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Data tracked by 21.co shows $1.08 billion in Treasury notes has been tokenized through public blockchains. The tally has risen nearly 10-fold since January 2023 amid elevated interest rates worldwide. The market for tokenized U.S. Treasury debt is booming. The market value of Treasury notes tokenized through public blockchains like Ethereum, Polygon, Valanche, Stellar and others has crossed above $1 billion for the first time, data tracked by Tom Wan, an analyst at crypto firm 21.co, show. Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as tokens on the blockchain. The market value has risen…

In the current high-speed digital environment, artificial intelligence (AI) has gained a pivotal position, and the power is still in the hands of a few large corporations. With this centralization of AI technology, the troubles that come inherent in a centralized system are set. The role of a transparent, censorship-resistant AI infrastructure is gaining new importance, especially for democratizing AI applications in a trustless atmosphere. The adoption of the decentralized approach has to overcome the biggest obstacle in the existing blockchain models, which are already unable to optimally store and process the large computing models, which are very computationally consuming.…

In a notable development, WSPN and MathWallet have partnered to launch StableWallet. It is a cutting-edge digital asset management solution leveraging advanced account abstraction (AA) technology, according to remarks made by Raymond Yuan, Founder of WSPN. In addition to this, the collaboration is a significant step forward in enhancing the efficiency and security of managing digital assets in the Web3 ecosystem. StableWallet Revolutionizes Digital Asset Management StableWallet will revolutionize digital asset management by merging private key wallets with smart contract accounts. Customer access to advanced features and customization options is seamless with this integration. Moreover, StableWallet gives users peace of…

Crypterium was widely discussed after its immediate launch back in 2018. Afterward, it kind of disappeared off the radar for a bit. And now, thanks to its recent price rally and the listing on Coinbase and other exchanges, it is finally gaining momentum again.  Many investors are now curious about the prospects of the Crypterium cryptocurrency. Is it worth the buzz? How high can it rise? Let’s find out in our Crypterium price prediction! Crypterium Overview Crypterium Price Change 24h -0.03% Crypterium Price Change 7d 13.17% Crypterium Market cap $6,020,637.37 Crypterium All time high $3.00 Crypterium All time low $0.04…

What will this funding mean for Illuvium?Illuvium aims to create an interoperable gaming universe where players can seamlessly utilize the same NFT assets across an array of different titles – all powered by their $ILV token.This investment is set to culminate in the launch of three new, interconnected titles within the next three months, offering both new and veteran players fresh experiences in the Illuvium universe. These new titles will include a revenue-sharing mechanism, ensuring that protocol stakers benefit directly from in-game revenue.Want more? Connect with NFT PlazasSubscribe to our NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us…

As tokenization continues to be adopted in several sectors, Japan-based financial firm Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (NASDAQ: SMFNF), has expressed a keen interest in experimenting with the offering in real estate. The firm stated that it will proceed with the pilot initiative through the United States-based tokenization platform Vertalo to revolutionize the local real estate industry. The SMFL’s latest collaboration will integrate Vertalo’s token platform with its existing asset tracking platform, AssetForce. While AssetForce primarily focuses on physical assets, SMFL argues that the offering can be extended to…

As Hong Kong continues its experimentation with a central bank digital currency (CBDC), one non-profit is gleaning upsides for improving the state of global shipping with blockchain technology. The plan involves using blockchain as the underlying technology for electronic bills of lading (eBL). Hong Kong-based non-profit Global Shipping Business Network (GSBN) disclosed that it had successfully completed a prototype eBL in mid-March, earning praise from industry stakeholders. GSBN CEO Bertrand Chen confirmed that the prototype, developed in collaboration with Ant Group, could transform into an industry-wide eBL solution, given its wide reach and Hong Kong’s unique position as a leading…

There are thousands of different cryptocurrencies on the market, but not many of them provide users with real utility — or find their footing and rise to the top despite direct competition with other top crypto coins and tokens. Avalanche, however, is one of such crypto assets. But what is AVAX, and how does it work? Let’s take a look at one of Ethereum’s most successful competitors. What Is AVAX Crypto? AVAX is the native token of the Avalanche platform, a blockchain network that aims to offer high throughput, low latency, and unparalleled scalability. Unlike many of its predecessors, Avalanche…

The world of non-fungible tokens (NFTs) has exploded in recent years, with record-breaking sales and a growing community of creators and collectors. However, one major hurdle that continues to hinder the widespread adoption of NFTs is high gas fees.In this comprehensive guide, we will explore the concept of gas fees in relation to NFT transactions and provide proven strategies for reducing these costs. Whether you are a creator or collector, understanding how to minimize gas fees can greatly benefit your experience in the NFT space.What are Gas Fees?Before discussing strategies for reducing gas fees, it’s important to understand what they…

What is Off the Grid?Off The Grid (OTG) is a web3 battle royale third-person shooter set in a dystopian cyberpunk future.Asset ownership, player-driven economy, and narrative progression is core to its gameplay loop. OTG offers two distinct gameplay modes: PvP and PvE.In PvP mode, up to 150 players engage in intense melee combat on Teardrop Island, battling it out to secure loot and trade items while striving to be the last one standing. While in PvE mode, players embark on a 60-hour narrative campaign to undertake missions for video companies, explore the secrets of Teardrop Island, and unravel the mysteries…