According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption.
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 Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
The tokenization platform is part of Tether's ambition to diversify its business from issuing the $126 billion USDT stablecoin.
Franklin Templeton has expanded the trading of its OnChain U.S. Government Money Market Fund to the largest blockchain, Ethereum.
The investment giant is bringing its real-world asset fund to Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet and Polygon.
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.
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."
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.
Börse Stuttgart Group’s blockchain test, in collaboration with the European Central Bank, aims to revolutionize securities transactions by reducing settlement times to minutes.
The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
Superstate's new offering comes after its first tokenized fund of short-term U.S Treasury bills, which debuted earlier this year.
Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.
MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.
The two-year-old layer-1 blockchain is teaming up with the digital assets financial services provider to create new infrastructure options.
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.
Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.
BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.
The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.
Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.
The combined market cap of tokenized Treasuries mushroomed to over $760 million from $110 million earlier this year, according to RWA.xyz data.