Tokenization

Tokenized Funds Highlight Untapped Market Potential, Says Moody’s
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Tokenized Funds Highlight Untapped Market Potential, Says Moody’s

In a recent analysis, Moody’s, a leading financial services corporation, has identified a significant rise in blockchain-based tokenized funds. This growth, particularly in fixed-income tokenized funds investing in government securities, is seen as an indication of untapped market potential. The surge, partly driven by U.S. Federal Reserve interest rate hikes, has seen tokenized fund issuance...

India’s GIFT City to Launch Regulated Asset Tokenization Platform
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India’s GIFT City to Launch Regulated Asset Tokenization Platform

GIFT City Preparing for Tokenization of Real World Assets GIFT City, Gujarat’s international financial services center (IFSC), is set to launch its first regulated tokenization platform for real-world assets (RWA) in January 2024. This initiative positions GIFT City as a potential competitor to established financial hubs like Singapore and Dubai. Real Estate to Lead Tokenized...

Taurus Partners with Teylor for Credit Tokenization in German SME Sector
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Taurus Partners with Teylor for Credit Tokenization in German SME Sector

Innovative Tokenization of SME Loans Taurus, a digital asset infrastructure provider, has teamed up with Teylor, a German fintech firm specializing in small business loans, to transform loans for small and medium enterprises (SMEs) into tokenized assets. This partnership aims to provide tokenholders with monthly cash flows from these assets. Integration with Taurus Infrastructure and...

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...

DigiFT Becomes Singapore’s First Regulated Public Blockchain Exchange for Asset Tokenization
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DigiFT Becomes Singapore’s First Regulated Public Blockchain Exchange for Asset Tokenization

Landmark Licensing in Singapore’s Blockchain Sphere DigiFT, an Ethereum-based digital assets exchange, has achieved a significant regulatory milestone. The Monetary Authority of Singapore has granted DigiFT a Capital Market Services (CMS) license and recognized it as a Recognized Market Operator (RMO). This development, as reported on Nov. 5, positions DigiFT at the forefront of regulated...

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...

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,...

Banking giants abuzz about tokenization of real-world assets as DeFi craves collateral
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Banking giants abuzz about tokenization of real-world assets as DeFi craves collateral

Banks and blockchains: Together at last? Tokenization, the blockchain-based ownership and exchange of real-world assets (RWA), was one of the buzzwords at last week’s Sibos conference in Toronto, the global banking industry’s annual technology convention. Old hands in the cryptocurrency field are probably rolling their eyes, remembering the “blockchain, not bitcoin” narrative that was popular...

Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
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Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America

The tokenized gold market reached over $1 billion in value last month, the report said. The tokenized gold market surpassed $1 billion in value last month as the tokenization of real-world assets gathers pace, Bank of America (BAC) said in a research report Thursday. Tokenization is the process of putting ownership of tangible assets, such...

Bank of England Braces for Widespread Use of Tokenization
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Bank of England Braces for Widespread Use of Tokenization

The Bank of England (BoE) is preparing for groundbreaking innovations in finance, spearheaded by the rise of stablecoin, central bank digital currencies (CBDCs), and tokenized bank deposits. BoE Deputy Governor Sir John Cunliffe shared the central bank’s position at the Innovative Finance Global Summit on Monday during his keynote address. Cunliffe said the central bank...