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What’s the NFT game Tencent & Alibaba Rush into?

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In June 2021, Alibaba and Dunhuang Arts Institute jointly released two NFTs, Dunhuang Flying Sky and Nine Color Deer App skins, which were limited to 16,000 in the world. The works were looted as soon as they were released.

On June 26, 2021, NetEase and Nervina Labs released their first NFT work on Taobao.

On August 3, 2021, Chinese tech giant Tencent’s  NFTs trading platform -Huanhe launched 300 copies “Vinyl Record NFT” authorized by TV program “Thirteen Invitations”, and sold out instantly.

Chinese giants’ capital is vying to chase, and it’s so fierce. So far people can’t help asking, what is NFT?

Meet NFT

NFT is short for Non-fungible Token,which is relative to the concept of Fungible Token (FT), each NFT has a unique and only identification, which is not interchangeable, and the smallest unit is 1 and indivisible.

Generally, BTC, ETH, etc. we familiar with are Fungible Token. For example, BTC everyone owns is same, it’s interchangeable with each other, can also be divided into 0.1, or 0.01 without affecting the value and use.

NFT represents indivisible and non-interchangeable items in reality, such as a real estate certificate, a famous painting, a piece of game equipment and so on. They are all unique, and completely lose their value and practicality after being divided. The most typical are collectibles and artworks. These products with non-fungible genes are digitized and tokenized using blockchain technology, and they have become popular NFTs today.

NFT is one and only

Economics stipulates that currency is a unity equivalent and a carrier of consensus on value. In modern society, personal wealth is no longer measured by currency holdings, but includes the value and quantity of assets under his name. Its assets include but not limited to items with market value such as houses, cars, stocks, etc. In most case, the value carried by an asset often far exceeds the value of the cash value they hold. However, real assets have two major shortcomings: poor liquidity and high cost of confirmation. For example, the determination of the right of a house needs to rely on the registration of the Housing Management Committee to determine the ultimate ownership of the house.

But in the blockchain world, the assets we currently have are BTC, ETH with currency attributes. After meeting demand for monetary assets, a value medium of non-monetary assets will naturally emerge, and this is NFT. Relying on the decentralization, immutability and cryptographic authentication of the blockchain, NFT solves a series of problems of real assets:

• The asset is unique and cannot be faked

• Strong liquidity, real-time trading;

• Cryptography is the confirmation and cannot be tampered with.

In addition, NFT also has features that cryptocurrency does not have. Its unique features can be used for identity certification, item ownership certification, virtual props, etc. NFT makes crypto assets more practical, enabling users to expand the utilization of valuable assets in the form of NFT, and is protected by blockchain technology.

NFT Boom Out

NFT is not a new thing born this year, it has made any public appearances early in 2017, but more regarded as a niche thing within Ethereum.

So, what is the real important promoter of NFT out of the circle?

First, let’s ask a question: How much would a digital picture be? The answer is $69.3 million!

On March 11, 2021, an unknown artist Beeple collaged his daily art work for the past thirteen years into a digital picture called “everyday: the first 5000 days”. At Christie’s, it was sold for $69.3 million, which shocked the world.

Overnight, NFT became the outlet. This 40-year-old American painter also made great fortune overnight. The popularity of NFT has caused a huge sensation in many fields such as art, venture capital, and finance.

Commercial filed such as NBA, Samsung, McDonald’s, Marvel, movie stars, etc. are all releasing their own NFT products, and venture capital industry such as Three Arrows Capital, Signum Capital, NGC Ventures, Coinbase, etc. have begun to invest in this field. Internet giants such as Tencent, JD, Facebook, Twitter, etc. are all laying out the NFT battlefield. The opportunities and challenges brought by NFT are more than that brought by the mobile Internet to the Internet.

From the perspective of business history, iPhone, Amazon, Microsoft, etc. were initially used by industry insiders. After going out of the circle by marketing, products, and the trend of the times, the entire society began to accept them, and they evolved from product for a specific group into mass infrastructure. Although the development of NFT is still at an early stage, the boom out of NFT will continue the historical trajectory and accelerate the application of blockchain technology. It is of great significance for promoting the digitalization of society.

NFT Bright Future

Except crypto artworks, will NFT have wider applications? We can find that NFT will be widely used in the future. For example, the recent popular NFT+DeFi and NFT+game, as well as the concept of meta-universe, are inseparable from the future development of NFT. The physical application of NFT will solve many problems for the society, such as: 

First, intellectual property. NFT can represent a painting, a song, a patent, a film, a photo, or other intellectual property rights. NFT can help each unique thing to register the copyright and help it identify the patent.

Second, physical assets. Real estate such as houses and other physical assets are digitized through NFT. It can be used in financial markets such as the circulation of assets.

Third, records and identification. The unique features of NFT, can be used to verify identity and birth certificates, driver’s licenses, academic certificates, etc., to prevent abuse or tampering.

There will be many physical applications of NFT in the future, which will surely solve various practical problems for the society. Presumably this is the ultimate goal of various giant capitals. As the world’s first physical digital economy token trading platform-BtLux Exchange focuses on the implementation of blockchain scenarios that are closely related to people’s lives.

Different from other cryptocurrencies with no entity value support, BtLux regards the underlying innovation of the blockchain as an important breakthrough in the independent innovation of core technology, and takes the use of blockchain to trade, calculate, and record to promote real economic activities on the chain under supervision. At the same time, realize the market operation and value management of digital assets after the certification, redefine the interest distribution relationship of producers, consumers and participants, and form a brand new financial and business model.

Soon, BtLux will accelerate the integration of NFT and physical enterprises based on years of experience in the implementation of blockchain physical scenarios, provide top-level business architecture design and digital economic model design for physical enterprises, and jointly build “blockchain” + “new ecology”, So that participants in the entire chain can benefit. It would bring tangible benefits to the real economy and the entire society, and be widely recognized by the society, making digital currency a living water, flowing in the real economy, and bringing benefits to the real economy more vitality and new power.

NFT is a new world brought about by the technological explosion era, and the digitalization process of the real world in the next ten years will also be greatly accelerated. In the future, only when NFT accelerates the deep integration of the real economy and the digital economy, the technological value of the blockchain will gradually emerge in this process. It will be able to bring new business models and reconstruct distribution models, market structures, organizational forms, and industry relationships to promote human beings to a new era of digital civilization, and in that, BtLux will become an indispensable promoter.

BtLux Official website: https://www.btlux.top/

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Performativ Appoints Banking Veteran Jacob Dahl as Chair to Support Enterprise Expansion in Wealth Management

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Copenhagen, Denmark, July 1st, 2026, FinanceWire

Former McKinsey Senior Partner and Co-Leader of the Global Banking Sector joins Performativ following the company’s $14 million Series A led by Deutsche Börse Group 

Performativ, the next-generation operating system for wealth management, today announced the appointment of Jacob Dahl as Chair of its Board of Directors. Dahl, a former Senior Partner and Co-Leader of the Global Banking Sector at McKinsey & Company, brings more than three decades of experience across global banking, financial services, technology transformation, risk and compliance. 

Dahl’s appointment follows Performativ’s recent $14 million Series A funding round, led by Deutsche Börse Group, with participation from Rabo Investments, Jacob Dahl and existing investors including FinTech Collective and EIFO. His move from investor to Chair reflects continued confidence in Performativ’s mission to modernize the operational backbone of wealth management and support larger financial institutions as they replace fragmented legacy infrastructure with more integrated, AI-enabled operating models. 

“Performativ is addressing one of the most important challenges in wealth management: the need for modern, scalable infrastructure that can support increasingly complex client, data and regulatory requirements,” said Jacob Dahl, Chair of Performativ. “After more than 30 years working with banks and financial institutions around the world, I believe the industry is ready for a new operating model. Performativ’s unified platform and AI-native approach put the company in a strong position to support private banks, wealth managers and larger institutions through that transition.” 

Founded in 2020, Performativ provides a cloud-native platform that brings together portfolio management, performance and attribution analysis, risk analytics, compliance, reporting, multi-custodian data aggregation and trading in one operating system. The platform is designed to help wealth and asset managers, private banks and financial institutions reduce operational complexity, improve scalability and automate manual workflows across the wealth management value chain. 

Dahl has held senior leadership roles across Europe, Africa and Asia. At McKinsey & Company, he led banking practices across multiple regions, including Scandinavia, Africa, EEMA and Asia, and co-led the firm’s Global Banking Sector. Earlier in his career, he co-founded Basisbank and held senior roles in corporate banking, private banking and capital markets. 

“Jacob brings exceptional experience from the global banking industry and a deep understanding of the transformation challenges facing financial institutions,” said Albert Geisler Fox, CEO of Performativ. “As we expand further into the enterprise segment, his strategic guidance, industry knowledge and network will be highly valuable. We are pleased to welcome him as Chair and look forward to working closely with him in this next phase of Performativ’s growth.” 

The appointment strengthens Performativ’s position as the company continues to expand across Europe and increase its focus on private banks and larger financial institutions. With fresh capital, a growing client base and strengthened board leadership, Performativ is positioned to accelerate the adoption of integrated, AI-enabled infrastructure across the wealth management industry. 

About Performativ 

Performativ is building the operating system for tomorrow’s wealth management. Headquartered in Copenhagen, Denmark, the company helps wealth organizations unify data, workflows and governance across their operations, enabling firms to operate with greater clarity, control and scale. 

More information available at performativ.com

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Chief Commercial Officer
Christian Lindvall
Performativ
christian.lindvall@performativ.com

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Türkiye’s leading digital asset platform Paribu expands its platform into DeFi, yield, and equities

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Istanbul, Türkiye, July 1st, 2026, FinanceWire

Türkiye’s leading digital asset platform expands into DeFi and equities, integrating Hyperliquid perpetuals, Polymarket option markets, and US and Turkish stocks in a single app 

Paribu, Türkiye’s leading digital asset platform, has launched DeFi access, covering DEX trading, perpetual contracts via Hyperliquid, and option markets via Polymarket and has opened an equity trading waitlist. The moves mark a strategic shift for the nine-year-old exchange as it builds toward a single app covering crypto, DeFi, yield, and equities.

Paribu is the first regulated exchange to deliver both Hyperliquid perpetuals and Polymarket option markets directly inside a CEX interface, without a separate wallet app. Users access all DeFi features from within the existing Paribu app, using their existing balance, through a fully self-custodial setup. Paribu delivers onchain access from within the exchange interface itself: same account, same balance, no separate app, no seed phrase. Every DeFi position is self-custodial, assets remain in the user’s own wallet at all times.

A single destination for investing across traditional and onchain markets

Türkiye ranks fifth globally in retail crypto activity, recording $40 billion in volume in Q1 2026 alone, growing 7% year-over-year amid an 11% global contraction (TRM Labs, April 2026). Until now, its retail investor base had no meaningful access to onchain perpetuals or option markets.

Existing integrations for both Hyperliquid and Polymarket have reached users already operating in DeFi wallet environments. Paribu brings these markets to a different audience: the millions who manage their primary crypto holdings in a single app and have never had a reason to leave it. Paribu’s integration lets them reach perpetuals and option markets without giving up that familiar setup: no separate wallet app, no new account, no platform switch, and the entire experience stays inside Paribu.

“Paribu is becoming a single app for all of finance: crypto, DeFi, equities, and yield. Integrating Hyperliquid and Polymarket is another step toward that vision. Instead of asking users to navigate multiple wallets and protocols, we’re bringing a seamless in-app self-custodial DeFi experience to millions of people, making onchain perpetuals and prediction markets as accessible as the rest of their financial lives. Soon, we’ll expand that vision even further by bringing access to both U.S. equities and Borsa Istanbul-listed stocks into the Paribu app, creating a single destination for investing across traditional and onchain markets.” — Yasin Oral, Founder and CEO, Paribu

Perpetuals, now on a CEX experience

Perpetual contracts are now accessible through the DeFi section of the Paribu app. Trades route directly to Hyperliquid’s decentralized blockchain. Every position exists onchain, in the user’s self-custodial wallet, at all times. 

Hyperliquid has become the dominant infrastructure layer for onchain perpetuals. The protocol has processed over $4 trillion in cumulative trading volume, leads the decentralized exchange market by open interest, and has attracted a fast-growing builder ecosystem — including integrations with major self-custody wallets. Its builder code program has distributed over $85 million in revenue to frontend developers. For Paribu, integrating Hyperliquid means connecting its users to the deepest onchain liquidity available in the perpetuals market today.

Prediction markets, accessible in Türkiye for the first time

Curated prediction markets are accessible through the same DeFi section. Paribu serves as the interface layer; execution and settlement occur onchain via Polymarket’s infrastructure. Markets are curated: each contract is reviewed for integrity, liquidity depth, and risk profile before it appears in the app.

Polymarket is the world’s largest decentralized option market. This is the first time option markets are accessible to Türkiye’s retail base through a mainstream exchange interface, and the first time a centralized exchange has delivered Polymarket through a fully self-custodial setup.

Stocks are coming

Paribu holds CMB establishment authorization for its brokerage arm, which is awaiting its operating license. NYSE, Nasdaq, and Borsa Istanbul stocks will be tradeable on Paribu. Real-time market data for all three is live today, free for all users. A waitlist is open ahead of trading going live.

About Paribu

Paribu is Türkiye’s leading digital asset platform and a key player in the country’s fintech ecosystem. Founded in 2017, the company pursues a growth strategy focused on regulatory compliance, product innovation, and expansion into multiple geographies. In 2026, Paribu expanded from a crypto exchange into a multi-asset investment app, bringing together crypto trading, DeFi access, yield products, and equities on a single platform. Paribu supports 220+ crypto assets and serves millions of users. Its matching engine, Hyper Engine, processes 7.6 million orders per second. The company’s institutional custody infrastructure is built on ColdShield, its proprietary multi-layer digital asset custody technology. In 2025, Paribu acquired a majority stake in CoinMENA, a licensed exchange operating in Dubai and Bahrain serving 1.5M users across MENA. In 2026, self-custodial finance app Clave joined Paribu, bringing passkey-based account abstraction and on-chain capabilities to the stack.

Contact

Ayşenur Akçelik
aysenur.akcelik@paribu.com

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AiNO1 Ushers in a New Chapter! Airdrop Concludes, Mining Launches, Dual-Exchange Implementation Completed

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The AI intelligent agent and RWA real-world asset sectors are experiencing explosive growth, marking a significant milestone in AiNO1’s ecosystem upgrade! The global airdrop permanently ends on July 15th, simultaneously launching node staking and AI mining; in late July, both CEX and DEX channels will be fully open, officially completing the project’s value loop and entering a fast track for large-scale implementation.

AiNO1, leveraging its self-developed layered sharding and intelligent symbiotic node technologies, achieves high TPS, ultra-fast block generation, and ultra-low transaction fees, perfectly addressing the pain points of traditional public chains such as poor performance, high transaction fees, and severe inflation, creating a dedicated underlying public chain for AI+RWA in the Web4.0 era.

I. July 15th Airdrop Permanently Ends, All Community Tokens Locked

The AiNO1 global airdrop is about to end completely. The application channel will be permanently closed after July 15th, marking the successful completion of the early community’s original token distribution.

The initial total supply of tokens was 10 billion, which was then deflated to 100 million through multiple mechanisms, ensuring no large holders controlled the supply or there was concentrated selling pressure. All airdropped tokens are circulating within the community and can be used for staking mining, on-chain governance, and ecosystem consumption. Early adopters exclusively enjoy core benefits such as network-wide dividends, priority RWA trading, and priority access to AI computing power.

II. Node Staking Fully Launched, Building a Decentralized Ecosystem Network

Staking for all nodes will be launched simultaneously with the airdrop. Smart contracts will automatically handle block production, liquidation, and cross-chain verification, comprehensively enhancing the security and decentralization of the public chain.

The platform establishes three tiered node types: ordinary, computing power, and RWA governance, suitable for individual users, computing power providers, and institutional participants. Staking users can earn multiple benefits, including gas fees, RWA transaction commissions, cross-chain rewards, and computing power rental revenue sharing. The higher the staking weight and the longer the holding period, the stronger the governance rights.

Simultaneously, a node violation penalty and destruction mechanism will be implemented to continuously reduce the circulating supply, steadily increase the token’s scarcity value, and form a positive cycle of community co-construction, ecosystem empowerment, and token appreciation.

III. Computing Power Mining + Dual Exchange Launch: A Complete Value Loop Forms

The AiNO1 token is the sole settlement token for AI computing power calls, intelligent agent deployment, and task scheduling across the entire network. All AI computing power usage will destroy tokens, giving it inherent deflationary attributes.

The new AI computing power mining function has officially launched. Users can mine for profits by staking tokens and contributing idle GPU computing power. The higher the computing power contribution and the more tasks undertaken, the greater the reward weight. Combined with the continuous feedback from RWA’s real-world industry revenue to the ecosystem, this provides a two-way support for token value.

In late July, the project will be simultaneously launched on leading CEX centralized exchanges and native DEX decentralized exchanges, opening up global circulation channels. The CEX ensures smooth deposits and withdrawals and liquidity, while the DEX features on-chain smart contract custody and automatic burning of transaction fees. Coupled with a full set of compliance risk control and contract auditing, it comprehensively protects asset security.

With this, AiNO1 has completed a full business loop encompassing airdrop distribution, staking mining, secondary market circulation, and continuous ecosystem token burning, fully opening up its global value potential.

IV. Four Core Advantages Supporting Long-Term Stable Development

1. High-performance technical barriers: A layered and sharded architecture supports high-concurrency transactions for AI and RWA, solving the congestion and high transaction fee problems of traditional public chains.

2. Extreme deflationary model: A total supply of tens of billions has been deflated to one hundred million, with continuous token burning across multiple scenarios, and deflationary logic running throughout the entire process.

3. Real-world value anchoring: Deeply linked to trillion-dollar real-world sectors such as RWA real estate, equity, and bills, with real industrial cash flow as a foundation.

4. Full-scenario essential consumption: Continuous token burning for computing power allocation, on-chain governance, cross-chain transactions, and ecosystem consumption eliminates pure speculative bubbles.

This successful airdrop, the launch of staking mining, and the integration with two exchanges mark a crucial leap for AiNO1 from community development to real-world industry application.

Relying on its self-developed technology, extreme deflationary model, and compliant ecosystem, AiNO1 will continue to cultivate the AI ​​computing power and RWA physical tracks, accelerate its global ecosystem layout, and share the era dividends of Web4.0 with all co-builders.

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