Banking giant Goldman Sachs is reportedly preparing to expand its crypto services with a focus on the tokenization of real-world assets (RWAs). Speaking to Fortune, Goldman’s digital assets global head Mathew McDermott says the bank has “ambitious” plans for the sector. Since providing products that investors want will be the key to success, McDermott said […]
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A widely followed trader and analyst is updating his outlook on a medium-cap crypto asset that has skyrocketed by quadruple-digit percentage points since January. The trader pseudonymously known as Altcoin Sherpa tells his 217,100 followers on the social media platform X that the utility token of Ondo Finance (ONDO), a crypto project focused on the […]
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Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
Update May 14, 12:35 UTC: This article has been updated to include quotes from Interop Labs CEO Sergey Gorbunov
Deutsche Bank, a German multinational investment bank, is collaborating with Singapore's central bank on asset tokenization.
Deutsche Bank has joined the Monetary Authority of Singapore’s (MAS) Project Guardian, which focuses on asset tokenization in wholesale funding markets and decentralized finance (DeFi) applications.
Blockchain analytics platform Santiment says one Ethereum (ETH)-based altcoin project is leading in the real-world asset (RWA) sector based on development activity. Santiment says that blockchain oracle Chainlink (LINK) is seeing the greatest amount of daily activity on the development hosting platform GitHub. LINK Is seeing more than two times the amount of development activity […]
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Based on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $381.76 million, overtaking Franklin Templeton’s onchain investment vehicle, BENJI, as the largest real-world asset (RWA) tokenized offering. Blackrock’s Digital Fund Surpasses BENJI as Leader in Tokenized Treasury Offerings Blackrock’s BUIDL has now eclipsed all other tokenized […]
The TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari.
Real-world asset tokenization protocols have seen explosive growth over the last year with the total value locked (TVL) across the sector surging to a new all-time high.
In a May 1 post to X, blockchain analytics and research firm Messari wrote that TVL for real-world asset (RWA) protocols had spiked to almost $8 billion as of April 26.
The analytics firm shared that RWA protocols had witnessed “a remarkable resurgence,” over the past year, adding that the sector’s growth had been driven by a “market preference for debt-based, high-yield investments.”
A closely followed crypto strategist thinks that Bitcoin (BTC) is presenting a golden opportunity to long-term holders. Pseudonymous analyst Inmortal tells his 212,900 followers on the social media platform X that he sees Bitcoin rallying to a fresh all-time high in the coming weeks. According to the trader, the current Bitcoin consolidation is giving long-term […]
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Kinto co-founder Victor Sanchez says real-world asset tokenization could be the future of finance and explains why BlackRock has decided to get in on the action.
The crypto markets’ focus on real-world asset (RWA) tokenization has gained momentum throughout 2024, and multiple entities within the traditional finance (TradFi) industry are also integrating blockchain and asset tokenization into their portfolios.
Cointelegraph Markets spoke with Victor Sanchez and Alan Keegan, the co-founders of the RWA-focused blockchain project Kinto, to explore the market potential of tokenized RWAs. Both shared their views on the factors behind the rapid growth of RWAs and why they believe “big institutions” such as BlackRock are bullish on the asset class.
Cointelegraph: What would you say is the driving factor behind the rapid growth of RWAs this year?
The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market participants during this period demonstrates a new level of maturity in the industry. Engagement Between Startups and Developers […]
This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million to $240 million within a span of a week. The Rise of Tokenized Real-World Assets […]