Real World Assets

Real World Assets

Tech

Gold Arrives on 'Digital Gold' as Bitcoin Gets Tokenized Version of the Metal

Bitcoin, the cryptocurrency, is often referred to as "digital gold," but now it is possible to mint and trade physical gold on the Bitcoin blockchain via the Ordinals protocol – essentially encoding ownership of the yellow metal into an NFT.

Gold (Credit: Shutterstock)

Finance

Crypto-Real Estate's USDR Misled Investors as Tangible Brothers Made Millions

The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.

Tangible CEO Jagpal Singh (Photo illustration by Jesse Hamilton/CoinDesk based on images from Tangible and Images Money)

Finance

Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment

The allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

State Street Works on Tokenized Bond and Money Market Fund; No 'Current Plans' for Stablecoin Project

Tokenized collateral could have helped avoid the 2022 "liability-driven" crisis, said Donna Milrod, chief product officer, in an interview with Financial News.

State Street building in London (Danny Nelson/CoinDesk)

Finance

RWA Issuer Midas Expands Tokenized Products to Retail Users with Regulatory Nod in Europe

Midas acquired regulatory approval to issue its basis trade and U.S. Treasuries tokens in Liechtenstein, allowing passporting across Germany and Europe.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey

Anduro has developed the real-world assets (RWA) project Avant alongside tokenization platform Vertalo, and they will tokenize whiskey barrels in a pilot project.

Whiskey (eitamasui/Pixabay)

Finance

RWA Platform Credbull Rolls Out Up to $500M Private Credit Fund with Fixed High Yield on Plume Network

Private credit, a booming market in traditional finance, is a fast-growing sector in the blockchain-based real-world asset sector as well with $9 billion of assets, data shows.

Jason Delphi, Credbull CEO (Credbull)

Policy

CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg

BlackRock and Franklin Templeton could see tokenized shares of their money-market funds traded as collateral by the end of the year.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Finance

Franklin Templeton Adds Aptos Blockchain to Support Tokenized Money Market Fund

The $435 million fund is also available on Avalanche, Arbitrum, Stellar and Polygon.

Aptos founders Mo Shaikh, left, and Avery Ching (Aptos Labs)

Finance

Digital-Asset Manager Kin Launches $100M Tokenized Real Estate Fund on Chintai Network

Fund tokenization is one of the frontiers of bringing real-world assets (RWAs) to blockchain rails in pursuit of greater efficiency, lower costs and faster settlements.

Kin Capital principal Adam Menconi (Kin Capital)