ChainCatcher news, according to Cointelegraph, Ripple announced an expansion of its blockchain education investment in the Asia-Pacific region, adding $5 million in funding to its university blockchain research program in six countries.

ChainCatcher news, according to official sources, Huaxia Fund (Hong Kong) announced today the launch of the Asia-Pacific's first retail tokenized fund, the "Huaxia Hong Kong Dollar Digital Currency Fund." This fund primarily invests in short-term deposits and high-quality money market instruments denominated in Hong Kong dollars, marking the official arrival of the first tokenized fund aimed at retail investors in the Asia-Pacific region.The fund reshapes the traditional fund investment model through blockchain technology, with key fund information recorded in real-time on the blockchain, ensuring that the information is tamper-proof and fully traceable, thereby enhancing investment transparency and operational efficiency. In terms of distribution channels, in addition to traditional qualified brokers and banks, licensed virtual asset trading platforms (VATPs) authorized by the Securities and Futures Commission have also been included in the distribution channels to reach a broader investor base.Huaxia Fund (Hong Kong) stated that the fund will participate in the Ensemble project led by the Hong Kong Monetary Authority, with the expectation of opening secondary market trading in the future, enabling 24/7 trading and settlement, and seamlessly linking with a broader digital financial ecosystem, compatible with various forms such as stablecoins, tokenized deposits, and digital currencies.

ChainCatcher news, Huaxia Fund (Hong Kong) announced that its Huaxia Hong Kong Dollar Digital Currency Fund has been approved by the Hong Kong Securities and Futures Commission (SFC) and is expected to officially launch at the end of February. This fund is the first retail tokenized fund in the Asia-Pacific region, aiming to leverage blockchain technology to provide investors with an innovative investment tool based on the returns of Hong Kong dollar money market funds.

ChainCatcher news, Huaxia Fund (Hong Kong) announced that its Huaxia Hong Kong Dollar Digital Currency Fund has been approved by the Securities and Futures Commission (SFC) of Hong Kong and is expected to officially launch at the end of February.This fund is the first retail tokenized fund in the Asia-Pacific region, aiming to leverage blockchain technology to provide investors with an innovative investment tool based on the returns of Hong Kong dollar money market funds.

According to ChainCatcher news and analysis from Glassnode, on-chain activity dominated by retail investors in the Asia-Pacific region is growing significantly faster than in the United States and the European Union.Since the cycle low in December 2022, the Bitcoin supply in the Asia-Pacific region has increased by 6.4% year-on-year, while the United States and the European Union have seen declines of 5.7% and 0.7%, respectively, indicating a sustained increase in demand for Bitcoin from retail investors in the Asia-Pacific region.

ChainCatcher news, according to official sources, former Asia-Pacific Executive Directors of Goldman Sachs and Morgan Stanley, Dave Sandor, has officially announced his joining of the ZK-Rollup scaling solution OpenZK Network as a co-founder to expand its business landscape.It is reported that OpenZK is the first Layer 2 solution to integrate native ETH staking, liquidity re-staking, and stablecoin staking, focusing on RWA, stablecoins, and staking sectors, and will soon launch a token airdrop program.

ChainCatcher news, Wintermute Asia recently announced that it will establish a new headquarters in Singapore, doubling its workforce in the Asia-Pacific region. The digital asset derivatives trading division of Wintermute Group stated that it is "actively recruiting top talent that is crucial for expanding the business." (Blockworks)

ChainCatcher news, according to The Block, digital asset service provider BitGo announced the establishment of a subsidiary in Singapore, aiming to expand its business in the Asia-Pacific region. BitGo Singapore will offer cold storage services for over 1,100 digital assets, while also supporting features such as voice trading, automated settlement, and token management, targeting institutional users such as foundations and protocols.Previous report, BitGo obtained a major payment institution license from the Monetary Authority of Singapore (MAS) in August this year, allowing it to legally conduct digital asset services in Singapore.

ChainCatcher news, during the Thailand Blockchain Week, the Asia-Pacific media officially established Layer East Media, a strategic alliance aimed at strengthening communication between the West and the Asia-Pacific region in Web3. The eight founding members of the alliance include HashKey Capital, Decrypt, Coinpost, Bitcoin Addict (Cryptomind Group), Coin68, PANews, Odaily, and Coinvestasi, who signed a memorandum of understanding committing to promote responsible reporting and innovative collaboration.The alliance also includes Crypto Times, Tokenpost, CoinNess, Foresight News, Blockbeats, Techflow, Chaincatcher, Blocktempo, and Wu Says Blockchain. Layer East Media will support the expansion of Web3 in the Asia-Pacific market through regional events and exclusive content, welcoming more media to join and jointly advance the APAC Web3 media network.

ChainCatcher news, Mind Network's Asia-Pacific head Leon Li confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. Mind Network is a fully homomorphic encryption (FHE) layer for AI and proof of stake (POS) networks. This layer accepts re-staked tokens from ETH, BTC, and AI bluechips, operating as an FHE verification network, bringing consensus, data, and cryptoeconomic security to Decentralized AI, DePIN, EigenLayer, Symbiotic, Babylon AVS, and many key POS networks.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with SoSo Value as a co-organizer, aiming to gather elites from the Web3 field to exchange insights on the industry, and is expected to attract over 1,000 industry elites.Additionally, the conference will unveil the RootData List 2024 annual heavyweight rankings, objectively selecting influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, Asa, the head of io.net for the Asia-Pacific region, confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. io.net is a decentralized computing network that supports the development, execution, and scaling of ML applications on the Solana blockchain, combining 1 million GPUs to form the world's largest GPU cluster. DePIN.io.net aggregates GPUs from underutilized resources (such as independent data centers, crypto miners, and crypto projects like Filecoin and Render) to address this issue. These resources are combined in a decentralized physical infrastructure network (DePIN), enabling engineers to access vast computing power in a system that is accessible, customizable, cost-effective, and easy to implement.The "DeInsight 2024" annual summit will be held on November 11 at Hotel Nikko Bangkok. This summit is co-hosted by ChainCatcher and RootData, with Soso Value as a co-organizer, taking place on November 11 in Bangkok, Thailand. The conference aims to bring together elites in the Web3 field to exchange insights on the industry, and it is expected to attract over 1,000 industry elites.Additionally, the conference will unveil the RootData List 2024, a significant annual ranking that objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, Movement's Asia-Pacific head Joe confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. Movement is a modular framework for building and deploying Move-based infrastructure, applications, and blockchains in any distributed environment.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with Soso Value as a co-organizer, and aims to bring together elites in the Web3 field to exchange insights on the industry, expecting to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024, a significant annual ranking that objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, according to Hong Kong media East Network, the Hong Kong Securities and Futures Commission (SFC) discussed regulatory guidelines for crypto assets, tokenization, and artificial intelligence with representatives from 12 Asia-Pacific securities market regulatory agencies.In addition, the Hong Kong SFC also hosted the first meeting of the International Organization of Securities Commissions (IOSCO) Asia-Pacific Committee's Supervisory Directors Network, where, in addition to discussions, there was sharing of the latest market developments and observations from the business community. A commercial bank also conducted a live demonstration of artificial intelligence applications.

ChainCatcher news, John, the head of the Ton Foundation for the Asia-Pacific region, confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with Soso Value as a co-organizer. The conference aims to bring together elites in the Web3 field to exchange insights on the industry, and it is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024, which will objectively evaluate influential individuals or organizations in the industry from a data perspective.

ChainCatcher news, digital asset trading software provider Talos Trading Inc. is preparing to double its workforce in the Asia-Pacific region over the next 12 months.The New York-based cryptocurrency unicorn, backed by A16z, has identified Asia as its primary market, benefiting from its strong cryptocurrency foundation and regulatory clarity in jurisdictions such as Hong Kong, Singapore, and Japan.The Asia region currently contributes the majority of Talos's revenue. It is reported that Talos completed a $40 million Series A funding round in 2021, led by a16z, with participation from PayPal Ventures and Fidelity Investments.