Amaten, a gift card marketplace, partnered with the Singapore-based cloud computing startup Aelf to make digital representations of gift cards.
Over the past 24 hours, tokens including Digibyte, Aelf, Polymath, and 0x have rebounded, pushing the valuation of the crypto market to $258 billion.
Major cryptocurrencies like bitcoin and Ethereum have risen in the 3 to 6 percent range while smaller assets such as Zcash (ZEC), Aelf (ELF), Kyber Network (KNC), and Enigma rose in the 10 to 50 percent range.
Blockchain network provider Aelf has partnered with Japan’s largest gift card platform Amaten to issue tokenized gift cards.
Today, on May 20, the price of Aelf increased by another 10 percent, becoming the second best-performing cryptocurrency in the market for two straight days.
The cryptocurrency market has rebounded over the past 24 hours by around $17 billion, from $365 billion to $382 billion. Major cryptocurrencies including bitcoin, Ether and EOS increased in the 3 to 7 percent range, pushing the cryptocurrency market towards the $400 region.