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Russian Deputy Prime Minister Novak: The Fuel Market Situation Is Complex, But Within A Controllable Range
Reuters Survey: Of 27 Analysts, Six Expect The Central Bank Of Colombia To Raise Rates By 75 Basis Points, Four Anticipate A 100-basis-point Hike, One Forecasts A 25-basis-point Increase, And Three Expect Rates To Remain Unchanged
European Central Bank Vice President Vujicic: The Eurozone Economy Has Shown Greater Resilience Than Expected In The Face Of Supply Shocks
Reuters Survey: Of The 27 Analysts Surveyed, 13 Expect Colombia's Central Bank To Raise Rates By 50 Basis Points To 11.75% In June
Reuters Survey: Colombia's Key Interest Rate Is Expected To Rise To 12.25% By The End Of 2026, Up From The Previous Survey's Forecast Of 12%
Reuters Survey: Interest Rate Expectations For Colombia By The End Of 2027 Have Risen To 10.50%, Up From 10% In The Previous Survey
ECB Vice President Vujicic: We Do Not Want To Provide Any Forward Guidance; Every ECB Meeting Is Conducted In Real Time
Coking Coal Futures Contract 2609 Saw Its Intraday Decline Narrow To 0.46%, Last Quoted At 1944.5 Yuan/ton, Rebounding From The Intraday Low Of 1915 Yuan/ton; Trading Volume Was Approximately 4.309 Billion Yuan, With Nearly 1500 Lots Added To Open Interest During The Day, Indicating Increased Volatility In The Market
Iron Ore Futures (2609 Contract) Continued To Rise, With The Increase Widening To 0.81%, And The Latest Price At 744.5 Yuan/ton; The Trading Volume Was Approximately 6.071 Billion Yuan, With An Increase Of Nearly 5,900 Lots In Open Interest During The Day, And Both Trading Volume And Open Interest Activity Increased Simultaneously
Bank Of Canada Governor: Welcomes U.S.-Iran Interim Agreement; Global Energy Prices Have Started To Decline
European Central Bank Vice President Vujicic: Inflation Expectations Remain Stable In The Long Run
U.S. Treasury Department Website: The United States Publishes A List Of Designated Transnational Criminal Organizations

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Mugafi, an AI-driven platform for entertainment intellectual property (IP), has partnered with Avalanche to tokenize films, anime, music and other media assets, allowing creators to finance and distribute projects directly onchain.
The initiative will draw from Mugafi’s catalog and upcoming films. According to the company, its AI systems, trained on thousands of scripts and story structures, help evaluate projects before they are brought onchain for financing.
Mugafi and Avalanche plan to finance more than $10 million in entertainment IP. The companies said their long-term target is to exceed $1 billion in annual IP financing throughput.
Avalanche said the partnership aims to demonstrate how its network can support large-scale real-world asset issuance. The companies plan to use Avalanche’s infrastructure to fund, track and distribute entertainment projects onchain.
Mugafi, launched in 2020 in India, is backed by several entertainment and venture investors, including Nexus VP, HashedEM, Netflix, Amazon and Panorama Studios, among others. Its 2025 release, Kuberaa, recorded $35 million in box office collections and was distributed via Amazon Prime Video.
According to the announcement, the collaboration is expected to support new roles across AI, production, blockchain operations and compliance. Mugafi projects more than 1,500 creator and studio opportunities across several regions including India, North America, Japan and Korea.
Blockchain in entertainment and film
The push to bring entertainment IP onchain has been gathering momentum for years among both creators and platforms, with several projects exploring tokenization and Web3 rights management.
In September, Animoca Brands partnered with Ibex Japan, the corporate innovation arm of Antler, to launch a Web3 entertainment fund focused on bringing Japan’s anime and manga IP onchain. The initiative aims to unlock value from Japan’s largely underutilized IP catalog.
PIP Labs has emerged as a major player in the Web3 IP space with the development of Story Protocol, a layer-1 blockchain designed to manage and program intellectual property onchain.
Founded in 2022 by former Google DeepMind product manager Jason Zhao, the project enables creators to tokenize their work, record IP onchain, and set the terms under which it can be used, shared or adapted. The framework is intended to help rights holders maintain control over their content and its downstream use.
In August 2024, PIP Labs raised $80 million in a Series B round led by a16z Crypto and Polychain Capital to advance Story Protocol.
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