Cardano, one of the leading blockchain platforms, has announced the launch of its first gold-backed token, Kinka Gold ($XNK), with strategic support from EMURGO, a founding entity of the Cardano ecosystem. This collaboration marks a significant milestone, integrating real-world assets into the Cardano blockchain. Kinka Gold, a subsidiary of the publicly-listed Japanese neofinance services company […]
The INX Digital Company, Inc., a leader in the digital securities and cryptocurrency trading space, has announced the sale of its indirect subsidiary, I.L.S. Brokers Ltd. (ILSB), to a UK-based global financial services firm. The transaction, valued between $4 million and $5 million, is expected to close on or around November 30, 2024. ILSB, acquired […]
State Street, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the regulatory environment in the […]
