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
Tag: tokenization
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
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
iSHANG and PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme
Source: PR Newswire iSHANG Technology Limited (iSHANG), a leading technology company specializing in Web3 solutions, and PSC Insurance Holdings (HK) Limited (PSC Insurance), subsidiary of PSC Insurance Group publicly listed on ASX, are pleased to announce their collaboration on the Cyberport Web3 Proof-of-Concept Subsidy Scheme to develop a pioneering “Proof of Coverage” Insurance Solution (PoC… Continue reading iSHANG and PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme
Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
Source: CoinDesk Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said. Tether, the company behind the $110 billion stablecoin (USDT), debuted Monday a new token minting platform called Alloy on the Ethereum network that lets users create tokens collateralized by… Continue reading Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
Source: CoinDesk The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund with Onyx Digital Assets. Fidelity International has selected JPMorgan’s Onyx Digital Assets blockchain to tokenize a money market fund. The move means improved efficiency in delivering margin requirements and a reduction in transaction costs and… Continue reading Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
U.S. Credit Unions Adopt Tokenization of Real World Assets
Source: Cryptonews Traditional banks may still dominate the financial industry in terms of assets held, but credit unions are becoming an increasingly popular option for Americans who qualify. Recent data shows that there are roughly 4,600 credit unions in the United States. A September 2023 report from The National Credit Union Administration (NCUA) further notes… Continue reading U.S. Credit Unions Adopt Tokenization of Real World Assets
RWA Layer 2 Plume Network raises $10 million seed round led by Haun Ventures
Source: The Block Quick Take Plume Network has raised $10 million in seed funding from Haun Ventures, Galaxy Ventures and others. The RWA-focused Layer 2 network aims to tokenize assets beyond just securities. Plume Network, a modular Layer 2 network focused on bringing real-world assets (RWAs) on-chain, has raised $10 million in a seed funding… Continue reading RWA Layer 2 Plume Network raises $10 million seed round led by Haun Ventures
Real-World Assets (RWA) Tokenization Insights on April 13, 2024 in Tokyo
Source: CSpro LinkedIn We are pleased to announce the successful conclusion of the “Real-World Assets (RWA) Tokenization Insights” event, hosted by Taisu Ventures and EMURGO, held on April 13, 2024, in Tokyo! Attendees had the opportunity to engage in an exclusive discussion on asset tokenization and the future of finance. The event took place at… Continue reading Real-World Assets (RWA) Tokenization Insights on April 13, 2024 in Tokyo
Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
Source: CoinDesk The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade. Crypto exchange Woo X says this is the first time tokenized T-Bills will be available to retail customers. The exchange recently began offering index-linked meme-coin perpetuals with market maker Wintermute. Woo X is claiming bragging rights for… Continue reading Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
