The Swiss financial markets regulator has granted the digital asset infrastructure firm Taurus the approval which allows its retail users to “create an account and trade digital assets and tokenized securities.” Besides receiving the FINMA approval, Taurus said it will be admitting new tokenized assets from Swiss companies that have selected TDX as their preferred […]
The Tokenized Asset Coalition (TAC), a membership organization that promotes the institutional adoption of tokenization practices to bring real-world assets to the blockchain, has published its State of Tokenization report. The document explains that 2023 saw the birth of a tokenized risk curve, with tokenization being applied to different asset classes, and predicts that its […]
Despite recently garnering much of the world’s attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof blockchain Mintlayer. The Appeal of Tokenized Real-World Assets Zaid Ismail stated that, unlike regular ETFs, trading of tokenized RWAs is not curtailed […]
The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds bypasses the need for reconciling transactions with a private bank account. Basel Issues Tokenized Bonds […]
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond, democratizing access to these investments in gemstones for small investors. […]