Venice Court awards Quantum Blockchain €6.1M in landmark case

Quantum Blockchain Technologies has announced a significant legal development concerning its subsidiary, Clear Leisure 2017 (CL17).

On 10 June 2024, the Court of Appeal of Venice adjudicated judicial appeals made by CL17 in a lawsuit against former directors and statutory auditors of Sipiem in Liquidazione (Sipiem).

The court confirmed the majority of damages awarded to CL17, as announced on 1 November 2022. One of the ex-directors' liability was slightly reduced by...

Brickken joins the first-ever PwC scale tokenisation & digital assets program 

Brickken ($BKN), a specialist in the real-world asset industry, has been selected to participate in PwC’s Scale | Digital Assets program, a collaborative initiative with GrowthBuilders.

This follows a recent expansion towards Coinbase’s L2 Network and its first institutional client in the form of a venture capital fund based in Germany, further cementing Brickken’s aim at accelerating institutional adoption. 

The PwC Scale program is tailored to expedite the...

Tokenovate collaborates with Land Carbon to design tokenised high integrity carbon credits

Tokenovate, a trading lifecycle management platform company, has collaborated with Land Carbon, a UK developer representing multiple peatland carbon management project owners.

This project exemplifies Tokenovate's strategic focus on the carbon credit space with respect to streamlining and optimising the end-to-end carbon credit transaction lifecycle, including asset creation, tokenisation, custody and trading. Specifically, the collaboration will seek to enhance the value of...

Proofworks launches to unlock a new era of digital transformation in the spirits industry

London-based Proofworks has been launched with a proprietary SaaS solution to digitalise the entire spirits supply chain, from production, maturation and bottling, to customer engagement and digital ownership.

Combining user-friendly solutions with the latest in powerful Web3 technologies, the Proofworks platform aims to surface previously unseen data and insights, allowing for optimisation and transparency at every stage of the product journey.

This is a key time for...

Coincover launches Protected Co-Signing for ultimate transaction protection

Coincover, a blockchain protection company, has launched its Protected co-signing product to further reduce the risk in digital asset transactions.  

The new service adds an additional layer of protection onto the existing co-signing model within digital asset custody. While the emergence of multi-sig wallets allowed different parties to share custody and reduce risk of loss from disaster scenarios, the addition of Coincover’s proprietary technology into the co-signing model...

Foxtons first estate agent to digitise lettings & sales

London's largest lettings and sales estate agent brand, Foxtons, claims to have become the first estate agent to completely digitise the home selling process, thanks to the launch of its latest partnership with innovative consumer app Home and Coadjute. 

It has been a busy few years for Foxtons since Guy Gittins returned to the company as CEO, helping the firm to regain its position within the market as London’s number one estate agency brand*, not to mention the UK’s fastest...

Merlin Chain ‘sets new standard’ for blockchain security with chain architecture

Merlin Chain, a specialist in Bitcoin-native layer 2 (L2) protocols, has rolled out a comprehensive suite of security measures alongside what it describes as revolutionary chain architecture.

This initiative follows the platform's remarkable achievement of securing a $3.5 billion Total Value Locked (TVL) just 30 days after its mainnet launch, attracting an impressive cohort of over 200 projects to its rapidly expanding ecosystem.

At the heart of Merlin Chain's ethos is...

Archblock launches new fiat-backed stablecoin

Archblock Stablecoins has launched 1USD, a new fiat-backed stablecoin anchored to the US Dollar.

The company said the stablecoin stands as a testament to its own technology, which it claimed is revolutionising the exchange medium, offering frictionless and secure transactions across borders and empowering seamless global commerce. Renaissance Ambition AG, a subsidiary of Archblock, is the issuer of 1USD and the stablecoin will initially be available on Ethereum...

Apex Group harnesses blockchain to open up access to global private market funds 

A collection of Sterling notes.

Apex Group has become the first transfer agent and fund service provider to administer regulated securities, using blockchain as the book of record.

This ground-breaking approach enables global private market funds to access a more diverse and significantly larger pool of qualified investors. 

In partnership with Hamilton Lane and Sygnum Bank, Apex Group created a new digital share class of the Hamilton Lane GPA fund, and a DLT registry, to automate and integrate...

Rightmove and major banks invest in Coadjute to ‘transform UK property market’

Lloyds Banking Group, Nationwide, NatWest and Rightmove have made a strategic investment in Coadjute, the London-based property technology business.

This is the first time that the UK’s three largest mortgage providers have come together to fund a PropTech.

Lloyds Banking Group, as lead investment partner, has invested £3 million as part of a £10 million funding round to support Coadjute’s long-term ambition to revolutionise the UK housing market and offer home...