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Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report

January 25, 2023 by admin

Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report

Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells Fargo, and …

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX

November 8, 2022 by admin

press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched support for Ethereum in its decentralized exchange, Verse DEX, with ~$ 2 million in liquidity initially distributed across six trading pairs. The full-featured decentralized exchange will work seamlessly with …

A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF

September 30, 2022 by admin

A Recent SEC Filing Shows the World

According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech and Communications ETF — will track metaverse firms with exposure to …

Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

September 22, 2022 by admin

Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, …

European Union to Launch Global Metaverse Regulation Initiative in 2023

September 16, 2022 by admin

European Union

The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President of the European Commission, will present several …

Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund

August 5, 2022 by admin

playstudios

Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games. Playstudios will also invest $ 10 million in …

Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp

July 16, 2022 by admin

Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp

Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the …

LABEL Foundation Announces the Strategic Partnership With Polygon Studios to Launch Their Dapp on Polygon Mainnet

April 26, 2022 by admin

press release PRESS RELEASE. In this industry, it is crucial to establish key strategic partnerships in order to ensure both longevity and prosperity. As such, LABEL Foundation has officially announced a partnership with Polygon Studios, with the further intention to chase their multichain goal and launch their Dapp additionally on Polygon Network, along with …

Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform

April 6, 2022 by admin

Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates …

Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries

March 11, 2022 by admin

Report: Softbank

Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order to attract Web3, metaverse, and NFT patrons. Z Holdings Doesn’t Want to ‘Miss …

UAE Property Developer DAMAC to Launch Metaverse Project in March Says Managing Director

March 2, 2022 by admin

One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said. DAMAC Looking Into NFTs and Metaverse According to Ali Sajwani, the managing director of the real estate property developer DAMAC Properties, his company …

Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

February 17, 2022 by admin

Coinbase and 17 Other Crypto Firms Launch

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST …

Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors

February 16, 2022 by admin

Southeast Asia

DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer Crypto Trading to Retail …

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

February 14, 2022 by admin

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief Announces Legislative Plan …

Robinhood to Launch Crypto Trading Internationally — Sees ‘Immense Potential’ in Crypto Economy

January 30, 2022 by admin

Robinhood Reveals ‘Aggressive Goals’ to Launch Crypto Trading Internationally – Says Crypto Economy Has ‘Immense Potential

Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.” Robinhood’s Crypto Earnings, Expansion Plans …

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