Blockchain
Matrixport Launches NFT Custody Services in Strategic Partnership with BlockCreateArt Network
Matrixport, Asia’s fastest growing digital assets financial services platform and MetaOpus, an Non Fungible Token (NFT) asset issuance and trading platform powered by BlockCreateArt (BCA) Network, has announced a partnership to offer NFT investors best in class custody solutions.
With this partnership, Matrixport will provide institutional-grade storage and protection measures for high-net-worth, institutional and retail investors. The NFT-tailored services include secure custody, top-auction house consignment and online/offline exhibition curation. Matrixport will also provide institutional custody solutions for assets of Vulcan DAO (Decentralised Autonomous Organisation), Asia’s first DAO based art fund, including CyptoPunks, Meebits, Great Mercy Universe amongst other NFT assets.
John Ge, Co-Founder and Chief Executive Officer at Matrixport said: “We are witnessing strong demand from crypto investors for new pathways to invest and manage their wealth. The partnership with MetaOpus reflects our commitment to meet such evolving demands in a secure and trusted manner.”
MetaOpus is a NFT marketplace curated with the best creators around the world to empower the future of art and collectibles for the metaverse. It provides a range of supporting services such as secure hosting, top auction house delivery, online and offline curation for high-net-worth NFT holders and institutions. From 16th August to 1st September, there are 18 artists signed on MetaOpus, including IreneCerezo, Tang guozhi, Zachary Chen, luyao, Mong, dengqipeng, Zhongyao Wang, LEFT, CryptoAi, Aedel Fakhrie, Digitalgal, Acid Beach Cats and Nanel.
“With NFT sales volume reaching US$2.5 Billion in the first half of this year, the market represents unparalleled opportunities for yield generation. We want to enable our customers to unlock even greater value from their crypto through new, innovative avenues, added Ge.
As the fastest growing crypto platform in Asia, Matrixports exponential growth has been driven by robust technology capabilities, best-in-class security standards, and innovative product offerings, such as its first-mover products ETH 2.0 Staking and BTC-U Range Sniper. Based in Singapore, Matrixport has over US$10 Billion in assets under management and custody, with US$5 Billion in monthly transaction volume.
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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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