How Is Tokenization Impacting Investing?
Decentral Park’s Kelly Ye provides an overview of what tokenization is and how will it affect the investment landscape.
Tokenized Assets
Tokenization News Roundup: Pendulum Swings Toward Doubters
In recent weeks, the buzz around the emerging tool of tokenizing real-world assets has been on how it will grow to achieve the $16 trillion-by-2030 potential that the Boston Consulting Group predicted last year. Inevitably, criticism intrudes, and this week there is sober opinion, caution and skepticism in the zeitgeist.
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.
Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.
Nigeria’s SEC Mulls Allowing Tokenized Equity, Property but Not Crypto: Bloomberg
The regulator is considering applications for digital asset exchanges on a trial basis.
Crypto Trading Legend’s Next Move Is Bringing U.S. Treasurys to Crypto, With Plans for Corporate Bonds, Too
Maxime Boonen, co-founder of B2C2 and PV01 (PV01)
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
The tokenized gold market reached over $1 billion in value last month, the report said.
Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network
Swiss commodities trading firm Muff Trading AG issued corporate bonds using Obligate’s decentralized finance platform, which is set to open to the public on 27 March.
Has Tokenization’s Moment Finally Come?
Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms. This could offset traditional finance risks and broaden investment opportunities.