Ritesh Kakkad

Singapore’s Monetary Authority of Singapore (MAS) to explore “global layer 1” blockchain tokenization. The Global Layer One (GL1) initiative explores the development of a multi-purpose, shared ledger infrastructure based on Distributed Ledger Technology (DLT) that is envisioned to be developed by regulated financial institutions for the financial industry. #blockchain #dlt #tokenization #digitalassets Garranto Academy FSV Labs FSV Capital

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Latest insights from Coinbase Mid Year Review, with implications for technical Web3 founders: 🔧 Resilience in the Digital Assets Class: Even in a turbulent economy, digital assets like Bitcoin and Ethereum are proving resilient. Regions with clear regulatory frameworks, such as the UAE, are becoming innovation hotspots. These bell weather tokens green light founders' confidence to innovate on the frontier in #blockchain and #Web3. 📈 Accelerating Adoption from Layer 2 Blockchain: As fees on blockchains continue to deflate, adoption accelerates, as measured by Total Value Locked (a measure of locked tokens), total transactions, and active wallets (a measure of user activity on blockchain). Certain Layer 2 blockchains are hitting tipping points of adoption in 2024. 🧠 Harmonizing #AI and Web3: The report highlights how integrating AI into Web3 platforms can drive exponential improvements in product development, user engagement, and operational efficiency. Think AI-powered smart contracts, automated customer service, or dynamic token economies — these are no longer futuristic ideas but are near term venture opportunities. Why You Should Care: As a technical founder, the robust infrastructure provided by blockchain and the computational power of AI opens up new realms of product possibilities. The report underscores the potential of Web3 gaming and tokenized AI to disrupt traditional models. Consider how these trends can enhance your product offerings and user experience. Furthermore, Apple's recent announcements in their AI strategy will bring AI to the consumer, further opening up product design possibilities that incorporate the aligned Web3 business models. Venture capital is actively looking for early stage investments in this area. We at Decasonic are committed to backing outlier founders harnessing these transformative technologies. We invest in projects that align with our vision of a technology intersections.

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🌟 Today, I’m launching a YouTube channel dedicated to the Real Use Cases of Blockchain 🌟 Blockchain is a formidable technology that was pioneered by Bitcoin in 2009. This technology can revolutionise the financial system as we know it. I believe that it can also help build an internet that is fairer, more inclusive and more decentralised. However, blockchain and crypto currencies have a bad reputation. Mainstream media predominantly focuses on the speculative aspects of cryptocurrencies, highlighting stories of individuals either making or losing substantial amounts of money. 🛑 Sadly, for many people, this is where their understanding of blockchain stops As a VC who often get eye-rolls 🙄 for investing in blockchain companies, I’ve decided to take action! 🚀 This YouTube channel aims to spotlight people who derive real utility from blockchain, in the real world. Below is the first episode: Chibby is a Nigerian entrepreneur who uses stablecoins to pay his suppliers worldwide. Stablecoins are cryptocurrencies designed to maintain their value against the US Dollar, enabling instant global transfers. 🔔 Subscribe for more episodes! #blockchain #cryptocurrencies #RealWorldImpact https://lnkd.in/eMAZwAu8

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HKMA Launches Stablecoin Issuer Sandbox Program: Fostering Fintech Innovation in Hong Kong ⭐ by Blockchain.News | Luisa Crawford 🌐 🌐 🌐 👁️ Explore CodeTentacles Technologies in depth by clicking on this link: https://lnkd.in/dPVhrPGe 💬 Don't hesitate to connect if you see potential for collaboration. 😄 Found this post interesting? ✅ Feel free to drop a comment, share it, and hit the like button! 🔔 Make sure to enable notifications at the top of my profile to stay updated with my content. 🚀 Follow and connect with me for more updates! #HKMA #Stablecoin #FintechInnovation #RegulatoryOversight #SandboxProgram #Codetentaclestechnology https://lnkd.in/gRxEyRmN

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Mitigating Risks in Tokenized Securities and CBDC Integration : Role and importance of technologies like blockchain and international collaboration as guests share case studies and lessons learned from the project. #blockchain #cbdc #tokenization https://lnkd.in/guMuvWaz

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Tokenization of Money: e-HKD and the Future of Global Money Movement HSBC Visa Stable coins , CBDC , deposit tokenisation are trending tokenized economy use cases. Hong Kong Monetary Authority (HKMA) #tokenizedmoney #tokenization

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🚀 Introducing FDI-as-a-Service! A revolutionary strategy for optimizing investment portfolios through top-down planning. 🌍 This approach focuses on developing & delivering projects efficiently, de-risking investments, and scaling for optimal outcomes. 💡 Leveraging tokenization, we provide end-to-end solutions that transform and democratize foreign direct investment in growth markets. It's time to unlock the full potential of your investments! #InvestmentInnovation #FDIaaS #GrowthMarkets #TokenizationTransforms

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Franklin Templeton Enables Peer-to-Peer Token Transfers for BENJI Tokens on Stellar and Polygon Blockchains: Franklin Templeton has made a groundbreaking move by allowing peer-to-peer token transfers for its $380 million tokenized money market fund, represented by BENJI tokens on Stellar and Polygon blockchains. The tokens are backed by government securities, cash, and repurchase agreements, offering steady yields and paving the way for future use in secondary markets trading and as collateral for loans on decentralized finance platforms. This innovation signifies a pivotal moment in the financial sector's evolution towards the tokenization of real-world assets and the seamless integration of blockchain-based assets with the broader digital asset ecosystem. The market for tokenized U.S. Treasuries has grown to $1.2 billion, with Franklin Templeton leading amidst increasing competition from newcomers, indicating the rising demand for safe yields in the blockchain space. Thank you Lorenzo Rossi for your submission!

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🔥 MUST READ🔥 Tokenization Gets Real on Singapore's Global Layer One Moonshot (Part 2) The Monetary Authority of Singapore is taking a moonshot at tokenization that will literally "change everything" for the $30tn market. Note: Part 1, link below. MAS’s bet is on Global Layer One (GL1), a new open, permissioned DLT (blockchain) network designed to host tokenized financial assets and applications for regulated financial institutions. It answers the question, “Is tokenization real?” because MAS is deadly serious.  GL1 is big, with a list of twenty-four global participants who are a veritable dream team of finance; see below. Industry associations are also now joining, showing that MAS has attracted attention and means business. They include the GFMA, ICMA, and ISDA. So what's GL1? 👉 TAKEAWAY: 🔹 The Vision: Regulated financial institutions can leverage this shared ledger infrastructure across jurisdictions to deploy inherently interoperable digital asset applications governed by common standards and technology for assets, smart contracts, and digital identities. 🔹 Motivation: The legacy infrastructure underpinning global financial markets was developed decades ago, resulting in siloed databases, disparate communication protocols, and significant costs. 🔹 Asset Agnostic: GL1’s infrastructure would be asset agnostic; it would support tokenized assets and tokenized money issued by network users from various jurisdictions in different currencies. 🔹 By Finance for finance: The infrastructure would be developed by financial institutions for the financial services industry and would serve as a platform that provides for (i) cross-application synchronization, (ii) composability, (iii) privacy, and (iv) innate application compatibility with assets. 🔹 Public Permissioned DLT: Permissioned to ensure regulated entities only. Permissionless and private networks are not welcome. 👊STRAIGHT TALK👊 Understand that Singapore’s MAS is going for a moonshot that will “fundamentally transform an asset lifecycle and how capital markets are conducted.” Singapore has attracted the world’s best talent, and failure is not an option, not just because of what it means for Singapore but for the financial institutions. The dream team of global banks are making it clear that they they want tokenization because of the potential cost savings and in Singapore, they have the perfect place to build their dreams. So where will the tokenization revolution first take off?  Singapore, no question about it. Watch as Asia leads yet another fintech revolution! What do you think? ✍️Friends, don't let friends go without comments! ♻️Reposters you are the best! Thanks so much for sharing! ---------------------- 💥 My name is Rich and I'm not tokenized yet....will I be? 🔺 #Fintech, #AI and #Tech at the speed of #Asia and #China. Like this post? 🔝 Follow me. 🚀 Click on “view my blog” 🔗 for more!

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Attending today TLDR 2024 to understand the latest developments in #DeFi #Blockchain

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We will be hosting the 5th annual SCB 10X DeFi and Web3 Virtual Summit, ‘REDeFiNE TOMORROW 2024', presented in partnership with Bloomberg on May 21-22 This event brings together renowned changemakers to share their insights and discuss the latest developments in DeFi and Web3. Free Registration: https://lnkd.in/gsG5SsDf Day 1: May 21 - Robert Leshner of Superstate - Jeremy Allaire of Circle - Uri Klarman of bloXroute Labs - Keone Hon of Monad Labs - Anton Katz of Talos - Sergey Gorbunov of Axelar Network - John Wu of Ava Labs - Yu Hu of Kaito AI - David Tse of BabylonChain Inc. - Darius Sit of QCP - Alex Svanevik of Nansen - TN Lee of Pendle - Thanh Le of Coin98 - Alon Muroch of ssv.network - Sopnendu Mohanty / 漠汉帝 / 模範帝 / सोपनेंदु / ସୋପ୍ନେନ୍ଦୁ of Monetary Authority of Singapore (MAS) - Elizabeth Wong of Hong Kong SFC - Wai Lum Kwok of Abu Dhabi Global Market (ADGM) - Konstantin Lomashuk of P2P.org (Lido) - Diogo Mónica of Anchorage Digital - BORGET Sebastien of The Sandbox - Tascha P. of INIT Capital - Ben Fielding of Gensyn - Stani Kulechov of Avara #DeFi #blockchain #cryptocurrency #web3 #decentralizedfinance

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Project Agorá moves to next phase and opens up call for private sector participation !! launched by the Bank for International Settlements (BIS), a group of leading central banks and the Institute of International Finance (IIF), is inviting the private sector to join its exploration of how tokenisation can enhance the functioning of the wholesale cross-border payments. #bis #tokenisation #cbdc Bank for International Settlements – BIS

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UNLOCKING THE SECREATS OF THE GLOBAL VC ECOSYSTEM : A SUMMIT FOR LIMITED PARTNERS AND VENTURE CAPITALISTS TO THE GLOBAL VC's ECOSYSTEM SUMMIT -------------- 💰💵 Check 1st post in features section in my profile 💵💰 -------------- #VCEcosystemSummit #VentureCapital #LimitedPartners #Investment #PortfolioManagement #GrowthStrategy #IndustryLeaders #Networking #Collaboration #Innovation #Startup #Entrepreneurship #Funding #Investor #LP #GP #VC #PrivateEquity #HedgeFund #AssetManagement #WealthManagement #FinancialServices #InvestmentBanking #CapitalMarkets #BusinessGrowth #Scaling #Expansion #Disruption #Volatility #RiskManagement #Resilience #Sustainability #ESG #ImpactInvesting #Diversity #Inclusion #Equity #Equality #WomenInVC #WomenInFinance #MenInVC #MenInFinance #VentureCapitalist #InvestmentBanker #FinancialAnalyst #PortfolioManager #InvestmentManager #AssetManager #WealthManager #FinancialPlanner #InvestmentAdvisor #VCFirm #StartupAccelerator #Incubator #CoworkingSpace #EntrepreneurialEcosystem #InnovationHub #BusinessNetworking #ProfessionalDevelopment #Leadership #Mentorship #CareerGrowth #IndustryTrends #MarketInsights #FinancialRegulations #InvestmentStrategy #RiskAssessment #DueDiligence #DealMaking #MandA #IPO #PrivatePlacement #HedgeFundManager #AssetAllocator #FamilyOffice #SovereignWealthFund #PensionFund #EndowmentFund #VentureCapitalInvesting #StartupFunding #GrowthCapital #ExpansionCapital #Buyout #Recapitalization #Restructuring #Turnaround #DistressedInvesting #SpecialSituations #EventDriven #CreditInvesting #DebtFinancing #EquityInvesting #MezzanineFinancing #GrowthEquity #VentureDebt #SeedFunding #SeriesA #SeriesB #SeriesC #IPOPrep #PreIPO #PostIPO #PrivateCompany #PublicCompany #MicroVC #NanoVC #SeedStage #EarlyStage #GrowthStage #LateStage #PrivateEquityFund #HedgeFundManager #InvestmentPortfolio #RiskManagementStrategy #InvestmentResearch #FinancialPlanning #WealthCreation #CapitalGrowth #InvestmentOpportunities #BusinessExpansion #MarketTrends #IndustryInsights #FinancialInnovation #InvestmentInnovation #VCDeals #StartupSuccess #InvestmentStrategy #PortfolioDiversification #InvestmentRisk #InvestmentReturn #InvestmentGrowth #InvestmentIncome #InvestmentManagement #InvestmentConsulting #PrivateEquityInvesting #HedgeFundInvesting #VentureCapitalInvesting #AngelInvesting #ImpactInvesting #SustainableInvesting #ESGInvesting #ResponsibleInvesting #InvestmentFirms #InvestmentCompanies #InvestmentPartners #InvestmentNetwork #InvestmentCommunity #InvestmentEvents #InvestmentConferences #InvestmentSummit #InvestmentForum #InvestmentRoundtable #StartupInvesting #EarlyStageInvesting #GrowthStageInvesting #LateStageInvesting #PrivateEquityFirms #HedgeFundManagers #VentureCapitalFirms #AngelGroups #ImpactInvestors

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#Business #Consolidation on Xrpl, Algorand & Hedera Hashgraph #LLC #Skip #Tracing #Business #Consolidation #Denarii #RealWorldAssets #RWA #XRPL #Algorand #HederaHashgraph #Blockchain #CryptoAssets #DigitalAssets #DeFi #CryptoTrading #FinTech #Tokenization https://lnkd.in/e7aGrVuq

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8 big ideas for founders from the Philosopher of Silicon Valley - Naval Ravikant. Naval Ravikant is co-founder of AngelList, a startup fundraising platform with $10B in assets supported, driving capital to 12k+ startups. Naval is recognized for his thought-provoking essays on startups, wealth creation, and personal development. I decided to do a quick summary on 8 of my favorite big ideas of Naval. Enjoy! ⭐ Avoid Macro Stress, Embrace Micro Stress ⭐ Avoid long-term, chronic stress while being okay with short bursts of intense work. Don't burn out, focus on intense work sessions followed by ample rest. ⭐ Focus on Compound Interest in Relationships ⭐ Relationships, like investments, benefit from compound interest. Building strong, long-term relationships with employees, customers, and partners can yield exponential returns over time. ⭐ Leverage Code and Media ⭐ Modern leverage is achieved through code and media, which allow you to reach millions with minimal marginal cost. Focus on building scalable products and content that can grow without proportional increases in effort or resources. ⭐ Iterate Quickly and Often ⭐ The faster you iterate, the quicker you learn and improve. Adopt a rapid experimentation mindset, constantly testing and refining their ideas based on feedback and data. ⭐ Embrace the Power Law in Venture Capital ⭐ Startup outcomes follow a power law distribution, meaning a few investments will generate most returns. Aim to be in markets with potential for outsized returns. Initial traction might be slow until you hit a big milestone. ⭐ There Are No Get Rich Quick Schemes ⭐ Building wealth takes time, effort, and patience. Focus on long-term strategies rather than looking for quick fixes. ⭐ Understand Your Circle of Competence ⭐ Focus on areas where you have a deep understanding and can excel. By staying within your circle of competence, you make better decisions and reduce risks. Expand your knowledge but operate within your strengths. ⭐ Embrace the Barbell Strategy ⭐ Combine highly safe investments with highly speculative ones. In a startup context, this means balancing stable, revenue-generating activities with riskier, high-growth opportunities. Manage risk by diversifying your efforts. ⭐ Optimize for Independence ⭐ The ultimate goal is to achieve freedom and independence. Make choices that enhance your autonomy - through financial independence, control over your time, or creative freedom. Design your ventures to maximize personal and professional independence. P.S. What are your favorite big ideas of Naval? Drop them in a comment below. ⬇️

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