Daily summary on October 7, 2023 #XRD $AVAX #TON $COMP $ | Phoenix Group on Binance Square

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Daily summary on October 7, 2023
#XRD $AVAX #TON $COMP $RNDR $BTC $ETH $SOL $TRB
#dailysummary #DeFi #crypto2023

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Animoca Brands launches $MOCA coin #AnimocaBrands launches #MOCA coin, has surged to a market cap exceeding $141 million. The move is noteworthy as few public companies in crypto issue their own tokens. Animoca Brands plans to go public in 2025, eyeing Hong Kong or the Middle East, but faces regulatory challenges following its delisting by the Australian Securities Exchange in 2020. Regulatory uncertainties, particularly in the US, continue to deter public companies from launching tokens despite the sector's growth.

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EU partners with ChromaWay on blockchain for sustainable solutions The #EuropeanUnion partners with #ChromaWay to advance #blockchain solutions aimed at sustainability. This decision follows ChromaWay's recent presentation at the EU Pre-Commercial Procurement final review in Brussels. The focus was on innovations in decentralized applications for Digital Product Passports and intellectual property rights. ChromaWay highlighted its proprietary relational blockchain technology, combining the flexibility of traditional databases with blockchain's secure decentralization. This collaboration underscores efforts to integrate advanced technology into sustainable development strategies within the EU.

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