WisdomTree is an issuer of Bitcoin and Ethereum spot ETFs.
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🏘 #AVAX On the Avalanche blockchain, real estate is tokenized for $240,000,000,000 - coindesk
Bergen, a suburb of New York and one of the richest counties in the United States, announced the country’s largest real estate tokenization project.
In 5 years, 370,000 certificates of ownership will be transferred to the Avalanche blockchain - in total it is about $240b.
All real estate transactions will begin to be stored in an unchangeable and accessible register. This will speed up property registration processes, reduce the risk of fraud and make it easier to track property rights for almost a million residents of the district.
@Сryptoz ₿
Bergen, a suburb of New York and one of the richest counties in the United States, announced the country’s largest real estate tokenization project.
In 5 years, 370,000 certificates of ownership will be transferred to the Avalanche blockchain - in total it is about $240b.
All real estate transactions will begin to be stored in an unchangeable and accessible register. This will speed up property registration processes, reduce the risk of fraud and make it easier to track property rights for almost a million residents of the district.
@Сryptoz ₿
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The first, most likely, will be the listing of Solana ETF (within 3-5 weeks).
Chances of launch:
◽️ETF on #LTC = 90%.
◽️ETF at #SOL = 90%.
◽️ETF on #XRP = 85%.
◽️ETF on #DOGE = 80%.
◽️ETF on #ADA = 75%.
◽️ETF on #DOT = 75%.
◽️ETF on #HBAR = 80%.
◽️ETF on #AVAX = 75%.
◽️ETF on #SUI = 60% (Eric Balchunas)
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Chances: 85-90%
Litecoin #LTC
Bitcoin Cash #BCH
Dogecoin #DOGE
Polkadot #DOT
Shiba Inu #SHIB
Avalanche #AVAX
Chainlink #LINK
Stellar #XLM
Solana #SOL
Hedera #HBAR
Cardano #ADA
Ripple #XRP
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Frontier Stable Token (#FRNT) is available on 7 blockchains: Arbitrum (#ARB), Avalanche (#AVAX), Base, Ethereum (#ETH), Optimism (#OP), Polygon (#POL) and Solana (#SOL).
The development was carried out in cooperation with LayerZero (#ZRO), Fireblocks, Franklin Advisers and other partners.
The first purchases will be available through the Kraken exchange (on Solana) and Rain Visa cards (on Avalanche).
Collateral: dollars and short-term U.S. government bonds.
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The plans include the launch of the Mobility Orchestration Network (MON) blockchain, which will provide secure data exchange for car loans, car sharing, insurance and simplify the transfer of ownership rights in the secondary market.
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In the coming weeks, the company plans to expand the fund to the Avalanche (#AVAX) blockchain.
WisdomTree manages assets (AUM) worth $131,000,000,000+. It is the issuer of the American spot Bitcoin ETF.
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The portfolio will include: #BTC, #ETH, #XRP, #SOL, #ADA, #LINK, #SUI, #AVAX, #XLM, #HBAR, #BCH, #LTC, #UNI, #APT, #NEAR, #ICP, #DOT, #AAVE, #POL, #FIL.
The document is currently displayed only on the official website of the state of Delaware - usually followed by an application to the SEC.
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➥ All 6 crypto sectors showed growth, but Bitcoin laggs behind #ETH and other cryptocurrencies, the nature of profitability allows us to consider the 3rd quarter as an altseason.
➥ Stablecoins have intensified after the adoption of the GENIUS law. The total supply increased by 16% and exceeded $290,000,000,000. #ETH, #TRX, #AVAX and #ENA benefited the most from this.
➥ Digital Asset Treasuries (DATs): more and more public companies keep the crypt on their balance sheets. This was supported by #ETH, #SOL, #BNB and #CRO.
➥ Among DEX, Hyperliquid (#HYPE) is leading - TOP-3 in terms of commissions among crypto companies. The new Aster project (#ASTER) soared from $145,000,000 to $3,400,000,000 capitalization in just a week.
➥ In Q4, the key factors will be the discussion of the law on the structure of the crypto market (CLARITY) in the U.S. Senate, new listing standards from the SEC and the Fed policy (rate reductions have begun, which is a positive factor for the crypt).
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What is known:
➤ Start-up capital - $460,000,000, then the goal is to bring the portfolio to $1,000,000,000 in AVAX.
➤ Exchange access through a SPAC deal with Mountain Lake Acquisition.
➤ The project was supported by giants: Dragonfly, VanEck, Galaxy, Pantera Capital, Kraken, etc.
➤ Emin Gun Sirer, founder of Ava Labs, will become the advisor.
➤ There is an exclusive with Avalanche Foundation - 18 months of priority purchase of AVAX at a discount.
Avalanche Treasury Co. promises not just to keep tokens, but to build validators, invest in protocols and help businesses with asset tokenization.
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TIS is one of the largest payment operators in Japan, processes transactions in the amount of $2,000,000,000,000 per year.
Multi-Token Platform will allow banks and corporations to issue and pay in stablecoins, tokenized deposits and in the future - digital yen (#CBDC).
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Fintech giant FIS and Intain platform launch Digital Liquidity Gateway in the United States - a marketplace on the Avalanche blockchain, where banks will be able to tokenize loans and sell them to institutional investors.
Mechanics:
➤ Each loan turns into NFT, supported by real documents and data.
➤ Calculations are made automatically, including with stablecoins (mainly #USDC).
➤ The platform already connects banks and investors - transactions worth hundreds of millions of dollars are expected by the end of this year.
➤ The goal is to help U.S. regional banks find liquidity faster and issue more loans to small businesses.
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