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Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume.Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph on the sidelines of Token2049 in Dubai.“These things move incredibly slowly, you have to show value, you have to show adoption first,” Yin said, comparing RWA’s currently developing stages with the early days of Bitcoin (BTC) and stablecoins.“Only now, 10 years later, are they beginning to…

On 11 November 2022 FTX declared bankruptcy. The firm was once heralded as the Goldman Sachs of crypto, and its CEO, Sam Bankman-Fried, was deemed by some the next Warren Buffett. And now, just after proclaiming in an interview that he would not be arrested, he is in custody in the Bahamas awaiting extradition to the US. He is charged with a litany of fraud and campaign finance law violations, in what US prosecutors are calling “one of the biggest financial frauds in American history”.Casual investors, along with funders ranging from the Ontario Teachers’ Pension Plan to BlackRock, who invested…

Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market.21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange Commission (SEC).Called the 21Shares Sui ETF, the proposed ETF will issue common shares of beneficial interest by seeking to track the performance of SUI held by 21Shares’ US subsidiary.The US filing comes a year after 21Shares started trading the 21Shares Sui Staking exchange-traded product in Europe in July 2024, with its…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A recent report revealed that over 50% of all crypto tokens have failed in the past five years, with a significant decrease in token survivability over the past year. Related Reading 50% Of Crypto Tokens Have Collapsed On Wednesday,…

Ethereum is growing, and diversity of human participation creates resilience throughout the ecosystem. The Devconnect Scholars Program is one small effort that aims to create resilience through community diversity. Better representation across human geography and demographics leads to diverse experiences and new perspectives that help the Ethereum protocol serve the coordination needs of all humans, not just a lucky few. Not only does better representation – leading to better geographical distribution of Ethereum nodes for example – help the security of the network, but we believe it is crucial in enriching our community and in making Ethereum stories tangible for…

Former NBA star Shaquille O’Neal has been granted final court approval to settle a class-action lawsuit for $11 million with Astrals non-fungible token (NFT) buyers.Florida federal court judge Federico Moreno granted approval of the settlement between O’Neal and the class group led by Daniel Harper in an April 1 order made available on April 8.The deal created a fund of up to $11 million for eligible class members and awarded $2.9 million in attorney fees and costs. All those who purchased Astrals NFTs from May 2022 to Jan. 15 and those who purchased the project’s native GLXY tokens up until…

image Gaimin Drives Ecosystem Expansion with Key Product Launches and Strategic Growth in Early 2025 Gaimin, the Web3 ecosystem combining decentralized cloud computing, blockchain gaming, and esports, has reported a period of significant growth and innovation throughout the first quarter and into April 2025. Marked by key product rollouts, strategic partnerships, leadership transitions, and increased global visibility, the company is solidifying its position at the intersection of gaming, AI, and decentralized infrastructure (DePIN). Central to this expansion is the GMRX utility token, which underpins the ecosystem’s functions and recently marked its first anniversary. image Platform Enhancements and Product Milestones The…

In the United States, Strategy proved the Bitcoin treasury model. In Asia, Metaplanet took the baton ran with it. Now in Europe, a new name is emerging as a leader in balance sheet transformation—The Blockchain Group (ALTBG). Listed on Euronext Growth Paris, The Blockchain Group has delivered one of the most remarkable performances among all public Bitcoin companies since adopting its treasury strategy. In just six months, it has posted a 709.8% BTC Yield, far outpacing Bitcoin’s price performance and demonstrating how balance sheet engineering—when executed through the Bitcoin lens—can drive exponential shareholder value. This isn’t a story about riding…

MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United Arab Emirates (UAE)-based real estate giant MAG and blockchain infrastructure provider Mavryk.The deal represents the largest RWA tokenization initiative globally to date and highlights the upcoming launch of MultiBank’s native utility token, MBG, according to a press release shared with Cointelegraph.The partnership will bring MAG’s ultra-luxury real estate projects — including The Ritz-Carlton Residences, Dubai, Creekside and the Keturah Reserve — onto the blockchain via MultiBank.io’s regulated RWA marketplace.Once tokenized, these assets will be available to…

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…