In brief

Tips
Have a news tip or inside information on a crypto, blockchain, or Web3 project? Email us at: tips@decrypt.co.
$84,033.00
2.17%$1,931.36
2.73%$2.34
2.15%$626.87
4.67%$128.79
2.35%$0.999879
0.00%$0.719517
2.59%$0.173923
3.71%$0.220575
4.05%$1,929.63
3.03%$83,849.00
2.21%$1.34
-4.29%$9.80
2.00%$14.07
5.93%$3.47
1.05%$0.273588
4.10%$0.999861
0.02%$2,311.41
2.89%$0.19131
4.34%$18.81
3.22%$0.00001296
-1.01%$2.37
6.99%$92.62
2.77%$6.99
3.50%$336.71
0.92%$4.38
2.25%$0.999778
0.08%$1,931.78
2.89%$4.45
1.79%$1.00
0.12%$13.32
3.60%$28.47
0.72%$2,053.21
2.80%$211.98
1.45%$6.31
3.62%$1.044
0.11%$5.36
4.40%$2.64
5.66%$0.00000736
12.98%$50.61
5.08%$5.95
7.37%$0.81649
0.47%$0.863369
6.47%$17.92
2.78%$21.93
3.64%$33.62
12.33%$175.27
6.66%$84,071.00
2.28%$0.084782
2.95%$11.42
2.58%$0.02533826
5.08%$256.05
6.54%$0.99951
0.25%$4.67
0.82%$0.378952
6.92%$0.075997
3.38%$3.04
7.27%$0.214784
2.73%$3.41
0.55%$3.99
0.08%$3.23
4.68%$84,021.00
2.21%$0.370223
6.78%$0.191508
3.15%$0.499444
2.16%$0.999913
-0.12%$0.890926
7.83%$5.57
2.74%$0.523299
7.27%$11.17
1.15%$0.523997
4.00%$83,831.00
2.31%$1.00
0.00%$1,929.56
2.54%$77.66
1.49%$2,007.15
3.01%$1.086
3.36%$0.448062
3.30%$0.068376
1.64%$0.878528
6.64%$1,210.14
3.31%$0.570796
4.72%$0.997553
-0.03%$10.04
5.23%$0.200379
1.96%$17.10
-1.20%$2,178.33
3.38%$0.628707
2.02%$0.01511955
1.08%$134.09
2.38%$0.09638
5.57%$0.913153
6.55%$0.966482
5.74%$0.00001109
7.61%$0.999551
-0.12%$82,933.00
1.20%$2,049.99
2.99%$1.00
0.10%$0.502066
5.90%$626.69
4.72%$0.01732891
7.22%$1.00
0.08%$3,010.26
0.79%$0.715798
5.50%$2.51
41.66%$0.999936
-0.13%$6.63
3.98%$0.287914
6.36%$0.0000007
2.63%$0.01410837
5.00%$83,850.00
2.30%$2.22
7.05%$34.09
1.93%$0.18361
6.27%$0.419301
4.79%$3,012.40
0.53%$0.108788
1.36%$1.001
0.34%$164.57
2.64%$2,007.95
2.91%$0.00006225
5.42%$8.18
5.35%$3.16
-1.08%$0.433485
6.64%$0.153664
6.66%$3.45
8.69%$16.54
2.90%$34.33
3.31%$1.00
-0.03%$0.498138
4.32%$140.87
2.54%$0.999841
-0.02%$0.076414
2.23%$0.277982
9.23%$18.43
4.08%$0.00549781
3.02%$1.73
11.95%$0.503651
8.82%$0.182588
4.02%$0.801868
4.42%$0.999234
-0.14%$0.642253
5.47%$0.752528
4.05%$81,667.00
1.72%$2,047.77
2.96%$6.93
4.81%$0.999715
-0.11%$0.174117
3.82%$1,931.73
2.80%$0.087627
6.18%$0.0069919
10.26%$0.544388
8.99%$0.00002183
4.60%$0.04565588
4.34%$83,901.00
2.18%$0.427755
8.63%$1.20
6.06%$0.00000043
3.02%$0.521706
2.77%$82,853.00
0.34%$0.01255966
1.41%$1,931.76
3.09%$110.35
0.02%$5.99
5.76%$1.00
0.19%$1.08
-0.07%$0.194924
32.73%$83,389.00
2.12%$43.38
4.17%$1.39
1.62%$1.081
-0.97%$0.407257
2.70%$0.214681
2.62%$2.32
12.94%$0.890736
6.93%$1,929.97
3.03%$2,010.63
3.04%$21.85
0.49%$0.380319
-4.31%$83,818.00
2.18%$0.00006456
4.53%$1,973.29
2.87%$0.00415633
3.84%$0.998485
0.01%$1.42
4.08%$0.00639272
6.60%$0.0337613
6.90%$0.288459
-1.35%$0.998994
-0.36%$127.63
4.75%$1.32
1.83%$0.268003
5.25%$1.003
0.43%$0.00579098
6.26%$0.320313
6.11%$3.95
1.36%$1,916.20
3.44%$1.30
4.84%$0.869324
7.43%$0.29497
5.30%$0.02960628
2.30%$1.17
7.88%$23.35
3.28%$0.205602
3.84%$1,931.03
2.86%$17.37
6.67%$2,109.71
2.98%$0.646207
3.37%$0.03529027
3.21%$0.999962
0.02%$4.86
21.82%$2,037.63
3.01%$0.542178
3.96%$0.00000133
32.56%$83,957.00
2.26%$2.42
6.39%$2.83
2.69%$0.03849274
2.40%$0.072019
3.47%$0.090763
7.52%$83,494.00
1.92%$0.00000012
0.23%$2,095.27
2.96%$2,996.01
0.23%$1,920.04
2.42%$0.999741
0.06%$0.999405
-0.06%$0.446195
11.77%$0.01248476
5.29%$0.00239616
2.48%$0.03211584
4.86%$137.68
2.62%$3.57
-1.67%$0.0032664
7.03%$0.107601
5.65%$0.57203
-3.34%$1,687.46
2.03%$0.00508218
6.07%$0.00036019
-16.05%$1,931.69
3.11%$2.21
4.58%$1.11
-7.57%$0.00265916
9.23%$0.640484
5.60%$0.151546
5.51%$0.090466
3.50%$0.03331665
7.49%$5.72
8.16%Reading
Real estate company Redswan has launched a platform for selling digital securities for commerical property. It plans to tokenize $2 billion worth of property, starting with an $858 million pre-sale.
RedSwan is selling 1,034 mid-rise and high-rise apartments, in Texas, New York and California. A 150 acre hemp production farm in the Canadian province of Ontario is also up for grabs.
The sale is accredited by the SEC, one of the harshest regulators in the US. Digital securities platform Polymath is helping with the sale.
“Through this new technology, RedSwan will make the entire process for recapitalization of LP and GP equity for institutional quality real estate assets much faster, more efficient, and with higher capital productivity,” said Ed Nwkedi, CEO of RedSwan.
Nwokedi added that investors will have greater flexibility when acquiring and disposing of assets, which will take “seconds,” compared to what typically takes anywhere from six months to seven years.
RedSwan follows others in the space, which is dubbed “PropTech.” Last month, an office situated on one of Zurich’s most prestigious streets was sold for $135 million worth of BrickMark Tokens. BrickMark is another company that tokenizes real estate.
Another company tZERO, announced plans in October to tokenize $650 million in British real estate using Tezos, a partnership with the Tezos Foundation and Alliance Investments.
In the last year, most cryptocurrencies have witnessed a strong recovery, with gains of well over 100% seen by most cryptocurrencies during this time. However, Tezos (XTZ) is the only large-cap cryptocurrency to achieve more than 1,000% growth during this time. After reaching an all-time low of under $0.315 back in December 2018, Tezos began to reverse course slowly and recovered value throughout much of 2019, before exploding in value from November 2019 onwards. This growth saw Tezos leap its...
It’s no surprise the space is heating up. According to a Savills World Research report, real estate is among the most lucrative sectors in the world, valued at $217 trillion, or over half of the world’s total assets.
Tips
Have a news tip or inside information on a crypto, blockchain, or Web3 project? Email us at: tips@decrypt.co.
President Donald Trump, and other principals of DT Marks DEFI LLC, have already netted roughly $390 million in revenue from their Ethereum-based decentralized finance project—and that’s just for promoting it. On Monday, World Liberty Financial announced it had completed its second round of token sales. All in all, the project has brought in $550 million from two rounds of sales of WLFI, its native governance token, according to the company’s own accounting. Though Trump himself is technically...
Canary Capital filed Monday with the Securities and Exchange Commission to launch a SUI exchange-traded fund, roughly a week after a Trump-linked decentralized finance project added the token to its reserves. “We’ve seen a significant migration of developers into the SUI ecosystem, and given the chain’s speed and efficiency, we believe it is primed for substantial future adoption,” Canary Capital CEO Steven McClurg told Decrypt in an email. The filing comes roughly two weeks after Canary Capita...
The lines between stablecoins, lending and banking are blurring, leading to the emergence of new financial primitives, according to Tarun Gupta, CEO of payments and accounting solution Coinshift. In a video interview with Decrypt, Gupta elaborated on his thesis, explaining that this emerging financial architecture would be underpinned by yield-bearing stablecoins like Coinshift’s own csUSDL. “For the past six or seven years, stablecoins have solved one simple use case, which is money,” Gupta exp...