Banking giant HSBC has reportedly launched a tokenized gold product for its retail customers in Hong Kong as the bank and the government both push to make real-world assets available...
Banking giant HSBC has reportedly launched a tokenized gold product for its retail customers in Hong Kong as the bank and the government both push to make real-world assets available...
Data tracked by 21.co shows $1.08 billion in Treasury notes has been tokenized through public blockchains. The tally has risen nearly 10-fold since January 2023 amid elevated interest rates worldwide....
BlackRock's Ethereum-based tokenized fund BUIDL enjoyed strong demand in its first week, attracting $245 million in deposits. Ondo Finance's $95 million transfer bolstered BUIDL's growth. U.S. Treasuries are a gateway...
Ondo Finance is shifting backing assets of its OUSG token to BlackRock's BUIDL tokenized fund from a less desirable short-term Treasury bond ETF. OUSG "will become significantly more usable" with...
Investment management giant BlackRock (BLK) has created a tokenized asset fund, according to a document filed to the U.S. Securities and Exchange Commission (SEC). The BlackRock USD Institutional Digital Liquidity...
CitiBank, one of the world’s largest banks, has successfully conducted a simulation demonstrating the tokenization of a private equity fund on the Avalanche blockchain network, specifically using Avalanche’s Layer 1...
"Tokenization," particularly of "real world assets," or RWAs, has recently been touted as the next big thing in crypto. Most people do not make the connection that this trend is...
David Schwartz thinks real-world asset (RWA) tokenization is primed to “drive the blockchain economy.” Schwartz, Ripple’s chief technology officer (CTO), predicts that real estate and commodities will lead to RWA...
Layer-1 blockchain Solana (SOL) led the way in 2023 in terms of token price gains, with other altcoins Avalanche (AVAX), Stacks (STX) and Helium’s (HNT) following closely behind. The digital...
The U.K. government said it plans to continue working with the financial services and technology industries to establish the legislation needed to pave the way for digital securities as it...