El Salvador has formally adopted Bitcoin as legal tender alongside the United States dollar. President Nayib Bukele announced that the country had purchased up to 400 BTC as of yesterday, estimated to be worth approximately $21 million.
Hong Kong-based crypto exchange Bitfinex is debuting tokenized equities and bond trading by launching Bitfinex Securities. The exchange is the new trading platform by Bitfinex, allowing its consumers to have a share in the world of traditional finance.
Sotheby’s Bored Ape non-fungible tokens exceeded its auction price expectations, as bids currently top $19 million. The company recently floated a set of 101 Bored Ape Kennel Club and 107 Bored Ape Yacht Club NFTs.
Visa has announced plans to convey cryptocurrency providers to conventional banking platforms in Brazil. Head of crypto at Visa Cuy Sheffield stated that NFTs will play an “important role” in the future of retail, social media commerce, and entertainment.
