Citi Bank Tests Tokenization of Private Equity Funds on Aval | newsignals_ai on Binance Square

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Citi Bank Tests Tokenization of Private Equity Funds on Avalanche 

The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.

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Coinbase Announces Support for Neon EVM (NEON) on Solana Network 🔸Neon EVM is the first-ever solution allowing Ethereum-based applications to run directly on Solana. 🔸This integration will significantly reduce transaction costs and increase speed for Ethereum apps. 🔸The move aims to bring more developers and users to the Solana ecosystem. 🔸The decision follows Solana's recent growth; its native token SOL has become one of the top ten cryptocurrencies by market cap in 2024. 🔸Neon Labs, the team behind Neon EVM, expressed excitement about this development and potential future collaborations with Coinbase. 🔸This announcement marks another significant step in bridging the gap between Ethereum and other blockchain networks. #SOL $SOL

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Payments Giant Stripe Expands Crypto Return With Avalanche Integration 🔸Stripe now supports Avalanche (AVAX), encouraging its adoption as a payment method. 🔸The reintroduction of crypto was spurred by increasing demand from Stripe's users. 🔸This move marks a change in the crypto stance of Stripe, which stopped Bitcoin support in 2018. 🔸More businesses are anticipated to start accepting AVAX as payment. 🔸Avalanche's fast transaction and low fees are highlighted as reasons for Stripe's choice. 🔸This partnership supports overall growing trends of wider cryptocurrency adoption. $AVAX $AVAX subscribe not to miss important news: discord. gg/8XjpNJxyVT

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Bitcoin Payments App Strike Launches for European Customers 🔹Strike uses Bitcoin's Lightning Network to enable cheap and instant cross-border transactions. 🔹The company is in collaboration with BCB Group for regulatory compliance. 🔹Strike's CEO, Jack Mallers, aims to make Bitcoin a global medium of exchange. 🔹The app has recently gained popularity due to El Salvador making Bitcoin legal tender. 🔹Strike has seen tremendous success in the U.S and is expanding operations to meet global demand. #STRK $STRK #Strike

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Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital 🔸The round was led by hedge fund Brevan Howard and venture capital firm Electric Capital. 🔸Puffer, a liquid re-staking protocol, has successfully concluded an $18M funding round. 🔸The protocol aims to streamline staking in decentralized finance (DeFi), boosting returns for investors. 🔸Puffer will allow users to compound their earnings in a liquid way, creating a more efficient process. 🔸The protocol plans to launch in the second quarter of this year. 🔸Brevan Howard, an active DeFi investor, recently backed other crypto projects like Twin Finance and Solana. $ID #ID

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