Blockchain
Okcoin, Polygon, and The Most Famous Artist Launch First-ever NFT Drop Alongside Token Listing
Okcoin, one of the world’s largest and fastest-growing cryptocurrency platforms, and Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced the listing of Polygon’s native MATIC token on Okcoin — available for trading at 10pm ET on September 1. The listing is accompanied by an exclusive Polygon-minted NFT release from 10 members of The Most Famous Artist (TMFA) Community—including the group’s renowned founder Matty Mo aka The Most Famous Artist—that is now available for purchase on OpenSea.
With a current market capitalization of more than $8 billion, MATIC is now available to buy, sell and trade on Okcoin.com and the Okcoin mobile app for iOS and Android. In recognition of the MATIC token listing, TMFA has launched a collection of 10 NFTs, each being a different artist’s interpretation of the Polygon logo. MATIC is the native cryptocurrency of Polygon, a software solution for building scalable and interoperable blockchains. The Polygon-minted NFTs from TMFA are available for purchase in ETH on OpenSea, the largest digital marketplace for NFTs.
“Okcoin is committed to providing the best selection of cryptocurrencies, and Polygon’s MATIC token is on par with the high standards we use to evaluate assets’ utility, underlying technology and governance framework, among other factors,” said Alex Chizhik, Head of Listings at Okcoin. “Polygon plays an important role in the continued adoption of technology — we’ve seen the network’s capabilities in making DeFi transactions quick and affordable since integrating it into Okcoin’s platform. We’re glad to deepen our relationship with Polygon and give more crypto investors access to MATIC.”
“We’re excited for MATIC to be accessible to a wider range of investors through its listing on Okcoin,” said Sandeep Nailwal, Cofounder of Polygon. “The listing’s synergy with TMFA’s respective NFT drop is the first of its kind, demonstrating both Polygon’s value as a platform for building upon and MATIC’s utility as the network’s native currency. This collaboration brings Polygon to life and offers an opportunity for new customers into the network.”
In addition to TMFA founder Matty Mo, the collection’s artists include Vasco Velazquez, Bernie McCabe, Anna Slaughter, Sandy Wu, Morgan Flatt, Mars Eve, Natasha Extract, Narineh Seferian and Gino Burman-Loffredo. All proceeds from the NFTs purchased on OpenSea will go directly to TMFA and the participating artists.
Okcoin customers will also be able to unlock $30 in MATIC rewards after signing up for a special promotion on okcoin.com/polygon and using the “Buy crypto” feature to purchase at least $60 of MATIC on Okcoin. Available for a limited time — terms and conditions apply.
MATIC will be available to users outside the European Union, United Kingdom, Singapore, and Brunei. To learn more about Okcoin, visit Okcoin.com or follow Okcoin on Twitter and LinkedIn. To learn more about Polygon, visit Polygon.technology.
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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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