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.
Tokenized Assets
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.
TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to take out crypto loans by pledging TrueFi’s U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
BlackRock Creates Fund With Securitize, a Big Player in Real-World Asset Tokenization
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins
Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
Tokenized Treasuries’ Surging Demand Prompts Yield-Bearing Offering by Enigma Securities
U.S. Treasuries are a gateway for tokenization efforts, and has grown to a $850 million market from $100 million over the past year, rwa.xyz data shows.
TaxWraps: Unwrap the Financial Gift of Tokenization This Christmas
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.
UK Publishes Regulations for a Digital Securities Sandbox
The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.
Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen’s Green Bonds on Ethereum
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.
Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto’s RWA Race Intensifies
Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.