Blockchain
Prolific Venture Builder Brian Cu Joins RedFOX Labs To Launch RFOX Media
Vietnam based RedFOX Labs Joint Stock Company (‘RedFOX‘) has built on its latest acquisitions of MYMEDIA DIGITAL and a 2nd generation streaming and content platform by preparing to launch its much anticipated RFOX Media venture and lending assistance from leading platform builder, Brian Cu, former Co-founder of Go-Jek, Zalora and GRAB Philippines, Southeast Asia’s leading ride-hailing company.
RFOX Media will be a direct avenue for thousands of influencers to market to the Southeast Asian population across digital platforms that will also encompass video streaming.
The recent acquisition of MYMEDIA Digital will be the first plug-in of RFOX Media – it is a digital marketing platform that connects consumers directly to brands and influencers across food, fashion, sport, and entertainment and its advertisers include global brands such as Samsung, Huawei, Nestle, Lenovo, Grab, Realme, VIVO, and GrandRoyal who market directly to the 35 million users currently engaging in the platform per month.
Brian Cu, one of Southeast Asia’s most prolific platform builders, will assist RedFOX Labs in rolling out the launch of RFOX Media and securing influencers from across the Southeast Asian market to join RFOX Media.
Cu helped build some of the biggest startups in the last decade. While working as consultant of the Boston Consulting Group, he co-founded Indonesia’s most popular ride-hailing app Go-Jek. In 2012, he helped build the online fashion store Zalora Philippines. And In 2013, he co-founded Grab Philippines and served as president until August 2020. More recently Brian has founded and launched start-up Byahe to tackle and disrupt the Philippines transport industry.
Recently Cu also joined the Board of national airline Cebu Pacific in the Philippines as Non-executive director.
Ben Fairbank, CEO, and Co-founder of RedFOX Labs, commented:
“Launching RFOX Media will be a formative piece in our vision. The ability to scale the ventures we are purchasing and plug them into an integrated system, rolling out across Southeast Asia, is what we have been working on relentlessly for two years.“
“We couldn’t be more delighted to have Brian assist RedFOX Labs to launch and scale RFOX Media. Having worked with Brian previously, we know he understands the RedFOX Labs vision. His expertise in building the biggest platform companies across Southeast Asia and also recruiting mass audiences will ensure the rapid growth we expect for RFOX Media.“
“We will aim to roll out first in the Philippines and then focus on other key markets such as Indonesia and Vietnam, while still remaining focused on Myanmar where MYMEDIA began and still continues its journey. We have some very exciting and engaging initiatives for RFOX Media and couldn’t be happier with how it is progressing so far.“
“The Southeast Asian market has 360 million internet users, with almost a third – 104 million – aged between 25 to 34. They are young, highly platform-literate, and have a thirst for technology and digital inclusion.“
“This is who RFOX Media is built for. You can follow RedFOX Labs for further information and details on RFOX Media.”
Brian Cu commented:
“Having watched the RedFOX Labs team working from afar, it is great to see the vision coming together after considerable effort.“
“Digital inclusion is an important topic in Southeast Asia and the media platform RFOX Media are launching, will help people to create, share and monetise their talents.“
“I am happy to help the team realise their goals through the experience I have gained in launching some of the regions biggest companies.”
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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