Chinese Crypto Tycoon Li Xiaolai Joins Grandshores Technology to Develop New Stablecoin

Chinese Crypto Tycoon Li Xiaolai Joins Grandshores Technology to Develop New Stablecoin

Li Xiaolai will lead a new stablecoin project after being appointed as executive director and co-CEO of Grandshores Technology. Chinese crypto mogul Li Xiaolai will lead a new stablecoin project within Grandshores Technology. The Hong Kong-listed company, which recently switched from real estate to blockchain investment, announced on Monday that it had appointed Li as…

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ChromaWay to Provide Blockchain Smart Contracts to Mercedes Owner

ChromaWay to Provide Blockchain Smart Contracts to Mercedes Owner

Blockchain technology company ChromaWay AB announced this Tuesday that it has partnered with Daimler Grund Services Gmb (DGS) – a company that deals in real estate and a subsidiary of German automotive giant Daimler AG. DGS manages Daimler’s extensive German property portfolio, which includes offices, storage and special-use facilities. The company has to manage all…

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Fintech company Calastone to shift fund network to blockchain

Fintech company Calastone to shift fund network to blockchain

Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year. London-based Calastone provides back and middle-office services to more than 1,700 firms such as JP Morgan Asset Management, Schroders (L:SDR) and…

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