Using tokenized assets to satisfy margin requirements could help asset managers improve capital efficiency, said Cynthia Lo Bessette.
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
Growth comes from increases in TVL on Ethena USDtb and BlackRock's BUIDL.
The Dubai Land Department's initiative aims to expand access and transparency for property investments using blockchain rails.
Sky, formerly MakerDAO, announced last year its plan to allocate $1 billion of reserve assets in tokenized real-world asset products.
BUIDL is a key building block for multiple yield-generating offerings as a reserve asset, and it's increasingly used as collateral on trading platforms.
Ondo Finance, BlackRock-Securitize and Superstate gained the most among the larger issuers, while Hashnote's USYC declined.
The stablecoin issuer acquired Hashnote earlier this year with plans to expand its USYC token as collateral option for institutional investors.
Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.
Mastercard's MTN incorporates API-enabled blockchain tools to allow banks to streamline domestic and cross-border transactions
Mavryk Dynamics aims to simplify RWA tokenization and DeFi integration, making digital asset ownership more accessible.
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.