SC Ventures, the innovation, fintech investment and ventures arm of Standard Chartered, and SBI Holdings, a Japanese financial conglomerate, are partnering to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties intend to capitalize the vehicle with $100 million. The joint venture will focus on investing in companies […]
Mantle, a leading DAO-led web3 ecosystem centered around Ethereum layer 2 (L2) Mantle Network, and Ondo Finance, a pioneer in institutional-grade blockchain-enabled investment products, have unveiled the USD Yield ($USDY) token within the Mantle Ecosystem. This milestone follows the introduction of the Ethereum L1 to Mantle Network L2 bridge for $USDY, marking a significant stride […]
A recent report by Roland Berger explores the tokenization of real-world assets (RWAs), which is the process of converting ownership of physical assets into digital tokens that can be traded on a blockchain. The report argues that tokenization has the potential to revolutionize the way that assets are owned, traded, and managed. Some of the […]
