News list for "dives"
Saudi real estate developer Dar Global plans to raise the majority of the project's funding by tokenizing a new Trump-branded hotel project in the Maldives and selling tokens to U.S. retail investors. Ziad El Chaar, CEO of Dar Global, said that the company will tokenize up to 70% of its luxury resort projects as its main financing strategy, leveraging blockchain technology and maximizing the distribution of token holders. Unlike models that typically tokenize real estate after it is completed.
The Trump Organization is working with a Saudi Arabian partner to build a luxury resort in the Maldives and plans to tokenize the hotel development. The Trump International Hotel Maldives project will include 80 ultra-luxury beach and water villas, developed by the Trump Organization and Dar Global Plc, the companies said in a joint statement on Monday. Dar Global is a London-listed subsidiary of a Saudi developer. The Maldives resort is planned to...
JP Morgan eyes stablecoins as U.S. legislation advances and the potential market grows.
According to the Financial Times, the government of the Maldives has signed an agreement with Dubai-based family office MBS Global Investments on May 4 to invest $9 billion to jointly develop a large cryptocurrency and blockchain center in the capital Male. The move is designed to attract foreign direct investment into the blockchain and Web3 technology sector, helping the Maldives move away from blockchain technology.
On November 26th, Kinkai Shengke announced that the company's shareholder Qilu Investment plans to reduce the company's shares by centralized bidding and block trade to no more than 3.612 million shares, accounting for 3% of the company's total share capital. Blue Zone Fund plans to reduce the company's shares by centralized bidding and block trade to no more than 3.612 million shares, accounting for 3% of the company's total share capital. Qingsong Investment plans to reduce the company's share...
The Spokesperson of the Ministry of Foreign Affairs gave a comprehensive introduction to the meeting between the Chinese and US heads of state in Lima: The two sides reviewed the course of Sino-US relations in the past four years, summed up experience and inspiration, and conducted candid, in-depth and constructive communication on promoting dialogue and cooperation, properly managing differences, and international and regional issues of common concern during the transition period of the US gove...
Sky (MakerDAO) has approved a proposal to divest $200 million of exposure to WBTC collateralized assets in five phases, the first of which will begin on October 3 and the final phase will end on November 28.
On August 5th, Buffett's Berkshire Hathaway reduced its holdings of nearly half of Apple's stock in the second quarter, sharply reducing from 789 million shares in Q1 to about 400 million shares. The overall net sale of stocks worth 75.50 billion US dollars made its cash reserves reach a record 2769.4 billion US dollars, including cash equivalents. Calculated at the current Ethereum price of 2310 US dollars (the lowest fell to 2100 US dollars this morning), the market value is about 276 billion ...
