EMN Weekly Issue #23

Hello everyone!

We are back with a fresh issue of EMN Weekly. The 23rd issue of EMN Weekly contains the latest RWA & MiCA news from the crypto industry, top E Money Network updates and some crypto humour. We hope you gain meaningful insights from this issue and have a fun time reading it!

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

Top RWA & MiCA News of the Week

1. Securitize and Elixir Partner to Launch “sToken” for powering RWA access to DeFi liquidity - Leading RWA tokenisation firm Securitize has partnered with Elixir to launch “sToken”, which aims to bring DeFi liquidity to RWA holders. This innovation, which leverages ERC-4626 vault technology, enables institutional investors to use the RWAs issued by Securitize while retaining the yields of the underlying assets.

2. Polytrade unveils RWA 360 roadmap - Polytrade, the world’s largest RWA marketplace, has unveiled its RWA 360 roadmap, which aims to provide a one of a kind holistic and experiential RWA landscape to users. The roadmap outlined key new features including Token Hub, Cross-Chain Bridging, Gamification, an industry-wide RAGMI Loyalty Program, and Prediction Markets. These features will be built on top of the existing marketplace to facilitate a more holistic RWA experience for users.

3. Bahrain-based digital assets exchange ATME plans to transform regional markets with RWA tokenisation - ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB) is launching a platform for RWA tokenisation to reshape the capital markets of Middle East. The platform will enable issuers to convert real world assets such as private equity, commodities and real estate into tokens on a private blockchain. According to Alex Lola, CEO of ATME, “Our platform is designed to give smaller businesses access to new capital-raising opportunities and help investors tap into asset classes that were previously out of their reach. We are creating a new way for businesses and investors to connect, building a financial ecosystem that offers inclusivity, security, and growth for all participants.”

4. Goldman Sachs planning to launch crypto platform for issuing and trading financial instruments on blockchain - As per a recent report by Bloomberg, Goldman Sachs is planning to develop a platform for issuing and trading financial instruments on blockchain networks. According to Goldman’s global head of digital assets Matthew McDermott, the investment bank is exploring potential partnerships to add to the platform’s capabilities and develop new offerings.

5. Crypto exchange Gemini launches in France in a bid to expand footprint in Europe - US-based crypto exchange Gemini has launched its services in France, as a part of its plans to expand in Europe. Earlier this year, the platform secured registration as a Virtual Asset Service Provider (VASP), and now it has begun offering French users the ability to trade and store over 70 cryptocurrencies via its platform. Users can access Gemini’s services through its web interface or mobile app, with several funding options that include local payment methods like debit cards, bank transfers, and Apple Pay. The company has also launched its advanced ActiveTrader™ platform and over-the-counter (OTC) trading services, to facilitate deep liquidity and provide competitive pricing for institutional clients.

Crypto Humour of the Week

https://x.com/emoney_network/status/1858858021490733490

E Money Network Posts of the Week

1. After delisting $SCLP tokens from exchanges, E Money Network announced the launch of its conversion portal which will enable users to convert their $SCLP holdings into $EMYC tokens - https://x.com/emoney_network/status/1859874801499685064

Conversion portal link : https://convert.emoney.io/welcome

1. E Money Network announced the extension of its bounty contest with Superteam - https://x.com/emoney_network/status/1858518940491653293

Community Spotlight

We’re striding on the #RoadToMainnet and we need all your support! https://x.com/CrVnsh/status/1859168064094265415

That’s all for this week. We have big updates coming up for you. So stay tuned, and keep checking our official Social Media channels!