CMT Digital

Looking forward to connecting with an amazing group of fellow GCs at the L?Suite?Crypto Offsite this week! #LSuite?#CryptoOffsite2024 https://lnkd.in/gXZS8DEC

A big thanks to our investors and partners at CMT Digital for putting together this piece on why they invested in Sodot, and more importantly for their conviction and help along the way! https://lnkd.in/d2AnMGqe

Learn how self-custodial wallet provider Tholos, launched 18 months faster, with market-leading MPC technology powered by Sodot, and key security certifications in hand.

?? Today, we're thrilled to introduce the Superstate Industry Council (SIC), a group of leading traditional and digital asset institutions dedicated to shaping our product roadmap and driving the adoption of tokenization in traditional financial services and capital markets. At Superstate, we're on a mission to modernize the infrastructure of traditional finance. With this mission in mind, the SIC aims to contribute to developing our products, including our inaugural offering, USTB, while championing the widespread adoption and category development of tokenization across the industry. ?? We welcome our inaugural 20+ member cohort: ?Anchorage Digital ?Arrington Capital ?BitGo ?BlockTower Capital ?Breyer Capital ?Circle Ventures ?CMT Digital ?CoinFund ?Cumberland ?FalconX ?Galaxy ?JST Digital ?ParaFi Capital ?Runa Digital Assets ?Tower 18 ?Uniswap Labs Learn more about the SIC :arrow ? #superstateindustrycouncil #SIC #tokenization #superstatecrypto

ANNOUNCEMENT: Januar Raises Seed Extension and Launches B2B Crypto Services Platform ?? ?? Januar has successfully closed a?Seed Extension?round, landing investments from prominent international investors including CMT Digital, Third Prime and Skyfall Ventures alongside Michael Gr?nager, Chainalysis Co-founder & CEO, and with follow-on from current investors. ???? This latest round highlights Januar's compelling status as a?compliance-first licensed payment institution?dedicated to servicing crypto and web3 native businesses. “I am tremendously excited to share the news about our latest fundraise that will fuel our international expansion and drive profitability, further establishing Januar as a key player in the crypto space. This is a critical step in our journey, and we're excited to use these resources to create an even better experience for our users. At Januar, we are committed to providing trusted and seamless fiat-to-crypto conversions, and our new crypto services are a testament to that commitment.”??says?Simon Ousager, co-CEO and Founder at Januar. “We are thrilled to be investing in Januar. The crypto ecosystem is notoriously underbanked, and Januar fills an important gap by servicing compliant crypto businesses with the critical financial services they need to operate. We believe a major hurdle to being successful in this space is a high degree of compliance and a regulatory focus, and we believe Januar is hyper-focused on these points. Moreover, Januar’s innovative one-stop platform integrates fiat and crypto operations, marking a significant step towards redefining banking and payments in the crypto sphere.”?says?Sam Hallene, Investor at CMT Digital. From the Januar team: Thank you to all new and existing investors ?? Get the full picture with insights from Sam Hallene (CMT Digital), Christian Kaczmarczyk (Third Prime) and Espen Malmo (Skyfall Ventures) on why they invested in Januar. https://lnkd.in/d86vpPyQ

After 13 months of building, today we are releasing Portfolio — the newest product from our team @ CoinLedger. This marks the first major new product launch since our flagship tax reporting suite debuted in 2019. 4 reasons why we decided to build this: 1. User demand We’ve heard the demand loud and clear from our 500,000+ users: In addition to tax reporting, users want a simple, free way to track their portfolio of assets held across all of their wallets. The CoinLedger platform now does exactly that. 2. Drive up Daily Active Users (DAU) Most individuals only need tax reporting ~once per year. This means the average user only logs into CoinLedger a few times during the year. Meanwhile, market participants are monitoring the price movements of their portfolios every day. By integrating Portfolio tracking with our tax reporting engine, CoinLedger can become the hub to monitor gains, losses, and holdings on a daily/weekly basis. 3. Increase top of funnel As a proxy for market size and demand, let’s look at organic search engine data. The keyword “Crypto tax software” is searched ~2,900 times per month adjusted for seasonality as reported by Ahrefs. “Crypto Portfolio Tracker” is searched ~3,400 times per month. This crude method points to comparable market demand for these products. By rolling out our Portfolio Tracker, we can capture the market demand for portfolio tracking in addition to tax software and, overtime, double the number of people coming into the CoinLedger funnel every day. 4. Reduce churn Consumer financial products are often associated with high annual churn rates. By rolling out our free portfolio tracking product, we are creating a “stickier” user experience as individuals begin to track their holdings through CoinLedger every day/week/month. Once tax season rolls around, it’s that much simpler for a user to stick around and purchase tax reports. — Prior to rollout, we have A/B tested this product across tens of thousands of our users. All data from those tests are proving these hypotheses true thus far. We’ll have to see how things look one year from now!

This is THE only no-code game dev platform for web3 ?? ?? Deploy smart contracts ?? Launch in-game marketplaces with enforced royalties ?? Customize wallets In minutes. Not months. ??Lvl 1000 achieved ?????? #SequenceBuilder is HERE ? ???? https://lnkd.in/gHbCNBRN ???Watch the full video ?????https://lnkd.in/gHnCrykn

IT JUST HAPPENED: the Bureau of the Treasury of the Philippines have put Treasury Bonds on the blockchain. To be sure, this maiden issuance will be the first of many, particularly in countries where blockchain technology solves real-world problems. This effort ushers in a world of possibilities, not only for capital market participants driving tokenization efforts everywhere, but also for the average Filipino, whose journey to investing and growing their wealth just became a whole lot safer and easier, starting with as little as PHP 500 (under USD 10). This would not have been possible without the pioneering efforts of the Department of Finance, Secretary Benjamin Diokno; Bangko Sentral ng Pilipinas Monetary Board Member Lea De Leon; Deputy Treasurer Erwin Sta Ana, Mark Hong, and his team; our regulators, TRISD Mhel Plabasan, Securities and Exchange Commission, Philippines Kelvin Lester King Lee, who are champions of innovation and financial inclusion; partner banks LandBank of the Philippines President Lynette V. Ortiz, and Development Bank of the Philippines President Mike de Jesus. 5 years after having started PDAX, we remain as excited as ever in providing safe and easy access to digital assets and cryptocurrencies, with our partners GCash (Mynt - Globe Fintech Innovations, Inc.), UnionBank of the Philippines, and leading the way in crypto-remittances. Lastly, a big thank-you to the amazing human beings behind PDAX who made this happen, led by JV Pineda, Kenneth Chua, Benjy Concepcion, Michelle Regala Niebres Franz Palngipang, Miguel Antonio Reyes, Kyle Isaac Kua, CFA and Dodge Ronquillo; and partners who have guided our efforts over the years, BEENEXT Dirk Van Quaquebeke, Oak Drive Ventures, Inc.; Cadenza Kumar Dandapani, Max Shapiro, CFA, CPA; Ripple, Eric Jeck; UBX John Januszczak; CMT Digital, Sam Hallene; Draper Dragon; Carl Nicholas Ng https://lnkd.in/g7XyGib9