BNP Paribas to Invest in Tokenization Startup Kriptown, DLT Pilot Regime Applicant
France's Kriptown, a blockchain-based crowdfunding platform, has raised $4.6M in a Series A led by BNP Paribas, Bpifrance, and the Centilux Family Office. The startup helps SMEs raise funds and has applied for a DLT-based exchange and settlement service license under the EU's DLT Pilot Regime. Currently, it holds a French digital asset service provider license with 6,000 investors and €5 million in transactions.
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France's Kriptown, a blockchain-based crowdfunding platform, has raised $4.6M in a Series A led by BNP Paribas, Bpifrance, and the Centilux Family Office. The startup helps SMEs raise funds and has applied for a DLT-based exchange and settlement service license under the EU's DLT Pilot Regime. Currently, it holds a French digital asset service provider license with 6,000 investors and €5 million in transactions.
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Report: CoinMetrics to Release Real-World Asset Tokenization Report
The report highlights progress in tokenizing fiat currencies, government securities, private credit, and commodities on blockchain, with Ethereum leading, while Solana and Stellar gain traction. Institutional involvement from BlackRock and Franklin Templeton, along with evolving regulations like MiCA, is driving greater integration of RWAs into decentralized finance (DeFi).
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The report highlights progress in tokenizing fiat currencies, government securities, private credit, and commodities on blockchain, with Ethereum leading, while Solana and Stellar gain traction. Institutional involvement from BlackRock and Franklin Templeton, along with evolving regulations like MiCA, is driving greater integration of RWAs into decentralized finance (DeFi).
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Securitize to Enable USDC-to-USD Conversion for BlackRock’s BUIDL Fund, Surpassing $550M AUM
Qualified investors can now subscribe fully on-chain to BlackRock's BUIDL fund by converting USDC to U.S. dollars through an integration between tokenization firm Securitize and crypto infrastructure provider Zero Hash. BUIDL, the largest tokenized fund with over $550 million in assets, invests in U.S. Treasurys and repo agreements to provide yield to onchain token holders.
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Qualified investors can now subscribe fully on-chain to BlackRock's BUIDL fund by converting USDC to U.S. dollars through an integration between tokenization firm Securitize and crypto infrastructure provider Zero Hash. BUIDL, the largest tokenized fund with over $550 million in assets, invests in U.S. Treasurys and repo agreements to provide yield to onchain token holders.
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MiCA-Compliant Stablecoins to Take Major Market Share of Euro-Stablecoin Sector
Since the EU's Markets in Crypto-Assets (MiCA) regulations took effect in June, MiCA-compliant stablecoins like Circle’s EURC and Société Générale’s EURCV now dominate the euro-stablecoin market, holding a 67% market share.
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Since the EU's Markets in Crypto-Assets (MiCA) regulations took effect in June, MiCA-compliant stablecoins like Circle’s EURC and Société Générale’s EURCV now dominate the euro-stablecoin market, holding a 67% market share.
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Cow Group to Partner with DigiShares to Launch Gold-Backed Stablecoin, "MyGold™"
Launched on September 25, 2024, MyGold™ is backed by 50% physical gold and 50% SIRI Tokens, maintaining a stable $1 value through seigniorage algorithms. It also enables income generation through Cow Group’s SWIM program, where holders can trade gold in weekly cycles.
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Launched on September 25, 2024, MyGold™ is backed by 50% physical gold and 50% SIRI Tokens, maintaining a stable $1 value through seigniorage algorithms. It also enables income generation through Cow Group’s SWIM program, where holders can trade gold in weekly cycles.
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DTCC to Unveil Digital Asset Sandbox
The Depository Trust & Clearing Corporation (DTCC) has launched the DTCC Digital Launchpad, designed to explore mainstream financial applications of tokenization and digital assets. Announced on October 15, 2024, the initiative aims to address the fragmented digital asset landscape and establish secure, efficient digital market infrastructure.
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The Depository Trust & Clearing Corporation (DTCC) has launched the DTCC Digital Launchpad, designed to explore mainstream financial applications of tokenization and digital assets. Announced on October 15, 2024, the initiative aims to address the fragmented digital asset landscape and establish secure, efficient digital market infrastructure.
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Hashnote to Launch USYC on Canton Network, Offering Tokenized Money Market Fund with Built-in Privacy
USYC benefits from Canton's privacy features, allowing holders to manage collateral without exposing their transactions to third parties. USYC, which invests in government-backed bonds via reverse repos, currently holds $300 million in assets under management.
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USYC benefits from Canton's privacy features, allowing holders to manage collateral without exposing their transactions to third parties. USYC, which invests in government-backed bonds via reverse repos, currently holds $300 million in assets under management.
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Stripe to Utilize Paxos Stablecoin Payments Platform
The "Pay with Crypto" product uses Paxos' new stablecoin payments platform, supporting instant conversions between USD and major stablecoins like PayPal's PYUSD, Circle's USDC, and its own USDP for payments, payouts, and refunds.
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The "Pay with Crypto" product uses Paxos' new stablecoin payments platform, supporting instant conversions between USD and major stablecoins like PayPal's PYUSD, Circle's USDC, and its own USDP for payments, payouts, and refunds.
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SingularityDAO to Merge With Cogito Finance & SelfKey for AI Capacity Tokenization
The newly formed Singularity Finance focuses on tokenizing assets like GPUs and AI-powered financial tools. Existing tokens KEY, SDAO, and CGV will merge into the new SFI token. This follows a similar merger by SingularityNET with Fetch.ai and Ocean Protocol.
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The newly formed Singularity Finance focuses on tokenizing assets like GPUs and AI-powered financial tools. Existing tokens KEY, SDAO, and CGV will merge into the new SFI token. This follows a similar merger by SingularityNET with Fetch.ai and Ocean Protocol.
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ANZ to Explore Stablecoin to Track Pension Payments
ANZ and HESTA are exploring using ANZ's A$DC stablecoin for employer pension contributions (superannuation) by combining payment and data in a single smart contract transaction, aiming to streamline the process and reduce the 1.6% error rate in 200 million annual payments.
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ANZ and HESTA are exploring using ANZ's A$DC stablecoin for employer pension contributions (superannuation) by combining payment and data in a single smart contract transaction, aiming to streamline the process and reduce the 1.6% error rate in 200 million annual payments.
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Projective Finance to Partner with Plume Network to Tokenize Over $100M in Solar Assets
This move combines renewable energy projects with blockchain to enhance efficiency and liquidity in solar asset financing. By leveraging Plume's RWAfi infrastructure, global investors can access U.S. solar farms, offering stable, high-yield investments with returns ranging from 9% to 18%.
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This move combines renewable energy projects with blockchain to enhance efficiency and liquidity in solar asset financing. By leveraging Plume's RWAfi infrastructure, global investors can access U.S. solar farms, offering stable, high-yield investments with returns ranging from 9% to 18%.
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Swarm Markets and OrdinalsBot to Enable Physical Gold Trading on Bitcoin Blockchain
Via the Ordinals protocol, Satoshi's are inscribed with gold kilobar serial numbers, allowing gold to be traded as a real-world asset on Bitcoin's network. This offering lets investors hold both physical and digital gold using Bitcoin's blockchain.
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Via the Ordinals protocol, Satoshi's are inscribed with gold kilobar serial numbers, allowing gold to be traded as a real-world asset on Bitcoin's network. This offering lets investors hold both physical and digital gold using Bitcoin's blockchain.
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Hedera to Launch Regulatory-Compliant Asset Tokenization Studio
The open-source toolkit supports U.S. SEC regulations and is meant for creating and managing tokenized bonds and equities. It offers features like bond coupons, stock dividends, and regulatory compliance, catering to financial institutions and issuers.
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The open-source toolkit supports U.S. SEC regulations and is meant for creating and managing tokenized bonds and equities. It offers features like bond coupons, stock dividends, and regulatory compliance, catering to financial institutions and issuers.
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Singapore's Biggest Bank DBS to Introduce 'Token Services'
The "DBS Token Services" are integrating tokenization and smart contract-enabled capabilities with its existing banking services to help institutional clients optimize liquidity management and streamline operations. The suite includes Treasury Tokens for multi-currency transactions, Conditional Payments to improve workflows, and Programmable Rewards for digital voucher programs.
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The "DBS Token Services" are integrating tokenization and smart contract-enabled capabilities with its existing banking services to help institutional clients optimize liquidity management and streamline operations. The suite includes Treasury Tokens for multi-currency transactions, Conditional Payments to improve workflows, and Programmable Rewards for digital voucher programs.
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German Development Bank WIBank to Launch Blockchain-based Bonds
WIBank has issued a €5 million bond on the Ethereum Layer-2 network Polygon, settled using Trigger, a system developed by Germany’s central bank for DLT-based securities transactions with central bank money. This process reduces both counterparty and credit risks. Helaba, WIBank's parent, acted as the cash settlement agent, with Bankhaus Metzler as the sole investor.
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WIBank has issued a €5 million bond on the Ethereum Layer-2 network Polygon, settled using Trigger, a system developed by Germany’s central bank for DLT-based securities transactions with central bank money. This process reduces both counterparty and credit risks. Helaba, WIBank's parent, acted as the cash settlement agent, with Bankhaus Metzler as the sole investor.
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Paxos to Launch Yield-Bearing Stablecoin to Injective Network
Paxos South America has launched its yield-bearing stablecoin, Wrapped Lift Dollar (wUSDL), on the Injective blockchain, allowing users to earn yield while utilizing the asset across Injective's DeFi protocols. Backed 1:1 by reserves, wUSDL earns yield from short-term treasury bills and cash equivalents, which is passed back to holders.
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Paxos South America has launched its yield-bearing stablecoin, Wrapped Lift Dollar (wUSDL), on the Injective blockchain, allowing users to earn yield while utilizing the asset across Injective's DeFi protocols. Backed 1:1 by reserves, wUSDL earns yield from short-term treasury bills and cash equivalents, which is passed back to holders.
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Euroclear to Invest in Singapore DLT Fund Platform Marketnode
Founded in 2021 as a joint venture between the Singapore Exchange and Temasek, received Series A funding led by HSBC earlier this year, Marketnode offers a tokenization solution, Gateway, and a DLT-based fund administration platform, Fundnode.
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Founded in 2021 as a joint venture between the Singapore Exchange and Temasek, received Series A funding led by HSBC earlier this year, Marketnode offers a tokenization solution, Gateway, and a DLT-based fund administration platform, Fundnode.
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Siam Commercial Bank to Launches Stablecoin Cross Border Payments
Thailand’s Siam Commercial Bank (SCB) has launched a stablecoin solution for cross-border payments after graduating from the Bank of Thailand’s sandbox. Partnering with SCB 10X, Lightnet, and Fireblocks, the service aims to streamline cross-border transactions, offering faster, 24/7 payments at lower costs. Initially for consumers, SCB plans to expand the service to corporate clients.
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Thailand’s Siam Commercial Bank (SCB) has launched a stablecoin solution for cross-border payments after graduating from the Bank of Thailand’s sandbox. Partnering with SCB 10X, Lightnet, and Fireblocks, the service aims to streamline cross-border transactions, offering faster, 24/7 payments at lower costs. Initially for consumers, SCB plans to expand the service to corporate clients.
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Stripe to Acquires Stablecoin Platform Bridge for $1.1 Billion
Stripe has made its largest acquisition yet by purchasing stablecoin platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. Bridge, which provides tools for businesses to accept stablecoin payments, had previously raised $58 million and was valued at $200 million.
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Stripe has made its largest acquisition yet by purchasing stablecoin platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. Bridge, which provides tools for businesses to accept stablecoin payments, had previously raised $58 million and was valued at $200 million.
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Deutsche Börse Clearstream’s D7 to Surpass €10 Billion+ Digital Security Issuances
Primarily through large digital bonds and structured products, the platform as surpassed €10 billion in issuances volume and has also been integral to the European Central Bank’s DLT settlement trials, which involve intraday repo transactions and real commercial paper issuances, using blockchain technology for automation and efficiency.
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Primarily through large digital bonds and structured products, the platform as surpassed €10 billion in issuances volume and has also been integral to the European Central Bank’s DLT settlement trials, which involve intraday repo transactions and real commercial paper issuances, using blockchain technology for automation and efficiency.
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