The non-fungible token (NFT) space has undergone a shocking metamorphosis. Today, its scope has expanded far beyond digital artwork to include tangible, real-world assets. This evolution has recently resulted in a phenomenal explosion of the real-world asset (RWA) market on-chain. It’s seen a jaw-dropping 28,000% growth since February 2023! So...
Just think back to the time when people couldn’t stop looking at their screens, trading blocky JPEGs for ridiculous amounts of money. It was the beginning of the digital gold rush, and then… crickets. The whispers started: "NFTs are dead!" Of course, you read the news reports, you saw the...
As FTX, Celsius, BlockFi and others have shown, the crypto landscape is changing dramatically, no longer revolving solely around Bitcoin’s price. Banks, those once unassailable behemoths of legacy finance, are making bigger forays into the digital asset space. You’d be forgiven for assuming that pursuing profits in a strengthening market...
Traditional banking. Stodgy? Slow? Outdated? Maybe. On its deathbed? Absolutely not. The unlikely medicine might just be…stablecoins. Specifically, ING's rumored stablecoin project, born from the EU's MiCA regulations. Hear me out, because I know what you're thinking: Crypto? Saving banks? It sounds insane. Here’s why this might be industry-changing —...
Major banks in the European Union (EU) are delving into the stablecoin market. This increase in exploration is driven by the recent passing of the Markets in Crypto-Assets (MiCA) regulation, revolutionizing Europe’s financial environment. Societe Generale recently issued its own euro-backed stablecoin, the EUR CoinVertible. At the same time, Dutch...
Let's be frank. To some, crypto might seem like an intimidating and confusing high-stakes poker game. It’s very exciting, but it’s terrifying if you don’t know the rules to that game. And at the moment, the Markets in Crypto-Assets (MiCA) regulation is dealing the cards in Europe. ING’s potential new...
LCX, the Liechtenstein-based crypto exchange, has recently gained attention for its new tokenization framework for precious metals. As part of the token launch, LCX has launched the LCXG, LCXS, and LCXP tokens. Their mission is to connect the world of real-world assets to the digital universe. For one, this decision...
LCX has launched a complete tokenization framework, including LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP). These tokens offer access to tokenized ownership certificates for physical precious metals backed by TokenFi as well as unique Non-Fungible Tokens (NFTs). The new framework really serves to connect the dots between...
Let’s face it, for many finance seems like a walled garden. Inaccessibility, evasive jargon and high minimums make it hard for anyone to invest. Consequently, the average investor—the normal everyday American—consistently loses out on golden investment opportunities. Precious metals, long considered a safe haven and store of value, were no...
The financial world is buzzing about ING's latest move: diving headfirst into the stablecoin arena. This is not your average crypto test bed. It’s a decisive action that could change the course of banking in Europe and make waves across the Atlantic. ING's initiative highlights the growing interest among traditional...