5 Key Stories From The Digital Worlds
BY NABYL CHARANIA
- BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain.
- Collaboration between BTG Pactual and Dubai-based asset manager Dalma Capital, who plan to tokenize a number of traditional assets using the Tezos blockchain and smart contracts platform.
- Dalma Capital is planning to use the Tezos blockchain for digitizing assets in multiple industries, including real estate, equity, lending, as well as global sports clubs.
- Fashion-related ventures have raised billions in venture financing over the past few years to scale businesses designing, crafting and selling clothing and accessories.
- The RealReal, an online retailer of second hand designer goods, saw its public valuation rise to around $2.5 billion after shares soared nearly 50 percent in first-day trading.
- In the U.S….fashion-related investment has been trending up more…2019 is off to a promising start, with $720 million invested in roughly the first half of the year, compared to $927 million in 2018.
- Talks continue about expanding their cooperation to cover highly-automated driving within denser urban areas and in city driving conditions.
- It’s a non-exclusive arrangement, which is the new normal in autonomous vehicle technology development, where cross-manufacturer partnerships have been increasingly common.
- Daimler and BMW aim to develop a “scalable platform for automated driving” through their combined efforts, which the companies say is open for participation form both other automakers and tech providers.
- Lygon – launched with participation from ANZ, Commonwealth, and Westpac banks on July 3 – will collect and digitize data from a test group of Scentre Group lease holders across Australia.
- Hope the Lygon platform will shorten the time it takes for banks to issue guarantees, reducing that time to a day…same validation could take up to a month if being issued on paper, based on current practices.
- Lygon will offer access to the platform to all bank issuers, lease applicants, and beneficiaries…five founding members may also expand research into other industry uses.
- Estimates that Tesla sold 67,650 Model 3s in the US through June, over seven times the sales generated by the next best-selling electric vehicle, Tesla’s Model X SUV.
- Tesla took three of the top five spots among fully electric vehicles (InsideEVs also estimates sales for plug-in hybrids), with the other two spots going to the Chevrolet Bolt EV and Nissan Leaf.
- Two of the most high-profile electric vehicles that have launched in the past year, the Jaguar I-Pace and Audi e-tron SUVs, appear to be selling in relatively low numbers in the US.