BlackRock: Impact of Tokenization “Wildly” Underestimated
Joseph Chalom, Head of Strategic Ecosystem Partnerships at BlackRock, said the industry is “wildly underestimating” the impact of tokenization on changing financial markets. He spoke on a panel at the SALT Wyoming Blockchain Symposium in the U.S. on August 20th, 2024.
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Joseph Chalom, Head of Strategic Ecosystem Partnerships at BlackRock, said the industry is “wildly underestimating” the impact of tokenization on changing financial markets. He spoke on a panel at the SALT Wyoming Blockchain Symposium in the U.S. on August 20th, 2024.
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Natixis Pfandbriefbank to Launch 100M EUR Digital Bond on SWIAT Blockchain
In collaboration with DekaBank as the registrar, Natixis issued and settled a €100 million digital registered covered bond, secured by mortgage loan pools, on the SWIAT Blockchain, operated by SC Ventures by Standard Chartered, DekaBank Deutsche Girozentrale, LBBW, Comyno.
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In collaboration with DekaBank as the registrar, Natixis issued and settled a €100 million digital registered covered bond, secured by mortgage loan pools, on the SWIAT Blockchain, operated by SC Ventures by Standard Chartered, DekaBank Deutsche Girozentrale, LBBW, Comyno.
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Hong Kong Monetary Authority to Open Its Tokenization Sandbox
The Hong Kong Monetary Authority opened up its tokenization "Project Ensemble" sandbox on Wednesday after HSBC completed three proof of concepts. The project is meant to future-proof the financial system, Julia Leung, chief executive officer of the Securities and Futures Commission, said.
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The Hong Kong Monetary Authority opened up its tokenization "Project Ensemble" sandbox on Wednesday after HSBC completed three proof of concepts. The project is meant to future-proof the financial system, Julia Leung, chief executive officer of the Securities and Futures Commission, said.
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Aave To Onboard BUIDL Shares As Collateral For GHO
The largest DeFi lending protocol is moving to onboard shares of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as collateral for its decentralized stablecoin, GHO. Aave Labs proposed adding BUIDL shares to the GHO Stability Module (GSM), allowing users to exchange GHO for BUIDL shares on a one-to-one basis.
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The largest DeFi lending protocol is moving to onboard shares of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as collateral for its decentralized stablecoin, GHO. Aave Labs proposed adding BUIDL shares to the GHO Stability Module (GSM), allowing users to exchange GHO for BUIDL shares on a one-to-one basis.
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Real Estate Tokenization Platform RealT to Reach $115M in TVL
The Ethereum and Gnosis based project allows users to purchase fractional ownership in tokenized real estate properties through their U.S. compliant platform, expecting annual yields between 6% and 20%. RealT's TVL reflects the combined value of all listed real estate units, with tokens representing ownership stakes in properties.
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The Ethereum and Gnosis based project allows users to purchase fractional ownership in tokenized real estate properties through their U.S. compliant platform, expecting annual yields between 6% and 20%. RealT's TVL reflects the combined value of all listed real estate units, with tokens representing ownership stakes in properties.
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Blocksquare to Partner for First Tokenization of a Tequila Distillery
The tequila distillery, Rancho Altos, is located in Jalisco, Mexico and combines traditional tequila production with luxury villas, a wellness center, and eco-tourism facilities. $BST token holders invest to support the distillery’s construction and the development of a dedicated marketplace for tokenized assets.
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The tequila distillery, Rancho Altos, is located in Jalisco, Mexico and combines traditional tequila production with luxury villas, a wellness center, and eco-tourism facilities. $BST token holders invest to support the distillery’s construction and the development of a dedicated marketplace for tokenized assets.
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Brevan Howard-Backed Tokenization Firm Libre to Expand to NEAR Blockchain
Libre is bringing tokenized financial assets to the NEAR Protocol. Users can access funds like Hamilton Lane's credit fund, Brevan Howard's Master Fund, and BlackRock's Money Market Fund, with over $100 million in assets under management since launch.
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Libre is bringing tokenized financial assets to the NEAR Protocol. Users can access funds like Hamilton Lane's credit fund, Brevan Howard's Master Fund, and BlackRock's Money Market Fund, with over $100 million in assets under management since launch.
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Qatar Central Bank to Launch Digital Asset and Tokenization Framework
The QFC Digital Assets Framework 2024 establishes the legal and regulatory foundation for digital assets, including the process of tokenization, legal recognition of property rights in tokens and their underlying assets, custody arrangements, transfer, and exchange.
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The QFC Digital Assets Framework 2024 establishes the legal and regulatory foundation for digital assets, including the process of tokenization, legal recognition of property rights in tokens and their underlying assets, custody arrangements, transfer, and exchange.
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INX to Sell Broker Subsidiary to Accelerate Growth in Real-World Assets Tokenization and Trading Platform
The sale of its I.L.S. Brokers Ltd. (ILSB) aligns with INX's strategy to focus on its Real-World Assets trading platform. By divesting ILSB, INX aims to allocate more resources to developing its digital asset ecosystem.
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The sale of its I.L.S. Brokers Ltd. (ILSB) aligns with INX's strategy to focus on its Real-World Assets trading platform. By divesting ILSB, INX aims to allocate more resources to developing its digital asset ecosystem.
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Siemens to Issue €300M Digital Bond on SWIAT Blockchain
The second digital bond is a €300 million one-year bond on the SWIAT permissioned blockchain, with settlement completed in minutes using Germany's Bundesbank Trigger Solution. Classified as a crypto security under Germany’s Electronic Securities Act (eWpG), it is the largest eWpG bond to date.
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The second digital bond is a €300 million one-year bond on the SWIAT permissioned blockchain, with settlement completed in minutes using Germany's Bundesbank Trigger Solution. Classified as a crypto security under Germany’s Electronic Securities Act (eWpG), it is the largest eWpG bond to date.
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ShipFinex and Tokeny to Announce Maritime Asset Tokenization
ShipFinex will leverage Tokeny’s ERC-3643 standard to ensure regulatory compliance for tokenized assets, democratizing access to maritime investments by lowering entry barriers for global investors. This collaboration aligns with ShipFinex's mission to revolutionize the maritime sector, offering a secure and efficient marketplace for tokenized maritime assets.
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ShipFinex will leverage Tokeny’s ERC-3643 standard to ensure regulatory compliance for tokenized assets, democratizing access to maritime investments by lowering entry barriers for global investors. This collaboration aligns with ShipFinex's mission to revolutionize the maritime sector, offering a secure and efficient marketplace for tokenized maritime assets.
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Injective to Introduce First Ever Tokenized Index for BlackRock's BUIDL Fund
This marks the first perpetual index market tracking the supply of the BUIDL fund, BlackRock’s tokenized U.S. dollar-yielding fund backed by assets like U.S. Treasuries. The index will be available on Injective’s decentralized apps (dApps) such as Helix, allowing users to trade with low fees and fast speeds. Read our comparative analysis about BUIDL.
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This marks the first perpetual index market tracking the supply of the BUIDL fund, BlackRock’s tokenized U.S. dollar-yielding fund backed by assets like U.S. Treasuries. The index will be available on Injective’s decentralized apps (dApps) such as Helix, allowing users to trade with low fees and fast speeds. Read our comparative analysis about BUIDL.
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Citi to Release Latest Securities Services Evolution Whitepaper
Citi reveals that 65% of market participants plan to use non-CBDC options like stablecoins, tokenized deposits, and digital payment systems for digital securities settlements by 2026, marking a shift from last year when CBDCs were favored. Additionally, the shift to T+1 settlement is progressing, with 95% of respondents expecting to move away from T+2 within five years.
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Citi reveals that 65% of market participants plan to use non-CBDC options like stablecoins, tokenized deposits, and digital payment systems for digital securities settlements by 2026, marking a shift from last year when CBDCs were favored. Additionally, the shift to T+1 settlement is progressing, with 95% of respondents expecting to move away from T+2 within five years.
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Infineo to Mints $100 Million in Tokenized Life Insurance on Provenance Blockchain
Infineo's Policy Ledger System has minted $100 million worth of life insurance policies in just three months. This milestone, achieved through collaboration with Provenance Blockchain Labs, highlights life insurance as one of the fastest-growing sectors for real-world asset tokenization.
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Infineo's Policy Ledger System has minted $100 million worth of life insurance policies in just three months. This milestone, achieved through collaboration with Provenance Blockchain Labs, highlights life insurance as one of the fastest-growing sectors for real-world asset tokenization.
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HSBC, StanChart & Bank of China HK to Launch Tokenized Deposit Sandbox
The Hong Kong Monetary Authority (HKMA) launched Project Ensemble Sandbox to trial a wholesale central bank digital currency (wCBDC) for settling tokenized deposits. HSBC, Hang Seng Bank, Standard Chartered, and BOCHK are testing tokenized deposits for digital bonds, interbank transfers, and 24/7 asset trading. BlackRock and Franklin Templeton are also involved.
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The Hong Kong Monetary Authority (HKMA) launched Project Ensemble Sandbox to trial a wholesale central bank digital currency (wCBDC) for settling tokenized deposits. HSBC, Hang Seng Bank, Standard Chartered, and BOCHK are testing tokenized deposits for digital bonds, interbank transfers, and 24/7 asset trading. BlackRock and Franklin Templeton are also involved.
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Banque de France to Propose EU Unified Ledger for Tokenization
The bank's governor François Villeroy de Galhau proposed an EU Unified Ledger to integrate wholesale CBDC, tokenized money, and financial instruments. Banque de France is involved in cross-border payment initiatives like BIS Project Agorá and testing its wholesale CBDC platform for DLT settlement in Europe.
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The bank's governor François Villeroy de Galhau proposed an EU Unified Ledger to integrate wholesale CBDC, tokenized money, and financial instruments. Banque de France is involved in cross-border payment initiatives like BIS Project Agorá and testing its wholesale CBDC platform for DLT settlement in Europe.
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Truflation to Unveil Hedge Index Against Inflation with Real-World Asset Tracking
The index includes five key asset classes: Gold (25%), Silver (20%), WTI Crude Oil (20%), the S&P 500 (25%), and Bitcoin (10%). It is designed for both traditional finance and decentralized finance (DeFi) sectors, offering a diversified strategy to mitigate inflation risks.
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The index includes five key asset classes: Gold (25%), Silver (20%), WTI Crude Oil (20%), the S&P 500 (25%), and Bitcoin (10%). It is designed for both traditional finance and decentralized finance (DeFi) sectors, offering a diversified strategy to mitigate inflation risks.
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Adhara to Collaborate with Ownera for Tokenization Interoperability
Adhara, known for its work on Fnality’s tokenized payment solution and other blockchain projects, will combine its expertise in digital cash with Ownera’s FinP2P routing network. FinP2P allows institutions to transact across different blockchains using a single API integration, simplifying settlement between assets and cash on different platforms.
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Adhara, known for its work on Fnality’s tokenized payment solution and other blockchain projects, will combine its expertise in digital cash with Ownera’s FinP2P routing network. FinP2P allows institutions to transact across different blockchains using a single API integration, simplifying settlement between assets and cash on different platforms.
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Japan’s Top 3 Banks to Use Stablecoins for Cross Border Payments
MUFG, SMBC, and Mizuho are collaborating on Project Pax, a cross-border payment system using stablecoins and integrating Swift messages to streamline payments without corporate clients handling digital assets. Built on the Progmat network, with interoperability supported by Datachain, the project aims to provide 24/7, cost-effective payments by 2025.
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MUFG, SMBC, and Mizuho are collaborating on Project Pax, a cross-border payment system using stablecoins and integrating Swift messages to streamline payments without corporate clients handling digital assets. Built on the Progmat network, with interoperability supported by Datachain, the project aims to provide 24/7, cost-effective payments by 2025.
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Xalts to Onboard Tezos to Accelerate the Tokenization of Real World Assets
Xalts will offer a one-stop, plug-and-play solution for enterprise developers who want to tokenize RWAs and build blockchain applications on the Tezos blockchain. Etherlink, the non-custodial EVM Layer 2 powered by Tezos, is the latest blockchain on RWA Cloud, Xalts’ enterprise application development and management platform.
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Xalts will offer a one-stop, plug-and-play solution for enterprise developers who want to tokenize RWAs and build blockchain applications on the Tezos blockchain. Etherlink, the non-custodial EVM Layer 2 powered by Tezos, is the latest blockchain on RWA Cloud, Xalts’ enterprise application development and management platform.
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Blockstream to Launches Third Series of Bitcoin Mining Notes
The Blockstream Mining Note (BMN2), a hash rate-backed security token, is offering non-US investors exposure to Bitcoin mining without managing hardware. Each BMN2 token represents 1 petahash per second of mining power, and investors benefit from the Bitcoin mined at Blockstream’s facilities over four years. Priced competitively at $21.23 per terahash, BMN2 is supported by sustainable energy sources and aims to raise $10 million through its partner, STOKR.
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The Blockstream Mining Note (BMN2), a hash rate-backed security token, is offering non-US investors exposure to Bitcoin mining without managing hardware. Each BMN2 token represents 1 petahash per second of mining power, and investors benefit from the Bitcoin mined at Blockstream’s facilities over four years. Priced competitively at $21.23 per terahash, BMN2 is supported by sustainable energy sources and aims to raise $10 million through its partner, STOKR.
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