Tokenized RWA

RedSwan Tokenizes $4 Billion Mixed-Use GCC Portfolio for Dubai-Based Client
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RedSwan Tokenizes $4 Billion Mixed-Use GCC Portfolio for Dubai-Based Client

RedSwan, based in Houston, Texas, continues its advancement in the real estate tokenization sector. On September 21st, 2023, the company secured an assignment to onboard and distribute a $4 billion real estate portfolio onto the blockchain. This portfolio, managed by Dubai-based WhiteRocks Holding, includes 36 mixed-use properties in the Middle East Gulf States region. RedSwan’s...

Societe Generale Issues Tokenized Green Bonds on Ethereum Blockchain
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Societe Generale Issues Tokenized Green Bonds on Ethereum Blockchain

Tokenization Trend Gains Momentum in Traditional Finance Societe Generale (SocGen), the French banking heavyweight, has successfully issued its first tokenized green bonds on the Ethereum network, a move highlighting the increasing adoption of blockchain technology in traditional financial sectors. SocGen’s Pioneering Step with Digital Bonds SocGen has generated €10 million ($10.8 million) in digital green...

Bitfinex’s Tokenized Bond Offering Sees Limited Success
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Bitfinex’s Tokenized Bond Offering Sees Limited Success

Bitfinex Securities’ first tokenized bond, ALT2611, has raised only $1.5 million against its $10 million target two weeks post-launch. This development indicates a tepid response to what was initially touted as a significant innovation in capital raising. About the ALT2611 Tokenized Bond Launched on November 15, the ALT2611 Tokenized Bond is a digital representation of...

Uranium3o8: A New Uranium-Linked Token Enters the Crypto Market
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Uranium3o8: A New Uranium-Linked Token Enters the Crypto Market

In an innovative move, the blockchain industry has introduced a new uranium-linked token, Uranium3o8 (U), which began trading on Uniswap. This token aims to revolutionize the way uranium, a crucial metal for nuclear energy production, is traded. Bridging Uranium and Blockchain Madison Metals Inc., a Canadian public uranium exploration and development firm, backs the U...

Taurus Expands to UAE, Eyeing Tokenized Real Estate Opportunities in Dubai
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Taurus Expands to UAE, Eyeing Tokenized Real Estate Opportunities in Dubai

Taurus, a Swiss-based digital asset infrastructure provider, is setting up a new office in the United Arab Emirates (UAE), aiming to capitalize on the burgeoning tokenized real-world assets (RWAs) market, particularly in Dubai’s real estate sector. Dubai: A Fertile Ground for Real Estate Tokenization With Dubai’s housing industry projected to grow by 15% in 2024,...

Polytrade Enhances Real-World Asset Marketplace in Collaboration with Major Protocols
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Polytrade Enhances Real-World Asset Marketplace in Collaboration with Major Protocols

Polytrade, known for its role in the real-world asset (RWA) protocol space, is advancing its platform capabilities to address the complexities of real-world assets. The company is launching an RWA Marketplace, designed to streamline the aggregation, tokenization, and liquidity processes for RWAs. Creation of a Comprehensive RWA Marketplace The proposed RWA Marketplace by Polytrade aims...

Euroclear introduces a tokenization service for RWA, with World Bank’s issuance of a digital bond worth 100 million euros
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Euroclear introduces a tokenization service for RWA, with World Bank’s issuance of a digital bond worth 100 million euros

● Euroclear has launched its Digital Securities Issuance (D-SI) service, which allows for the issuance, distribution, and settlement of fully digital international securities. ● The inaugural issuance was done by the World Bank, raising EUR 100 million and listed on the Luxembourg Stock Exchange. ● Euroclear’s D-SI service is part of its Digital Financial Market...