RWA

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Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform

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Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broader plan to expand into other commodities, the Solana-based project aims to introduce efficiency and transparency to the investment process in this … Read more

Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger

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Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring hundreds of millions of dollars of tokenized real-world assets onto the XRP Ledger over the next year, positioning the XRPL … Read more

Ripple Introduces XRPL EVM Sidechain: Bringing Ethereum Virtual Machine Compatibility to XRP Ledger

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Ripple has announced the development of a new product, the XRPL EVM Sidechain, which will bring Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger (XRPL). This move is expected to unlock new opportunities in decentralized finance (defi) and real-world asset (RWA) tokenization. The sidechain will connect to the XRPL mainnet using a bridge, with … Read more

ONDO Token Soars 14% Following DTCC and Chainlink’s Fund Data Tokenization Pilot

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The price of Real-world Asset (RWA) token ONDO surged nearly 14% in the past 24 hours. This spike followed the successful completion of a fund data tokenization pilot by DTCC and Chainlink, involving major U.S. banks, which has attracted significant whale investments. A new whale investor, identified by the address 0x803, has made substantial moves … Read more