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Glossary
Web3

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
Web3 News
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Laurette to lead institutional sales in Europe for OpenZeppelin

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
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Forgd and DefiLlama launch Universal Token Ratings

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
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Caplight to provide independent pricing for Citi DDR product

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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Broadridge collaborates with Payward Services

Broadridge’s unified governance platform will support shareholder communications and proxy voting for xStocks holders which is a tokenised equities framework developed by Payward Services
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Loo joins Bybit as chief legal and compliance officer

Peter Loo joins the cryptocurrency exchange following his stint at Dubai’s Virtual Assets Regulatory Authority, with over 25 years’ experience spanning investment banking, regulation, and digital assets
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DTCC completes US trades using tokenised assets

The tokenised trades were processed on 15 July and sets the stage for the DTCC Tokenization Service to launch in October 2026
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Mantle’s Super Portal adopts Chainlink CCIP

Chainlink Cross-Chain Interoperability Protocol is said to bring a higher level of cross-chain security to MNT, Mantle’s native utility and governance token
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HKMA and FSTB to conclude the first stage of fixed income DLT review

The Hong Kong Monetary Authority and Financial Services and the Treasury Bureau’s review suggests that the region’s regulatory environment is currently sufficiently flexible for the issuance of tokenised bonds