Asset Tokenization Draws Focus From Global Securities Watchdogs
The International Organization of Securities Commissions wants to analyse whether or not further policy direction is needed for tokenization.
Tokenization
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.
Central Bank Group Starts Tokenization Project to Enhance Monetary System
The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said.
Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains
Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.
BlackRock’s Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton’s Older Offering
The tokenized U.S. Treasury market is poised to reach $1 billion “very soon” given the growth of BlackRock’s BUIDL, an analyst noted.
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.
The Benefits of Assets Tokenization
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.
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
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.
BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
Massive adoption alert: $10 trillion BlackRock to launch tokenization fund
BlackRock Inc (NYSE: BLK) is the world’s largest asset manager with $10 trillion in assets under management (AUM). Now, the … Continue reading
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