News and views from and about the Business Ethereum ecosystem
The Block – July 19, 2023
Starknet unveils ‘appchains’ framework, eyeing multi-chain ecosystem
This step is consistent with the broader evolution of the Layer 2 ecosystem, where projects such as Optimism, Polygon, zkSync, and Arbitrum have already set the stage for similar modular networks.
CoinDesk – July 19, 2023
Societe Generale Becomes First Company to Win French Crypto License
The crypto division of France’s third-largest bank by market cap, SG Forge, is licensed by the Autorité des Marchés Financiers (AMF) to provide buying and selling, exchange and custody of digital assets.
CoinDesk – July 18, 2023
Tokenize Everything: Institutions Bet That Crypto’s Future Lies in the Real World
Tokenization of real-world assets (RWAs) is gaining traction.
The Block – July 17, 2023
Ethereum Layer 2 Mantle Network unveils mainnet alpha at EthCC
Mantle Network revealed its mainnet alpha and a $200 million ecosystem fund, underscoring its modular, rollup-designed blockchain that promises increased transaction speeds, reduced fees, and Ethereum’s security.
Ledger Insights – July 14, 2023
BNY Mellon, HSBC, Siemens share lessons learned from digital securities issuances
Banks highlight interoperability challenges in digital securities.
The Block – July 13, 2023
Safe wallet adds ‘ERC-4337’ to boost account abstraction features | The Block
Safe (formerly Gnosis Safe), one of the largest institutional wallet providers, has integrated “ERC-4337,” an Ethereum feature that allows for account abstraction.
CoinDesk – July 12, 2023
Google Play Allows Apps, Games to Offer NFTs and Blockchain-Based Content
The company is opening up the ability for developers to let users buy, sell or earn digital assets in apps as long as they maintain transparency and adhere to other rules.
Ledger Insights – June 26, 2023
StanChart, HSBC, Citi, UBS in Singapore tokenization trials on public blockchain
Today the Monetary Authority of Singapore (MAS) unveiled its latest public blockchain tokenization trials.
CoinDesk – June 14, 2023
Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift
Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.
Cointelegraph – June 12, 2023
Bank of China issues $28M in digital structured notes on Ethereum blockchain
On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain.
Decrypt – June 9, 2023
‘Ethereum Fails’ Without These 3 Changes, Says Vitalik Buterin
If Ethereum is to expand how it’s used, it will need to undergo three major transitions or risk undermining its own future, said Ethereum co-founder Vitalik Buterin.
Ledger Insights – June 8, 2023
Nayms goes live as a regulated insurance platform on Ethereum blockchain
Blockchain startup Nayms is planning to mimic a Lloyds syndicate on the public Ethereum blockchain.
Optimisus – June 7, 2023
Defactor Lending Protocol Raises $100M in Bond Tokenization for Small Businesses
Decentralized finance (DeFi) lending platform Defactor Labs announced on June 6 that it has achieved a significant milestone by tokenizing $100 million worth of Alpha Bonds. These bonds, which have been tokenized using the ERC-3643 token standard, will be utilized to provide loans to small- and medium-sized enterprises (SMEs), backed by real-world assets like receivables.
Swift – June 6, 2023
Swift explores blockchain interoperability to remove friction from tokenised asset settlement
We’re collaborating with the Swift community globally to test how institutions can use their Swift connection to seamlessly interoperate with the multitude of blockchain networks emerging around the world.
Ledger Insights – June 2, 2023
MUFG plans bank-backed stablecoin issuance on public blockchains
Today Japan’s largest bank MUFG announced that its Progmat Coin solution would be used to issue native bank-backed stablecoins on multiple public blockchains, including Ethereum, Avalanche, Cosmos and Polygon.
Decrypt – June 1, 2023
Circle’s USDC Stablecoin Headed for Ethereum Scaling Network Arbitrum
Crypto payments company Circle will launch their US Dollar backed stablecoin (USDC) natively on the Arbitrum network.
Ledger Insights – May 31, 2023
State Street Global eyes tokenizing ETFs
At a recent ETF conference, State Street Global Advisors (SSGA) expressed an interest in tokenizing exchange traded funds (ETFs). That carries weight because State Street manages the single largest ETF, the SPDR S&P 500 ETF Trust, with a market capitalization of almost $400 billion.
The Defiant – May 31, 2023
Polygon To Onboard Deutsche Telekom As Validator
Polygon, a top Ethereum scaling team, announced that Deutsche Telekom, Europe’s largest telecommunications provider by revenue, will join its PoS Chain as a validator.
Forge – April 20, 2023
Societe Generale–Forge Launches “Coinvertible”: The First Institutional Stablecoin Deployed On A Public Blockchain
Societe Generale–FORGE (SG-FORGE), a fully integrated and regulated subsidiary of Societe Generale group dedicated to digital assets, launches the EUR CoinVertible, a digital asset that purports to maintain a stable value (stablecoin).
Ledger Insights – April 19, 2023
Will MiCA stifle stablecoins?
With the EU’s Markets in Crypto Assets Regulations (MiCAR) receiving a final vote tomorrow, some have wondered about the impact on stablecoins.