On Wednesday, Abra said its app will use the Bitcoin blockchain and smart contracts technologies to support fractional investments in stocks and exchange-traded funds (ETFs). Abra already offers the ability to “invest” in 50 fiat currencies and over 30 cryptocurrencies. This app is also very bad and we really love talking about it.
On Jan. 7, digital exchange DX.Exchange, based and regulated in Estonia, began offering investors the ability to trade digital tokens backed by shares in 10 NASDAQ-listed stocks, including Apple, Amazon, Facebook, and Microsoft. And in October, crowdfunding platform Indiegogo sold tokenized shares of the St. Regis Aspen Resort to SEC-accredited traders.
What if Amazon’s third-party sellers went into business as a decentralized collective? A blockchain-enabled inventory and sales management tool called Spl.yt boasts all the technological features to make it happen. To buy something on Spl.yt is to buy it directly from the seller, with blockchain technology keeping things fair for merchant and customer alike. E-commerce sellers list their inventory for sale as tokenized assets on the blockchain, and the same technology instantly settles all payments and records customer feedback. A robust affiliate program amplifies this decentralized signal by letting existing e-commerce list Spl.yt inventory for sale and collect a cut of whatever sales they make. By displaying its collective inventory…
Cboe, the exchange group behind the first market for bitcoin futures, is telling market makers that ether futures will soon be live (Business Insider) A source has told Business Insider that the CBOE, which launched the first U.S. regulated futures on bitcoin, is looking to launch an ether-based futures contract as soon as December. As of last week, the total open interest in the CBOE’s bitcoin contract equaled only 4,069 BTC, or a little more than $28 million. Special Report: In Venezuela, new cryptocurrency is nowhere to be found (Reuters) The Venezuelan government’s much-hyped oil-backed cryptocurrency known as the petro is tough to find. It’s not in exchanges and…
