Coinbase is restarting plans to tokenize its COIN shares and other securities in the U.S. after the Securities Exchange Commission formed a new cryptocurrency task force. The plan was first attempted in 2020 but abandoned due to regulatory hurdles. With the SEC's new cryptocurrency task force, the company sees new opportunities to integrate blockchain into traditional finance. Coinbase CFO Alesia Haas at Morgan Stanley TMT.
According to Tether CEO Paolo Ardoino, Tether's digital asset tokenization platform Hadron now supports asset tokenization on the Liquid Bitcoin Layer 2 network.
The HBAR Foundation has announced an undisclosed investment in the Archax-tokenized Fidelity International Dollar Money Market Fund. The investment follows the recent tokenization of MMFs on the Hedera network by Archax, the first FCA-regulated digital asset exchange, broker, and custodian, and a distributor of Fidelity International funds. These tokenized shares are available on the Archax platform, allowing investors to gain exposure to assets through a blockchain-powered mechanism.
On February 20, the time tokenization platform Time.fun said on the social platform that it will launch the Solana network on February 24. Previously reported, on November 1, 2024, the Base-based time tokenization platform Time.fun announced its migration to Solana. Time.fun co-founder 0xKawz said, "For the most part, the Ethereum ecosystem is all about technology and self-righteousness. If Ethereum doesn't solve its cultural problems, Solana will dominate as more builders like Time.fun choose t...
According to official news, swarms announced that the beta version of its AI Agent tokenization platform Launchpad has been officially launched. Users can tokenize AI Agents on the platform, and earn profits and SWARMS token rewards by providing high-quality AI Agents.
GD10 Capital announced a strategic investment in EstateX, a tokenized real estate investment platform, for an undisclosed amount. The platform supports individuals to invest in minimum and increased liquidity real estate assets. The new funds are intended to support its construction of the RWA protocol and L1 blockchain that support real estate tokenization.
Toyota Financial plans to issue a yen digital bond in March this year through the Progmat tokenization platform. The total size is 1 billion yen (about 6.60 million US dollars), and the face value of a single 100,000 yen (about 658 US dollars). The issuance is not only one of the few digital bonds issued by Japanese companies, but also specifically for retail investors. It is experimental in nature.
Ondo has developed a new tokenization platform designed to connect U.S. securities such as stocks, bonds and ETFs with blockchain. Investors will be able to access securities on the New York Stock Exchange (NYSE) and Nasdaq (NASDAQ). Each token is backed 1:1 to ensure a level of trust and stability.
French fintech company Spiko has deployed its tokenized U.S. and European Union T-Bills money market fund on Arbitrum One to bring institutional-grade investment assets to the L2 blockchain, which is regulated by the European Commission's Collective Investment Scheme for Transferable Securities (UCITS). Two UCITS-compliant investment vehicles with tokenized shares are USTBL and EUTBL.
On January 28, BlackRock-led tokenization platform Securitize announced that Wormhole has been launched as its main interoperability solution. The Wormhole feature will allow funds tokenized on the Securitize platform to be transferred seamlessly and securely between all blockchain networks backed by Securitize, whose clients include Hamilton Lane, KKR and BlackRock. Securitize launched the BlackRock Dollar Institutional Digital Liquidity Fund (BUIDL) in March 2024, with total assets under manag...
On January 21, RWA tokenization protocol Hamilton completed a $1.70 million Pre-Seed round of financing, which was led by DisrupTech Ventures and included CMS, DeSpread, Hyperithm, Core Ventures and other strategic investors. Hamilton is a protocol for bringing tokenized assets to Bitcoin, working to combine traditional financial instruments with the security and transparency of Bitcoin. Hamilton will launch three flagship products: HUSD, a Bitcoin-native stablecoin backed by U.S. bonds; and HUS...
Next Monday's meeting of the Eurogroup, an informal body of economic and financial ministers that meets to discuss issues related to the euro, will discuss tokenization, distributed ledger (DLT) technology and central bank funding for wholesale settlements, as well as the state of retail digital euros. Hyun Song Shin, economic advisor and head of the Monetary and Economic Department at the Bank for International Settlements (BIS), will participate in the discussion. He is involved in the Agora p...
Next Monday's meeting of the Eurogroup, an informal body of economic and financial ministers that meets to discuss issues related to the euro, will discuss tokenization, distributed ledger technology and central bank funding for wholesale settlements, as well as the state of retail digital euros. Hyun Song Shin, economic advisor and head of the Monetary and Economic Department at the Bank for International Settlements (BIS), will participate in the discussion. He is involved in Project Agorá, a...
Barcelona-based RWA tokenization platform Brickken has completed a $2.50 million seed round, valuing itself at over $22.50 million. Participants in the seed round include Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha and Hodl Ventures. The RWA platform will use the newly raised funds to fund its European expansion and drive the "transformation of asset management through blockchain". Some of the funds will be used to introduce more enterprise-grade solutions to the platform, such ...
The Organization for Economic Co-operation and Development (OECD) report analyzes the reasons why tokenization has not been adopted more quickly, noting that while tokenization brings efficiency gains, improved securities settlement, and opportunities for innovation, it faces many challenges. The report mentions that the lack of a sufficient investor base is the main obstacle, leading to a lack of liquidity, making issuers cautious about tokenization. The issuance of sovereign bonds can help pro...