Euroclear, a financial services company, has acquired a strategic stake in Singapore-based blockchain company Marketnode.

Marketnode is set to launch blockchain fund settlement infrastructure by the end of June, with tokenized credit products expected by the first quarter of 2025.

MARKETNODE Completes Series A Financing, HSBC Leads Investment

Marketnode Secures Series A Funding Led by HSBC to Expand Digital Asset Platform

MARKETNODE Completes Series A Financing, HSBC Leads Investment

"How can we leverage the technology to improve the way we operate both with natively tokenized assets, but also the way we service and manage existing assets?" @chainlinklabs' Angie Walker asks leaders from Euroclear, Marketnode, and Hamilton Lane at @pointzeroforum ↓ https://t.co/bGzXg7UeFj

With global equity markets and fund AUM valued at approximately $130T and $140T, respectively, onchain assets have “a lot of room to grow.” Marketnode CEO Rehan Ahmed dives into the tokenization opportunity on Chainlink’s The Future Is On series ↓ https://t.co/rHtpjOs70f

Here's your Monday industry catch-up 📰Crypto & Blockchain Update: October 14-20📈Market Highlights- Bitcoin breaks $69,000, with 7% rise over the last week- Ethereum is at $2,700, up by 8% in 7 days- Last week’s top 3 gainers were APE (+98%), MEW (+32%), and DOGE (+31%); while top 3 losers over past 7 days were TAO (-10%), MKR (-9%), and SEI (-8.5%) - Crypto Fear & Greed Index is at 63 Greed- Bitcoin hashrate hits all-time high while exchange reserves hit a 2-year low- ETH held in accumulation wallets rises by 65% since January 2024🎮Blockchain Tech & Gaming- Worldcoin, now rebranded to World, launched its own Ethereum L2 network - World Chain, to bring millions of humans on the blockchain- Fuel Labs launches Ethereum L2 Fuel Ignition- Blockchain developers propose “panoramic governance” to incentivize growth in L2 blockchains- Opentensor Foundation (OTF) makes Ethereum compatibility layer available on Bittensor- ApeCoin (APE) massive spike after the launch of ApeChain with staking- Avalanche-based Off the Grid has had a successful early access launch so far- Animoca Brands CEO predicts every web3 project will have a Telegram strategy as result of the boom of Telegram gaming- Memecoin launchpad GraFun starts a lLbs division to support the memecoin ecosystem on BNB Chain📃Regulatory Updates- Italy’s government proposes capital gains tax on Bitcoin and other crypto assets to rise from 26% to 42% - Craig Wright has launched a legal action against Bitcoin Core developers - Paper published by ECB claims older Bitcoin holders are exploiting new holders and BTC lacks any real world value💰Investments & Partnerships- Euroclear invests in Marketnode, a Singapore-based blockchain tech firm- UK pension and investment management firm L&G plans to enter crypto tokenization space saying “digitization of the funds industry is key to improving efficiency, reducing cost, and making a broad range of investment solutions available to a wider range of investors”- Drop Protocol, a liquid staking protocol for interchain assets receives $4M in seed round- Stripe has acquired stablecoin platform Bridge for $1.1B🛡️Crypto security- EigenLayer X account was hijacked to spread airdrop scam link- Radiant Capital hit with a $50M exploit on Binance Chain and Arbitrum- Hong Kong police arrest 27 people involved in deepfake romance scam that deceived victims to invest in fake crypto ventures, totaling $46M- The Indian citizen behind fake Coinbase website that led to $20M stolen, pleaded guilty and has been sentenced to 5 years🗞️Miscellaneous- Crypto trader turns $5k into $1.5M with GOAT Meme Coin- MicroStrategy market capitalization has increased from $1.5B to $40B in 4 years, Saylor attributes this to integrating Bitcoin- VanEck analyst states that “L2 networks are taking more value from Ethereum” than previously thought, which could impact ETH’s future price- Tesla moved $765M in BTC to unknown wallets after 2 years of inactivity- The amount of high-risk crypto loans increases to 2 year high of $55M- BlackRock is looking at integrating BUIDL as collateral for derivatives trading***Have a successful new week ahead!🤝

Tune in to this episode of the Security Token Show where this week @happytokenizing and @KyleSonlin cover the industry leading headlines and market movements, including tokenized soccer player training rights, commodities, and @STOmarket turning 6 years old 🥳 Company of the Week - Herwig: DBS Bank Company of the Week - Kyle: Win Investments The Market Movements 1. Cow Group Launches Gold-Backed Stablecoin “MyGold” on DigiShares 2. @SwarmMarkets and @ordinalsbot Offer Tokenized Gold as NFTs on Bitcoin Blockchain 3. @stable_metal to Tokenize Gold, Copper, and Iron in Early 2025 4. @win_investments and @afa Partner to Tokenize Soccer Players’ Training Rights 5. @BlockCellar and @bordeaux_index Tokenize ~17,000 Cases of Wine 6. Palau Explores Tokenized Savings Bonds 7. @HashKeyGroup to Launch Multiple Tokenization Projects in 2025, Focus on Carbon Credits, Green Assets, and Money Market Funds The Token Debrief 1. @Blockstream to Expand Upon $210M Convertible Note Financing 2. @EuroclearGroup Invests in Marketnode’s Series A, Led by @HSBC 3. @KriptownFR Raises €4.2 Million Series A Led by BNP Paribas, Applies to DLT Pilot Regime 4. @SingularityDAO, @CogitoFi and @SelfKey to Merge as @Singularity_Fi (SFI) to Tokenize AI 5. @Securitize Enables USDC Onramp/Offramp for BUIDL via @ZeroHashX Integration 6. @The_DTCC Launches “DTCC Digital Launchpad” Sandbox and Releases JSCC PoC Results 7. @libertum_token Announces “Tokenization Engine” 8. Singapore’s Largest Bank @dbsbank Rolls Out Commercial Tokenization Services ⏰ TABLE OF CONTENTS ⏰ 0:16 Introduction 1:02 Special Announcements: STM Turns 6 and On the Road 4:12 Market Movements 23:07 The Token Debrief 34:15 Companies of The Week: DBS and Win Investments

[Crypto News 18 October 2024]1) Euroclear Expands into Asia by Investing in MarketnodeEuroclear has made its first investment in Asia by acquiring a stake in Singapore-based Marketnode, aiming to enhance its position in the region's blockchain infrastructure and bolster its fund services. Read more : https://t.co/45tKNAjybL2) Ireland Pushes for Urgent Crypto Regulations Amid EU ComplianceIreland's finance minister is drafting urgent crypto laws to implement stricter reporting requirements for exchanges and cash payments, aiming to align with upcoming EU Anti-Money Laundering standards and promote safe innovation in the financial sector. Read more : https://t.co/fUbiztym7S3) EU Threatens Financial Penalties for Musk's VenturesThe EU is considering significant fines for Elon Musk's companies, particularly X, over potential violations of the Digital Services Act, which could impact their revenues and operational compliance. Read more : https://t.co/AjiQUnI10a4) Ripple Partners with IRC to Enhance Humanitarian AidRipple has committed $1 million to partner with the International Rescue Committee (IRC) to improve cash relief programs and explore the use of its upcoming stablecoin, RLUSD, for aiding crisis-affected communities. Read more : https://t.co/Lj1cvMnD4o5) Web3 and Quantum Computing as a Human RightDynex co-founder Daniela Herrmann asserts that access to quantum computing is a human right, emphasizing the company's commitment to making this technology available to everyone through a subscription model and supporting those who can't afford it. Read more : https://t.co/nZRLWtqNcTDisclaimer: The information provided is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.#Euroclear #Marketnode #Blockchain #CryptoRegulations #Ireland #EUCryptoCompliance #Musk #DigitalServicesAct #Ripple #IRC #HumanitarianAid #RLUSD #CryptoMarket #DigitalAssets #Cryptocurrency #Blockchain #CryptoCommunity #DigitalAssets #CryptoTrading #FutureOfFinance #Decentralization #CryptoJourney #DigitalInnovation #EconomicTransformation #Fintech #Web3 #MarketAnalysis #Hata #HataGlobal #HataExchange

Singapore-based digital market infrastructure firm Marketnode received funding from Euroclear. Amount is not disclosed. https://t.co/AUYXo7bWvj https://t.co/vFiXUqXcvi

In Singapore, smart policies, industry collaboration and #DLT infrastructure are transforming financial services. 🌏🔧🔗 Rehan Ahmed of #Marketnode sets out a vision for #wealthmanagement https://t.co/mc0ezaPpBI #tokenisation #digitaltransformation