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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Swift to Unveil Global Infrastructure for Tokenized Asset Transfers
The initiative will focus on facilitating real-time Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) for tokenized assets on Swift’s global platform. Swift plans to initially use fiat currencies, with plans to later incorporate CBDCs, tokenized commercial bank money, and stablecoins.
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The initiative will focus on facilitating real-time Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) for tokenized assets on Swift’s global platform. Swift plans to initially use fiat currencies, with plans to later incorporate CBDCs, tokenized commercial bank money, and stablecoins.
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Particula to Partner with Digital Securities Trading Venue Assetera
As one of the first regulated trading venues for digital securities in the EU/EEA, Assetera operates in a DLT-based environment, utilizing Atomic Swaps for clearing and settlement while offering custodial and non-custodial models. This collaboration supports Assetera’s listing process by providing industry benchmarks and independent risk assessments by Particula, helping investors make informed decisions and compare different investment offerings.
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As one of the first regulated trading venues for digital securities in the EU/EEA, Assetera operates in a DLT-based environment, utilizing Atomic Swaps for clearing and settlement while offering custodial and non-custodial models. This collaboration supports Assetera’s listing process by providing industry benchmarks and independent risk assessments by Particula, helping investors make informed decisions and compare different investment offerings.
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German State to Issue €50M Digital Commercial Paper
The finance ministry of Saxony-Anhalt has issued €50 million in commercial paper using Deutsche Börse’s Clearstream D7 platform as part of the European Central Bank’s (ECB) wholesale DLT settlement trials. Natwest acted as dealer, and DekaBank was the investor.
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The finance ministry of Saxony-Anhalt has issued €50 million in commercial paper using Deutsche Börse’s Clearstream D7 platform as part of the European Central Bank’s (ECB) wholesale DLT settlement trials. Natwest acted as dealer, and DekaBank was the investor.
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ParaFi to Tokenize Fund on Securitize Platform with Avalanche
The asset management firm with over $1 billion in assets has partnered with Securitize to tokenize an interest in one of its venture funds on the Avalanche blockchain. This move also expands investor access to ParaFi’s venture strategy, with future trading and borrowing capabilities available on Securitize Markets.
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The asset management firm with over $1 billion in assets has partnered with Securitize to tokenize an interest in one of its venture funds on the Avalanche blockchain. This move also expands investor access to ParaFi’s venture strategy, with future trading and borrowing capabilities available on Securitize Markets.
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Binance Labs to Back OpenEden to Boost Asset Tokenization
OpenEden's TBILL product, backed by US Treasury Bills, offers daily liquidity and appeals to DAOs and crypto treasury managers. With backing from both Binance Labs and Ripple, OpenEden is set to broaden its product offerings as the tokenized US Treasury market grows in popularity.
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OpenEden's TBILL product, backed by US Treasury Bills, offers daily liquidity and appeals to DAOs and crypto treasury managers. With backing from both Binance Labs and Ripple, OpenEden is set to broaden its product offerings as the tokenized US Treasury market grows in popularity.
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Janus to Actively Step Into Tokenization Sector
Janus Henderson, the $360 billion asset manager is joining the trend of securities tokenization by a sub-advisor within the $37M Anemoy Liquid Treasury Fund, which invests in US Treasury bills. Following similar moves by BlackRock, Fidelity, and Franklin Templeton, Janus aims to position itself on the market.
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Janus Henderson, the $360 billion asset manager is joining the trend of securities tokenization by a sub-advisor within the $37M Anemoy Liquid Treasury Fund, which invests in US Treasury bills. Following similar moves by BlackRock, Fidelity, and Franklin Templeton, Janus aims to position itself on the market.
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Tokeniza to Launch First Funding Round on Blocksquare’s to Tokenize Non-Performing Loans
The platform focused on tokenizing non-performing loans (NPLs) has launched its first funding round on the Oceanpoint RWA Launchpad. Tokeniza’s marketplace will allow users to invest in NPLs backed by real estate assets, targeting returns over 13%.
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The platform focused on tokenizing non-performing loans (NPLs) has launched its first funding round on the Oceanpoint RWA Launchpad. Tokeniza’s marketplace will allow users to invest in NPLs backed by real estate assets, targeting returns over 13%.
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Report: Castle Island Ventures to Release New Stablecoin Report
Castle Island Ventures, in partnership with Brevan Howard Digital, and Visa, released a comprehensive report on stablecoins, highlighting their explosive growth and revealing that stablecoins are increasingly being used for savings in US dollars, especially in high-inflation countries like Nigeria, where people seek to protect their savings from devaluation.
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Castle Island Ventures, in partnership with Brevan Howard Digital, and Visa, released a comprehensive report on stablecoins, highlighting their explosive growth and revealing that stablecoins are increasingly being used for savings in US dollars, especially in high-inflation countries like Nigeria, where people seek to protect their savings from devaluation.
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Matrixdock to Launch Gold Token XAUm
The digital assets platform owned by Matrixport has launched XAUm, a gold-backed token representing one troy ounce of physical gold with 99.99% purity. Backed by LBMA-standard gold, XAUm integrates blockchain technology for secure and flexible gold ownership, allowing users to redeem physical gold in Hong Kong and Singapore. The token supports cross-chain functionality, enhancing its utility across Ethereum and BNB Chain.
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The digital assets platform owned by Matrixport has launched XAUm, a gold-backed token representing one troy ounce of physical gold with 99.99% purity. Backed by LBMA-standard gold, XAUm integrates blockchain technology for secure and flexible gold ownership, allowing users to redeem physical gold in Hong Kong and Singapore. The token supports cross-chain functionality, enhancing its utility across Ethereum and BNB Chain.
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Tokenized RWAs (Excl. Stablecoins) to Hit $12B Market Value
The market value of on-chain real-world assets, excluding stablecoins, has surpassed $12 billion, signaling strong investor interest according to Binance Research. Tokenized assets, such as real estate, government bonds, and carbon credits, enable fractional ownership and streamlined settlement processes. The on-chain credit market, worth $9 billion, is also gaining traction, with significant contributions from companies like Figure.
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The market value of on-chain real-world assets, excluding stablecoins, has surpassed $12 billion, signaling strong investor interest according to Binance Research. Tokenized assets, such as real estate, government bonds, and carbon credits, enable fractional ownership and streamlined settlement processes. The on-chain credit market, worth $9 billion, is also gaining traction, with significant contributions from companies like Figure.
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Galaxy Digital: "Every" Major Asset Manager Working on Tokenization
During Barclays Annual Global Financial Services Conference on 11 September 2024 in New York, Galaxy Digital CEO Mike Novogratz highlighted the rapid adoption of tokenized funds by asset managers, stating that every manager they’ve spoken to is "frantically" working on tokenizing a fund. Novogratz also expects private funds to increasingly move on-chain, though liquidity challenges remain.
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During Barclays Annual Global Financial Services Conference on 11 September 2024 in New York, Galaxy Digital CEO Mike Novogratz highlighted the rapid adoption of tokenized funds by asset managers, stating that every manager they’ve spoken to is "frantically" working on tokenizing a fund. Novogratz also expects private funds to increasingly move on-chain, though liquidity challenges remain.
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