Tagged: tokenization

November 7, 2024 @ 9:36 am By JD Alois  |  

R3 and its Corda platform have been selected to provide services for the European DLT [distributed ledger technology] pilot regime. Corda is the first DLT to be approved by ESMA [the European Securities and Markets Authority] The DLT Pilot Regime opened up applications in the… Read More

November 4, 2024 @ 8:27 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has announced plans to support the commercialization of asset tokenization. The Monetary Authority of Singapore (MAS) officially announced on November 4, 2024 its plans to advance tokenization in financial services. These include: forming commercial networks to deepen liquidity of… Read More

November 3, 2024 @ 10:48 pm By Omar Faridi  |  

More than 130 countries, representing 98% of global GDP are exploring Central Bank Digital Currencies (CBDCs) to boost financial inclusion and transaction efficiency. Mathias Studach, Head Finance, Risk & Organizational Development at SIX Digital Exchange (SDX) has shared key insights with CI on these developments…. Read More

October 31, 2024 @ 10:25 am By JD Alois  |  

Securitize, a digital securities enabler, says it has topped $1 billion in tokenized assets. The company also reports over 500,000 accounts. In a company statement, Securities said that tokenized real-world assets on-chain have “surged” with expectations of growth to continue as their Securitize Fund Services… Read More

October 25, 2024 @ 12:14 pm By JD Alois  |  

It is obvious to many that one of the most practical features of blockchain is the tokenization of assets and the intrinsic reduction in cost to manage these assets. Digital securities are the future. We just aren’t quite there yet. One firm is reportedly putting… Read More

October 22, 2024 @ 8:25 am By Omar Faridi  |  

A new research report for the G20 on tokenization aims to highlight the various opportunities, risks and future considerations for central banks. As explained in the update shared by BIS, tokenization could potentially have significant implications for the future of finance as well as the… Read More

October 16, 2024 @ 9:21 pm By Omar Faridi  |  

Blockstream has reportedly finalized a $210 million convertible note financing round which has been led by Fulgur Ventures, marking a key shift in its evolution as the global provider of financial infrastructure technology powered by Bitcoin (BTC), the flagship cryptocurrency. The capital injection will be… Read More

October 16, 2024 @ 7:47 am By Omar Faridi  |  

Securitize, the firm focused on tokenizing real-world assets, announced that qualified institutions can now convert their USDC to USD via Securitize’s integration with Zero Hash, a crypto and stablecoin infrastructure platform which facilitates conversion between U.S. dollars and digital assets, to subscribe into BlackRock’s USD… Read More

October 16, 2024 @ 7:45 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) has joined the growing number of regulatory/innovation entities by launching a Fintech Sandbox to support the development of digital assets. Just about everyone acknowledges that at some point, all securities will be digital—potentially enhanced with codable or “smart”… Read More

October 16, 2024 @ 7:32 am By Tony Zerucha  |  

Recently Xalts announced a deeper collaboration to bring its enterprise-grade real-world asset tokenization platform, RWA Cloud, to the Polygon blockchain network. RWA Cloud provides solutions to enable financial services, governments, and other enterprise developers looking to build digital asset platforms for implementing blockchain, tokenization, and… Read More

October 16, 2024 @ 7:27 am By Omar Faridi  |  

The European Securities and Markets Authority (ESMA) noted that the DLT Pilot Regime has started applying in the European Union (EU) as of 23 March 2023. ESMA explained in an update that it provides the legal framework for trading and settlement of transactions in crypto-assets… Read More

October 9, 2024 @ 8:42 am By Omar Faridi  |  

Assetera and Archax have launched a partnership to enhance the distribution of tokenized real- world assets across the EU/EEA. This collaboration enables access to digital assets, which is said to include Funds and Structured Products, listed on Archax, facilitating primary sales and secondary market trading… Read More

October 4, 2024 @ 8:35 am By Omar Faridi  |  

Visa Tokenized Asset Platform (VTAP) is a product that is designed to help banking service providers issue fiat-backed tokens. BBVA will reportedly be using VTAP in order to create digital tokens on the public Ethereum (ETH) blockchain with expected live pilots in 2025. Visa (NYSE:… Read More

October 2, 2024 @ 2:52 pm By JD Alois  |  

Digital Asset, Euroclear, and The World Gold Council have completed a successful pilot of tokenizing gold, Eurobonds and gilt, according to a release. The test was completed with the assistance of big law firm Clifford Chance. Others supporting the project include investors, banks, custodians, and… Read More

October 1, 2024 @ 8:38 am By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, announces that it has joined forces with Ownera, a provider of tokenization interoperability routers, to enhance the Fireblocks Network, the digital asset network providing direct connectivity to crypto capital markets…. Read More

September 27, 2024 @ 2:41 pm By Omar Faridi  |  

AMA-AMBIOGEO, a mining Joint Venture (JV) with a focus on sustainable resource management, announces the tokenization of $4.6 billion in gold reserves, using Tokeny’s technology to transform previously inaccessible real-world assets (RWA) into tradable and compliant digital securities. The JV between AMA Resources and AMBIOGEO… Read More

September 26, 2024 @ 10:47 am By JD Alois  |  

Aktionariat AG and Taurus SA have announced a partnership on tokenization. Both firms are based in Switzerland – a jurisdiction that has supported Fintech innovation. Aktionariat is a tokenization platform with over 70 tokenized Swiss companies and more than 30.000 users. Its tools include token… Read More

September 26, 2024 @ 10:21 am By JD Alois  |  

R3, a permissioned blockchain provder targeting the enterprise sector, is partnering with Ownera on interoperability solutions for R3’s blockchain Corda. Ownera specializes in digital securities or “tokenized” assets. Ownera seeks to boost distribution and liquidity by connecting tokenized assets, enabling the negotiation and settlement of… Read More

September 24, 2024 @ 3:16 pm By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) and Digital Asset report that their digital security pilot has succeeded. The two entities partnered on the US Treasury (UST) Collateral Network Pilot. This project sought to utilize distributed ledger technology (DLT) applications to support market connectivity across… Read More

September 23, 2024 @ 12:31 pm By Omar Faridi  |  

Ownera, a provider of tokenization interoperability networks based on the open FinP2P protocol, and Fnality, a financial market infrastructure bringing together the safety and institutional quality of central bank money with the functionality and resilience of blockchain technology, have announced a strategic partnership. This collaboration… Read More