Finance
BlackRock Considers Tokenizing ETFs on the Blockchain
BlackRock is exploring the possibility of creating exchange-traded funds tied to stocks on public blockchains, potentially revolutionizing trading and settlement processes.
Crypto
Chainlink's LINK Surges Following DigiFT and UBS's Tokenization Initiative in Hong Kong
The LINK cryptocurrency from Chainlink experienced a 2.5% increase as DigiFT and UBS obtained approval to automate tokenized financial products in Hong Kong.
Crypto
Binance and Franklin Templeton Collaborate to Enhance Digital Asset Offerings
The collaboration between Binance and Franklin Templeton aims to integrate tokenized securities with extensive trading capabilities, making investment products that bridge traditional and crypto markets.
Finance
Nasdaq Requests SEC Approval to Move Towards Tokenized Stock Trading
The U.S. exchange giants aim to incorporate blockchain technology for stock trading by seeking SEC's approval to facilitate tokenization.
Weekly Summary
Weekly Crypto Market Overview: Recoveries and Challenges
This week in the cryptocurrency market was filled with notable recoveries and ongoing challenges as Bitcoin fluctuated around $112K ahead of significant job reports, while XRP and Solana showcased resilience amid evolving market dynamics.
Crypto
Chainlink CEO Envisions Tokenization as the Future After Meeting with SEC Chief
Sergey Nazarov expressed optimism about the direction of asset tokenization following his discussion with SEC Chairman Paul Atkins.
Business
Tokenization Enhances Liquidity but Encounters Significant Challenges, Reports BofA
Bank of America highlights the benefits and hurdles of tokenization in a recent report.
Business
Bank of America Calls Tokenization 'Mutual Fund 3.0'
Bank of America highlights the potential of tokenized money market funds to transform investment strategies, offering advantageous yields over stablecoins.
Business
Ondo Finance Launches Platform for Tokenized U.S. Stocks and ETFs
Ondo Global Markets offers non-U.S. investors access to a range of tokenized equities backed by U.S. securities.
Finance
Galaxy Digital Enables Stock Trading on Solana via Superstate Platform
Galaxy Digital's Class A shares are now available for trading on the Solana blockchain through Superstate.
Crypto News
Binance's CZ Advocates for Public Token Treasuries Amid Risks
Binance's founder emphasizes the potential of public-company bitcoin treasuries and tokenization while cautioning about existing risks as crypto enters a new phase.
Blockchain
VersaBank Launches Tokenized Deposits on Algorand, Ethereum, and Stellar in U.S. Initiative
VersaBank introduces a pilot program for tokenized deposits to enhance compliance and efficiency in banking operations.
Business
SBI Holdings Partners with Startale to Develop Tokenized Stock Platform
The Japanese financial powerhouse SBI Holdings is venturing into the tokenized stock market through a collaboration with the Singaporean firm Startale.
Crypto
Bank of America Reports on the Impact of Stablecoins and Tokenization on Money Market Funds
A new report highlights how the demand for stablecoins and the tokenization of assets pose challenges for money market funds without significantly altering Treasury bill dynamics.
Finance
Skybridge Capital to Digitize $300M Hedge Funds on Avalanche
Anthony Scaramucci's investment firm is taking two hedge funds on-chain, collaborating with Apex Group and Tokeny for the process.
Crypto
Stellar Development Foundation Backed Archax to Enhance Asset Tokenization
The UK-regulated digital asset platform has integrated Stellar into its tokenization tool, launching a new tokenized money market fund.
Blockchain
Ripple Executive Discusses the Unique Advantages of XRP Ledger for Tokenizing Real-World Assets
Markus Infanger from Ripple outlines how the XRP Ledger is tailored for efficiently tokenizing real-world assets, emphasizing its inherent capabilities.
Business
Dinari to Unveil Its Own Blockchain Focused on Tokenized Stocks
Dinari is launching a blockchain network aimed at facilitating the trading and clearing of tokenized public equities.
Crypto
The Need for ADR Structures in Tokenized Equities
Ankit Mehta of RDC explains how depository receipts could serve as a stable foundation for the emerging sector of tokenized equities.
Blockchain
Major Financial Institutions Complete Landmark U.S. Treasury Financing Using Tokenization
The first-ever round-the-clock settlement of U.S. Treasuries utilizing tokenized assets and USDC has been achieved, marking a significant milestone in financial technology.
