New data reveals that Bitcoin’s (BTC) network processed $19.2 trillion worth of BTC transactions during the last year. In a new thread on the social media platform X, Pierre Rochard, a vice president of mining firm Riot Platforms, says the huge amount of funds processed indicates that the crypto king is both a store of […]
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Michael Sonnenshein former CEO of digital asset manager Grayscale Investments, has been appointed Chief Operating Officer (COO) of Securitize. Grayscale Executive Michael Sonnenshein Pivots to Asset Tokenization Ten-year Grayscale veteran Michael Sonnenshein who led the digital investment giant from 2021 to 2024 has now joined asset tokenization leader Securitize as its chief operating officer (COO), […]
An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets. News of the collaboration served as a […]
The post Asset Tokenization Altcoin Skyrockets by 110% in a Day Amid New Partnership With SEC-Registered Broker-Dealer appeared first on The Daily Hodl.
According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30-trillion market cap by 2030.
BNB Chain has unveiled a new real-world asset tokenization service that provides individuals and businesses with a no-code solution to tokenize real-world assets in “minutes.”
According to the announcement, the new service streamlines the process of asset tokenization through in-built compliance tools and clear guidance through each step of the tokenization process — including asset securitization and onchain minting of tokens.
Outsourcing the tokenization process to the BNB Chain’s tokenization solution significantly reduces the cost, time and labor required to tokenize assets, lowering the barrier to entry for small businesses seeking to leverage real-world asset tokenization.
Despite current crypto market volatility, Chainlink projects rapid growth in tokenized assets, driven by institutional demand and regulatory advancements.
Chainlink, a decentralized oracle provider, has released a report forecasting that the global tokenized asset market could surge to $10 trillion by 2030.
Chainlink outlines how institutional adoption and regulatory progression drive the rise of tokenized assets globally despite the recent volatility in cryptocurrency markets.
The report draws on insights from a report by 21.co, a blockchain-focused fintech company, and a joint study by BCG, a management consulting firm, and ADDX, a digital securities exchange.
Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems. Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration According to the announcement […]
Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more affordable for younger Kenyans, regardless of their income levels. During the 12-month sandbox period, Ownmali will adhere to regulatory requirements, […]
Stablecoin giant Tether is eager to learn about the possibilities of introducing new business lines into Turkey’s banking in cooperation with the local crypto firm BTguru.
Tether is increasing its presence in Turkey by partnering with a local cryptocurrency firm to promote industry knowledge.
The firm, issuer of the Tether (USDT) stablecoin, has signed a memorandum of understanding (MoU) with local crypto platform BTguru to evaluate digital asset-related educational initiatives in Turkey, it announced on July 2.
BTguru positions itself as a technology and strategy partner, specializing in virtual crypto assets “for primarily banks.”
While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain technology is a far more sustainable approach. Therefore, instead of relying solely on lobbying efforts or […]
The rating agency will provide its perspective on risk mitigation in tokenized fixed income transactions.
S&P Global Ratings is the latest institution to join the Monetary Authority of Singapore’s (MAS) massive Project Guardian. The two-year-old project examines the role asset tokenization can play in the liquidity and efficiency of financial markets.
Project Guardian seeks to establish standards and policy guidelines and to develop a commercially oriented digital asset ecosystem. S&P Global will participate in fixed-income pilot projects. S&P Digital Assets analytical lead Andrew O'Neill said in a statement:
Within the fixed-income pilots, institutions are conducting foreign exchange and bond transactions against liquidity pools of tokenized bonds and currencies. They are also carrying out repurchase agreements with digital bonds an developing a listing framework for debt securities and an initial token offering for digital tokens offered on the Singapore Exchange.
