EMN Weekly Issue #10
Last updated
Last updated
Welcome to EMN Weekly Issue #10!
We are excited to bring to you the latest RWA & MiCA news from the crypto industry, hot developments at E Money Network and some crypto humour to keep things light. Happy reading!
What's in Today's Issue?
This Week's Top RWA & MiCA News
Meme Time: Crypto Humor for the Week
E Money Network Updates: What You Need to Know
Community Spotlight
- Clearpool, a DeFi credit protocol, recently launched Ozean, an OP-stack based Layer 2 network for RWA yield protocols. Ozean will provide an optional compliance layer with a decentralised identity system for fulfilling KYC requirements. As per Clearpool, the compliance layer will unlock RWA interoperability across permissionless protocols, thereby propelling growth within the RWA sector.
- MakerDAO securer Chronicle is launching an RWA oracle via integration with M^0. M^0 is an Ethereum-based stablecoin minting protocol. Oracles are entities that provide smart contracts with external inputs and outputs to enable them to execute themselves. "The M^0 team anticipates that the system will scale to several billions of dollars over the coming years, of which Chronicle will be a key component to the overall transparency of the protocol," Chronicle founder Niklas Kunkel said.
- Compute Labs, a leader in enterprise-grade GPUs, has announced a strategic partnership with Plume, a modular Layer 2 solution for tokenising RWAs. In this partnership, Compute Labs’ AI compute assets such as H100 and B200s will be integrated into the Plume ecosystem to enable users to invest directly into some of the most sought-after compute resources available today.
- RWA World, a project focusing on providing RWA intelligence, has announced a collaboration with SegMint Gmbh to bring transparency to tokenised collectibles. This collaboration will enable SegMint users to gain access to high-fidelity RWA analytics and research on the SegMint platform and make informed decisions in the collectibles market.
- Circle’s Euro-backed stablecoin EURC has hit €50 million market cap, making it the second-biggest euro-backed stablecoin. AEUR, the euro-backed stablecoin by Anchored Coins retains the position of the highest in the euro-stablecoin market cap, with over $60 million in market cap. However, EURC is at the top when it comes to MiCA-approved Euro-backed stablecoins.
Devs, don’t miss out on this opportunity for applying to our grant program!
That’s all for now. See you again next week!
E Money Network partnered with Kvants AI, an AI-powered decentralised asset management platform -
E Money Network published a new blog on the security features of our ecosystem -
E Money Network CEO Mr Raj Bagadi shared his thoughts on why Web3 developers need to focus on building RWA applications. Here is the complete article link
