Bahrain-Regulated Crypto Exchange Enters $1B Tokenized Gold Market as RWA Demand Grows
Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.
Tokenized Assets
Tokenized Asset Manager Superstate Registers Transfer Agent with SEC
Superstate Services will first support the firm’s two funds with plans to expand services to other issuers as the market for tokenized securities grows.
Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates
Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.
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.
Franklin Templeton Expands $410M Money Market Fund to Ethereum Blockchain
Franklin Templeton has expanded the trading of its OnChain U.S. Government Money Market Fund to the largest blockchain, Ethereum.
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.
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.”
Ethena Picks BlackRock’s BUIDL, Mountain, Superstate and Sky’s USDS for $46M Tokenized RWA Investment
Ethena’s $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.
State Street Works on Tokenized Bond and Money Market Fund; No ‘Current Plans’ for Stablecoin Project
Tokenized collateral could have helped avoid or lessen the 2022 “liability-driven” crisis, Donna Milrod, chief product officer said in the interview with Financial News.
CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.