The $125 billion real estate firm wants to offer blockchain-based tokens to clients but is stalled by regulation.
Real estate billionaire Barry Sternlicht is ready to tokenize assets, but says U.S. regulation blocks it
The $125 billion real estate firm wants to offer blockchain-based tokens to clients but is stalled by regulation.
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Holders voted 99% in favor of enabling transfers and exchange listings for WLFI, which has been locked-up since last year's $590 million presale.
MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal.
The deal is valued at $1.7 billion, The Information reported.
Led by Chairman Tom Lee, the company now holds 4.14 million ether (ETH), or 3.4% of the total supply.