DTCC, Chainlink complete fund data tokenization pilot with U.S. banks
The pilot program tested a method of bringing traditional finance fund data onto blockchains with big banks JPMorgan and BNY Mellon also involved. Go to Source
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Coinbase sees infinite interoperability potential with Ethereum and USDC
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami. Go to Source
Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan exec
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization. Go to Source
Blackrock’s BUIDL Fund Overtakes Franklin Templeton to Become Largest RWA Tokenized Offering
Based on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $381.76 million, overtaking Franklin Templeton’s onchain investment vehicle, BENJI, as the largest real-world asset (RWA) tokenized offering. Blackrock’s Digital Fund Surpasses BENJI as Leader in Tokenized Treasury Offerings Blackrock’s BUIDL has now eclipsed all other tokenized … Read more
Democratizing Investment – The Power of Asset Tokenization in Real-World Assets
In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person from accessing lucrative investment markets. For instance, opportunities to invest in real estate have been primarily available to institutional investors or high-net-worth individuals as these investments often require … Read more
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on the transformative capabilities of tokenization for global capital markets. Blackrock Leads … Read more
RWA protocols are closing in on $8B total value locked: Messari
The TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari. Go to Source
Tokenization’s next phase requires real-world data integration — Chainlink
Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance. Go to Source
BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on Hedera. Go to Source
BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would rely on the possibility of smart contracts managing these assets programmatically. BIS Boss Highlights … Read more
