Tagged: tokenization

UBS Executes Live Tokenized Fund Transaction with Chainlink Digital Transfer Agent Technical Standard

UBS  (NYSE:UBS) announces the “first” completion of an in-production, end-to-end tokenized fund workflow leveraging the Chainlink Digital Transfer Agent (DTA) technical standard. The completion of the first on-chain subscription and redemption request of the UBS USD Money Market Investment Fund Token (uMINT), a Money Market… Read More

Post Trade Solution Provider Tokenovate Launches Programmable Settlement Offering

Tokenovate, a UK-based Fintech offering post-trade solutions, has announced a new service called Novat, which is described as providing programmable settlements for tokenized assets. As all asset classes, including securities, become digital or tokenized, there are opportunities for innovators to provide modern services to capital… Read More

Global Digital Finance Reports Results of Tokenized Money Market Funds Initiative

Global Digital Finance (GDF) has reported the results of an initiative to test the viability of Tokenized Money Market Funds (TMMF). As part of the working group 30 firms participated in the GDF Industry Sandbox, powered by Ownera, the firm which operates the FinP2P routers… Read More

Tokenized RWAs : Tether Gold Tops $2 Billion in Value as Gold Prices Surge

Tether Gold (XAU₮), the world’s tokenized gold product, reportedly continues to demonstrate strength amid a rush toward real-world asset (RWA) tokenization and surging gold prices. At the end of the third quarter this year, XAU₮’s market cap topped 1.44 Billion, increasing in the past week… Read More

BlackRock CEO Predicts Every ETF and Asset Class Will Be Converted into Digital Tokens

BlackRock (NYSE:BLK) CEO Larry Fink has predicted that every currency, exchange-traded fund (ETF), and asset class will eventually be converted into digital tokens, interconnected via a unified global platform for instant settlements. Fink emphasized that this transformation is understated in public discourse, warning that the… Read More

Switzerland based Digital Asset Firm Taurus Moves into USA

Taurus, a Switzerland-based digital asset infrastructure firm, says it has opened an office in New York to expand services in the US market. Taurus is regulated by FINMA, the Swiss financial market supervisory authority. The company currently provides services to well-known European firms like State… Read More

Securitize Set to Become a Public Company through Business Combination with Cantor Equity Partners II

Securitize, Inc., the platform for tokenizing real-world assets, and Cantor Equity Partners II, Inc. (Nasdaq: CEPT), a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, announced that they have entered into a definitive business combination agreement through which Securitize will become a… Read More

Custodia, Vantage Bank, Launch Tokenized Deposits for U.S. Banks

Access to tokenized deposits is now available to community and regional banks nationwide with Custodia’s bank-grade blockchain platform and Infinant’s Interlace platform. Vantage Bank, working in partnership with Custodia, invites banks and credit unions to join the consortium, which has developed a turnkey accretive solution… Read More

Canada Commits $2.1m For Tokenization, Federated Learning Push

Canada has committed more than C$3 million ($2.1 million) over five years to an Industrial Research Chair in Tokenization at École de technologie supérieure (ÉTS), backing work on advanced tokenization and decentralized federated learning led by Professor Kaiwen Zhang and industry partner T-RIZE Group. The… Read More

BlackRock: We are at the Beginning of the Tokenization of All Assets

BlackRock (NYSE:BLK), an asset management firm with over $13.46 trillion in assets, holds quite a bit of sway regarding global markets. So when its CEO, Larry Fink, talks up tokenization, it is important to listen to what he has to say. Yesterday, while visiting CNBC,… Read More

Digital Securities: More on UK Effort to Enable Tokenization

It was reported earlier that the UK Financial Conduct Authority (FCA) was pursuing a consultation on the tokenization of funds. This is a precursor to the tokenization of  more investible assets and part of an initiative to keep the UK competitive as a global financial… Read More

FCA: The UK Plans Shift to Tokenized Assets, Digital Securities on the Way

This week, the UK Financial Conduct Authority (FCA) issued a statement on tokenization or turning investible assets into digital assets. Digital securities have long been recognized as the future of markets. Today, with the advent of global regulatory changes supporting digital transformation, broader acceptance of… Read More

Securitize Is Reportedly Considering Public Listing through Cantor Fitzgerald SPAC

Securitize is reportedly considering going public through a potential merger with a blank-check company that is sponsored by Cantor Fitzgerald. This, according to a recent report from Bloomberg. Securitize, which currently oversees more than $4.6 billion in tokenized real-world asset value, may be valued at… Read More

Block Street Raises $11.5M For Tokenized Trading Structure

Block Street, a startup building an execution and lending layer for tokenized equities, has raised $11.5 million in strategic funding to deploy its intent/RFQ-based trading infrastructure on Monad and major EVM networks. The round was led by Hack VC with participation from Generative Venture, DWF… Read More

BNY Considers Tokenized Deposits as Blockchain based Transactions Surge

Bank of New York Mellon Corp. (BNY) (NYSE: BK), which claims to be one of the world’s largest custodian bank with over $55.8 trillion in assets under custody and administration, is said to be actively piloting tokenized deposits in order to integrate DLT / blockchain technology… Read More

CruTrade Offers Wine Collecting, Trading, Uses Avalanche Blockchain

CruTrade, a new online investment platform that offers wine investors a place to buy and sell fine wine, announced its launch today, promising a marketplace where enthusiasts can trade wine powered by Avalanche. CrutTrade touts its ability to allow traders to instantly invest in bottles… Read More

RAAC, I-ON Digital, to Make $200M of Tokenized Gold Available to Investors

RAAC, a decentralized real-world asset (RWA) lending and borrowing ecosystem, is partnering with I-ON Digital Corp. to make $200 million of tokenized gold available for innovative, on-chain investment opportunities. The deal positions RAAC, a nascent project, among the top 15 RWA protocols in decentralized finance… Read More

Instant Tokenization of Stocks Introduced by Alpaca

Instant tokenization of US stocks is now possible, according to an update from Alpaca. Alpaca’s Instant Tokenization Network (ITN), a new infrastructure product has been in the works behind the scenes, the company noted. Currently powering many of the global tokenization solutions, with ITN, their… Read More

Tokenized Stocks on Telegram: Kraken, Backed to Provide Access to US Stocks Globally

Wallet in Telegram says it will soon offer tokenized US stocks in partnership with Kraken and Backed. The move is expected to expand the market for US equities to emerging markets. The company explains that approximately 2.8 billion people are underbanked, with only limited access… Read More

Robinhood CEO Predicts Comprehensive Tokenization Framework for Global Markets by 2030

Robinhood (NASDAQ: HOOD) CEO Vlad Tenev recently noted during a professional gathering at Token2049 in Singapore that there should be a proper framework for asset tokenization in the world’s biggest markets, and it could be rolled out within the next 5 years. Tenev said that… Read More

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