Pirating pioneer Napster sells for $207M with plans for music metaverse

Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse.  Infinite Reality said in a March 25 statement that Napster would offer “branded 3D virtual spaces” to allow virtual concerts and “social listening parties” along with the ability…

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CME Group taps Google Cloud for pilot asset tokenization program

US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. CME has begun integrating GCUL to improve capital market efficiency and wholesale payments, the company announced on March 25. CME Group Chairman and CEO Terry Duffy…

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How to bridge to Solana

Key takeaways Bridging assets to Solana allows you to diversify digital assets across chains and access Solana’s Web3 benefits, which include DApps, DeFi and NFTs. Decentralized bridging platforms like Portal provide an efficient way to bridge to Solana from multiple blockchains. You can connect your wallets and transfer in minutes. Centralized platforms like OKX and…

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$52M Canadian commercial property tokenized by Polymesh, Ocree Capital

Securities dealer Ocree Capital has launched a regulated real estate platform in Canada, giving investors access to tokenized shares of commercial property on the Polymesh blockchain. The new Ocree platform debuted on March 24 with a $51.9 million commercial real estate listing in Winnipeg, Manitoba. The featured property is a Class “A” multi-residential development with…

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Retail investors will dominate the crypto markets

Opinion by: Hatu Sheikh, founder of Coin Terminal Crypto began its journey with Bitcoin (BTC) — the epitome of decentralization — promising open access and equitable distribution of financial resources. It evolved into starkly different territories, where lucrative market opportunities are often inaccessible for retail investors. Wealthy individuals, high-net-worth family offices, company insiders and venture…

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