Crypto.com Partners with DMCC for Tokenization

Summary

The Upside community is informed that Crypto.com has partnered with the Dubai Multi-Commodities Centre (DMCC) to explore blockchain applications for the global commodities trade. This collaboration aims to advance the tokenization of commodities and establish infrastructure for next-generation digital trade. This is significant as it pushes tokenization further into the traditional commodities market.

Crypto.com is partnering with Dubai Multi-Commodities Centre (@DMCCAuthority) to explore new blockchain-enabled applications to strengthen the global commodities trade.

The agreement will push tokenisation deeper into the global commodities market and lay the groundwork for next-generation trade infrastructure.

We are proud to work with DMCC as it helps Dubai’s business sector thrive.

Read more here: https://crypto.com/en/company-news/dmcc-and-cryptocom-strike-partnership-to-advance-commodities-tokenisation-and-digital-trade-infrastructure

Image available on Discord

The latest from The Upside

DeFi+L1L2 Update: Ethereum, Drift, Ethena

DeFi+L1L2 Update: 🔽 Ethereum’s share of non-USD stablecoin supply fell to 65% 🚨 Drift Protocol suffered a $280 million exploit 🤝 Ethena partnered with Anchorage …

Crypto.com Supports DAI to USDS Token Swap

🚨 Crypto.com is supporting the Dai ($DAI) token swap and rebranding to USDS ($USDS) 🚨 ✅ Trading, deposits, and withdrawals of DAI will remain available …

BTC App Campaign Earn US$10 in BTC

The BTC App Campaign is in full swing ✨ Grow your $BTC balance for a chance to earn US$10 in BTC 🎁 🏅 Top 2,000 …