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Gold Continues to Rise: Near Record High Thanks to Safe-haven Asset Demand
Gold prices are approaching a new record and are on track for an eighth straight weekly gain, buoyed by safe-haven demand amid geopolitical tensions and concerns about the global economy.
Gold Hits New Peak, Investors Rush to Buy
Spot gold is currently trading around $2,940 an ounce, up 2% this week. The increase comes after #Walmart – the world’s largest retailer – reported disappointing results and warned of uncertainties in consumer behavior and the global economy.
Gold Hits New Peak, Investors Rush to Buy
Spot gold is currently trading around $2,940 an ounce, up 2% this week. The increase comes after #Walmart – the world’s largest retailer – reported disappointing results and warned of uncertainties in consumer behavior and the global economy.
#vechain has established a notable position in the field of real-world asset (RWA) tokenization and the Internet of Things (IoT)
Key points from the available information:
Dominance in IoT and RWA:
$VET is credited with a significant market share, approximately 35% of the IoT market valued at $5.2B It also makes significant inroads into the RWA sector There's talk of a 6% market share for RWAs, showing strong presence
Partnerships and Innovations:
VET has collaborated with major companies like #Walmart , #BMW ,PWC, and DNV, demonstrating its ability to integrate #blockchain into real business operations
Partnerships include integrating VET technology into UFC fight gloves and projects with Gresini Racing for asset tokenization in sports
Growth and #Adoption :
A significant increase in the number of $VET holders is noted, highlighting growing adoption
VET has also launched initiatives like Marketplace-as-a-Service (MaaS) to facilitate asset tokenization for businesses and individuals
Impact and Perspectives:
Analysts predict that VET could play a key role in the tokenization economy, with estimates reaching up to $16T for the RWA market by the end of the decade VET is seen as a potential leader in this area with forecasts of considerable growth for $VET
Institutional Support:
The mention of VET in reports by large financial institutions like Grayscale and partnerships with entities like Boston Consulting Group strengthen its position in the RWA sector
In summary:
VET is well-positioned to dominate real-world asset tokenization thanks to a combination of strategic partnerships, technological innovations, and growing adoption, although the RWA market is still developing, and VET needs to continue proving its value and utility in this expanding sector.
Key points from the available information:
Dominance in IoT and RWA:
$VET is credited with a significant market share, approximately 35% of the IoT market valued at $5.2B It also makes significant inroads into the RWA sector There's talk of a 6% market share for RWAs, showing strong presence
Partnerships and Innovations:
VET has collaborated with major companies like #Walmart , #BMW ,PWC, and DNV, demonstrating its ability to integrate #blockchain into real business operations
Partnerships include integrating VET technology into UFC fight gloves and projects with Gresini Racing for asset tokenization in sports
Growth and #Adoption :
A significant increase in the number of $VET holders is noted, highlighting growing adoption
VET has also launched initiatives like Marketplace-as-a-Service (MaaS) to facilitate asset tokenization for businesses and individuals
Impact and Perspectives:
Analysts predict that VET could play a key role in the tokenization economy, with estimates reaching up to $16T for the RWA market by the end of the decade VET is seen as a potential leader in this area with forecasts of considerable growth for $VET
Institutional Support:
The mention of VET in reports by large financial institutions like Grayscale and partnerships with entities like Boston Consulting Group strengthen its position in the RWA sector
In summary:
VET is well-positioned to dominate real-world asset tokenization thanks to a combination of strategic partnerships, technological innovations, and growing adoption, although the RWA market is still developing, and VET needs to continue proving its value and utility in this expanding sector.
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Buy VET today.
VeChain $VET is a leading blockchain platform specializing in supply chain management and business processes. Its goal is to provide transparency, efficiency, and reliability in tracking goods and services at all stages of their lifecycle. Using blockchain technology, VeChain provides businesses with tools to improve supply chain management, reduce costs, and increase consumer trust.
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