Breaking News: TOKENIZATION – Market Insights, Analysis & Latest Updates

Solana-based tokenization platform AgriDex raises $4 million in strategic funding

AgriDex, a Solana-based platform for agricultural commodity tokenization, raised $4M in funding. It aims to tokenize $4.5B in trade commitments and expand to new commodities.

theblock.co • 12/12/2024 - 18:03 PM

Former Grayscale Investments CEO Michael Sonnenshein joins Securitize as COO

Michael Sonnenshein is appointed COO of Securitize, aiming to improve capital markets and investor engagement with tokenized real-world assets after leaving Grayscale Investments.

theblock.co • 12/12/2024 - 16:13 PM

Step Finance aims to bring tokenized stocks, like Nvidia and Tesla, to Solana with latest acquisition

Step Finance acquires Moose Capital to tokenize stocks on Solana, aiming to penetrate the $14 billion RWA market and diversify trading options for users.

theblock.co • 12/12/2024 - 14:00 PM

Magic Eden launches ecosystem token ME

Magic Eden launched its ME token for users to stake and participate in challenges. Claiming ends on February 1, with high market interest evident from its $6 million valuation.

theblock.co • 10/12/2024 - 14:14 PM

Crypto-AI startup GAIB raises $5 million in pre-seed funding

GAIB, a crypto-AI startup, raised $5 million to tokenize GPUs, opening AI computing access and launching soon across multiple blockchains, aiming to democratize the GPU economy.

theblock.co • 03/12/2024 - 17:00 PM

The Daily: Human outwits Freysa AI agent to win $47,000, Hyperliquid token exceeds $5 billion FDV following airdrop and more

A human crypto user, known as “p0pular.eth,” outsmarted AI agent Freysa to win a $47,000 prize in ether by tricking it into misinterpreting its “approveTransfer” function. Hyperliquid airdropped 310 million HYPE tokens on Friday, which subsequently jumped 47% following the token generation event to $5.72, according to CoinGecko. Taiwan’s Financial Supervisory Commission is set to implement stricter anti-money laundering rules for crypto service providers on Nov. 30 — a month earlier than initially planned. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 29/11/2024 - 19:11 PM

Solana-based memecoin platform Pump.fun disables live streaming feature indefinitely

Individuals deployed live streams for increasingly “heinous” purposes to boost their token’s valuation, including reports of child abuse, bestiality and threatening suicide.

theblock.co • 25/11/2024 - 20:29 PM

The Daily: Trump nominates pro-bitcoin Lutnick for Commerce Secretary, Metaplanet shares jump 15% after latest BTC acquisition and more

President-elect Donald Trump has nominated the crypto-friendly Howard Lutnick to lead the U.S. Department of Commerce. Shares in the Japanese investment firm Metaplanet gained more than 15% on Tuesday after the company announced its latest bitcoin acquisition. Tokenization firm Securitize has introduced the “sToken,” a new way to gain liquidity from real-world assets while still earning a yield, using the ERC-4626 token standard. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 19/11/2024 - 20:31 PM

Competing AI agent tokens within ai16z community cause debate as prices whipsaw

Memefund ai16z planned to launch an AI token inspired by the ELIZA chatbot with a partner, but the project was frontran with “ai16zeliza” created by another entity. After ai16z partner “Shaw” posted that Eliza had been “set free,” launching a competing ELIZA token, whipsawing price action ensued, sparking a community debate.

theblock.co • 19/11/2024 - 16:31 PM

The Funding: A dozen crypto VCs share what’s next after Trump’s win and bitcoin’s surge

Bitcoin's rise over $93,000 after Trump's election reignites investment enthusiasm in crypto, particularly in sectors like AI and DeFi, amid anticipated regulatory clarity.

theblock.co • 17/11/2024 - 21:36 PM

Currency