Hong Kong’s IVD Medical Adds $19M in ETH to Power Tokenized Healthcare Platform
IVD Medical Holdings, a publicly traded healthcare firm in Hong Kong, has added $19 million worth of Ether $ETH (ETH) to its corporate treasury — but it’s not just for holding.
The company plans to use ETH as the core infrastructure asset for its tokenization platform, ivd.xyz, aimed at transforming how pharmaceutical intellectual property and other healthcare assets are managed on-chain.
🧬 ETH at the Heart of Healthcare Tokenization
According to IVD’s Chief Strategy Officer Gary Deng, Ethereum was chosen because it’s the:
“World’s most mature smart contract platform”
Highly liquid
Gaining growing institutional approval, including a spot ETH ETF in the U.S.
Here’s what ETH will be used for:
Ownership confirmation of tokenized assets
Automated revenue distribution
Compliance governance
Backing for IVDD stablecoin
Settlement layer for cross-border healthcare transactions
💰 Beyond HODLing: Staking, Derivatives, and Yield
IVD plans to actively deploy ETH into:
Staking and re-staking
On-chain derivatives
Yield strategies to boost returns while maintaining liquidity and downside protection
This strategy aligns IVD with a growing trend of Hong Kong-listed firms allocating treasury to crypto — but with a more utility-driven approach compared to passive BTC $BTC holdings.
🤝 Strategic Partnership with HashKey
The move follows a partnership with HashKey Group, one of the few licensed crypto platforms in Hong Kong. HashKey will likely play a key role in enabling compliant infrastructure for ETH-backed healthcare finance solutions.
📈 A Growing List of HK Crypto Treasuries
IVD joins a small but growing club of Hong Kong-listed crypto treasuries:
Boyaa Interactive holds over 3,100 BTC
Meitu previously bought 31,000 ETH and 940 BTC
Smaller holders include Yuxing, Moon Inc., and Walnut Capital
But unlike others, IVD is using ETH not just as an asset — but as a foundation for innovation in healthcare tokenization.
Will tokenized real-world assets (RWAs) become the next big crypto use case?
Humanity Protocol Launches $1.1B Mainnet to Bring Private Web2 Identity into Web3
Humanity Protocol, a privacy-first identity network and rising rival to Worldcoin, has officially launched its $1.1 billion–valued mainnet, introducing a revolutionary way to bridge traditional Web2 credentials with Web3 services — all without compromising user privacy.
🔒 What Makes It Unique?
The core of Humanity Protocol is a technology called zkTLS (zero-knowledge Transport Layer Security). This allows users to:
Prove their credentials (like airline miles, university degrees, or financial history)
Without ever revealing the actual documents or personal data
And without using biometric scanning like iris scans or fingerprints
This solves a key problem that plagues systems like Worldcoin, which rely on biometric data, raising privacy concerns.
🆔 Meet “Human ID”
The protocol’s identity system, Human ID, is already being used to verify:
Airline loyalty status
Hotel memberships
Financial and educational credentials
Soon, it plans to support:
On-chain ticketing
Decentralized governance
Sybil-resistant platforms
By using Human ID, users can carry their verified reputation across multiple apps and platforms — without giving up control of their private data.
🌍 Why It Matters
Humanity Protocol’s mainnet launch follows a $20M funding round co-led by Jump Crypto and Pantera Capital, pushing its valuation to $1.1B.
According to founder Terence Kwok, this is not just another blockchain project:
“With zkTLS now live, anyone can confirm who they are and what they’ve achieved — yet no central party ever sees their personal info.”
🔐 Privacy Over Biometrics
While Worldcoin scans irises to prove humanity, Humanity Protocol uses cryptographic proofs instead. No facial scans, no centralized storage — just secure, browser-based verification.
This approach also protects against Sybil attacks, where people create multiple fake identities to exploit systems like airdrops or voting mechanisms.
💭 Final Thoughts
As digital identity becomes more critical in Web3, Humanity Protocol offers a real-world solution for users who value privacy. Whether it’s for decentralized apps, social platforms, or governance, the future might just belong to zero-knowledge identity systems.
Animoca Brands and Standard Chartered Launch Stablecoin Venture in Hong Kong
Animoca Brands, a major player in the Web3 space, has partnered with the Hong Kong arm of Standard Chartered Bank to launch a new stablecoin initiative named Anchorpoint. This joint venture also includes Hong Kong Telecom (HKT) and marks a significant step in the city’s growing digital finance ecosystem.
🪙 What Is Anchorpoint?
Anchorpoint is designed to be a licensed stablecoin issuer under Hong Kong’s new regulatory regime. The venture:
Intends to issue stablecoins backed by fiat currencies.
Will apply for a stablecoin license in Hong Kong.
Has been participating in the Hong Kong Monetary Authority (HKMA) sandbox for over a year.
This positions Anchorpoint ahead of the curve as Hong Kong’s Stablecoin Ordinance comes into effect this month.
🔍 Why It Matters
Stablecoins are becoming central to global crypto regulation. In 2025:
The U.S. introduced the GENIUS Act to regulate stablecoins.
Hong Kong launched its official licensing regime, attracting attention from over 40 applicants.
However, the HKMA expects to approve fewer than 10 stablecoin issuers — meaning competition is tight and only top players will be authorized.
🤝 Powerhouse Partnership
The collaboration between:
Animoca Brands (a leading blockchain investment firm),
Standard Chartered (a major global bank), and
HKT (a dominant telecom provider)
...brings together Web3 innovation, financial trust, and technological infrastructure — a rare combination that could set Anchorpoint apart from other applicants.
🧠 Final Thoughts
As global crypto regulation heats up, the creation of licensed and compliant stablecoin issuers will be key to mainstream adoption. Anchorpoint’s early involvement in the HKMA sandbox and strong backing make it a top contender.
Will Asia become the leader in regulated stablecoin innovation?
Binance Partners with Spain’s BBVA Bank for Off-Exchange Crypto Custody
Binance $BNB has teamed up with BBVA, Spain’s third-largest bank, to offer off-exchange custody services for its customers, according to a report by the Financial Times. This strategic move aims to boost asset security and user trust by keeping customer funds separate from the exchange itself.
🔐 How It Works
Through the new arrangement:
Customer assets are parked in U.S. Treasuries held by BBVA.
These Treasuries are then used as margin for trading on Binance.
If Binance were to face disruption or failure, customer funds remain safe and untouched in BBVA's custody.
This setup reduces counterparty risk, offering users peace of mind that their assets are not directly exposed to exchange operations.
💡 Why It Matters
This is part of a wider trend: crypto exchanges are now being pushed to separate custody from trading, especially after the FTX collapse in 2022, which left billions in user funds frozen. Binance’s collaboration with BBVA marks a significant step toward more transparent and secure fund management.
🏦 BBVA’s Growing Crypto Interest
BBVA is no stranger to the crypto space. This year, the bank:
Rolled out crypto trading and custody via its mobile app.
Recommended high-net-worth clients to allocate up to 7% of their portfolio into Bitcoin $BTC and Ethereum $ETH .
🔍 Final Thoughts
With increasing regulatory scrutiny and user demand for safer crypto platforms, Binance’s move to partner with a traditional financial giant like BBVA signals a new standard in exchange-custodian relationships.
Are off-exchange custody solutions the future of crypto trading? Let’s discuss 👇
Pump.fun Launches Glass Full Foundation to Support Memecoins Amid Revenue Drop
Pump.fun $PUMP , a popular Solana-based $SOL memecoin launchpad, has introduced a new initiative called the Glass Full Foundation (GFF). The goal? To provide liquidity support to selected memecoin projects in the ecosystem as the platform experiences a major decline in revenue.
💸 Why This Matters
At its peak in January 2025, Pump.fun was pulling in over $7 million per day in revenue. But as of early August, that figure has dropped to around $200,000. The launch of the Glass Full Foundation seems to be a response to this downturn, aiming to reinvigorate the ecosystem and support its most loyal communities.
💧 What is the Glass Full Foundation?
According to official posts on X (formerly Twitter), the GFF will inject liquidity into select memecoins within the Pump.fun ecosystem. However:
The source of funding remains undisclosed.
The criteria for selecting which tokens receive support has also not been revealed.
The announcement emphasized support for what they called the platform's “most diehard cults.” Liquidity injections have already begun, with more planned in the near future.
🪙 Which Memecoins Are Involved?
Some of the biggest memecoins on Pump.fun include:
Fartcoin $Fartcoin (FART): Valued at over $1 billion.
Peanut the Squirrel: A quirky token referencing a viral pet squirrel, with a market cap above $253 million.
🥊 Competition Heats Up: Enter LetsBonk.fun
Pump.fun’s downturn comes as a new rival, LetsBonk.fun, gains traction. Backed by the Bonk community, LetsBonk.fun has quickly become the most active and highest-grossing launchpad on Solana last month. It appears to be capturing a growing share of memecoin creators and investors.
🔍 Final Thoughts
The creation of the Glass Full Foundation shows Pump.fun’s commitment to reviving momentum and supporting its ecosystem during a challenging time. Whether this liquidity arm can turn things around remains to be seen—but one thing’s clear: the Solana memecoin scene is evolving fast, and competition is fierce.
🧠 What Do You Think?
Are liquidity injections enough to keep memecoins afloat in a saturated market? Or is this just a temporary fix for deeper platform issues?