tokenization News
Latest tokenization News
Participants of the Token2049 conference examined trends in consumer web3 applications, noting the growing role of meme coins.
Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working on a new pilot of tokenized deposits aimed at enhancing…
Howard Lutnick, the CEO of Cantor Fitzgerald, articulated his support for crypto stablecoins and the tokenization of financial assets.
The Bank for International Settlements unveiled Project Agorá, an initiative to explore the potential of tokenization to enhance the efficiency of global financial systems.
DWF Labs has announced an investment of $10 million in TokenFi’s native currency, TOKEN, to support the tokenization sector, projected to reach $16 trillion by 2030.Â
HSBC’s Hong Kong investments head, Sami Abouzahr, says asset tokenization is one of the top priorities for the bank for this year. HSBC Hong Kong is set to double down on asset tokenization as part of the bank’s development strategy…
Coinsilium's collaboration with LC Lite is expected to enhance marketplace liquidity and foster stability in cross-border export financing.
Citigroup has successfully completed a trial testing the potential for tokenizing a private equity fund using blockchain.
Adoption in 2024 is synonymous with institutional investment and mainstream interest; if adoption is a worthy enough goal, then compromising should be an easier decision.
Hong Kong regulators issued a cautionary statement, alerting the public to be wary of high-yield crypto investment schemes, including the "Floki Staking Program."
Magic Eden is gearing up for the launch of its multi-chain wallet launch, designed to address the fragmentation in the non-fungible token (NFT) and crypto markets.
Moody's has recently issued an AA rating to the SGD Delta Fund, the first fund utilizing Standard Chartered's SC Ventures' Libeara tokenization platform.
Large financial companies, including JPMorgan Chase & Co., HSBC Holdings Plc, and Franklin Templeton, are moving to new systems built on the blockchain. Sandy Kaul, Chief Executive of wealth management firm Franklin Templeton, recently highlighted the transformative impact of blockchain…
Real estate blockchain project Propy witnessed an 90% surge of its token’s value as Coinbase’s asset management arm is set to tokenize real world assets. On Dec. 13, 2023, Propy‘s PRO token surged a significant 93% within just one day…
With the latest move, the U.K. hopes to bolster liquidity in its asset management market. British investment managers have received an approval to develop tokenized funds with the help of blockchain technology as the country seeks to benefit from the…
Harvest Global Investments partners with Meta Lab HK to launch a tokenized U.S. dollar bond fund on Nov. 23. According to a Nov. 22 post on X, Harvest Global Investments (HGI), an investment firm under Harvest Fund Management, collaborated with…