https://www.ledgerinsights.com/socgen-forge-digital-assets-license/
Last week SBI Digital Markets and Securitize announced plans to jointly build a digital asset issuance and distribution platform in Singapore, starting with tokenized bonds in November.
SBI Digital Markets, a subsidiary of SBI Digital Asset Holdings (SBI DAH), received its capital markets services (CPM) license from the Monetary Authority of Singapore (MAS) in September.
Together the companies will target blockchain-based issuance and distribution services targeting institutional investors. SBI Holdings invested in Securitize in 2019.
There’s a need for a marketplace for tokenized assets as well. SBI Digital Assets Holdings has a joint venture with the SIX Digital Exchange (SDX) for AsiaNext, a Singapore exchange for secondary market trading of both cryptocurrencies and tokenized securities. AsiaNext will collaborate with SBI Digital Markets, but not on an exclusive basis.
Securitize has been involved in several tokenizations of private company stock. More recently, it has been part of several tokenized fund issuances. These include tokenizing part of a KKR fund, collaborating with investment manager Hamilton Lane for a tokenized feeder fund, as well as an art fund.
Carnegie Mellon and NVIDIA have developed a training technique that gives humanoid robots unmatched agility, mimicking elite athletes like Ronaldo and Kobe. As AI pushes physical limits, could it outpace human athletes?
KikyoMarvel Studios faced criticism from fans who accused them of using AI-generated artwork for a "Fantastic Four" poster due to distorted hands and other anomalies. Marvel denied the allegations, stating no AI was involved in creating the poster.
AnaisThe platform will provide BTC and AVA rewards for users who book accommodations on Trivago using crypto. Could this incentive drive greater adoption and bring more users into the crypto ecosystem?
CatherineGoogle CEO Sundar Pichai plans to invest $75 billion in capital expenditures for 2025, with AI as the primary focus—a 43% jump from 2023. Strategic vision or overreach?
KikyoOpenAI partnered with South Korea’s Kakao to integrate its AI into KakaoTalk and develop a Korean-language assistant. CEO Sam Altman also met with SoftBank, Samsung, and SK Hynix to discuss AI collaborations, including the Stargate data centre project.
WeatherlyFTX will begin repaying small creditors (claims under $50,000) in the Bahamas on February 18, 2025, with 9% annual interest on their claims. Creditors outside the Bahamas will receive their payouts starting by March 4, 2025.
JoyTether expands beyond stablecoins with Tether Data, an AI-powered SDK integrating a voice assistant, AI translator, and Bitcoin wallet assistant. Announced by CEO Paolo Ardoino, it runs on a Bare JavaScript runtime to enhance crypto transactions and accessibility.
CatherineGoogle has removed its previous commitment not to use AI for weapons or surveillance from its updated AI principles. The company now emphasises AI's role in supporting national security, global growth, and collaboration with governments and organisations.
WeatherlyAustralia has banned the use of DeepSeek, a Chinese-developed AI chatbot, on government devices due to security concerns over privacy and malware risks. The decision follows similar actions by other countries and reflects growing caution about foreign technologies.
JoySenator Elizabeth Warren, a known crypto critic, has unexpectedly aligned with former President Donald Trump on debanking concerns, linking investigations to the recently dismantled Consumer Financial Protection Bureau. Is this a tactical move to avoid backlash or a shift in her regulatory stance?
Catherine
