Latest news with #Mintlayer
Khaleej Times
29-04-2025
- Business
- Khaleej Times
Cryptocurrency: Bitcoin brings back real value at Token2049 Dubai
Speaking live from Token2049 Dubai, the biggest crypto event of the year, Crypto OGS founder Andres Meneses announced a bold new vision for Bitcoin in 2025: real assets, real utility, real value. 'Crypto is coming full circle,' Meneses said. 'We're moving past hype and speculation. Bitcoin is stepping into the real world — unlocking real assets, not just promises.' The global tokenization of real-world assets (RWAs) is accelerating, with the market projected to reach $16 trillion by 2030 according to Boston Consulting Group. In 2024 alone, tokenized RWA platforms surpassed $3.1 billion in value. Real estate — a $326 trillion global asset class — is now becoming blockchain's biggest real-world use case. While Ethereum has been the traditional leader, Bitcoin is emerging as the new foundation for tokenization, thanks to innovations like Mintlayer — a Bitcoin-native Layer 2 enabling the tokenization of real estate, equities, and more with Bitcoin's superior security and instant settlement. 'The Middle East is leading this movement,' Meneses said, pointing to Dubai and Riyadh's progressive crypto regulations like VARA. 'Sovereign wealth funds, developers, and fintech companies are now using blockchain to open real-world assets to global markets — and they're building on Bitcoin.' At Token2049, Meneses is rallying the industry to focus on real value and real adoption. 'Crypto was always meant to change the world — not just trade coins. It's time to build a financial system rooted in transparency, hard assets, and Bitcoin's hard money principles.' He ended with a clear call to action: 'Build on Bitcoin. Tokenize the real world. The future is happening now — and it's starting right here in Dubai.'
Khaleej Times
04-03-2025
- Business
- Khaleej Times
San Marino firm RBB Lab posts €6.6 million in profit in 2024
RBB Lab, a San Marino blockchain/fintech firm led by Enrico Rubboli, has pulled in €6.6 million in profits for 2024 in four years after its launch. Recently, RBB Lab played a vital role in Italy's first tokenised bond, issued by Banca d'Italia (CDP). These tokenised bonds were a fully regulated project that brought blockchain into the heart of European traditional finance. The Milan-based startup behind the operation, Realhouse SRL, received RBB Lab's technical support. RBB Lab also secured a shareholder stake alongside giants like Credit Agricole, locking in its position at the table. 'This is a definite game-changer for blockchain in Europe,' said Enrico Rubboli, CEO of RBB Lab. 'Blockchain spent a significant amount of time on the sidelines of mainstream finance, often regarded as a risky outlier. Now, it's the nerve center of the system, and we're taking full control,' Enrico added. 'It offers greater transparency, faster settlements, and lower costs—and we're only getting started.' RBB Lab, the company behind Mintlayer, provides tech solutions in blockchain and fintech, supporting decentralised finance and digital asset management. Its focus on efficient, scalable, and secure systems strengthens its impact across both industries. Through its core platform, Mintlayer, RBB Lab provides the tech that helps users tokenise real world assets — real estate, commodities, even bonds — all on its own network that is directly interoperable with Bitcoin, tying the common conventions of finance to what lies ahead. 'With Mintlayer, we focus on practical and tangible financial solutions that connect traditional assets with blockchain solutions. This approach ensures stability and long-term value,' said Enrico. 'Next on the pipeline is scaling our infrastructure across Europe, giving banking institutions the tools to integrate blockchain without complications. We at RBB Lab are working hard to continuously set trends in our niche, especially since we are backed by credible industry leaders,' Rubboli said.
