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
Tag: tokenization
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
Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration
Source: CoinDesk “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. RWA tokenization platform Ondo Finance has partnered with Cosmos-based Noble chain to bring its tokenized products to Cosmos. Ondo is one of the… Continue reading Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration
Taisu Ventures Announces Investment and Strategic Advisory Role in CSpro to Drive Innovation and Adoption for Tokenization of Real World Assets (RWA) through Security Token Offering (STO)
Source: PR Newswire Taisu Ventures, a leading Web3 venture capital firm dedicated to driving innovation in the blockchain space, is pleased to announce an investment and a strategic advisory role in CSpro Global Holding Limited, a core business arm under Coinstreet Group specializing in global Real World Asset (RWA) tokenization market opportunities, primary market brokerage… Continue reading Taisu Ventures Announces Investment and Strategic Advisory Role in CSpro to Drive Innovation and Adoption for Tokenization of Real World Assets (RWA) through Security Token Offering (STO)
HSBC to Expand Tokenized Asset Offerings – CEO Says He’s ‘Very Comfortable’ With Tokenization
Source: Bitcoin News 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 will look at ways of tokenizing assets backed by “real” assets. HSBC’s CEO Discusses Tokenization Plans Hong… Continue reading HSBC to Expand Tokenized Asset Offerings – CEO Says He’s ‘Very Comfortable’ With Tokenization
BIS and 7 central banks to explore asset tokenization through Project Agora
Source: Cointelegraph The proof-of-concept projects seek to create a centralized platform for cross-border CBDC payments and tokenized money transfers. The Bank for International Settlements (BIS) has teamed up with the central banks of France, Japan, South Korea, Mexico, Switzerland, the United Kingdom and the United States Federal Reserve Banks to explore asset tokenization within the… Continue reading BIS and 7 central banks to explore asset tokenization through Project Agora
BlackRock’s $10 Trillion Tokenization Vision: The Future Of Real World Assets
Source: Forbes We are currently witnessing a digital transformation as traditional finance and investments undergo a seismic shift towards greater efficiency and accessibility. Leading the charge, BlackRockBLK +0.7%, the world’s largest asset manager known for launching its Bitcoin ETF earlier this year, aims to tokenize $10 trillion of its assets in partnership with Securitize. “Today’s… Continue reading BlackRock’s $10 Trillion Tokenization Vision: The Future Of Real World Assets
