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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Infineo to Cross $125M in Tokenized Life Insurance Policies
The platform enables policyholders to upload their policies and notify beneficiaries upon death, addressing a common issue where beneficiaries are unaware of their inclusion in policies. Infineo plans to create a secondary market for trading policies and facilitate lending using policies as collateral. A hash of the policy is logged on the Provenance blockchain, though personal data is stored separately.
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The platform enables policyholders to upload their policies and notify beneficiaries upon death, addressing a common issue where beneficiaries are unaware of their inclusion in policies. Infineo plans to create a secondary market for trading policies and facilitate lending using policies as collateral. A hash of the policy is logged on the Provenance blockchain, though personal data is stored separately.
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New York Fed Experts to Highlight Tokenization Benefits
The post by two New York Federal Reserve experts discusses tokenization's potential to transform financial markets, emphasizing central bank involvement for a smoother transition. They highlighted tokenization's ability to reduce risks via atomic settlement but cautioned that without central bank money, it may not match the robustness of current systems.
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The post by two New York Federal Reserve experts discusses tokenization's potential to transform financial markets, emphasizing central bank involvement for a smoother transition. They highlighted tokenization's ability to reduce risks via atomic settlement but cautioned that without central bank money, it may not match the robustness of current systems.
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Tether to Invest $100M in LatAm Agricultural Commodities Company Involved in Tokenization Platform Agrotoken
The 9.8% stake in agricultural conglomerate Adecoagro SA marks its continued venture into real-world asset tokenization firms. Adecoagro, which operates in Latin America, is also involved in Agrotoken, a startup that tokenizes agricultural commodities. They are developing stablecoins backed by grains, such as SOYA, CORA, and WHEA which aligns with Tether's broader strategy to diversify its business beyond stablecoins, including plans to launch a tokenization platform later this year for assets like bonds, stocks, and commodities.
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The 9.8% stake in agricultural conglomerate Adecoagro SA marks its continued venture into real-world asset tokenization firms. Adecoagro, which operates in Latin America, is also involved in Agrotoken, a startup that tokenizes agricultural commodities. They are developing stablecoins backed by grains, such as SOYA, CORA, and WHEA which aligns with Tether's broader strategy to diversify its business beyond stablecoins, including plans to launch a tokenization platform later this year for assets like bonds, stocks, and commodities.
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Issuer Spotlight: Backed Finance
The Swiss-based tokenized asset issuer launched “bTokens”—ERC-20 tokens that track the value of underlying financial assets like US Treasury Bonds and Corporate Bond ETFs. With over $50 million in token issuance and 17 tokens on the market, Backed’s offerings are available to professional investors, with some tokens also accessible via retail secondary markets. The bNVDA token, tracking NVIDIA stock, received an AA rating from Particula in July 2024 for its compliance and strong market presence.
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The Swiss-based tokenized asset issuer launched “bTokens”—ERC-20 tokens that track the value of underlying financial assets like US Treasury Bonds and Corporate Bond ETFs. With over $50 million in token issuance and 17 tokens on the market, Backed’s offerings are available to professional investors, with some tokens also accessible via retail secondary markets. The bNVDA token, tracking NVIDIA stock, received an AA rating from Particula in July 2024 for its compliance and strong market presence.
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Paxos to Expand to Arbitrum
The Arbitrum Foundation announced a partnership with Paxos, marking Paxos’ first integration with a Layer 2 (L2) network. Paxos, a regulated blockchain infrastructure platform, will bring its tokenization services and stablecoin issuance to Arbitrum.
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The Arbitrum Foundation announced a partnership with Paxos, marking Paxos’ first integration with a Layer 2 (L2) network. Paxos, a regulated blockchain infrastructure platform, will bring its tokenization services and stablecoin issuance to Arbitrum.
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Plume Network to Debut Tokenized Mineral Vault
Developed by Allegiance Oil & Gas, the Vault tokenizes mineral interests, providing financial exposure to resource production such as gold, silver, crude oil, and natural gas in the U.S. Plume aims to build an RWA-centric ecosystem, enabling tokenized assets to be used as collateral for loans and unlocking additional liquidity and yield.
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Developed by Allegiance Oil & Gas, the Vault tokenizes mineral interests, providing financial exposure to resource production such as gold, silver, crude oil, and natural gas in the U.S. Plume aims to build an RWA-centric ecosystem, enabling tokenized assets to be used as collateral for loans and unlocking additional liquidity and yield.
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Velo Labs to Back Stablecoins with BlackRock's Short-Term Treasury Fund
The assets backing Velo Labs' stablecoin USDV now include an investment in BlackRock's tokenized USD Institutional Digital Liquidity Fund (BUIDL), facilitated by Securitize. USDV is the primary value store and transfer unit across Velo's Web3 payment and trading applications, serving over 1 million users in Southeast Asia.
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The assets backing Velo Labs' stablecoin USDV now include an investment in BlackRock's tokenized USD Institutional Digital Liquidity Fund (BUIDL), facilitated by Securitize. USDV is the primary value store and transfer unit across Velo's Web3 payment and trading applications, serving over 1 million users in Southeast Asia.
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Lofty’s Real Estate Tokenization Platform to Cross $37M TVL
The Algorand-based platform has reached a record $37.6 million in total value locked (TVL). The real estate focused protocol enables users to buy fractional ownership of rental properties and earn daily rent payouts. Lofty lists over 100 properties, with token prices ranging from $20 to $70, offering yields as high as 31% annually.
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The Algorand-based platform has reached a record $37.6 million in total value locked (TVL). The real estate focused protocol enables users to buy fractional ownership of rental properties and earn daily rent payouts. Lofty lists over 100 properties, with token prices ranging from $20 to $70, offering yields as high as 31% annually.
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Tokenized RWA Platform Huma Finance to Raise $38M Investment The payment-financing platform, which uses tokenized real-world assets (RWA) to address trade financing liquidity needs via blockchain, raised a $10 million in equity investment, led by Distributed Global, and $28 million in RWA purchase commitments. Key investors include Hashkey Capital, Folius Ventures, Stellar Development Foundation, and TIBAS Ventures.
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Standard Chartered to Start Custody Services for Digital Assets in the UAE
With Brevan Howard Digital as its first client, the bank chose the UAE for its balanced approach to digital asset regulation and adoption. Standard Chartered is also involved in crypto through its backing of Zodia Markets and Zodia Custody, offering custody and trading services.
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With Brevan Howard Digital as its first client, the bank chose the UAE for its balanced approach to digital asset regulation and adoption. Standard Chartered is also involved in crypto through its backing of Zodia Markets and Zodia Custody, offering custody and trading services.
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Singapore’s Regulated Digital Asset Exchange to Raise $50M
SDAX secured $50 million in a Series B2 funding round, led by Muscat Precious Metals Refining Company (MPMR). SDAX plans to use the funds to launch a digital asset exchange in Oman, providing access to the Gulf and Africa. Earlier this year, SDAX and MPMR partnered to launch tokenized gold products backed by gold vaulted in Singapore.
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SDAX secured $50 million in a Series B2 funding round, led by Muscat Precious Metals Refining Company (MPMR). SDAX plans to use the funds to launch a digital asset exchange in Oman, providing access to the Gulf and Africa. Earlier this year, SDAX and MPMR partnered to launch tokenized gold products backed by gold vaulted in Singapore.
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