Since surpassing the $ 2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $ 210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $ 531.88 million, reflecting a 3.32% rise over the last …
Visa has launched the Visa Tokenized Asset Platform (VTAP), a new product designed to help banks issue fiat-backed tokens on the Ethereum blockchain. This platform aims to digitize and automate the trading of real-world assets, such as commodities and bonds, using smart contracts. VTAP provides financial institutions with the tools and infrastructure needed to tokenize […]
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $ 2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value. Tokenized Bond Market Breaks $ 2 Billion Barrier, With …
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized […]
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $ 1.6 trillion in assets under management, …