Mastercard to Start Testing Multi-Token Network, OKX’s Volume Exceeds $3BN

Mastercard Launching Multi-Token Network

• Mastercard announced their Multi-Token Network (MTN) which is designed to make transactions within the digital asset and blockchain ecosystems secure, scalable, and interoperable.
• The beta version of MTN will be available in the UK this summer, with plans to expand access into additional markets around the world.
• Beginning this summer, financial institutions, fintechs, and central banks can start testing applications powered by tokenized bank deposits on MTN.

OKX Exceeds $3BN in Trading Volume

OKX’s Liquid Marketplace recently exceeded $3 billion in trading volume following the launch of its ‚Nitro Spreads‘ feature. Selected institutional clients have early access to this feature while wider access will be available starting July 5th.

Binance’s Institutional Clients Remain Optimistic on Crypto

Binance Research and Binance VIP & Institutional released the findings from their Institutional Crypto Outlook Survey which showed that 88% of respondents had a positive sentiment on crypto assets for the next decade. It also showed that 63.5% of surveyed users had a positive outlook on crypto assets over the next 12 months, believing that more real-world use cases and improvements in regulatory clarity would drive adoption over higher prices.

Typeface Offers AI Creation Platform

Typeface offers a generative AI creation platform for ecommerce stores looking to personalize product recommendations for customers based on their preferences or past purchases. The AI technology helps merchants automatically optimize customer experiences and increase sales using predictive algorithms that learn from customer behavior data points collected throughout their journey with an ecommerce store.

Conclusion:

This article discussed how Mastercard is launching its Multi-Token Network as well as how OKX has exceeded $3 billion in trading volume following the launch of its Nitro Spreads feature. It also highlighted Binance’s research survey showing optimistic sentiments towards cryptocurrency among its institutional clients as well as Typeface’s AI creation platform for ecommerce stores looking to personalize product recommendations for customers based on data points collected throughout their journey with an ecommerce store.