Starts
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Teylor, which offers loans between 100,000 euros ($109,000) up to 1.5 million euros ($1.6 million) to Germany’s vibrant Mittelstand economy, is backed by investors like U.K. bank Barclays (BARC). The fintech firm offered just shy of $25 million of loans last month, its CEO Patrick Stäuble said in an interview. Source link
China’s Ministry of Public Security Starts Blockchain-Based Real-Name Decentralized Identifier System
China’s top six social media platforms, including WeChat, Sina Weibo, Douyin, Kuaishou, Bilibili, and Xiaohongshu, mandate content creators with over 500,000 or 1 million followers to publicly display their real names or those of their financial backers, state media reported in October. Source link
OpenAI CEO Sam Altman-Backed Crypto Startup Meanwhile Starts Bitcoin (BTC) Private Credit Fund With 5% Yield
“A thriving Bitcoin economy is inevitable, but to realize this future and maximize its potential, robust capital markets are essential,” Zac Townsend, co-founder and CEO of Meanwhile Group, said in the press release. “This private credit fund offers unparalleled potential for institutional investors to unlock the full value of their BTC holdings without compromising their…