’s strategies for keeping the family united, which include educational events, strong communications, family meetings, and more.
Spotlight on the UAE – A deep dive into the UAE and GCC’s current investment landscape revealed why the region is uniquely positioned as a global, forward-thinking powerhouse. As a launching pad to new markets with good relationships with everyone around the globe, the UAE is an ideal location for international businesses seeking to thrive and prosper.
Co-Investing Amongst Global Families – Some of the world’s savviest families have made tremendous multi-generational wealth from cherry picking the best off-market co-investment deals. Private capital is flowing into areas such as real estate, blockchain innovation, artificial intelligence, technology and education, for example.
Please save the date for upcoming Global Family Office Summits:
Kingdom of Saudi Arabia11th Global Family Office Investment Summit – 23-25 March 2020
Principality of Monaco12th Global Family Office Investment Summit – 24-26 June 2020
Dubai13th Global Family Office Investment Summit – 10-12 October 2020
SOURCE Ritossa Family Office
Blockchain
From Onboarding to Settlement in Minutes: TransFi Launches BizPay to Redefine Global Business Payments
TransFi
The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:
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Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.
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NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.
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OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.
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Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.
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FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.
These stories underscore three key trends reshaping the ecosystem:
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Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.
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Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.
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Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.
Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.
1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments
What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph
Analysis & Commentary
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Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.
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Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.
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Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.
Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.
2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda
What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:
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A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.
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Partnerships with CUNY and Columbia University for blockchain research and talent development.
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Deployment of a blockchain-based public record system for land titles and business registrations.
Source: GovTech
Analysis & Commentary
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Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.
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Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.
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Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.
Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.
3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token
What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:
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Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.
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Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.
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Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
Source: PR Newswire
Analysis & Commentary
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Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.
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Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.
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Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.
Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.
4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown
What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire
Analysis & Commentary
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Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.
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User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.
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Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.
Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.
5. FIFA Taps Avalanche to Power Its NFT Platform
What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)
Analysis & Commentary
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Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.
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Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.
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Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.
Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.
Conclusion
Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:
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Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.
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Community-driven tokens are redefining governance and monetization in sports and niche domains.
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Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.
Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.
As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.
The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.
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