TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
Tokenization
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).
Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
Private credit has been at the forefront of crypto’s asset tokenization trend with over $600 million outstanding on-chain assets.
TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval
Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi’s sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.
BlackRock’s BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton’s
BlackRock’s first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
Why Asset Tokenization Is Inevitable
On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutional business at L1.
Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody’s
There aren’t enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.
Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration
Introducing Ondo Finance’s offerings to Cosmos “will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments,” Ondo’s founder Nathan Allman said.
Time to Take the Reins on Tokenization, or Risk Missing Out
Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets at DTCC.