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Project Guardian explores RWAs, One-Click NFT Purchases, CZ Shifts from Binance to AI Investments
This week in web3 via NettyBytes
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ANZ Joins Project Guardian to Explore Blockchain Interoperability for Stablecoin
Australia and New Zealand Banking Group (ANZ), one of the largest banks in Australia, has joined Singapore’s Project Guardian to explore tokenizing real-world assets (RWA) and moving its Australian dollar-backed stablecoin (A$DC) between blockchains. Partnering with Chainlink Labs and ADDX, ANZ will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to test how commercial papers and other RWAs can interact across different blockchain networks. Project Guardian, launched by the Monetary Authority of Singapore in 2022, aims to improve liquidity and efficiency in financial markets through tokenization. ANZ aims to address the fragmentation in tokenized markets, which slows adoption and integration for financial institutions.
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Transak and Sequence Revolutionize Web3 Gaming with One-Click NFT Purchases
Transak and Sequence have partnered to streamline the NFT purchase process for Web3 gaming by integrating Transak NFT Checkout into Sequence Marketplace solutions. This integration allows users to buy multiple NFTs in a single transaction using fiat currency, making the process simpler and more accessible. The new feature addresses the common issues of high fees and complex onboarding that have hindered NFT adoption in gaming. Sequence’s platform aims to make Web3 gaming more user-friendly and inclusive by offering an e-commerce-like experience, enabling easy NFT purchases with credit/debit cards or bank transfers. Transak NFT Checkout also offers robust KYC options and low purchase limits, enhancing accessibility and security.
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Source: X, CZ
CZ Shifts Focus from Binance to AI Investments After U.S. Release
Changpeng “CZ” Zhao, former CEO of Binance, has shifted his focus to AI, blockchain, and biotech investment following his release from U.S. custody after a plea deal related to money-laundering charges. Although he has stepped down as CEO of Binance, CZ remains the largest shareholder, giving him substantial influence over the company. He expressed interest in slowing down and focusing on long-term, impact-driven investments, particularly in AI and education through his new initiative, Giggle Academy, which combines blockchain and AI for gamified learning. CZ’s pivot follows a larger trend of crypto companies and investors moving into AI, given its projected $15.3 trillion global economic impact by 2030. Despite stepping back from Binance, CZ’s influence in crypto and tech is expected to continue.
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