In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person from accessing lucrative investment markets. For instance, opportunities to invest in real estate have been primarily available to institutional investors or high-net-worth individuals as these investments often require […]
Blackrock, the largest asset management company in the world, has led a strategic funding round of $ 47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on the transformative capabilities of tokenization for global capital markets. …
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would rely on the possibility of smart contracts managing these assets programmatically. BIS Boss Highlights […]
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed by “real” assets. HSBC’s CEO Discusses Tokenization Plans Hong Kong’s leading commercial […]
Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for everyone. Ardoino explained that this platform would allow tokenizing bonds, stock, funds, or reward points. Tether Announces Release of […]