One of Europe's largest investment banks issues security token on Tezos
Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network. European financial behemoth Société Générale has issued a security token on the Tezos blockchain.According to an announcement on Thursday, the move constitutes the first tokenized asset offered by Société Générale.The bank stated that the security token offering was a significant milestone in the efforts to begin full-spectrum cryptocurrency market operations by 2022.Société Générale through its Société Générale – Forge, or SG Forge, subsidiary reportedly plans to....
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Wrapped Ethereum is now available on Tezos. The cryptocurrency space just became a little bit more interconnected after developers created a cross-chain bridge between the Ethereum and Tezos blockchains. Following the launch of the WRAP Protocol, created by Bender Labs, Ethereum-based ERC-20 and ERC-721 tokens can be made Tezos-compatible, allowing ETH holders to interact with the Tezos ecosystem.Token wrapping has become a common way of connecting the users of disparate blockchain platforms, and is perhaps best exemplified by Wrapped Bitcoin (WBTC), which is an ERC-20 version of Bitcoin....
On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible’s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain networks.
8th Largest NFT Marketplace Rarible Adds Tezos Support
Rarible says it has expanded its multi-chain compatibility as it now supports a total of three blockchains which include Ethereum, Flow, and now the Tezos proof-of-stake (PoS) blockchain. The strategic alliance with Tezos....
Incore Bank, in partnership with Inacta and Crypto Finance Group, has selected Tezos as their preferred blockchain platform to develop regulatory-compliant digital financial products via a newly developed token standard titled DAR-1.
Tezos to Enable Smart Contracts for European Banks
Business-to-business transaction bank Incore Bank, in collaboration with Inacta and Crypto Finance Group, has picked Tezos, an open-source proof-of-stake (PoS) blockchain network, to power smart contracts for a range of on-chain digital financial products and use cases.
Together with....
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most successful football club in the English Premier League, Manchester United, is reported to have signed a training kit sponsorship deal with Tezos blockchain. As part of this agreement, Manchester United will reportedly receive over $27 million per year, or £20 million. In exchange, Tezos....
The Switzerland firm is an independent sister company of Arab Bank plc. Arab Bank Switzerland announced Tuesday that it will integrate staking, trading, and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations, and high net-worth individuals. The 50-year old establishment partnered with Tezos in the hope of benefiting from the ecosystems inherent focus on energy conservation, low-gas fees and fast upgrades. Managing Director of Arab Bank Switzerland, Rani Jabban commented on the institution’s....