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Fintech Startup Fnality Raises $95M in Funding Led by Goldman and BNP Paribas

With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash. Fnality, a fintech firm focused on building tokenized versions of major currencies collateralized by cash held at central banks, has successfully secured $95 million in its Series B funding round, with major financial institutions like Goldman Sachs Group Inc (NYSE: GS) and BNP Paribas SA (EPA: BNP) leading the investment....

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LG Electronics tritt Hedera Blockhain-Gremium bei

Der Beitritt zum Verwaltungsgremium ermöglicht es LG, die Grenzen von Blockchain zu überwinden und die bevorstehende Ära schneller, fairer und sicherer Anwendungen einzuleiten LG Electronics Inc. (LG) und Hedera Hashgraph, eine Plattform für Distributed-Ledger-Technologie (DLT) im Unternehmensbereich, gaben heute bekannt, dass LG dem Hedera Governing Council beigetreten ist. Das Gremium, gegründet, um ein besonders dezentralisiertes...

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China Is Going to Develop Its Investment Banking Sector to Rival Wall Street

China is one of the world’s heavyweight countries and much of this is a deliberate effort. The country is known for its eagerness to make specific moves towards growing its economy and becoming a worthy rival of others. For example, it has made significant strides with blockchain technology and it is widely suggested that it could easily lead this sector. Now, there are specific efforts for China to rival Wall Street.China is already a force to be reckoned with politically, as well as...

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