Lookonchain APP

App Store

Japanese MUFG Bank is planning to sell tokenized real estate products to investors

4 hours ago

On July 27th, the trust banking arm of Japan's MUFG Bank, Mitsubishi UFJ Trust and Banking Corporation, has purchased a high-rise building in Osaka City for more than 100 billion yen (approximately 6.81 billion USD). The trust bank intends to tokenize the building and sell the digital securities to retail and institutional investors. The product will be provided to institutional investors in the form of a private real estate investment trust (REIT) for life insurance companies.
Relevant content

Point of View: The GENIUS Act is Driving Stablecoins Towards Payment Applications, Potentially Spawning a Wave of "Killer Apps"

On July 27th, Fabian Dori, the Chief Investment Officer of Sygnum, stated that the GENIUS Act will bring about a transformation in the stablecoin landscape. This will prompt issuers to shift from a yield-oriented model to a payment use case. The revised bill makes a clear distinction between interest-bearing stablecoins and payment-use stablecoins, bringing the U.S. framework closer to the EU's MiCA regulation and laying the foundation for a "global consensus." Dori believes that regulatory clarity will stimulate institutions to develop innovative "killer applications," thereby generating a whole new demand for payment services. (Cointelegraph)

6 minutes ago

Director of the Office of Management and Budget: Trump's only requirement for the Fed is rate cuts

July 27th: Vought, the acting director of the United States Office of Management and Budget, stated that Trump's sole requirement for the Fed is to lower interest rates, and Trump is seeking a Fed chair who does not fall behind the economy. (Hibor)

6 minutes ago

Letsbonk's leading edge continues to expand, with the tokenomics of the last 24 hours showing an almost 8x increase in the graduation token count for pump.fun.

On July 27th, based on the Jupiter Data Dashboard, within the past 24 hours, Letsbonk, a Solana-based token launchpad, has achieved a market share of 81%, outpacing pump.fun with 12.7% and further widening its lead. Moreover, according to Dune Analytics, in the past 24 hours, the Letsbonk platform has launched 163 graduation tokens, which is 7.76 times the number of graduation tokens on the pump.fun platform (21 tokens).

6 minutes ago

Vitalik retweeted the "Ethereum 10 Years of Zero Downtime, Zero Maintenance" tweet.

On July 27th, Vitalik Buterin retweeted on the X platform: "Ethereum has been continuously online for ten years with zero downtime and zero maintenance. In contrast, Facebook was down for 14 hours. Cloudflare abandoned 19 data centers. Other Layer 1 networks have encountered multiple issues. Ethereum will never cease. Whether it's a fork, a crash, a bubble, a lawsuit, a hack, or any other dramatic event that the internet may bring about, despite bank failures and the need for server patches, Ethereum continues to operate."

6 minutes ago

Believe Founder: Full details of the Ecosystem Flywheel Mechanism to be Announced Tomorrow

On July 27th, Ben Pasternak, the founder of the token issuance platform Believe, stated on the X platform, "For a currency to achieve long-term success, it requires a flywheel. Believe allows any creator to effortlessly integrate it into their token." "Full details will be disclosed tomorrow." Perhaps due to this news, LAUNCHCOIN rebounded by more than 18% today, and its market value is now $95.45 million.

6 minutes ago

Michael Saylor has released Bitcoin Tracker information, hinting at a potential BTC accumulation strategy.

On July 27th, the founder of Strategy, Michael Saylor, once again released information related to the Bitcoin Tracker and stated, "It all started with a quarter billion in bitcoin."
Following the typical pattern, Strategy always discloses information about its additional Bitcoin purchases on the day following the release of relevant news.

6 minutes ago