UK Asset Manager Fasanara Capital is Latest to Launch Tokenized MMF

Source: Ledger Insights Fasanara Capital is best known as an alternative asset manager (AUM $4.5bn) in the fintech lending sector. It securitizes private credit and last year was involved in tokenizing some private credit in collaboration with digital asset bank Sygnum and European SaaS lender float. Now it’s launching a tokenized money market fund (MMF),… Continue reading UK Asset Manager Fasanara Capital is Latest to Launch Tokenized MMF

Indian Railways To Roll Out Polygon-Based NFT Tickets for Mahakumbh Mela

Source: CCN Key Takeaways Indian Railways will introduce NFT tickets for travelers attending a religious gathering. These tickets will be minted on the Polygon blockchain. The initiative expands Indian Railways’ use of NFTs, especially during major events and festive seasons. Indian Railways is introducing nonfungible token (NFT) train tickets for the upcoming Mahakumbh Mela—a major… Continue reading Indian Railways To Roll Out Polygon-Based NFT Tickets for Mahakumbh Mela

BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

Source: Cryptoslate BUIDL’s growth on popular blockchains promises new ventures for DAOs and digital firms, despite varied fees. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock’s strategy to strengthen… Continue reading BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

21co analyst sees tokenized US treasuries hitting $3 billion by year-end

Source: CryptoSlate According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. 21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs).… Continue reading 21co analyst sees tokenized US treasuries hitting $3 billion by year-end