Ondo Finance, a tokenized real-world asset platform, has launched Ondo Chain, a Layer 1 blockchain for institutional finance. Ondo Chain is designed to meet institutional compliance standards while maintaining the transparency and accessibility of public blockchains such as Ethereum. The network will rely on licensed validators to verify transactions and ensure accurate financial data, such as asset prices and token support. It will also support staking of tokenized real-world assets and native ...
In order to meet the growing market demand for tokenized real-world assets from fund issuers and investors, Provenance Blockchain Labs (ProvLabs), a blockchain development company that is leveraging the dApps and expertise TradFi needs to digitize trillions of dollars of assets on the Provenance Blockchain to build a modern financial services operating system, announced the launch of a platform that provides comprehensive tokenization, management, listing, and lending solutions. The announcement...
Etherfuse, a tokenized real-world asset platform, announced the completion of a $3 million funding round to bring emerging market debt to the chain, led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair, and angel investors Alice Ann Schwartz and Anna Yuan. The new funding will support Etherfuse in its mission to programmatically provide the next generation of blockchain developers with the debt and assets ...