Source: CoinDesk Visa’s new Platform will enable the development of fiat-backed tokens powered by smart contracts. Visa has developed a new product to help banks issue fiat-backed tokens on the Ethereum network. One of the first financial institutions to use the platform will be Spanish bank BBVA, who expects to launch a live pilot in… Continue reading Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
Tag: RWA
Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
Source: CoinDesk Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken. Tether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows. Agrotoken, together with Adecoagro, started the development of three stablecoins, SOYA, CORA and WHEA, which allow producers to have… Continue reading Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
Source: CoinDesk The issuance was the company’s first digital bond with fully automated settlement, building on last year’s issuance on the Polygon network. The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank’s trigger solution for settlement. The issuance was part of a European Central Bank’s trial to settle central bank… Continue reading Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
Exclusive Webinar “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators”held on July 31 (Wed), 2:00 PM SGT / 8:00 AM CET / July 30 (Tues), 11:00 PM PT
Source: CSpro LinkedIn An incredible webinar, “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators” hosted by Taisu Ventures, was held on 31 July 2024 at 2:00 PM HKT/SGT. Latest buzz with growing excitement in the financial sector about the tokenization of real-world assets (RWA) by institutional investors. Leading firms in asset management are… Continue reading Exclusive Webinar “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators”held on July 31 (Wed), 2:00 PM SGT / 8:00 AM CET / July 30 (Tues), 11:00 PM PT
State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Source: The Tokenizer State Street Corporation, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the… Continue reading State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Tokenized RWA Market Hits $10 Billion, Draws Major Institutions
Source: Be In Crypto RWA tokenization market surpasses $10 billion, driven by institutional interest and integration with DeFi. BlackRock, Franklin Templeton, and Grayscale lead in tokenized assets, reflecting TradFi’s move into DeFi. Ondo Finance emerges as a market leader with $536 million TVL, promoting RWA adoption and liquidity. The Real World Assets (RWA) tokenization market… Continue reading Tokenized RWA Market Hits $10 Billion, Draws Major Institutions
Join this Exclusive Webinar “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators” on July 31 (Wed), 2:00 PM SGT / 8:00 AM CET / July 30 (Tues), 11:00 PM PT
Source: Coinstreet LinkedIn Join us for this exclusive webianr “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators” hosted by Taisu Ventures to explore more about real-world assets (RWA), a transformative trend in the financial industry. We are excited to be a part of this event, as our Founder & CEO of Coinstreet and… Continue reading Join this Exclusive Webinar “Pioneers in Action: Tokenizing Real-World Assets with Leading Web3 Innovators” on July 31 (Wed), 2:00 PM SGT / 8:00 AM CET / July 30 (Tues), 11:00 PM PT
BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%
Source: CoinDesk 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. Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock’s BUIDL fund pitched… Continue reading BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%
Hamilton Lane becomes first asset manager to launch a fund on Solana blockchain
Source: Yahoo Finance With over $920 billion in assets under management and supervision, Hamilton Lane is one the world’s largest firms investing in alternative assets. On Tuesday, it announced the launch of a private credit fund on the Solana blockchain. Investors can now access the firm’s Senior Credit Opportunities Fund, or SCOPE, via the network.… Continue reading Hamilton Lane becomes first asset manager to launch a fund on Solana blockchain
The Web3 Elites Club’s event (Session 5): “STO/RWA Business Prospects: Help More Enterprises go to Web3 World” and iSHANG Sharing Session on 24 May 2024
Source: Coinstreet LinkedIn The Web3 Elites Club’s event (Session 5) was a resounding success! On 24 May 2024, industry leaders gathered at the China Hong Kong Finance Elites Centre for insightful speeches and discussions. Our Founder & CEO of Coinstreet, SAMSON (SAM) LEE, was the keynote speaker for “STO/RWA Business Prospects: Help More Enterprises go… Continue reading The Web3 Elites Club’s event (Session 5): “STO/RWA Business Prospects: Help More Enterprises go to Web3 World” and iSHANG Sharing Session on 24 May 2024
