“Private securities like VC ownership stakes or real estate investment trusts are difficult to trade due to restrictions on who can own them and when they are allowed to be bought and sold.
San Francisco-based Securitize plans to ease that by using smart contracts on the Ethereum blockchain that are programmed to ensure the rules are met. The firm will use technology developed by AirSwap, a peer-to-peer digital asset exchange.
Securitize will begin offering instant trading Thursday for private securities linked to five companies that include venture capital funds
People underestimated how long it would take for blockchain to penetrate finance, but I think it’s now happening.”
“Blockchain cuts the average time needed for food safety investigations from weeks to mere seconds.
It will also use that data to make consumers more informed. Dole said it plans to “eventually” pull back the curtain on its supply chain with scannable vegetable packages that reveal the product’s “journey from farm to store shelf.”
Government food watchdogs have been taking notice of blockchain. The U.S. Food and Drug Administration’s (FDA) upcoming “New Era of Smarter Food Safety” blueprint will advocate for the implementation of “blockchain technologies.””
“The average daily trading volume of the whole market during the first quarter of 2020 hit $23.3 billion. The total market turnover in Q1 2020 is roughly eight times than Q1 2019.
The study also highlights that the correlation coefficient between futures and spot trading volume fell to 0.31 [from 0.76 in Q4]. Researchers concluded that this phenomenon explains that futures market participants ‘may have been relatively independent‘ from the spot.
We believe the cryptocurrency futures have already possessed some attributes of market-leading indicators, and spot market participants can refer to futures trading volume for position management.”
“Bitfinex exchange plans to list pTokens (pBTC) — a new token that aims to unlock cross-chain DeFi liquidity by connecting Bitcoin (BTC) to any blockchain. The token is pegged 1:1 to Bitcoin and is compatible with the Ethereum (ETH) and EOS DeFi ecosystems to date.
pTokens’ integration with Bitfinex streamlines the flow of liquidity between centralized and decentralized exchanges. The listing facilitates an easy token switch and creates a new gateway for BTC liquidity to stream into the DeFi ecosystem.”
“Valiu has partnered with Latin America food delivery app Rappi, which could offer a large user base to help with adoption.
The synthetic dollars are backed by Bitcoin, however, users without cryptocurrency knowledge can simply buy and transfer cryptodollars by depositing cash at one of Valiu’s thousands of remittance partners in Colombia.”