Tokenization


Markets

Ripple, Securitize Bring RLUSD to BlackRock and VanEck Tokenized Funds

A new smart contract on Securitize's platform enables investors to swap shares for RLUSD, creating a 24/7 stablecoin off-ramp for tokenized treasuries.

U.S. dollar (Unsplash, modified by CoinDesk)

Opinion

Tokenization Is Finance’s Next ETF Moment, And Wall Street Isn’t Ready

Tokenization of real world assets (RWA) on blockchain rails is not a futuristic thought experiment, argues Nick Cherney, head of innovation at Janus Henderson Investors. It is happening right now.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Policy

China Pumps the Brakes on RWA Businesses in Hong Kong: Reuters

At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources familiar with the matter

Hong Kong Harbor (Shutterstock/Modified by CoinDesk)

Finance

Tether Co-Founder, Tokenization Pioneer Unveil Startup for GENIUS-Aligned Digital Dollars

STBL transforms tokenized securities such as money market funds into freely usable stablecoins, and allow-listed, interest-accruing NFTs.

Avtar Sehra sits on a chair in front of a microphone (Libre)

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Finance

Mavryk Network Raises $10M for UAE Real-Estate Tokenization Plans

The strategic investment was led by MultiBank, Mavryk's partner in a project to tokenize over $10 billion worth of real estate in the UAE.

16:9 Dubai UAE (Pexels, Pixabay)

Finance

Galaxy Digital Said to Plan Its Own Tokenized Money Market Fund

Galaxy’s tokenized fund will ultimately be available on the Ethereum, Solana and Stellar blockchains, said a person familiar with the plans.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Finance

Blockchain-Based RWA Specialists Bring $50M to Apollo's Tokenized Credit Strategy

Crypto credit infrastructure firm Grove commits $50 million to the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) with help from Plume and Centrifuge.

Christine Moy, partner leading digital assets at Apollo Global Management (Danny Nelson/CoinDesk)

Markets

BlackRock Weighs Tokenized ETFs on Blockchain in Push Beyond Treasuries: Report

The world’s largest asset manager is exploring putting exchange-traded funds on chain, sources told Bloomberg.

BlackRock sign outside San Francisco office building

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Markets

Chainlink's LINK Gains as DigiFT, UBS Fund Tokenization Pilot in Hong Kong

DigiFT, Chainlink and UBS won approval under Hong Kong’s Cyberport subsidiy scheme to build automated infrastructure for tokenized financial products.

Chainlink (LINK) price today (CoinDesk)

Policy

Nasdaq Seeks Nod From U.S. SEC to Tokenize Stocks

The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.

Nasdaq. (CoinDesk Archives)