Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger
This is part of a larger fund that Ripple will allocate to tokenized T-bills provided by OpenEden and other issuers.
Real World Assets
Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push
The company already runs nodes on multiple blockchain networks and is considering bitcoin mining plans, its web3 head revealed last month at a conference.
Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock’s BUIDL Success: Sources
Coinbase Asset Management is getting into tokenized money-market funds. (Robert Nickelsberg/Getty Images)
BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan
Ethena’s proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum’s development organization.
Italy’s Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial
Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.
MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate
MakerDAO’s competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.
How Tokenized Real World Assets Are Outperforming Crypto
Whether to hedge against crypto volatility, add utility and efficiencies, or streamline access to alternatives, tokenized RWAs make sense for investors and institutions alike.
Mantra to Tokenize $500M Real Estate Assets for UAE Builder MAG Group
The firm will tokenize the real estate assets in several tranches.
NFTs Are Dead (But They’re Changing Everything)
Forget million-dollar profile pictures, the real innovation of NFTs is ownership rights. This technology still has potential to transform industries, says Layne Nadeau, Founder and CEO of Nval, a pricing and analytics platform for NFTs and other assets.
McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption ‘Still Far Away’
Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report.