2 / 4 Relevant items tagged with #TokenizedAssets

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Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions

[Aug 29 11:20 AM] The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will…

Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network

[Aug 22 5:10 PM] Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin…

Nigeria’s SEC Denies Issuing Provisional Crypto Licenses

[Aug 20 11:10 PM] Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move…

Tokenized Asset Issuer Backed to Offer Crypto RWAs in LatAm with eNor Securities

[Aug 13 1:00 PM] ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.

German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial

[Aug 12 4:28 PM] Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.

South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise

[Aug 5 1:30 AM] The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative…

BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring

[Jul 31 9:19 PM] The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan

[Jul 23 3:01 PM] Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.

Tokenized Asset Manager Superstate Debuts New Fund to Profit From Bitcoin, Ether 'Carry Trade'

[Jul 22 9:27 AM] Superstate's new offering comes after its first tokenized fund of short-term U.S Treasury bills, which debuted earlier this year.

Italy's Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial

[Jul 18 2:32 PM] Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.

MakerDAO's $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate

[Jul 12 10:43 AM] MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

BlackRock's BUIDL Fund Tops $500M as Tokenized Treasury Market Soars

[Jul 8 2:42 PM] The overall market of tokenized U.S. Treasury products has reached $1.8 billion, up from $780 million in January, rwa.xyz data shows.

Sui expands custody with Copper to attract institutional finance

[Jun 26 6:00 AM] The two-year-old layer-1 blockchain is teaming up with the digital assets financial services provider to create new infrastructure options.

Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey

[Jun 23 8:07 PM] Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others.

McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'

[Jun 21 12:04 PM] Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report.

Galaxy Digital uses historic violin NFT to secure loan

[Jun 4 1:39 AM] The violin once belonged to Russian Empress Catherine II, also known as Catherine the Great.

Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network

[May 13 9:42 AM] Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of…

Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements

[May 9 3:20 PM] Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is…

Stablecoins on Bitcoin coming soon, suggests Lightning Labs CEO

[May 9 4:38 AM] Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto and Digital Assets Summit and teased a new development on Bitcoin’s leading layer 2.

Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

[May 7 10:37 AM] Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.

Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo

[May 2 8:33 AM] Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

[May 2 7:00 AM] Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets…

Securitize raises $47M in strategic funding led by BlackRock

[May 1 12:07 PM] Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization.

BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's

[Apr 30 8:45 AM] BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.

Tokenized Asset Issuer Backed Raises $9.5M as Crypto's RWA Race Heats Up

[Apr 30 7:00 AM] The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration

[Apr 18 6:00 AM] Introducing Ondo Finance's offerings to Cosmos "will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments," Ondo's founder Nathan Allman said.

Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment

[Apr 17 8:09 AM] CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds

[Apr 16 7:55 AM] The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.

HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization

[Apr 15 7:28 PM] Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank…

Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC

[Apr 11 3:55 PM] Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.