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Myriota Secures $50M Funding Myriota has successfully raised $50 million in funding for its direct-to-orbit satellite connectivity solutions aimed at the Internet of Things. This funding round took place on December 19, 2024. For more details, visit Myriota. #Myriota#Funding#Satellite#IoT#Connectivity#SpaceTech#DirectToOrbit#Investment#TechNews#Telecommunications

🚀 Stablecoin Joint Venture Model Dominated by Banking Sector A joint venture in the stablecoin sector is primarily led by the banking industry. According to PANews, Standard Chartered Bank (Hong Kong) holds a 50.5% stake, making it the majority shareholder. Animoca Brands owns 37.5%, while Hong Kong Telecom indirectly holds 12% through Quality Champion Limited. This structure reflects a model where the banking sector leads, with support from technology and telecommunications. #Stablecoin#JointVenture#BankingSector#StandardChartered#AnimocaBrands#HongKongTelecom#Telecommunications#Technology#Banking#Blockchain