Exabits, a compute-base layer platform transforming high-end GPU (graphic processing units) clusters into accessible investment assets, closes $15 million in a seed funding round. The funding round was led by Hack VC, along with several other investors, following a previous round led by Portal Ventures. Developed by a team of experts with extensive knowledge in the compute […]
21X has become the first ever entity to receive a license to operate a blockchain-based trading and settlement system that is fully regulated in accordance with European Union (EU) law. Granted by BaFin, Germany’s financial supervisory authority, this license marks a milestone moment for tokenized capital markets globally. 21X, now regulated as a financial institution […]
The Commodity Futures Trading Commission’s Global Markets Advisory Committee, sponsored by Commissioner Caroline D. Pham, has advanced a recommendation to expand the use of non-cash collateral through the use of distributed ledger technology. The GMAC’s Digital Asset Markets Subcommittee also presented on the progress of its Utility Tokens workstream. “All over the world, there have […]
