Tokenization

Tokenization

Markets

Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi

Having created trading pairs on Archax between bitcoin and tokens showing ownership of an abrdn money-market fund, the firms talk for the first time about using this institutional-grade token as collateral elsewhere.

(Shutterstock)

Finance

2024 Will Be the Year Tokenization Truly (Finally) Begins

After several years of being the next-big-thing, next year will be when tokenization of real-world assets really takes off, says Colin Butler, Global Head of Institutional Capital at Polygon Labs.

(Vlad Busuioc/Unsplash)

Policy

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders

The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

Archax also tokenized an abrdn market fund in euros, pounds and dollars. (GuerrillaBuzz / Unsplash)

Finance

Tokenization and Real-World Assets Take Center Stage

Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies.

(Cayetano Gil/Unsplash)

Finance

Philippines to Sell Tokenized Treasury Bond Next Week

The Bureau of the Treasury has set a minimum target of 10 billion pesos.

Manilla Bay, Philippines.

Finance

Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain

The company has earmarked the funds for team expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.

Robert Leshner, CEO of Superstate (Superstate)

Policy

Singapore Central Bank Starts Tokenization Pilots Alongside JPMorgan, BNY Mellon, DBS

The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.

Night view of Singapore taken across the water.

Tech

Standard Chartered Investment Arm Launches Tokenization Platform

Libeara will enable the creation of a tokenized Singapore dollar government bond fund.

Standard Chartered building (Chengting Xie/Unsplash)

Finance

Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries

The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as "institutional partners."

(Shutterstock)

Finance

HSBC to Offer Tokenized Securities Custody Service for Institutions

The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.

(Steve Heap/Shutterstock)