Cross-chain liquidity, Tokenized Treasuries, Gartner projection, Last week Web3 news and Meet us in Singapore
Welcome to Foundership Lighthouse!
Weekly posts and thought leadership from Foundership for founders and investors are curated straight from Foundership's blog, video, podcast, social media, and special updates.
Cross-Chain liquidity is a major issue amongst blockchains!
In this episode of HASH IT OUT, we dive deep into the world of cryptocurrency with two leaders Bimlesh Gundurao - CoFounder Foundership - Web3 & AI Accelerator VC & Shivam Tandon - Founder and CEO at zkCrossNetwork
We explore the world of web3, bringing 1-Click Unlimited liquidity to blockchains!
Listen to an insightful discussion as we explore:
3x Entrepreneur
Solving for Liquidity across chains
Mission and road map of ZK Cross
What are the big challenges
How much of grants have to raise to help build this infrastructure
How they put their team together and the organization culture
Fundraising journey
Whether you're a seasoned crypto investor or just starting out, this episode is packed with valuable insights you won't want to miss.
Tune in and get ready to learn!👇
From $1B to $2B: The Rapid Growth of Tokenized Treasuries 🧵
Image link: https://x.com/FoundershipHQ/status/1832381972632539383/photo/1
1: Big Milestone Alert: Last month, tokenized Treasury notes crossed the $2 billion mark—doubling in size in under five months. This rapid growth signals a major shift in the financial landscape, showcasing the increasing adoption and potential of digital finance!
2: What Are Tokenized Treasuries Anyway? They’re essentially US govt bonds, but transformed into digital assets. By leveraging blockchain networks like Ethereum and Solana, these tokenized bonds combine the traditional stability of government securities with the innovative flexibility of crypto.
3: BlackRock Leading the Charge: BlackRock’s BUIDL fund is making headlines, holding a substantial $503 million in tokenized treasuries. Their leadership is a strong indicator of the growing confidence and adoption in this space. But they’re not alone—emerging players like Hashnote and OpenEden are also making significant impacts, signaling a diverse and rapidly expanding market.
4: A Market with Massive Potential: While hitting the $2 billion mark is impressive, it’s just the tip of the iceberg. The traditional Treasury market boasts a staggering $27 trillion valuation, indicating there’s a vast opportunity for tokenized Treasuries to capture more market share and revolutionize investment strategies.
5: Blending Traditional Finance and DeFi: The rise of tokenized Treasuries signifies a groundbreaking convergence of traditional finance and decentralized finance (DeFi). This fusion is creating new pathways for investors, bridging the gap between established financial systems and innovative blockchain solutions.
6: Why It Matters: This development isn’t just a fleeting trend—it represents the future of investment and asset management. At Foundership, we’re excited to support pioneering projects that are leading this transformation and pushing the boundaries of what’s possible in the financial sector.
7: Looking Ahead: The financial landscape is evolving at an unprecedented rate, and we’re just scratching the surface of this journey. What do you think about the rise of tokenized Treasuries? Share your thoughts and join the conversation as we explore the exciting opportunities ahead! 👇🏽
Source :
https://www.rwa.xyz/
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Post link: https://x.com/FoundershipHQ/status/1832381966593016269
Gartner Projects Stablecoins to Hit the Mainstream in the Next Two Years 📈
The latest Gartner report brings exciting insights into the future of the web3 industry. See Stablecoins on that chart? Their position represents exciting times for this sector
Here’s what stood out in the Gartner Report: 👇
Imminent Mainstream Adoption: Blockchain wallets, smart contracts, and stablecoins are expected to become widely used within the next two years. This aligns perfectly with our plans for driving innovation.
Stablecoins' Challenges: Even with high market caps and new projects, stablecoins still face hurdles from past issues like Terra and FTX. Gartner highlights that they need to overcome negative associations to gain broader acceptance.
Expanding Tokenization: Tokenization isn’t just for finance anymore. It’s set to transform business automation across various sectors.
Web 2.5 Emergence: This new model blends Web3 elements like NFTs with traditional Web2 apps, creating fresh opportunities for better user engagement and functionality.
These trends could have a big impact on how we approach our projects. How do you think they’ll shape future strategies? Share your insights and perspectives in the comments below!👇🏼
🔗Source: https://ledgerinsights.com/gartner-hype-cycle-stablecoins-to-go-mainstream-within-two-years/
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Post link: https://x.com/FoundershipHQ/status/1832742247525417325
Curated Latest Web3 News for you!
Japanese Power Giant TEPCO Explores Green Bitcoin Mining: Report
Tokyo Electric Power Company (TEPCO) is reportedly exploring green bitcoin mining in Japan
TEPCO is considering using excess renewable energy from solar and wind to power bitcoin mining operations
The move could help stabilize the grid and provide a new revenue stream for the utility company
El Salvador's Bitcoin Adoption Marks Three-Year Anniversary Amid Mixed Results
El Salvador became the first country to adopt bitcoin as legal tender on September 7, 2021
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
Adoption still has room to grow - 20% of Salvadorans are using the Chivo wallet.
President Nayib Bukele remains committed to bitcoin and plans to build "Bitcoin City"
DePIN Is Crypto's Next Big Use Case, Says MV Capital CEO
Decentralized Physical Infrastructure Networks (DePIN) could be the next major use case for crypto, according to Nikita Ovchinnik, CEO of MV Capital
DePIN refers to using blockchain and crypto to tokenize and manage real-world assets like energy, transportation, and agriculture
Ovchinnik believes DePIN can help solve issues like energy inefficiency, supply chain disruptions, and food shortages
MV Capital is investing in DePIN projects and sees significant growth potential in the sector
Dubai Restaurants Increasingly Accept Crypto as Salary Payment Option
A growing number of restaurants in Dubai are accepting crypto as a form of salary payment for their employees
The trend is driven by demand from younger workers and the city's push to become a global crypto hub
Restaurants cite benefits like faster, cheaper cross-border payments and the ability to attract tech-savvy talent
However, challenges remain, such as crypto's price volatility and the need for clear regulatory guidelines
Japan's Web3 Industry Gets Boost with Proposed Tax Reforms for Startups
Japan's ruling party has proposed tax reforms aimed at supporting Web3 startups and attracting foreign talent
The reforms include a 5-year tax exemption for new startups and a reduced tax rate for individual investors
The proposal also includes measures to simplify corporate tax filing and create a more welcoming environment for foreign entrepreneurs
Qatar Financial Centre Introduces Digital Assets Regulations
The Qatar Financial Centre (QFC) has introduced a new regulatory framework for digital assets
The framework covers areas such as licensing, AML/CFT compliance, consumer protection, and governance
Firms dealing with crypto assets, security tokens, and other digital assets can now apply for a license to operate in the QFC
Cardano Shifts to Decentralized Governance as Chang Hard Fork Goes Live
Cardano has completed the Chang hard fork, marking a significant step towards decentralized governance
The upgrade introduces a new governance model where ADA token holders can vote on protocol changes and parameter adjustments
It also brings improvements to the network's performance, security, and scalability
Meet us in Singapore
The Foundership team is ready for Singapore!
📍 Location: Singapore, 15 to 23rd September.
If you are in Token2049, it is easy to locate us.
Let’s collaborate and make exciting things happen!
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Post link: https://x.com/FoundershipHQ/status/1831685086703710394/photo/1
Foundership is a Global Accelerator VC for Web3, AI & Emerging-Tech Startups. https://foundershiphq.com/