Crypto

Latest Crypto News: Lending Protocol Defactor Tokenizes $100 Mn Bonds, Louis Vuitton Unveils Its Iconic Trunk In Digital Form

Here are some latest developments in the crypto world over the past few days.

Latest Crypto News: Lending Protocol Defactor Tokenizes $100 Mn Bonds, Louis Vuitton Unveils Its Iconic Trunk In Digital Form
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Decentralized lending platform Defactor Labs tokenized $100 million worth of Alpha Bonds바카라 웹사이트based on the ERC-3643 token standard, it said on Tuesday.

Small and medium-sized businesses can get these bonds using real assets as collaterals.바카라 웹사이트According to the DeFi platform, the bonds were tokenized on the Polygon MATIC network.

Defactor said the bond venture will come under the jurisdiction of Luxembourg, and it has바카라 웹사이트contacted law firm, CMS, to create the legal papers.바카라 웹사이트바카라 웹사이트

French Fashion House바카라 웹사이트Louis Vuitton Forays Into Web3

French luxury fashion brand Louis Vuitton has unveiled its iconic trunk as a digital collectible as바카라 웹사이트it forays into the Web3 world. Louis Vuitton said the VIA Treasure Trunk is a virtual version of바카라 웹사이트its classic travel trunk. Its Web3 project shows the fashion industry라이브 바카라 growing “phygital” trend.

It said the feeling of exclusive possession in the physical world may be replicated digitally with바카라 웹사이트the help of blockchain technology like nonfungible tokens (NFTs).바카라 웹사이트바카라 웹사이트

It is believed that the creation of distinct digital twins of physical objects on the blockchain has바카라 웹사이트led to the emergence of the phygital trend in Web3.바카라 웹사이트바카라 웹사이트

Sequoia Capital Announces Split To Separate China Business

Venture capital, Sequoia, will undergo a three-way split of its business for the US/Europe,바카라 웹사이트India/South East Asia, and China. The idea is to create separate divisions for America, China,바카라 웹사이트and Asia markets. The decision, announced on June 6, will enable Sequoia to decentralise its바카라 웹사이트back-office operations, it said. Sequoia said it will adopt a “local-first approach” to address the바카라 웹사이트brand issues and the global financial complexity.

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