Search results for "LION"
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08:11

OCBC Launches GOLDX Tokenized Gold Fund on Ethereum and Solana

OCBC launches GOLDX, a tokenized physical gold fund on Ethereum and Solana with Lion Global Investors and DigiFT, targeting institutions and Web3 participants; tokenized RWAs reach $29B on chains. OCBC, with Lion Global Investors and DigiFT, introduced GOLDX, a tokenized version of the LionGlobal Singapore Physical Gold Fund on Ethereum and Solana. The product targets institutional investors and high‑net‑worth individuals, allowing purchases with stablecoins or fiat and delivery to blockchain wallets, providing on‑chain exposure to about $525 million in gold assets. OCBC views GOLDX as a milestone linking traditional finance with the decentralized finance ecosystem to attract Web3 participants. The broader context shows rapid growth in tokenized real‑world assets, with RWAs on public blockchains exceeding $29 billion by mid‑April 2026, while gold prices traded in a tight range around $4,775–$4,831 per ounce.
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09:59

Singapore's national AI project abandons Meta and turns to Alibaba's Qwen model

PANews, November 25th - According to Shanghai Securities News, the Artificial Intelligence Singapore (AISG) has abandoned the Meta Llama model in its latest Southeast Asian language model project, opting instead for Alibaba's Tongyi Qwen architecture. As of now, the Qwen series has surpassed 600 million downloads globally. It is reported that the "Qwen-SEA-LION-v4" released by AISG on November 25th ranks first in Southeast Asian language capabilities. Previously, open source models represented by Meta's Llama series performed poorly in handling regional languages such as Indonesian, Thai, and Malay, severely limiting the development efficiency and performance of localized AI applications.
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