Tokenization

Tokenization

Finance

Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project

The initiative created digital versions of gilts, eurobonds and gold on the Canton Network to test complex financial transactions on blockchain rails.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

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)

Finance

Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum

Blockchain platform Zeconomy assisted the $300B asset manager with the transaction and reports "massive demand" for digital assets.

Commercial paper is short-term, unsecured debt issued by corporations. (Library of Congress)

Finance

Blockchain-Based Investment Platform Assetera to Offer Tokenized Assets on Polygon

Assetera will use Ethereum scaling network Polygon to secure transactions and utilize stablecoins for purchase, clearing and settlement to ensure the process is fast and efficient.

Vienna, Austria (jarmoluk/Pixabay)

Finance

JP Morgan's Onyx Blockchain Used for Siemens' Digital Commercial Paper Settlement

The transaction was a milestone for Onyx and SWIAT, which are collaborating to develop digital asset issuance products on blockchain rails for commercial banks.

CEO Jamie Dimon's JPMorgan Chase & Co. has aided in the tokenization of commercial paper through its Onyx unit. (Jesse Hamilton/CoinDesk)

Finance

WisdomTree Pushes Further Into Tokenization With New Platform

The asset manager unveiled a platform to give users access to real-world assets.

WisdomTree CEO Jonathan Steinberg, left. (Shutterstock/CoinDesk)

Finance

Three Ways DeFi Will Revolutionize Financial Services

DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, CEO, Abra.

(Matthew Henry/Unsplash)

Policy

OMFIF Survey Respondents Believe Substantial Level of Tokenization is Still Three Years Away

The Official Monetary and Financial Institutions Forum's digital assets report said that 92% of its respondents believe that financial markets will experience significant tokenization at some point.

Blockchain (Yuichiro Chino/GettyImages)

Finance

UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform

Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.

(Camomile Shumba/CoinDesk)

Policy

More than 40 Firms Join Central Bank Group to Explore Tokenization for Cross-Border Payments

The Bank for International Settlements launched Project Agorá in April and it brings together seven monetary authorities from the U.K., Japan, South Korea, Mexico, Switzerland, New York and Europe.

BIS building (BIS)