The platform gives investors access to cash flows of nearly 1,900 apartments, while helping property owners access capital.
The program aims to drive innovation in tokenized real-world assets as blockchain adoption accelerates.
A new report from Security Token Market forecasts $30 trillion in asset tokenization by 2030, led by stocks, real estate, bonds and gold.
The son of the U.S. president made a surprise appearance at the Ondo Summit in New York City on Thursday.
CEO Nathan Allman said "financial markets are overdue for an upgrade" as tokenization efforts gather steam globally.
Ondo Finance's native token, MANTRA's OM and Chintai's CHEX posted double-digit gains during the crypto rebound, while many altcoins still nursed losses.
Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
What to pay attention to this year as capital markets transfer onto the blockchain. By Jason Barraza.
Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.
The platform has brought over $4 billion of traditional assets on-chain, ranging from renewable energy projects to mineral rights and private credit.
Sonnenshein left asset management firm Grayscale, issuer of spot bitcoin and ether ETFs, earlier this year.
Holders of BlackRock's tokenized money fund can now tap into DeFi opportunities while earning interest from United States Treasury bills, Securitize said.
The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.
The tokenization platform is part of Tether's ambition to diversify its business from issuing the $126 billion USDT stablecoin.
The investment giant is bringing its real-world asset fund to Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet and Polygon.
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Tokenization of conventional financial products is a booming sector within the digital asset industry, with BlackRock, HSBC and now Lazard among the global firms entering the space.
Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals.
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the "world’s first combined equity and debt tokenized fund."
The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.
Tokenized collateral could have helped avoid or lessen the 2022 "liability-driven" crisis, Donna Milrod, chief product officer said in the interview with Financial News.
Midas acquired regulatory approval to issue its basis trade and U.S. Treasuries tokens in Lichtenstein, and passported across Germany and Europe, Midas co-founder Dennis Dinkelmeyer said.
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.
Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts.
Assetera will use Ethereum scaling network Polygon to secure transactions and utilize stablecoins for purchase, clearing and settlement to ensure the process is fast and efficient.