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DeFi Innovations

Archived coverage · Forkast crypto archive

  • DeFi Innovations

    Solana’s Ethereum virtual machine Neon integrates Aleph.im for interoperability data

    Neon, an Ethereum virtual machine on the Solana blockchain, today announced that it is integrating Aleph.im, a cross-blockchain computing network and decentralized indexing provider, for on-chain data on Solana — a first step towards bringing cross-chain decentralized finance (DeFi) between Ethereum and Solana. Fast facts Ethereum is currently the dominant blockchain for general-use smart contracts, […]

    Michelle Lim

  • DeFi Innovations

    Temasek-founded Affinidi launches new business unit to bring Web 3.0 to financial services to Southeast Asia

    Affinidi, a Singapore-based technology company founded by state-owned investment firm Temasek, today announced the launch of a new business unit called Finnovate that aims to serve millions of underbanked individuals and small and medium enterprises across Southeast Asia by leveraging on Web 3.0 blockchain technologies. Fast facts Affinidi Finnovate is partnering with the financial services […]

    Michelle Lim

  • DeFi Innovations

    hashport launches to power cross-network digital asset transfers

    hashport, a public utility that facilitates the movement of digital assets between distributed ledger technology networks without the need for a native network token, today announced that it will launch on Nov. 9, according to a media statement. At launch, hashport will connect the Hedera public distributed ledger to the Ethereum and Polygon networks. Fast […]

    Michelle Lim

  • DeFi Innovations

    Goldman Sachs executive says tokenization redefines liquidity transaction

    The traditional financial industry is getting its feet wet in tokenization of assets, and there’s an influx of interest in the private asset space, as Mathew McDermott, managing director of Goldman Sachs, said today at a Hong Kong Fintech Week panel moderated by Angie Lau, editor-in-chief and founder of Forkast.News. Fast facts McDermott said Goldman […]

    Timmy Shen

  • DeFi Innovations

    Aleph.im launches Serum Markets to provide DeFi trading data on Solana

    Project Serum, a decentralized exchange on the Solana blockchain, has seen its total value locked (TVL) more than double over the past month to US$2.468 billion, according to data from a new Serum Markets Analytics dashboard launched today. Fast facts Solana — a high performance blockchain and alternative to Ethereum — has been gaining ground […]

    Michelle Lim

  • DeFi Innovations

    Fetch.ai, Algbra partner to bring AI-driven DeFi services to minority communities

    Fetch.ai, an artificial intelligence lab based in the British city of Cambridge, today announced its partnership with Algbra, a London-based fintech platform, to bring artificial intelligence (AI) and machine learning to decentralized finance (DeFi) and the banking sector to provide minority communities with greater access to financial services. Fast facts According to a statement shared […]

    Michelle Lim

  • DeFi Innovations

    Singapore securities exchange ADDX tokenizes Partners Group global private equity fund

    Singapore-based digital securities exchange ADDX today announced it had tokenized an allocation to a global private equity fund by Partners Group, a private equity firm listed on the SIX Swiss Exchange. Fast facts The allocation from the Partners Group Global Value SICAV Fund is the first from a major private equity firm that has been tokenized, […]

    Michelle Lim