8 / 13 Relevant items tagged with #Tokenization

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Brazilian BV Bank Tests Tokenized Model for Vehicle Sales

[Apr 9 1:38 AM] BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to manage vehicle financing and sales operations. The first phase of the tests involves automating consumer-to-consumer vehicle sales processes, including…

BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements

[Apr 7 7:31 PM] The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá…

Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar

[Apr 6 5:21 AM] The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market…

Where BlackRock Goes, Liquidity Flows

[Apr 3 12:30 PM] BlackRock and Securitize’s new digital assets fund is a game-changer for tokenization and the wider regulated market, says Peter Gaffney, head of research at Security Token Advisors.

Central Bank Group Starts Tokenization Project to Enhance Monetary System

[Apr 3 8:00 AM] The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said.

Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard

[Apr 3 4:53 AM] The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said.

Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains

[Mar 28 4:48 AM] Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.

BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering

[Mar 27 2:23 PM] The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.

Ondo Finance to Move $95M to BlackRock's Tokenized Fund for Instant Settlements for Its T-Bill Token

[Mar 27 11:54 AM] The allocation marks to first example of a crypto protocol leveraging BlackRock's tokenized fund for its own offering.

The Benefits of Assets Tokenization

[Mar 27 10:05 AM] We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital of digital assets, Benjamin Dean.

First Mover Americas: HSBC’s Gold Token Introduced in HK

[Mar 27 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Diamonds Arrive on a Blockchain With New Tokenized Fund on Avalanche Network

[Mar 27 6:00 AM] The tokenization of real-world assets – or placing traditional assets onto blockchain rails – is a growing trend in crypto with global financial giants entering the space.

HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong

[Mar 26 11:19 PM] The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.

UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies

[Mar 26 6:59 AM] The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.

BlackRock Enters Asset Tokenization Race with New Fund on the Ethereum Network

[Mar 20 5:37 PM] "This is the latest progression of our digital assets strategy," said Robert Mitchnick, BlackRock’s Head of Digital Assets.

Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors

[Mar 20 5:00 AM] Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December.

BlackRock Creates Fund With Securitize, a Big Player in Real-World Asset Tokenization

[Mar 19 1:39 PM] The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.

Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

[Mar 19 10:39 AM] The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

MANTRA Chain Raises $11M for RWA Tokenization with Middle East Tint

[Mar 19 6:26 AM]

Brevan Howard-Backed Tokenization Firm Libre Goes Live

[Mar 19 4:00 AM] Libre has added a tokenized version of a BlackRock money-market fund so investors can earn yield while parking their capital.

Hong Kong Starts New Phase of CBDC Testing

[Mar 14 5:54 AM] Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.

DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study

[Mar 14 4:44 AM] The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.

Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

[Mar 8 8:30 PM] The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in…

Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund

[Feb 28 2:00 AM] Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions.

Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting

[Feb 26 6:27 AM] The Financial Stability Board plans to publish a status report on its crypto roadmap and a report on the financial stability implications of tokenization.

South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’

[Feb 26 3:30 AM] In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include stablecoins as a particular type of crypto…

Ondo Finance Integrates Tokenized Treasuries Onto Aptos

[Feb 22 9:00 AM] Aptos is the latest chain to offer users access to Ondo’s USDY.

South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases

[Feb 22 4:37 AM] The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets.

Citi Completes Private Market Tokenization Test Using Avalanche

[Feb 16 9:00 PM] Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and…

Citibank Tests Tokenization of Private Equity Funds on Avalanche

[Feb 14 9:39 AM] The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.