Singapore-based cryptocurrency FinTech platform Cake DeFi on Wednesday (March 9) launched a $100 million venture capital investment arm — Cake DeFi Ventures — that will target Web3, the metaverse, non-fungible tokens (NFTs), eSports gaming and other FinTechs, according to a company blog post. Get the...
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Memorabilia bearing Mickey Mantle’s autograph has traditionally been one of the safest investments in world of sports collectibles — be it baseballs or the Yankees slugger’s rookie card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Given the dramatic changes in the world’s financial systems —cryptocurrencies, stablecoins, central bank digital currencies (CBDCs) and FinTechs — one could think it’s impossible to determine which one is more revolutionary. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Millions remain excluded from mainstream formal financial markets in emerging and developing markets, but the rapid rise in internet and smartphone adoption in the last decade has led to a boom in mobile money service, accelerating progress toward universal financial access and helping to increase...
Ukraine plans to be the first developed country to issue its own collection of nonfungible tokens (NFTs), capitalizing on cryptocurrency donations coming in to support its defense against Russia, the Financial Times reported. Get the Full Story Complete the form to unlock this article and...
Non-fungible tokens (NFTs) are a $41 billion business, and where there’s several zeros behind any product, there are usually insurers. However, that’s not the case with NFTs, a segment of the cryptocurrency market that wasn’t worth even 1% of that two years ago. Get the...
The Securities and Exchange Commission (SEC) is finally taking a harder look at NFTs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
The U.S. Securities and Exchange Commission (SEC) is looking into the creators of NFTs to see if any of them have been breaking the agency’s rules, a report from Bloomberg said Wednesday (March 2). Get the Full Story Complete the form to unlock this article...
