Sergey Nazarov Unveils Real World Asset Prediction, Says TradFi Will Flood Sector With Trillions of Dollars in Capital

September 22, 2024 The Daily Hodl

Altcoins

Chainlink (LINK) creator Sergey Nazarov says that traditional finance (TradFi) will flood the real-world assets (RWA) crypto sector with trillions of dollars. In a new speech at the TOKEN2049 conference in Singapore, Nazarov says that TradFi will ultimately be the largest customer of decentralized finance (DeFi). Nazarov says that he expects RWAs to overtake all […]

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Ecosystem health is the missing link to blockchain’s long-term success

Real-world asset tokenization is the crypto killer app — Polygon exec

September 19, 2024 Coin Telegraph

Coin Telegraph

According to Colin Butler, financial institutions that don't embrace blockchain technology will lose their relevancy and competitive edge.

Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients may be the killer application for cryptocurrencies because it dramatically reduces costs and settlement time — becoming increasingly difficult for traditional financial institutions to ignore.

"This technology is a massive disruptor for the entire global financial system," Butler said — before outlining the capital efficiencies and business opportunities for all financial institutions embracing the shift to tokenized assets.

The Polygon executive explained that the cost-cutting benefits enable financial firms to consider new business models that were previously unfeasible due to highly competitive markets and slim margins.

Ecosystem health is the missing link to blockchain’s long-term success

Unified Global Framework Crucial for Multi-Trillion-Dollar RWA Market, Says Finance Veteran

September 4, 2024 Bitcoin.com

bitcoin.com

The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX. Datika, a veteran of both traditional and digital finance, argues that such a framework would not only provide clarity but also […]

Ecosystem health is the missing link to blockchain’s long-term success

Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa

August 4, 2024 Bitcoin.com

Africa

Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoothly convert fiat currencies to the WUSD stablecoin. Boosting RWA and Defi Adoption Africa-focused fintech firm Canza […]

Ecosystem health is the missing link to blockchain’s long-term success

Memecoins, RWA, AI lead crypto narratives in Q2 2024

July 16, 2024 Coin Telegraph

Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024.

Memecoins, real-world assets (RWA) and artificial intelligence were the most popular narratives in the second quarter of 2024, based on CoinGecko’s website traffic.

CoinGecko released its latest crypto industry report on July 16, outlining key milestones and events in the crypto market in Q2 2024.

According to CoinGecko’s data, memecoins, RWA and AI were the top three narratives in Q2 2023, capturing as much as 36% of all CoinGecko web traffic categories during the quarter. The share is similar to Q1 2024, as noted in the report.

Ecosystem health is the missing link to blockchain’s long-term success

From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized Equities

July 16, 2024 Bitcoin.com

Alphabet

Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and […]

Ecosystem health is the missing link to blockchain’s long-term success

Chainlink (LINK) Creator Sergey Nazarov Says Real World Assets (RWAs) Are Next Big Trend in Blockchain

July 15, 2024 The Daily Hodl

Altcoins

Sergey Nazarov, co-creator of blockchain oracle service Chainlink (LINK), says that one burgeoning sector of the digital asset space is set to become a leading trend. Nazarov tells his 150,000 followers on the social media platform X that real world assets (RWAs) look poised to become the next big trend in blockchain. The RWA trend […]

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Ecosystem health is the missing link to blockchain’s long-term success

Goldman Sachs Preparing Move Into Tokenization Services Amid Interest From Clients: Report

July 10, 2024 The Daily Hodl

Daily Hodl

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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Ecosystem health is the missing link to blockchain’s long-term success

Trader Updates Outlook on Altcoin That’s Up Over 1,400% Year-to-Date, Says Solana Destined for ‘Bigger Things’

June 14, 2024 The Daily Hodl

Altcoins

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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Ecosystem health is the missing link to blockchain’s long-term success

Deutsche Bank joins Singapore’s asset tokenization project

May 14, 2024 Coin Telegraph

Banks

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.

real-world assets

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