#development

The Stellar Development Foundation has announced that it joins an advisory committee of the U.S. Commodity Futures Trading Commission. Blockchain company Stellar will join representatives of traditional financial markets such as J.P. Morgan, Goldman Sachs, and BlackRock and get a say in institutional-level issues. SDF representatives noted that they will primarily focus on the use of Layer 1 protocols in government agencies and bank transfers in stablecoins.

One of America's largest hedge funds, Elliott Management, has made a multibillion-dollar investment in software giant Salesforce. "We look forward to working constructively with Salesforce to realize the value befitting a company of its stature," said Elliott Managing Partner Jesse Cohn, who has previously served on the boards of such companies as Citrix, eBay Inc., and Twitter. Last year, Salesforce announced the launch of its NFT Cloud platform. In 2019, the developer marketed its own blockchain development tool.