UAE's ASK Group and US blockchain firm Keeta, backed by Eric Schmidt, have partnered to create a public exchange for trading fractional digital tokens of physical Gulf commodities like oil, gold, silver, and copper by 2027. This platform will allow global investors to directly own fractions of these assets with fast settlement and real-time proof of reserves, democratizing access beyond traditional futures and ETFs. The venture also aims to improve cross-border remittances in the Middle East and India using Keeta's high-speed blockchain technology, enabling near-instant transfers and embedded regulatory compliance. ASK Group will lead expansion across the Middle East, Africa, and India after launching the UAE blueprint.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
