#tokens

Dec 6, 2019
2 min

Russian Smelting Giant Nornickel Is Testing A Trading Platform For Digital Metal Tokens

Nornickel, the Russian mining, and smelting giant has started off testing a trading platform for digital metal tokens. On Dec. 5, Bloomberg reported that Nornickel began trialing its platform for digital metal tokens in collaboration with: Trafigura Group Ltd.– Physical commodities trading group Traxys SA– Metals finance and logistics firm Umicore SA– Materials technology and recycling group The platform is designed to enable clients to purchase digital tokens backed by metal

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At least 25,000 Of Chinese Blockchain Firms Tried To Issue Their Own Cryptos

Crypto News Point

Nov 26, 2019
2 min

At least 25,000 Of Chinese Blockchain Firms Tried To Issue Their Own Cryptos

At least 25,000 Chinese blockchain companies tried to issue their own cryptocurrencies according to a senior official of China. On Nov. 21 a publication titled Bluebook of Blockchain was jointly published by five financial and technology authorities led by the central bank. The publication pinpoints the illegal and fraudulent schemes in the blockchain industry. 4,000 Of Them Are Fully Focused On Blockchain Applications The report highlights that around 89 percent of the block

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Formula 1 Blockchain Game To Auction Digital Racing Cars Tokens

Crypto News Point

Nov 26, 2019
2 min

Formula 1 Blockchain Game To Auction Digital Racing Cars Tokens

Blockchain game, F1 Delta Time licensed by the prominent racing series Formula 1 is auctioning its F1 car-branded non-fungible tokens (NFTs) this week. On Nov. 22, an announcement was made by the F1 Delta Time stating that the auction will be held on Nov. 28, with fans already being able to participate in live contests to compete for various related prizes. The @F1DeltaTime Pole Position contest has kicked off! Register here https://t.co/mEvIgp9kkI and submit your predictions

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OKEx Collaborates With Four Major Partners For Its Utility Token OKB

Crypto News Point

Nov 25, 2019
1 min

OKEx Collaborates With Four Major Partners For Its Utility Token OKB

OKEx crypto exchange has collaborated with four major partners, including hardware crypto wallet Ledger, for its utility token OKB. On Nov. 22, OKEx shared a press release that it has secured partnerships with: Hardware Crypto Wallet, Ledger Vietnam-based over-the-counter exchange, Aliniex Fiat-to-crypto exchange, Bvnex Virtual blockchain-powered retailer, Cryptomall. Mainstreaming Crypto Trading Aliniex, enables users to purchase and sell digital currency with Vietnamese Don

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Alibaba To Use Blockchain To Distribute Movie Rights

Crypto News Point

Nov 23, 2019
1 min

Alibaba To Use Blockchain To Distribute Movie Rights

Alibaba Pictures, the filmmaking arm of Alibaba Group reportedly plans to tokenize distribution rights for its new film “Striding into the Wind,”. On Nov. 22, China.org.cn reported that the company signed an agreement with New York-based decentralized entertainment platform Breaker to distribute the film overseas using its blockchain platform. The senior vice president of Alibaba Pictures and CEO of Alibaba’s ticketing app Taopiaopiao reportedly announced the news during the

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Crypto News Point

Nov 8, 2019
1 min

MUFG Partner On Security Token Research

Mitsubishi UFJ Financial Group is leading a 22 member research consortium to develop standards around security token management. MUFG is one of Japan’s largest financial group and the fifth-largest bank in the world by assets. The Security Token Research Consortium group includes brokers, dealers, security issuers, with technology companies such as NTT Docomo Inc. and KDDI Corp, the two largest telecommunications companies in Japan. Securitize is the only issuance platform pr

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Japanese Merchant Bank Signs Deal to Tokenize Estonian Properties

Crypto News Point

Nov 1, 2019
2 min

Japanese Merchant Bank Signs Deal to Tokenize Estonian Properties

MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia. In an announcement made on Monday MBK said that it will be working with BitOfProperty. Converting blockchain-based tokens The BOP is a Singapore-incorporated, Tallinn-operating enterprise that’s already selling fractional ownership of real estate in the EU member state. The company said that it has five properties that are currently in the capital o

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Burj Khalifa Developer Emaar to Launch Blockchain Rewards Token

Crypto News Point

Oct 19, 2019
1 min

Burj Khalifa Developer Emaar to Launch Blockchain Rewards Token

Emaar properties a Dubai based real estate giant has released its blockchain token-based referral and loyalty program. The real estate giant developed the world’s tallest building, Burj Khalifa as well as the Dubai Mall. EMR Token Can Provide a Real Monetary Value On Oct 17. Arabian Business reported that it is planning to launch the EMR token to reward its customers. EMR tokens will be based on JPMorgan’s blockchain platform Quorum. It will be redeemable not only within the

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NBA-China Scandal Crashes Nike Sneaker-Backed Crypto Token Price

Crypto News Point

Oct 17, 2019
2 min

NBA-China Scandal Crashes Nike Sneaker-Backed Crypto Token Price

A Chinese crypto trader highlighted a sharp decrease in the price of an American sneaker backed token in the fallout between the NBA and China. The post is now viral on the internet. 10% Crash in Price of Crypto Tokens Backed by Nike’s Air Jordan Reuters reported on Oct. 16. that the anonymous post of the trader from Weibo’s post from earlier this month highlighted a 10% crash in the price of crypto tokens backed by Nike’s Air Jordan sneakers on a US-based exchange. “It’s cle

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UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

Crypto News Point

Oct 16, 2019
1 min

UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Feedback From The Crypto Industry An official statement from Oct. 15 stated that the SCA will start collecting public feedback on the draft regulations until Oct. 29. It will be done just before submitting the final drafted legislation to the industry. Crypto players are all invited to give feedback including brokers, financial analysts, investors, res

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Thailand’s First Regulated ICO Portal Targets $98M Token Offering

Crypto News Point

Oct 12, 2019
1 min

Thailand’s First Regulated ICO Portal Targets $98M Token Offering

SE Digital has been confirmed as the first initial coin offerings (ICO) portal operator to be approved by Thailand’s securities regulator. SE Digital to Launch Thailand’s First Investment Token On Oct. 1 The Bangkok Post reported that SE Digital plans to launch Thailand’s first investment token, with a target transaction size of 2-3 billion baht or roughly $65,800,000-$98,700,000. SE Digital will provide ICO services like including strategic advisory, primary issuance as well

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Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report

Crypto News Point

Oct 9, 2019
1 min

Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report

Hyundai’s Blockchain arm, Hdac Motor Group is planning to set up a $10 million blockchain investment fund for mainnet launch in 2019. Hdac Testnet Lauch On Oct. 6. Korean outlet, The Financial News reported that ‘Hdac will spend the funds on launching its mainnet, developing decentralized applications, supporting new industry startups and creating an ecosystem with a “cryptocurrency compensation system”.’ Hdac is planning to release its mainnet in the first quarter of 2020. T

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