BNB Chain Partners With CMB International to Tokenize $3.8B Money Market Fund
BNB Chain has announced a partnership with CMB International Asset Management Limited (CMBIAM), a subsidiary of China Merchants Bank, to bring the CMB International USD Money Market Fund onchain. The fund, which manages more than $3.8 billion in assets, will be represented by CMBMINT and CMBIMINT tokens, supported by DigiFT and OnChain. Related Reading: Short-Term […]
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Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain endeavors. Griffin Gaming Partners has now amassed more than $1 billion AUM.
Griffin Gaming Partners Raises Sizable Gaming-Related Fund
Griffin Gaming Partners has announced the launch of its second gaming-related fund, which will focus on investing in seed and growth rounds of companies....
Adam Ludwin, chief executive officer at Chain, a San Francisco, Calif.-based startup that partners with businesses like Visa and Nasdaq to provide blockchain networks, explained how blockchains work and urged bankers to embrace the technology during a keynote address at the International Conference on Policy Challenges for the Financial Sector, held at the Federal Reserve in Washington, D.C., according to Bloomberg. The event was attended by central bankers from 90 countries, including officials from the World Bank, the Bank for International Settlements, the International Monetary Fund,....
LABS Group and Refinable have decided to join hands and make real estate trading more accessible and convenient for individuals. With this newly established partnership, users will be able to tokenize and fractionalize real estate assets on Refinable’s fast, cost-effective and user-friendly NFT platform. Refinable is the first major NFT marketplace on Binance Smart Chain […]
The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering matters, including critical issues that the IMF raised in earlier reports.
International Monetary Fund in Talks With El Salvador
While the International Monetary Fund disagreed with the move that El Salvador made last year by declaring bitcoin as legal tender, it is still having regular talks....
They said the purpose of DiBaT is to convert all dollars in the USAF supply chain budget into tokens and monitor fund movement across billing centers, purchasing centers and suppliers. For many years, the United States Military has been experimenting with blockchain in a number of settings to enhance its operations. Now, the U.S. Air Force (USAF) is adopting blockchain into its budgeting and accounting processes.According to a Thursday press release, the USAF has enlisted SIMBA Chain, a blockchain-as-a-service platform, to develop a blockchain-based system for tracking and monitoring the....