asset tokenization News
Latest asset tokenization News
As crypto grows, so does the list of complex terms to understand — like utility tokens. In this article, we’ll answer the question: what are utility tokens? We’ll break down how they fit into blockchain systems and why they’re such…
The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets. Australia‘s central bank, the Reserve Bank of Australia, alongside the Digital Finance Cooperative Research Centr is seeking public…
Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial industry…
UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,’ the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS. Tokenization is…
Coinbase’s Ethereum scaling solution has onboarded its first large wealth manager in Franklin Templeton, the $1.5 trillion Wall Street titan.
ETH
Ethereum
Securitize Inc., a platform specializing in real-world asset tokenization, has introduced a new fund administration service called Securitize Fund Services. The platform announced this development after surpassing $1 billion in tokenized assets on the blockchain, according to a company release. …
USDC
USDC
Asset manager Wellington Management has joined forces with Ondo Finance to enable real-time liquidity for its new tokenized U.S. Treasury fund. Wellington Management, which manages over $1 trillion in assets, has partnered with blockchain-based finance firm Ondo Finance (ONDO) to…
ONDO
Ondo
Tokenizing real estate is a cutting-edge way to raise funds using crypto, where investors exchange traditional currency or digital coins for specialized “tokens.” In essence, tokenization transforms real estate into digital assets that are securely managed through blockchain technology. These…
ETH
Ethereum
SingularityDAO has joined forces with Cogito Finance and SelfKey to create a new EVM layer-2 platform aimed at tokenizing real-world assets for decentralized finance. Decentralized autonomous organization SingularityDAO (SDAO) is merging with Cogito Finance and SelfKey to create a unified…
Fintech firm Xalts brings its real world asset tokenization platform, RWA Cloud, to the Polygon blockchain network for developers looking to build digital asset platforms. In an Oct. 8 press release, financial technology company Xalts describes their RWA tokenization platform,…
MATIC
Polygon
Poland’s second-largest bank, Bank Pekao, is using blockchain technology to preserve the country’s cultural heritage. According to a Pekao press release, the bank partnered with Aleph Zero to launch Archiv3, a project aimed at tokenizing Polish artwork and securely storing…
Taurus, backed by Deutsche Bank, has teamed up with Chainlink Labs to advance the use of tokenized assets by financial institutions. Taurus will integrate Chainlink’s (LINK) technology to solve key issues in tokenized assets, focusing on security, data accuracy, and…
LINK
Chainlink
Mantra, the popular blockchain network for real-world asset tokenization, rose for three consecutive weeks, paring back the losses it made in July and August. Mantra (OM) rose to a high of $1.24, its highest level since July 29, and 13%…
Ondo Finance’s token continued recovering after the developers submitted a proposal to bring the OUSG stablecoin to Sky, formerly MakerDAO. Ondo Finance (ONDO) rose for the second consecutive day, reaching a high of $0.7500, its highest level since Aug. 25. …
ONDO
Ondo
INX and Backed have expanded their tokenized stock trading services, adding new listings on the Polygon blockchain for non-U.S. investors. This expansion includes new listings of Tesla (bTSLA), Microsoft (bMSFT), Google (bGOOGL), and GameStop (bGME) on the INX platform. According…
MATIC
Polygon
The Hashgraph Association is teaming up with stakeholders in Qatar to explore five digital asset use cases over the next year. These efforts will focus on tokenizing assets like equity, Sukuk, and real estate, as well as projects tied to…
HBAR
Hedera