Top

NuriFlex Holdings partners with Catalyx Exchange to explore security tokens and RWAs

Web3 & Enterprise·November 06, 2023, 7:54 AM

NuriFlex Holdings Inc., the Canadian parent company of South Korean IoT solutions provider NuriFlex Co., Ltd., has recently signed a memorandum of understanding (MOU) with the Canadian cryptocurrency exchange, Catalyx. According to a report by the Korea Economic Daily, this collaboration is designed to facilitate both entities’ entry into the markets of security token offerings (STOs) and real-world assets (RWAs).

Photo by Chris Liverani on Unsplash

 

NuriFlex Group’s diverse portfolio and industry experience

With a 30-year track record, NuriFlex Group has supplied global utility companies with robust software platforms designed for handling vast amounts of data. Beyond this, the group manages an array of services, including blockchain-based digital payments, a social dating metaverse known as NuriTopia and Web3 wallet services. Furthermore, NuriFlex Group has established a business network to support central bank digital currency (CBDC) initiatives in Central and South America as well as Africa. Leveraging its longstanding industry presence and extensive connections, NuriFlex Group strives to venture into the sectors of STOs and RWAs.

 

Canadian crypto exchange since 2019

Meanwhile, Catalyx Exchange, established in 2019 and headquartered in Calgary, Alberta, is known to have the management and technological expertise necessary to operate trading platforms for security tokens and RWAs.

An official from NuriFlex Group conveyed their enthusiasm for the partnership, emphasizing their collective goal to lead the way in innovation. They intend to jointly launch a platform that is not only secure and efficient but also fully compliant with the laws and regulations of the country in which they operate.

A representative from Catalyx also shared a positive outlook, noting that the exchange has been gearing up to branch out into the STO and RWA sectors for several years. They expressed their pleasure at having the opportunity to collaborate with NuriFlex Holdings on this venture.

More to Read
View All
Web3 & Enterprise·

Jan 05, 2024

Wemade to onboard dance and play rhythm game Ritmi to WEMIX PLAY

Wemade has agreed to onboard Ritmi – a blockchain-based, Free-to-Play dance and rhythm mobile game built by UAE-based game developer Ritmi Games – onto its blockchain gaming platform WEMIX PLAY, according to an official Medium announcement on Friday (KST). It will be the first game of its kind in the WEMIX ecosystem.Photo by Kelli McClintock on UnsplashRhythmic funIn Ritmi, players can earn points by following the motions displayed on the screen in time with the music playing in the background. The game offers engaging and entertaining content like customizable avatars, personal music collections and dance battles. “We are pleased to partner with Wemade as pioneers in the gaming industry. We believe that together Wemade and Ritmi can sound harmonious in the gaming market,” said Ritmi Games CEO Kate Koroleva. Wemade’s global expansionThis rides on the coattails of Wemade’s recent efforts to expand its presence in the UAE. Last month, it became the first South Korean gaming company to form a partnership with the Dubai International Financial Centre’s (DIFC) Innovation Hub, where it plans to establish a WEMIX Play Center. It also partnered with the Dubai Chambers to contribute to advancements in the global Web3 and gaming industry.  On a broader scale, Wemade has been consistently securing partnerships with various developers in other regions as well, including North America, Europe and Asia. 

news
Web3 & Enterprise·

Nov 14, 2023

Conut teams up with Foblgate to provide trendy crypto news to exchange users

Conut teams up with Foblgate to provide trendy crypto news to exchange usersSouth Korean cryptocurrency exchange Foblgate announced on Tuesday (local time) that it will collaborate with Korean cryptocurrency newsletter Conut to bring relevant news about virtual assets to a wider audience, providing readers with richer and more informative content.Photo by Markus Winkler on UnsplashPublishing entertaining and insightful crypto newsLaunched in 2021, Conut is dedicated to providing crypto news in a way that is fun, straightforward and appealing to younger demographics, considering that crypto is more popular among younger age groups. It simplifies complicated topics like Play-to-Earn (P2E) games, the metaverse, cryptocurrency regulations and spot bitcoin exchange-traded funds (ETFs) using trendy memes and internet vernacular instead of formal language. Currently, the newsletters are available on the official Conut website or via email subscription, which has accumulated over 8,000 subscribers as of this month. In the future, Conut plans to launch a mailing service as well as a P2E app called Coquiz to increase accessibility and reach more people who are interested in crypto and blockchain.Through this newest collaboration with Foblgate, content from Conut’s recent newsletters will be featured on Foblgate’s main page, providing users with access to a wealth of information on a wide range of topics, from crypto basics to the latest trends.“By making Conut’s content easily accessible to our users, we intend to promote a better general understanding of blockchain and resolve information asymmetry. We plan to explore and offer more content in the future for our users to take advantage of,” said Foblgate CEO Ahn Hyun-jun.The founders of Conut, Lee Choong and Jo Hana, also expressed their anticipation for the collaboration, stating that it would be a great help in disseminating quality content.Nurturing creativityFoblgate has been an active proponent of content production and promotion. Earlier this year, the exchange co-hosted the Self-Made Genius Contest — a contest for exploring creative projects in traditional and digital art.

news
Web3 & Enterprise·

Sep 14, 2023

Xangle Joins Com2uS Group’s Blockchain Mainnet XPLA as Validator

Xangle Joins Com2uS Group’s Blockchain Mainnet XPLA as ValidatorCrossAngle, the operator of the virtual asset analysis platform Xangle, said Thursday that it has joined Com2uS Group’s blockchain mainnet XPLA as a validator.Photo by Shubham Dhage on UnsplashIn crypto, validators are entities in Proof of Stake (PoS) blockchain networks who operate nodes and contribute to the network’s maintenance and security by validating new transactions.Xangle will participate as a validator in the XPLA mainnet, contributing to the security and well-being of the blockchain ecosystem.About XPLA and XangleXPLA is a global mainnet that offers multiple services like a non-fungible token (NFT) marketplace, a metaverse, and entertainment services. It has partnered with many leading Web3 companies from around the world, including Com2uS Holdings, Oasys, Animoca Brands, Yield Guild Games, Blockdaemon, Cosmostation, and more. Xangle has now joined as a validator, adding its name to the list.Xangle is a major platform providing research and analytics on virtual assets. It aims to address information asymmetry within the blockchain ecosystem and promotes the mass adoption of Web3.Xangle and XPLA have consistently worked together to cultivate the popularization of Web3 and create a transparent and well-maintained blockchain ecosystem. Xangle had previously participated as a partner company in the Beyond Boundaries Web3 hackathon co-hosted by XPLA and Oasys last month following XPLA’s adoption of Xangle’s on-chain analytics service in April.Xangle’s innovative solutionsXangle is also set to launch blockchain data-based corporate solutions catered to virtual asset and Web3 businesses later this year. One of these solutions, dubbed “Explorer,” will allow search and analysis of on-chain data generated within blockchain networks. The company also announced that it will launch the beta version of Xangle Beacon — a comprehensive service to help Web3 companies operate, manage, and scale their services.

news
Loading