Tokenization

Tokenization

Finance

XRP Ledger Tapped for Tokenizing $130M Agribusiness Credit as Brazil's RWA Push Accelerates

The CRA, a key instrument used to bundle future cash flows from Brazil’s agricultural sector was recorded on-chain using the XRPL and its Ethereum-compatible EVM sidechain.

brazil

Finance

Goldman Sachs and BNY Mellon Team Up for Tokenized Money Market Funds

The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of assets.

Goldman Sachs logo (CoinDesk archives)

Finance

Brazil's VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance

The offering, with Ripple's contribution, aims to streamline Brazil’s structured credit market and attract foreign investors.

Brazil flag (Shutterstock)

Markets

Backed Finance's Tokenized Stocks Product Volume Jumps to $300M

Backed Finance's tokenized U.S. equities product, xStocks, has surpassed $300 million in trading volume within four weeks of launch.

Stylized network of light focii covering Earth (geralt/Pixabay)

Tech

Institutions Are Driving Ethereum's 'Comeback'

ETH's price has more than doubled in value since April aided by institutions betting on stablecoins and tokenization, corporate treasuries and L2s.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Bitmine's Tom Lee Predicts Ether Hitting $15K, With Ethereum Emerging as Wall Street's Favored Blockchain

Stablecoins brought a ChatGPT moment for crypto adoption, driving Wall Street demand for Ethereum, the Fundstrat co-founder and Bitmine chairman said in a CoinDesk interview.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Chainlink's LINK Gains on Joining SEC Crypto Task Force's Tokenization Initiative

Chainlink Labs is among the digital asset projects that have been admitted to help the regulator set frameworks for compliant asset tokenization.

Chainlink (LINK) (CoinDesk)

Tech

Securitize Takes Tokenized Hamilton Lane Credit Fund Multichain, Bringing It Closer to DeFi

The on-chain credit fund, issued with $956 billion private investment firm Hamilton Lane, now spans Ethereum and Optimism, added daily liquidity and DeFi-ready token.

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

Finance

Tokenization Firm Midas Brings Two New DeFi Products to Etherlink

The firm’s new mMEV and mRe7YIELD products deliver institutional-grade, market-neutral DeFi exposure.

Midas CEO Dennis Dinkelmeyer (Midas)

Policy

UK Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy

Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.

A view over the City of London taken over the Thames near Tower Bridge. (Cj / Unsplash+)