Search Results for "tokenization"
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Top Brazilian Crypto Exchange Mercado Bitcoin Adopts Sports Token Chiliz
Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, has announced its plans to add sports token Chiliz ($CHZ) to its existing list of digital assets.
Abu Dhabi's Regulated Carbon-Credit Exchange: Tokenising Offsets on Blockchain for a $50 B Net-Zero Market
Abu Dhabi is launching a blockchain-based carbon credit marketplace, aiming for a net-zero economy by 2050. The regulated exchange will tokenize carbon offsets, enhancing transparency and efficiency. With institutional backing and federal mandates for emissions reporting, the initiative could capture a significant share of the growing carbon market. However, challenges such as regulatory clarity and potential greenwashing remain. If successful, this could lead to a pioneering net-zero commodities exchange in the region.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0
According to FUSANG CEO Henry Chong, the CCB's historic blockchain-based bond listing, the first tranche of $3 billion in debt, marks a transition into what he calls “Crypto 2.0”
Ripple's Colombia Real Estate Tokenization Project Halts as New Govt Takesover
Ripple's project to register real estate on blockchain in Colombia is facing a crisis after a new government came into power.
VTB Bank's Subsidiary Tokenizes Commercial Debt in Landmark DFA Transaction
Russia’s state-owned bank VTB's subsidiary, VTB Factoring has completed the country’s first commercial paper tokenization through a partnership with Lighthouse, an information system operator and startup.
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion.
Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins
Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.
Institutional Investors Seek Tokenization Solutions
Institutional investors are seeking solutions for easy implementation of tokenization to improve liquidity for global assets expected to reach $145.4 trillion by 2025. Polygon has been working with global players such as Hamilton Lane, which has already tokenized part of its $824 billion assets under management, and JPMorgan, which executed its first cross-border DeFi transaction on the Polygon network.
WHO's 90-Country Blockchain Ledger: Real-Time Vaccine Tracking from Factory to Clinic
The WHO is developing a blockchain-based Global Digital Health Certification Network (GDHCN) to track vaccines across 90 countries by late 2026. This tamper-proof ledger aims to enhance verification of vaccination certificates and reduce wastage, leveraging technology initially based on the EU's Digital COVID-19 Certificate. With early pilots showing success in tracking doses, the project could revolutionize public health logistics. However, challenges like privacy concerns and local liquidity issues remain. If successful, it could create a robust framework for future immunization efforts worldwide.
Ripple's CBDC Team Reveals Real Estate Tokenization
Antony Welfare, Ripple's CBDC adviser, recently participated in a fintech conference in Central and Eastern Europe (CEE), where he presented two groundbreaking use cases. One of these is the tokenization of real estate, a concept that is rapidly gaining momentum as a potential future for the real estate industry, as he claimed