In episode 54 of Hashing It Out, Micah Yeackley, the co-founder of Kula DAO, discusses how tokenizing traditional illiquid assets opens up investment opportunities to a broader audience.
Digital Asset News
A digital asset is anything — from videos to funds — that exist in binary form and includes the right to be used. Digital assets’ definition includes such things as applications, data, media and more. Digital asset management has started to be established as one of the most important and profitable service jobs. A digital asset manager is a job closely related to media content services, such as working with brand management, archiving, production management and streaming. The growing value and quantity of digital assets has led to the establishment of such companies as Digital Asset Research — a company targeted on cryptocurrency analysis — and Digital Asset Holdings — a fintech company that builds blockchain solutions for regulated financial institutions and other interested enterprises. Digital assets are considered to be the future of financial, informational and technological development.
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GrtWines is taking the $441 billion fine wine market and putting it on-chain through Web3 tokenization, with the aim of opening new doors for investors of all generations.
2999Andrew Bayly, the minister of commerce and consumer affairs, warned that New Zealand’s “wait and see” approach could lead to missing out on the benefits of development in the digital asset industry.
3607The Bank of England and the U.K.’s financial regulator, the Financial Conduct Authority, aim for the inaugural group of applicants to join the Digital Securities Sandbox by autumn 2024.
2034Custodia Bank argued that without a master account, it is a “second-class citizen” at the mercy of an intermediary bank.
6291The Indonesian financial authorities said that by the beginning of 2025, the government will implement a regulatory sandbox for crypto assets in an effort to prevent fraudulent investments.
4630The CryptoPunks collection recorded another $16-million transaction this month as CryptoPunk #7804 sold for 4,850 ETH on March 20.
5810The firm attributed the change in fortune to the changing market conditions from bearish to bullish, with AUM nearly doubling in the first two months of 2024.
5132The transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.
12347Arbitrum unlocked 1.1 billion tokens worth over $2 billion for its team, advisers and investors on March 16.
7125SuperRare Labs’ Zack Yanger said being able to help artists connect with a new class of collectors is “a massive win.”
4981VanEck continues to expand its presence in the cryptocurrency and Web3 space by launching its own NFT management platform.
3402Blockchain investigator ZachXBT revealed that after a “lengthy process,” he has retrieved the majority of the proceeds from a stolen DeGods NFT sold in May 2023.
4295Arianee has launched a Polygon CDK-powered layer 2 to issue and manage digital product passports for various luxury brands and companies.
3924In its fourth-quarter report for 2023, CoinShares highlighted that its total assets under management as of Dec. 31, 2023, was $3.81 billion.
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