MXNT tokens will initially support Ethereum, Tron, and Polygon. MXNT will join three other fiat-currency pegged tokens Tether has in the market: the US dollar-pegged USDT, the Euro-pegged EURT, and the offshore Chinese Yuan-pegged CNHT.
JPMorgan has launched a blockchain network, Liink, that allows institutions to exchange payment-related information and a token, JPM Coin, that enables clients to transfer their dollar deposits despite its CEO’s high-pitched skepticism of cryptocurrencies.
Old Fashion Research (OFR), founded in late 202, will focus on bringing greater crypto adoption to growing markets like Latin America and Africa.
The firm’s fourth and biggest so far, Crypto Fund 4 doubles the size of the company’s
previous crypto fundraised in June last year. It is showcasing that despite the ongoing turmoil, partners at Andreessen Horowitz are looking to get more exposure to promising Web3 startups.
