News list for "tokenization"
Mark T. Uyeda, Commissioner of the Securities Exchange Commission (SEC), spoke at the Tokenization Roundtable on May 12 in Washington, D.C., calling for transparent, predictable regulatory environments for real-world asset tokenization. Uyeda emphasized that blockchain technology has the potential to significantly change the way financial marekts operate, including improving asset liquidity, reducing intermediary delays, and lowering transaction costs. He said the SEC should proactively develop ...
According to official news, Tether announced that its asset tokenization platform Hadron has integrated Chainalysis' compliance and monitoring tools. This upgrade brings institutional-level regulatory capabilities to the Hadron platform, further solidifying its position as a trusted and compliant token issuance and asset management market.
Global banking giant Citibank (Citi) has partnered with SIX Digital Trading Platform (SDX), the digital assets arm of Switzerland's leading securities exchange, to tokenize untraded shares, aiming to simplify the $750 billion market, which still relies on PDF files and paper documents. Citibank will act as custodian and issuing agent to provide a tokenised version of late-stage, unlisted company stakes on SDX's regulated blockchain platform, the Central Securities Depository (CSD).
EtherMage, a core contributor to Virtuals Protocol, said in a post on X that it has listened to comments on the current points mechanism and how people play the game, and hopes to share some ideas, including: no longer encouraging the holding of proxy tokens, only encouraging transactions, which solves the problem of developers holding a large number of tokens and abusing points; Jeet Jail address clustering; suggesting that the development team lock down completely for a long time; exploring a ...
The Securities Exchange Commission's Cryptocurrency Working Group has announced the agenda and panelists for the May 12 roundtable, titled "Tokenization - Asset Upchain: The Intersection of TradFi and DeFi", with the agenda including: Financial Evolution: Capital Markets 2.0, The Future of Tokenization; Participants include: Cynthia Lo Bessette (Fidelity), Eun Ah Choi (NASDAQ), Will Geyer (Invesco), Sandy Kaul (Franklin Templeton), Robert Mitchnick (BlackRock), and others.
UAE real estate giant MAG has signed a $3 billion real-world asset tokenization (RWA) agreement with blockchain infrastructure firm Mavryk, in partnership with Dubai-based financial derivatives agency MultiBank Group. Under the agreement, MAG's luxury real estate projects, including Dubai Riverside, Ritz-Carlton Apartments and Keturah Reserve, will be tokenized on the blockchain through MultiBank.io compliance RWA marketplace. Talal Mofaq Al Ghaddah, senior executive vice president of MAG, said ...
According to the Deloitte Center for Financial Services report, real estate tokenization is expected to become the leading way to finance, own, and trade real estate, with the market size likely to reach $4 trillion by 2035 and an average annual growth rate of 27%. Tokenization offers advantages such as operational efficiency, faster settlements, and broader investor access. The report notes that the appeal of real estate tokenization is its ability to simplify complex financial protocols, such ...
The Securities Exchange Commission released a memo stating that Ondo Finance and representatives from Davis Polk & Wardwell LLP met with the Securities Exchange Commission (SEC) Crypto Working Group to discuss a compliance path for the issuance and sale of tokenized U.S. securities. Topics include structural models for tokenized securities, registration and broker requirements, market structure regulations, financial crime compliance, and state corporate law. Ondo Finance proposes to seek regula...
According to Decrypt, the leadership of the Securities Exchange Commission (SEC) said on Friday that it will consider establishing a regulatory sandbox for digital assets, allowing cryptocurrency exchanges to freely experiment in new areas, including the possible opening of tokenized securities exchanges.
According to a report by CoinDesk, a joint study by Ripple and The Boston Consulting Group (BCG) shows that the global asset tokenization market is expected to exceed $18.90 trillion by 2033. The report states that while blockchain technology can significantly enhance the liquidity of traditional assets and reduce transaction costs, obstacles such as inadequate regulatory frameworks and lack of market infrastructure still need to be overcome. The forecast covers multiple asset classes such as re...
WisdomTree is expanding its institutional investment platform, WisdomTree Connect, from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently offers 13 tokenized funds covering a variety of investment strategies, including money markets, stock indices, and fixed income, all of which are registered with the Securities Exchange Commission (SEC).
Asset tokenization is the most disruptive financial innovation since ETFs and will reshape the democratization of global finance, BlackRock CEO Larry Fink said in his annual letter published on Monday. He systematically illustrated the transformative impact of tokenization on capital markets: The first is to subvert the century-old...
Speaking at the Digital Asset Summit in New York on Tuesday, Cathie Wood said: "We think tokenisation will be huge, and we would like to be able to tokenise either the venture fund [ARKVX] or the Digital Asset Revolution Fund." But analysts believe that while Cathie Wood is preparing to tokenise the Ark Invest fund, it faces obstacles from US regulations and regulations, which may cause the process to be put on hold.
Abu Dhabi Global Market (ADGM) announced that it has signed a memorandum of understanding with Chainlink to collaborate on a compliance framework for tokenized assets, which will enable ADGM to use Chainlink's suite of blockchain tools, including price feed data support and interoperability services, to facilitate blockchain innovation under its registration authority.
According to a filing with the Securities Exchange Commission (SEC) on Friday, Fidelity applied to register the "OnChain" stock class for its tokenized dollar money market fund Fidelity Treasury Digital Fund (FYHXX), which was launched late last year and holds cash and U.S. Treasury securities. According to the relevant document information, the "OnChain" category of the FYHXX fund shows that it currently uses the Ethereum network and may expand to other blockchains in the future. The registrati...
