Mantra to Tokenize $500M Real Estate Assets for UAE Builder MAG Group
The firm will tokenize the real estate assets in several tranches.
Real World Assets
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.
RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
This was the first example of transferring tokenized versions of life insurance policies, the company said.
Whales signal: Large investors are selling this trending RWA cryptocurrency
Chainlink (LINK) has been trending year-over-year, fueled by the real-world assets (RWA) narrative, attracting retail investors and increasing in price. … Continue reading
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The Promises and Perils of Private Asset Tokenization
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Franklin Templeton’s Jenny Johnson on Bitcoin ETFs, RWA Tokenization and Blockchain’s Potential for TradFi
The president and CEO of the asset management giant said blockchains are “transformational tech” that can help drive down operational costs during a panel discussion at Consensus 2024.
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.
DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating; LINK Gains 7%
The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization.
Solana-Based Marketplace AgriDex Raises $5M to Tokenize Agricultural Industry
AgriDex brings agricultural commodities onto the blockchain by allowing crops to be bought on its marketplace with finalized deals backed by non-fungible tokens (NFTs).