The Monetary Authority of Singapore (MAS) announced today the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation. Project Guardian was launched by Mr Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, at the Asia Tech […]
Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralised USDC note via eNotesTM, a smart contract-based global debt instrument, provided by blockchain start-up FQX AG on their Solana environment. The transaction was executed using a Fireblocks custody wallet. The principal was provided by a Swiss […]
By Jonas Kasper Jensen This article introduces how NFTs can be used to record the provenance of an artwork. An introduction to provenance Generally, provenance is used in finance and in the art world. Here we explain provenance by the example of art. If you want to buy a Picasso painting, you want to be assured […]