Cantor and Securitize Team Up to Bring IPOs Onto the Blockchain

·4 views

Financial firm Cantor and tokenization platform Securitize have announced a collaboration aimed at enabling blockchain-based initial public offerings. The partnership is designed to allow public companies to raise capital directly on-chain. It also opens the door for the issuance of tokenized securities through blockchain infrastructure. The initiative represents a significant step toward integrating traditional capital markets with decentralized technology.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Bitcoin Retreats to $64,000 from Monthly High Amid Profit-Taking and Geopolitical Tension

Bitcoin pulled back to around $64,000 after briefly reaching a monthly high of $65,500. Traders began taking profits following the recent price surge, contributing to the decline. Fresh Iranian strikes on U.S. bases added to market uncertainty, further pressuring crypto prices. Bears took control of price action, with most tokens declining alongside Bitcoin.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Tether Takes $20M Stake in Argentine Neobank Ualá in Latin America Expansion

Stablecoin giant Tether has made a $20 million investment in Ualá, a prominent Argentine neobank. The move signals Tether's growing interest in expanding its financial footprint across Latin America. Ualá's CEO emphasized that Tether is participating strictly as a financial investor in this deal. Current regional regulations mean there are no immediate plans to integrate Tether's USDT stablecoin into Ualá's platform.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

US sanctions four Iran central bank crypto wallets, Tether freezes $131M

The United States government has added four cryptocurrency wallets linked to Iran's central bank to its sanctions list. The wallets, built on the TRON blockchain, collectively held over $165 million at the time of the action. In response, stablecoin issuer Tether moved to freeze approximately $131 million worth of assets contained in those addresses. The sanctions effectively block the flagged funds from being transferred or redeemed. The move reflects ongoing U.S. efforts to use financial tools to restrict Iran's access to digital assets.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

ZachXBT Slams Hardware Wallets as Bitcoin Holds Steady Around $65,000

Blockchain investigator ZachXBT publicly criticized hardware wallets, calling them unreliable and dismissing their use for securing crypto assets. Meanwhile, Bitcoin continued to trade steadily in the $65,000 range. The price stability came in the wake of a rate hike announced by South Korea's central bank. The two developments highlighted both security concerns and macroeconomic factors influencing the crypto market.

0 comments Read more at CoinDesk