Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States
The tokenization platform is part of Tether’s ambition to diversify its business from issuing the $126 billion USDT stablecoin.
Tokenization
Institutions Go All In on Crypto: Sygnum Survey Reveals 57% Respondents Plan to Boost Allocations
A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.
Singapore Pushes for Commercialization of Tokenization
The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.
Franklin Templeton Takes Its Tokenized Treasury Fund to Base, Becomes First Asset Manager on the Layer 2
Wall Street giant Franklin Templeton has made its $410 million OnChain U.S. Government Money Market Fund available Base in addition to Stellar, Aptos, Avalanche, Arbitrum and Polygon.
U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
The U.S. Treasury Department’s panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector.
Wall Street Financial Services Firm Lazard Plans to Create Tokenized Funds with Bitfinex Securities
Tokenization of conventional financial products is a booming sector within the digital asset industry, with BlackRock, HSBC and now Lazard among the global firms entering the space.
Tokenized Treasuries: A Game-Changer for Collateral in Crypto Markets
Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo.
Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the “world’s first combined equity and debt tokenized fund.”
Tokenization Could Pose Risks to Financial System, FSB and BIS Warn
The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology’s interaction with legacy systems.
Singapore’s DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients
The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.