40+ Firms to Join Project Agorá for Tokenized Cross-Border Payments Exploration
The Bank for International Settlements (BIS) announced that over 40 financial firms will join its Project Agorá to explore how tokenization can improve wholesale cross-border payments. The project will focus on integrating tokenized commercial bank deposits with tokenized central bank money.
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The Bank for International Settlements (BIS) announced that over 40 financial firms will join its Project Agorá to explore how tokenization can improve wholesale cross-border payments. The project will focus on integrating tokenized commercial bank deposits with tokenized central bank money.
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Hedera to Launch “Asset Tokenization Studio”, Focusing on Digital Securities
Hedera has launched an "all-in-one" Asset Tokenization Studio to simplify the tokenization of assets like bonds and equities. This open-source platform, backed by the HBAR Foundation, RedSwan, and others, is designed to accelerate digital securities adoption by providing issuers with pre-audited tools.
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Hedera has launched an "all-in-one" Asset Tokenization Studio to simplify the tokenization of assets like bonds and equities. This open-source platform, backed by the HBAR Foundation, RedSwan, and others, is designed to accelerate digital securities adoption by providing issuers with pre-audited tools.
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UK Finance & 11 Member Banks to Complete Experimental Phase of a Tokenization and CBDC Platform
Barclays, Citi UK, HSBC, Natwest and others have participated in the Regulated Liability Network (RLN) test. The platform could deliver economic benefits and enable new features like programmable payments. The RLN aims to enhance payments and settlement capabilities, and its core includes a multi-issuer tokenization platform and an API layer for interoperability.
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Barclays, Citi UK, HSBC, Natwest and others have participated in the Regulated Liability Network (RLN) test. The platform could deliver economic benefits and enable new features like programmable payments. The RLN aims to enhance payments and settlement capabilities, and its core includes a multi-issuer tokenization platform and an API layer for interoperability.
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Centrifuge to List the Anemoy Liquid Treasury Fund on Archax
Anemoy & Centrifuge have partnered with Archax, the UK’s first regulated digital securities exchange, to list the Liquid Treasury Fund (LTF) on its platform. Managed by Janus Henderson Investors, the LTF provides Archax users direct access to US Treasury bills through tokenization, broadening distribution for tokenized assets.
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Anemoy & Centrifuge have partnered with Archax, the UK’s first regulated digital securities exchange, to list the Liquid Treasury Fund (LTF) on its platform. Managed by Janus Henderson Investors, the LTF provides Archax users direct access to US Treasury bills through tokenization, broadening distribution for tokenized assets.
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Fintech Giant Revolut to Plan Its Own Stablecoin
The London-based fintech valued at $45 billion is planning to issue its own stablecoin as part of its expanding crypto offerings, according to sources familiar with the matter. The company, which recently obtained a U.K. banking license, aims to take a compliance-first approach, positioning itself as a safe harbor for the crypto community.
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The London-based fintech valued at $45 billion is planning to issue its own stablecoin as part of its expanding crypto offerings, according to sources familiar with the matter. The company, which recently obtained a U.K. banking license, aims to take a compliance-first approach, positioning itself as a safe harbor for the crypto community.
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BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
BitGo announced plans to launch its own stablecoin, USDS, in January 2025, offering a unique rewards-based model that incentivizes institutions providing liquidity to the network. Unlike other stablecoins, USDS will distribute a portion of the returns from its reserves, which include Treasury bills and cash, to liquidity providers rather than end users.
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BitGo announced plans to launch its own stablecoin, USDS, in January 2025, offering a unique rewards-based model that incentivizes institutions providing liquidity to the network. Unlike other stablecoins, USDS will distribute a portion of the returns from its reserves, which include Treasury bills and cash, to liquidity providers rather than end users.
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WisdomTree to Unveil RWA Tokenization Platform
The platform aimed at businesses and institutions complements WisdomTree Prime, the company’s retail digital app, and allows users to purchase tokenized funds with U.S. dollars or the USDC stablecoin. Initially using the Ethereum blockchain, WisdomTree Connect enables crypto-native institutions to access traditional financial products like money market funds via blockchain.
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The platform aimed at businesses and institutions complements WisdomTree Prime, the company’s retail digital app, and allows users to purchase tokenized funds with U.S. dollars or the USDC stablecoin. Initially using the Ethereum blockchain, WisdomTree Connect enables crypto-native institutions to access traditional financial products like money market funds via blockchain.
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⭕️ Alert: Ethena Platform Compromised [RESOLVED]
The website frontend of the Ethena synthetic dollar protocol built on Ethereum was compromised. Do not interact with any Ethena-related links until resolved.
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The website frontend of the Ethena synthetic dollar protocol built on Ethereum was compromised. Do not interact with any Ethena-related links until resolved.
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APAC Region to See Surge in Real Estate Tokenization
The Asia-Pacific (APAC) region is seeing a surge in real estate tokenization projects, transforming the market by making property investment more accessible and inclusive, according to GlobalData. Recent projects include Japan’s first real estate security token offering and Singapore's ADDX platform expanding to new regions.
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The Asia-Pacific (APAC) region is seeing a surge in real estate tokenization projects, transforming the market by making property investment more accessible and inclusive, according to GlobalData. Recent projects include Japan’s first real estate security token offering and Singapore's ADDX platform expanding to new regions.
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EMURGO and Kinka Gold to Launch Tokenized Gold Token
Cardano is set to see its first gold-backed token to launch through a partnership between EMURGO and Kinka Gold, a subsidiary of Japan-based neo-finance services firm. The XNK token will be backed by premium Japanese gold, adhering to the highest LBMA standards, and stored in global vaults.
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Cardano is set to see its first gold-backed token to launch through a partnership between EMURGO and Kinka Gold, a subsidiary of Japan-based neo-finance services firm. The XNK token will be backed by premium Japanese gold, adhering to the highest LBMA standards, and stored in global vaults.
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U.S. State Wyoming to Plan Dollar-Backed Stablecoin
By early 2025, aiming to lower consumer payment costs through blockchain, Wyoming plans to launch its own Stablecoin. The Wyoming Stable Token Commission will oversee the project, which is backed by $5.8 million in state investment. The stablecoin will be backed 102% by US dollars and short-term treasuries, with interest generated from reserves benefiting public schools.
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By early 2025, aiming to lower consumer payment costs through blockchain, Wyoming plans to launch its own Stablecoin. The Wyoming Stable Token Commission will oversee the project, which is backed by $5.8 million in state investment. The stablecoin will be backed 102% by US dollars and short-term treasuries, with interest generated from reserves benefiting public schools.
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Fnality and Ownera to Partner DLT-Based Payment System and Tokenized Assets
The partnership is enabling seamless and scalable interoperability between Fnality’s Distributed Ledger Technology (DLT)-based payment systems and tokenized assets across public and private ledgers. This allows institutions using Ownera’s Router to offer clients direct access to Fnality Payment System (FnPS) for payments, repos, and collateral mobility, enhancing liquidity and efficiency in financial markets.
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The partnership is enabling seamless and scalable interoperability between Fnality’s Distributed Ledger Technology (DLT)-based payment systems and tokenized assets across public and private ledgers. This allows institutions using Ownera’s Router to offer clients direct access to Fnality Payment System (FnPS) for payments, repos, and collateral mobility, enhancing liquidity and efficiency in financial markets.
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Standard Chartered Ventures-backed SWIAT and Olea to Partner for Tokenized Trade Finance
With DekaBank funding the first tokenized trade receivable, the partnership enables Olea to issue digital assets and tap into alternative funding sources, enhancing liquidity in trade finance. Olea recently secured a capital markets license in Singapore, further solidifying its role in the tokenization of trade finance.
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With DekaBank funding the first tokenized trade receivable, the partnership enables Olea to issue digital assets and tap into alternative funding sources, enhancing liquidity in trade finance. Olea recently secured a capital markets license in Singapore, further solidifying its role in the tokenization of trade finance.
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Figure Markets to Announce Global Launch Featuring 8% Yield Opportunity
Figure Markets has launched a new global crypto exchange based in the Cayman Islands, offering users up to 8% annualized yield on cash and stablecoin balances, with U.S. users earning up to 3% on USD balances at an FDIC-insured bank.
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Figure Markets has launched a new global crypto exchange based in the Cayman Islands, offering users up to 8% annualized yield on cash and stablecoin balances, with U.S. users earning up to 3% on USD balances at an FDIC-insured bank.
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HSBC to Trial Quantum Technology for Tokenized Gold
To ensure the security of tokenized gold in a future quantum computing world, HSBC partnered with Quantinuum to implement post-quantum cryptography (PQC). This tackles potential threats posed by quantum computing, which could undermine current cryptographic standards. HSBC successfully tested the secure transfer of tokenized gold across different networks using PQC, demonstrating its commitment to future-proof cybersecurity.
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To ensure the security of tokenized gold in a future quantum computing world, HSBC partnered with Quantinuum to implement post-quantum cryptography (PQC). This tackles potential threats posed by quantum computing, which could undermine current cryptographic standards. HSBC successfully tested the secure transfer of tokenized gold across different networks using PQC, demonstrating its commitment to future-proof cybersecurity.
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SingularityDAO & Cogito to Launch AI-Driven Vaults for RWAs
This partnership will bring tokenized U.S. Treasury Bills, green bonds, and tech-focused assets into SingularityDAO’s v2 DynaVaults, providing secure, diversified, and low-risk investment options and allowing investors to benefit from AI-driven portfolio management while accessing high-quality returns with minimal risk.
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This partnership will bring tokenized U.S. Treasury Bills, green bonds, and tech-focused assets into SingularityDAO’s v2 DynaVaults, providing secure, diversified, and low-risk investment options and allowing investors to benefit from AI-driven portfolio management while accessing high-quality returns with minimal risk.
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Securitize to Partner with Wormhole for Cross-Chain RWA Transfers
BlackRock's Tokenization Partner Securitize has partnered with Wormhole to enable cross-chain transfers for all tokenized assets on its platform, allowing BlackRock’s BUIDL fund, and all others, to move across different blockchains. By integrating Wormhole’s interoperability infrastructure, Securitize aims to expand the tokenized assets ecosystem and facilitate institutional adoption.
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BlackRock's Tokenization Partner Securitize has partnered with Wormhole to enable cross-chain transfers for all tokenized assets on its platform, allowing BlackRock’s BUIDL fund, and all others, to move across different blockchains. By integrating Wormhole’s interoperability infrastructure, Securitize aims to expand the tokenized assets ecosystem and facilitate institutional adoption.
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Societe Generale to Expands EURCV Stablecoin to Solana
SG Forge, the crypto unit of Societe Generale, has launched its Euro-pegged stablecoin, EUR CoinVertible (EURCV), on the Solana blockchain. After its initial release on Ethereum last year, the move to Solana offers users faster, more efficient access to decentralized finance (DeFi) with ultra-low fees and high scalability.
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SG Forge, the crypto unit of Societe Generale, has launched its Euro-pegged stablecoin, EUR CoinVertible (EURCV), on the Solana blockchain. After its initial release on Ethereum last year, the move to Solana offers users faster, more efficient access to decentralized finance (DeFi) with ultra-low fees and high scalability.
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Franklin Templeton to Plan Launch of Mutual Fund on Solana
With $1.3 trillion in assets under management, FT announced plans to launch a mutual fund on the Solana blockchain during the Solana Breakpoint 2024 event in Singapore. This move follows the firm’s earlier focus on Solana and its involvement in Bitcoin and Ethereum ETFs. Citibank has also shown interest in Solana’s potential for money transfers and smart contracts.
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With $1.3 trillion in assets under management, FT announced plans to launch a mutual fund on the Solana blockchain during the Solana Breakpoint 2024 event in Singapore. This move follows the firm’s earlier focus on Solana and its involvement in Bitcoin and Ethereum ETFs. Citibank has also shown interest in Solana’s potential for money transfers and smart contracts.
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Swiss-based SCRYPT to Partner with OpenTrade
Crypto asset services provider SCRYPT has partnered with OpenTrade to offer clients the ability to invest in tokenized US Treasury Bills and EU Government Bonds using USDC and EURC. The product offers daily payouts on money market returns and withdrawals within 48 hours, operating in a compliant and secure environment.
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Crypto asset services provider SCRYPT has partnered with OpenTrade to offer clients the ability to invest in tokenized US Treasury Bills and EU Government Bonds using USDC and EURC. The product offers daily payouts on money market returns and withdrawals within 48 hours, operating in a compliant and secure environment.
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Korea to Prepare for Tokenized Deposit Pilot Aiming for 100K Users
Later this year, 100,000 individuals will participate in large-scale pilots of tokenized deposits, which are likened to using vouchers. The trials, set to begin by the end of the year, will involve six major commercial banks, with participants using the deposit tokens to purchase goods at convenience stores.
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Later this year, 100,000 individuals will participate in large-scale pilots of tokenized deposits, which are likened to using vouchers. The trials, set to begin by the end of the year, will involve six major commercial banks, with participants using the deposit tokens to purchase goods at convenience stores.
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