Osaka Digital Exchange to Start Security Token Trading Platform
The platform, named Start, will begin operation on Dec. 25 with a $20 million real-estate securities issuance.
The platform, named Start, will begin operation on Dec. 25 with a $20 million real-estate securities issuance.
Just 160,000 transactions have been facilitated on Celestia in the past 13 days.
The tokens crossed $63, reaching a level previously seen in May 2022. Trading volumes spiked to over $3.5 billion, up more than 70% from average levels of $2 billion each day at the start of November.
The decentralized exchange debuted its layer 1 blockchain based on Cosmos this week.
It reached a $150 million on Monday, amassing over 13,000 holders and trading over $25 million in volume on decentralized exchanges.
MOON supply will be topped at 83 million tokens and moderators say they will continue to develop tools to help value accrual.
Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise.
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”
The majority of trading volume took place on the HTX exchange itself.
In this week’s edition of The Protocol newsletter, we look into how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase’s recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.