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

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

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%

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