Chainlink integrates with Coinbase tokenized assets platform

December 11, 2024 Coin Telegraph

ADGM

Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond.

Blockchain oracle network Chainlink has integrated with Coinbase’s Project Diamond, Coinbase’s digital asset platform for global institutions. The integration will provide data and enable full lifecycle management of new tokenized assets on the platform.

Project Diamond is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) and is a resident of the ADGM RegLab sandbox. It has the trade name Onchain Marketplace. That implementation will be upgraded in the integration.

Peregrine, the PSG Digital business regulated by the ADGM, will be the flagship user of the integrated platform.

4 more virtual asset trading platforms licensed in Hong Kong

Over 400 million crypto wallets have a non-zero balance — Chainalysis

December 7, 2024 Coin Telegraph

2024 bull run

According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption.

Over 400 million crypto wallets have positive balances as the bull market continues to heat up, according to Chainalysis. The current rally is attracting institutional and retail users to crypto, particularly those transacting in dollar-pegged stablecoins.

According to a Dec. 5 report, the rise in wallets with a non-zero balance represents a clear trend that crypto adoption is steadily increasing, despite wallet addresses not necessarily indicating the number of people using a blockchain.

“It is clear that we’re experiencing a seismic shift in both perception and usage,” the Chainalysis team wrote.

4 more virtual asset trading platforms licensed in Hong Kong

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

October 9, 2024 Bitcoin.com

Vaneck Launches M Fund to Boost Fintech, Crypto, and AI Startups

artificial intelligence

Vaneck, a global investment management firm, has announced the launch of a $30 million early-stage venture fund targeting fintech, digital assets, and artificial intelligence (AI) startups. Vaneck’s $30M Fund to Invest in Fintech, Digital Assets, and AI Named Vaneck Ventures, the fund will support companies in the pre-seed and seed stages, continuing the firm’s strategy […]

4 more virtual asset trading platforms licensed in Hong Kong

VanEck Launches New $30,000,000 Venture Fund Focused on Crypto and Artificial Intelligence

October 9, 2024 The Daily Hodl

VanEck Launches New ,000,000 Venture Fund Focused on Crypto and Artificial Intelligence

Investment management giant VanEck is launching a new multimillion-dollar venture fund focused on crypto and artificial intelligence (AI). In a new press release, the exchange-trade fund (ETF) provider announces the launch of VanEck Ventures, a $30 million early seed fund focused on investing in firms that are “operating at the intersection of fintech, digital assets, […]

The post VanEck Launches New $30,000,000 Venture Fund Focused on Crypto and Artificial Intelligence appeared first on The Daily Hodl.

4 more virtual asset trading platforms licensed in Hong Kong

Aussie Bank Joins MAS’ Digital Asset Interoperability Project

October 2, 2024 Bitcoin.com

bitcoin.com

The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging tokenized assets like commercial paper. ANZ aims to contribute to developing a stable, secure digital […]

4 more virtual asset trading platforms licensed in Hong Kong

Visa Introduces Tokenized Asset Platform for Blockchain-Based Financial Services

September 26, 2024 Bitcoin.com

bitcoin.com

Visa has launched the Visa Tokenized Asset Platform (VTAP), a new product designed to help banks issue fiat-backed tokens on the Ethereum blockchain. This platform aims to digitize and automate the trading of real-world assets, such as commodities and bonds, using smart contracts. VTAP provides financial institutions with the tools and infrastructure needed to tokenize […]

4 more virtual asset trading platforms licensed in Hong Kong

Tokenized asset market to hit $10T by 2030: Chainlink report

September 25, 2024 Coin Telegraph

Tokenized asset market to hit T by 2030: Chainlink report

$10 trillion market

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.

4 more virtual asset trading platforms licensed in Hong Kong

Digital Asset, DTCC complete collateral tokenization pilot

September 23, 2024 Coin Telegraph

atomic transaction

The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset.

Blockchain solutions provider Digital Asset and the Depository Trust & Clearing Corporation (DTCC) have completed their US Treasury Collateral Network pilot project on the Canton Network. The project brought together 26 market participants to carry out 100 transactions.

The project used tokenized “digital twins” of Treasury bonds (USTs) in four use cases using the Canton Network Global Synchronization and DTCC LedgerScan features to demonstrate transaction flows and a case of default.

In the first use case, a digital twin was created of real-world assets (USTs) for an investor and then set aside. The digital twin was registered with the central security depository. The digital twin could be used for the same purposes as the asset itself — trading, lending or collateral, for example.

4 more virtual asset trading platforms licensed in Hong Kong

Securitize Selects Wormhole as Official Blockchain Interoperability Provider

September 21, 2024 Bitcoin.com

asset tokenization

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 […]

4 more virtual asset trading platforms licensed in Hong Kong

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 […]

tokenized assets

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