Ondo Finance to Move $95M to BlackRock’s Tokenized Fund for Instant Settlements for Its T-Bill Token
The allocation marks to first example of a crypto protocol leveraging BlackRock’s tokenized fund for its own offering.
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The allocation marks to first example of a crypto protocol leveraging BlackRock’s tokenized fund for its own offering.
We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital of digital assets, Benjamin Dean.
The Technology Working Group’s report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
BlackRock Inc (NYSE: BLK) is the world’s largest asset manager with $10 trillion in assets under management (AUM). Now, the … Continue reading
The post Massive adoption alert: $10 trillion BlackRock to launch tokenization fund appeared first on Finbold.
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
Dubai (Christoph Schulz/Unsplash)
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
The study was designed to look at the largely unexplored “intricacies” of user behavior and dynamics of decentralized finance lending, the authors said.
Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions.