Institutional tokenization will propel Web 3 forward—Jason Dehni
The real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey & Company. Go to Source
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Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range of investors. Hamilton Lane Leverages Solana for … Read more
State Street eyes blockchain leap with stablecoin, deposit token: Report
The global asset manager may be on its way to the forefront of settlement technology. Go to Source
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite. Goldman Sachs Expands Crypto Services Amid Growing Institutional Interest Goldman Sachs is enhancing … Read more
Goldman Sachs to launch 3 new tokenization products this year – report
The products could include an RWA marketplace and will focus on the United States and Europe. Go to Source
France and Hong Kong Collaborate to Advance Global Tokenization Market With CBDC Initiatives
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in Wave 2 of the European Central Bank’s Eurosystem exploratory work. The institutions signed a Memorandum of Understanding (MoU) to innovate in wCBDC and tokenization markets, … Read more
Latam Insights: Paraguay Raises Bitcoin Mining Power Fees, Bolivia Praises Stablecoins as Dollar Proxy
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks about the utility of stablecoins as dollar alternatives, and Kavak tokenizes debt in Brazil. Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping … Read more
Taiwan central bank says no rush for CBDC launch
The central bank mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds. Go to Source
Bitfinex to refund investors of its failed El Salvador Hilton hotel project
Bitfinex intends to refund all investors but is firstly awaiting a potential new offer from the debt issuer to keep the project alive. Go to Source
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector. The move aims to enhance financial accessibility and liquidity within the Bitcoin ecosystem. U.S. Treasury Bills Tokenized on Bitcoin’s L2s Hamilton, a startup … Read more