Axie Infinity, Ocean Protocol & Binance Coin — Asian Wrap 17 March

The Asian markets saw a day of varied performance on Wednesday, 17 March, with technology giants such as Axie Infinity, Ocean Protocol, and Binance Coin leading the charge.

Axie Infinity, a blockchain-based digital game, experienced a notable price increase after the company announced a partnership with the Decentraland virtual world. The collaboration will bring a new gaming experience to Decentraland, a blockchain-based virtual world, and integrate the two platforms. As a result, the market capitalization of Axie Infinity (AXS) rose to more than $211 million.

Ocean Protocol, a decentralized data exchange and services platform, saw their market capitalization rise to $738 million after the company launched their Project Aragorn, a privacy-focused data exchange. The platform is designed to provide developers with secure access to data and services and ensure the privacy of users’ personal data.

Binance Coin (BNB), the native token of the leading cryptocurrency exchange Binance, experienced a slight increase in price after the company announced the launch of their Binance Chain mainnet. The mainnet blockchain will enable users to transfer and trade digital assets on a decentralized network. The market capitalization of Binance Coin (BNB) reached $2.72 billion on Wednesday.

Overall, the Asian markets experienced a mixed performance on Wednesday, with technology firms such as Axie Infinity, Ocean Protocol, and Binance Coin leading the charge. While Axie Infinity and Ocean Protocol saw notable increases in market capitalization, Binance Coin experienced a more moderate increase in price.