Blockchain
Fuse Announces the Launch of its Native Token on Tier 1 Exchange Huobi
Fuse is building business and consumer-friendly blockchain for mainstream adoption of payments with its’ business-ready infrastructure. Fuse’s user-friendly mobile wallet technology powers successful real-world implementations including local delivery project – Peepl, charity tech platform – Comunitaria, and sharing economy app – Flambu. Fuse also supports leading UBI (Universal Basic Income) project – GoodDollar, a top 4 dApp globally with over 40,000 daily active users according to DappRadar.
The blockchain’s native $FUSE token is set to list on leading cryptocurrency exchange, Huobi, on Monday 30th March at 18:00 (GMT+8).
The Huobi listing comes as Fuse Network approaches 50 million total transactions and 1 million wallets generated. According to Staking Rewards, 46% of circulating Fuse Token supply is currently locked in dPOS (delegated Proof of Stake) staking.
Commenting on the launch, Fuse Network CEO Mark Smargon said: “The Huobi listing represents an exciting opportunity for enthusiasts to get exposed to Fuse’s native token on a highly liquid platform that processes billions of dollars in daily volume. Our ecosystem has reached an inflection over the past 9 months with multiple top names like Sushi, Beefy Finance, Pocket Network, DIA Protocol, TofuNFT and many more integrating on Fuse.”
Backed by Leading Blockchain VCs.
The Fuse ecosystem is fortunate to be supported by major partners and investors including Blockchain Founders Fund, Spark Capital, TRGC, Collider Ventures and GBV Capital.
Aly Madhavji, Managing Partner at Blockchain Founders Fund, showed his support to Fuse Network by saying, “The team is on a mission to take decentralized payments and finance mainstream, and is executing every day. We’re glad to be a part of its growing ecosystem and community.”
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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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