GK8, a cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking clients with institutional-grade blockchain solutions. The partnership centers around GK8’s enterprise-grade custody solutions, which will become available to Securrency’s clients as the fintech company builds its tokenization infrastructure. Securrency’s main focus is tokenizing real-world assets such as stocks, commodities and other securities. Dan Doney, co-founder and CEO of Securrency, described GK8 as the “most secure custodial solution in the market,” adding: “GK8’s design provides all-around protection and functionality for enterprise-grade clients. By adding the GK8 custodial solution to our network, we can now make …

FTX is launching a nonfungible token (NFT) platform centered on sports and entertainment and has also stitched up a new sponsorship with professional esports league the League Championship Series LCS. According to Variety, FTX US is teaming up with Dolphin Entertainment to create a “large scale” NFT marketplace that will target brands within the sports, entertainment, gaming, esports and charity industries to name a few. We're beyond excited to team up with Dolphin Entertainment to create an NFT marketplace for major sports and entertainment brands—including film, television, music, gaming, eSports, culinary, lifestyle and charity industries. Dolphin Entertainment FTXhttps://t.co/RgKXuWfViF — FTX …

The decentralized computing power-sharing network Golem has partnered with software firm Allchemy for a program exploring the origins of life on Earth. The program, called LIFE@Golem, harnesses Golem’s computing power in an attempt to recreate billions of chemical reactions and molecular bonds to trace how the first forms of life could have started on the planet. Working with Allchemy — no apparent connection to blockchain developer Alchemy — Golem’s infrastructure makes it possible to simulate far greater numbers of molecules. “Although research in this arena is decades-old, it has never been conducted on similar scales, boosted by a state-of-the-art computerized …

Socios, the blockchain-based platform that has tokenized many sports franchises worldwide, has partnered with the National Basketball Association’s Cleveland Cavaliers. In a Monday announcement via blockchain-based sports platform Chiliz, Socios said the Cavaliers’ practice jerseys would prominently feature its logo this upcoming season, scheduled to begin later in the year. The platform also said it was currently in the review and development phase on “fan engagement elements” for the team, potentially referring to tokens or digital collectibles. “This is the start of an exciting partnership that we believe can eventually lead to greatly enhanced fan engagement for fans of the …

The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital currency pilots. Kakao’s Ground X won the Bank of Korea’s central bank digital currency (CBDC) tender, becoming the principal technology supplier for blockchain-based digital won simulations, local news agency Korea JoongAng Daily reported Tuesday. The central bank announced that Ground X will participate in the South Korean CBDC project in cooperation with United States-based blockchain company ConsenSys as well as other Kakao affiliates like KakaoBank and Kakao Pay. Focused on infrastructure and decentralized applications for the Ethereum …

English Premier League stalwart Arsenal F.C. is launching a new fan token in partnership with Socios, giving its supporters the ability to influence club decisions and access team-related content. The partnership makes Socios the main digital meeting place for Arsenal’s fanbase, according to a Monday announcement from Chiliz, the exclusive blockchain of the Socios platform. By holding AFC Fan Tokens, Arsenal fans will have “countless engagement opportunities” with the club, Chiliz said, including “the chance to influence the club in a series of interactive polls across a variety of decisions every season.” No timetable was given for the launch of …

The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode. In a Friday announcement, the Pontem Network said it would be working with Pinknode to provide node infrastructure through the Polkadot ecosystem. The network is aimed at allowing developers to use a Polkadot parachain as a testing ground for their ideas before submitting them to the Diem blockchain. According to Pontem founder Boris Povod, the partnership will help improve Polkadot’s current infrastructure as Pinknode provides “reliable and secure API endpoints.” The network added that Pinknode’s code would allow Polkadot developers to …

French video game developer Ubisoft is furthering its blockchain ambitions by joining the Aleph.im network in the capacity of channel node operator, setting the stage for further collaboration with the distributed cloud platform. As a core channel node operator, Ubisoft is contributing to Aleph.im through staking, validating and managing the decentralized network. While all nodes are able to join the network, its status as core channel node activates only after it has staked 500,000 ALEPH tokens. Jonathan Schemoul, founder and CEO of Aleph.im, said the company’s “primary mission is to make decentralized cloud services a reality.” “At Ubisoft, we believe …

Terra, an algorithmic stablecoin platform for savings, investments and payments, is joining forces with the Harmony blockchain to pursue new DeFi initiatives focused on programmable money and other so-called financial primitives. Under the new partnership, which is described as a “deep integration” initiative, Terra will integrate Harmony on its Shuttle Bridge platform, a web front-end that allows users to send Terra’s UST stablecoin across supported blockchains. “This paves the way for UST to migrate to Harmony and to be used on applications in the Harmony Ecosystem,” Peter Abilla, Harmony’s VP of marketing, said in a Tuesday announcement. TerraUSD is currently …

The soccer world continues to seek out new revenue models amid the coronavirus pandemic, which saw the suspension of league matches in some countries, and new partnerships form to find sustainable answers in the digital space. Representing soccer clubs playing in the Süper Lig, Turkey’s primary soccer league, the Turkish Union of Clubs has partnered with fan engagement platform Socios.com to promote innovation in the country’s soccer landscape, according to a July 1 announcement. “Few countries in the world match the unique passion that Turks feel for the game of football,” Socios and Chiliz CEO Alex Dreyfus told Cointelegraph: “This …

Cryptocurrency exchange Crypto.com has announced it will partner with Formula 1 in its racing series this year. In an announcement today, Formula 1 said Crypto.com would be the new global and inaugural partner for its 2021 Sprint series, scheduled to begin on July 17. As part of the agreement — which CNBC reported to be $100 million — the exchange will become the racing series’ official cryptocurrency sponsor and nonfungible token, or NFT, partner. “We will rely heavily on [Crypto.com’s] expertise as we explore the world of cryptocurrency, an area we are very interested in, and this will be the …

Digital asset exchange platform Crypto.com has opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a Monday announcement. The partnership between Crypto.com and Circle enables users in over 30 countries to deposit dollars from their bank account and receive USD Coin (USDC), a popular dollar-pegged stablecoin at a one-to-one ratio. Crypto.com’s trading platform has over 50 pairs with USDC, which means that user will be able to buy Bitcoin (BTC), Ether (ETH) and other cryptocurrencies with their stablecoins. Dollar withdrawals will be enabled in the near future, the announcement reads. …