Tokenized Assets

Tokenized Assets

Finance

Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain

The race for the "everything exchange" makes Wall Street operators and crypto exchanges rivals and partners at the same time.

Nasdaq sign on a building

Markets

Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion

Circle’s USYC tokenized U.S. Treasury fund has grown to $2.2 billion, surpassing BlackRock’s BUIDL fund as investors increasingly seek onchain yield and collateral.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Kraken's tokenized stock venue starts points program, hinting at possible ecosystem token

The initiative will reward trading and DeFi use of tokenized stocks as the sector tops $1 billion and gains traction with major exchanges.

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)

Finance

Bank of Canada, country’s largest banks complete first tokenized bond trial

Project Samara will continue to test issuing, trading and settling bonds using digital Canadian dollars on a distributed ledger.

Bank of Canada

Finance

Kraken rolls out crypto-style, 24/7 perpetuals trading for tokenized U.S. stocks

The crypto exchange is bringing U.S. stocks closer to the crypto world, letting users trade derivatives of tokenized stocks around-the-clock and with 20x leverage.

Kraken

Finance

Binance brings back tokenized stocks trading with Ondo Finance deal

The world’s largest crypto exchange has listed a batch of tokenized U.S. equities issued by Ondo Finance on its Binance Alpha platform, reviving stock trading push.

Binance

Finance

Canton advances cross-border repo to free up $300 trillion assets via tokenization

A group of global financial firms tokenized a repo transaction with U.K. government bonds for the first time.

16:9 Pounds (PublicDomainPictures/Pixabay)

Finance

Dubai takes next step to make real estate flips instant in $16 billion tokenization plan

Dubai Land Department and Ctrl Alt move to the next phase of real estate tokenization project, enabling the resale of property tokens.

Dubai UAE (Pexels, Pixabay)

Finance

Figure is debuting its tokenized stock along with upsized $150 million offering

The FGRD token represents common shares of the company issued natively onchain with instant settlement and built-in lending tools.

Figure executive chairman Mike Cagney (Figure)

Finance

Gold firm Elemental Royalty to pay out dividends in Tether's tokenized gold

The company claimed the bragging right of being the first to let investors opt for dividend payments in a cryptocurrency, backed by gold.

Gold (Unsplash/Zlataky/Modified by CoinDesk)