Vision of a decentralized internet built on blockchain technology where users own their data and digital identity rather than relying on centralized platforms. Web3 promises to shift power from big tech companies to users through token ownership and decentralized protocols, though adoption remains limited
The US dollar-denominated deposit token supports peer-to-peer transfers between institutional clients within the Ethereum Virtual Machine ecosystem, including Layer 2 blockchain Base
Tokenised deposits will be offered through the Google Cloud Universal Ledger, allowing institutions to deploy 24/7 settlement with programmable capabilities
Following just under three years with Bison Bank, Rafaella Orelli has joined Bitcoin Suisse (Europe) as its general manager for Portugal, leading the firm’s expansion across Iberia
Lomi Hou joins Kinexys following almost three years at digital transformation firm GFT Technologies, and will serve as vice president, market and product expansion manager
Olivier Laurette joins the blockchain security and developer tools firm from Dedge Security, where he spent just under a year as a senior business development executive
UTR is designed to continuously verify whether a token’s real-world market performance aligns with its firm’s public disclosures, assigned a score of 0–100 and letter grades AAA–CCC
According to Citi, it is the first major bank to apply the digital depositary receipt model to private company shares, which will receive ongoing pricing through Caplight’s MarketPrice data feed
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