VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization
Irreverent Labs, Lighthouse Labs, N3TWORK Studios, DoraHacks, iZUMi Finance, Common and Centrifuge headline the latest funding deals from the world of blockchain. Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But, if we look beyond the immediate price action, we observe an industry that continues to grow and evolve, as well as attract sizable capital investments from major funders. The latest edition of venture capital (VC) Roundup highlights....
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Valuing and monetizing tokenized assets requires tremendous skill and expertise. Thus, rendering asset management as a tool to raise growth capital and liquidity inaccessible to many. The global tokenization market sized at $1.92 billion in 2021 is expected to grow to $2.32 billion in 2022 at a compound annual growth rate (CAGR) of 21.09%. Tokenization increases liquidity, lowers costs, and enhances risk management. AI and web3 valuation, tokenization, and monetization can all sound like overhyped buzzwords. But when put together and packaged neatly into a service, they help organizations....
“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized,” says Lior Lamesh, CEO and co-founder of GK8. GK8, a cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking clients with institutional-grade blockchain solutions.The partnership centers around GK8’s enterprise-grade custody solutions, which will be made available to Securrency’s clients as the fintech company continues to build its tokenization infrastructure. Securrency’s main focus....
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties. A few years back, the concept of owning and trading fragments of physical real estate might have seemed too far-fetched for many. But with the advent of blockchain technology, real estate tokenization is providing new opportunities for fractional ownership and investment.Blockchain technology’s long-overdue debut in real estate has made real-world asset tokenization a heavily-discussed topic in the industry. After all, tokenization ticks all those boxes that are....
To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a "liveness check." Digital asset company Securitize Capital is set to tokenize $491 billion asset management firm KKR’s Health Care Strategic Growth Fund II (HCSG II) on the Avalanche blockchain.The news was shared by KKR on Sept. 13, with the tokenization of HCSG II being described by the head of Securitize Capital Wilfred Daye as a “significant breakthrough” for individual access to private equity markets. The tokenization enables investors to own a....
With BTC hitting another record high of $41K plus a look at the ongoing rise and where it could end, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.