Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues.
Tokenization
Brevan Howard-Backed Tokenization Firm Libre Arrives on NEAR Blockchain
NEAR Protocol’s cross-chain signing feature will allow users on multiple blockchains to transact with Libre’s selection of tokenized credit and hedge funds.
Crypto Is Now a Non-negotiable for Traditional Banks
Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.
Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In
HSBC bank completed three proof of concepts in Hong Kong’s Ensemble sandbox.
State Street Selects Taurus for Crypto Custody, Tokenization
The bank will start with tokenization and plans to offer digital asset custody once the U.S. regulatory environment improves.
Tokenized Asset Issuer Backed to Offer Crypto RWAs in LatAm with eNor Securities
ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.
German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
The Mortgage Industry Meets Digital Asset Capital Markets
Tokenized private funds primed for adoption as the industry has seen with short-term liquidity products, says Peter Gaffney, vice president, business development & strategy at Blue Water Financial Technologies Services LLC.
Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger
This is part of a larger fund that Ripple will allocate to tokenized T-bills provided by OpenEden and other issuers.
California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push
The service, developed by Oxhead Alpha, will let users transfer vehicle titles in minutes without going to an office versus the two weeks in the traditional system.