El Salvador’s platform raises $30M via tokenized US Treasury offering
NextBridge’s new tokenized US Treasury bills offering is part of a wider trend in the financial industry, with competitors including BlackRock and Franklin Templeton. Go to Source
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German fintech 21X gets EU license for tokenization platform
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets. Go to Source
Spanish Securities Watchdog Approves First Tokenization License
The Spanish securities watchdog, the CNMV, has approved the first tokenization license in the country, opening the doors for tokenizing real-world assets (RWA). Ursus-3 Capital, in partnership with Onyze, is the first consortium that will be able to offer this kind of service to Spanish companies seeking to enter the decentralized ledger world. “We firmly … Read more
Elixir taps Curve to bring BlackRock’s BUIDL to DeFi
Token holders can mint deUSD against BUIDL, BlackRock’s onchain money fund, and swap on Curve, a popular DEX. Go to Source
Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions. Go to Source
Hype overshadowed adoption, but valuable projects continue
Despite the hype cycle, blockchain technology continues to make strides in real-world applications, from tokenizing assets to enhancing record-keeping and data privacy. Go to Source
Tokenization can transform US markets if Trump clears the way
Trump’s presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks. Go to Source
Ondo taps LayerZero to take USDY multichain
Ondo is using LayerZero to make its yield-bearing stablecoin fully fungible across multiple blockchain networks. Go to Source
Russia Cautious on Tokenizing Real-World Assets
The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While tokenization has the potential to increase liquidity for real-world assets, among other benefits, a Bank of Russia report notes that Moscow’s legal framework for tokenization … Read more
CFTC report endorses tokenizing trading collateral
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said. Go to Source
