Aurum to Launch $1B Tokenized Fund for Data Center Investments
Aurum Equity Partners has launched a $1 billion tokenized equity and debt fund on the XRP Ledger, focusing on data center investments across the U.S., UAE, Saudi Arabia, India, and Europe. This is claimed to be the world's first fund combining equity and debt tokenization. The fund utilizes technology from Zoniqx to issue security tokens for financial instruments.
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Aurum Equity Partners has launched a $1 billion tokenized equity and debt fund on the XRP Ledger, focusing on data center investments across the U.S., UAE, Saudi Arabia, India, and Europe. This is claimed to be the world's first fund combining equity and debt tokenization. The fund utilizes technology from Zoniqx to issue security tokens for financial instruments.
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Luxembourg-based ERC3643 Association to Advance RWA Tokenization | Movement Labs to Join
The association actively engages with six major regulatory bodies, including the CSSF, SEC, and MAS, and steadily increased adoption in the recent months. Their T-REX standard is already being used by financial institutions like ABN AMRO and Citi for tokenizing assets like real estate, bonds, and private equity. Recently, Movement Labs also announced its membership, promoting identity-based permissioned tokens that enable regulatory compliance on-chain.
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The association actively engages with six major regulatory bodies, including the CSSF, SEC, and MAS, and steadily increased adoption in the recent months. Their T-REX standard is already being used by financial institutions like ABN AMRO and Citi for tokenizing assets like real estate, bonds, and private equity. Recently, Movement Labs also announced its membership, promoting identity-based permissioned tokens that enable regulatory compliance on-chain.
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RWA-Focused Mantra Chain to Launch Its Mainnet
As an institutional-grade layer 1 blockchain, MANTRA aims to be the leading ledger for RWAs, offering tools for secure and compliant asset transfers. This launch marks a significant step, following partnerships with UAE's MAG and Zand Bank.
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As an institutional-grade layer 1 blockchain, MANTRA aims to be the leading ledger for RWAs, offering tools for secure and compliant asset transfers. This launch marks a significant step, following partnerships with UAE's MAG and Zand Bank.
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STOKR to Raise $7.98 Million to Establish Corporate Bitcoin Treasuries in Europe
The marketplace plans to use a significant portion of its recent $7.98 million fundraising to establish one of the EU’s first corporate bitcoin treasuries and will also build infrastructure for institutional tokenization using Bitcoin Layer 2 technologies like the Liquid Network. STOKR is transitioning from a Virtual Asset Service Provider to a regulated Crypto Asset Service Provider under the EU’s MiCA regulatory framework.
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The marketplace plans to use a significant portion of its recent $7.98 million fundraising to establish one of the EU’s first corporate bitcoin treasuries and will also build infrastructure for institutional tokenization using Bitcoin Layer 2 technologies like the Liquid Network. STOKR is transitioning from a Virtual Asset Service Provider to a regulated Crypto Asset Service Provider under the EU’s MiCA regulatory framework.
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SocGen FORGE to Highlight the Rise of Tokenized Collateral in EU and US Markets
At the SIBOS event, Société Générale’s FORGE highlighted the importance of combining tokenization and derivatives to grow the sector, despite derivatives not being part of the EU's DLT Pilot Regime. Hashnote, a TradFi-affiliated firm, has already launched a tokenized money market fund (USYC) used as collateral in crypto derivatives, and aims to introduce it to traditional finance.
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At the SIBOS event, Société Générale’s FORGE highlighted the importance of combining tokenization and derivatives to grow the sector, despite derivatives not being part of the EU's DLT Pilot Regime. Hashnote, a TradFi-affiliated firm, has already launched a tokenized money market fund (USYC) used as collateral in crypto derivatives, and aims to introduce it to traditional finance.
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GnosisDAO to Launch $40 Million Venture Fund Targeting RWA, Infrastructure and Payments
GnosisVC will focus on real-world assets, crypto infrastructure, and payment rails, with $20 million from GnosisDAO and the rest from external LPs. GNO token holders will have partial governance over the fund. Since 2019, GnosisVC has backed around 60 projects, including Centrifuge and Gelato.
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GnosisVC will focus on real-world assets, crypto infrastructure, and payment rails, with $20 million from GnosisDAO and the rest from external LPs. GNO token holders will have partial governance over the fund. Since 2019, GnosisVC has backed around 60 projects, including Centrifuge and Gelato.
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Tether to Propose Tokenization of Turkey’s Boron Reserves
Discussing with Turkish officials, including the Vice President and Energy Minister, the initiative would leverage blockchain technology to tokenize borate minerals, a key Turkish export managed by state-owned Eti Maden.
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Discussing with Turkish officials, including the Vice President and Energy Minister, the initiative would leverage blockchain technology to tokenize borate minerals, a key Turkish export managed by state-owned Eti Maden.
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Blocksquare and Bitpanda to Team Up to Bring Fractionalized Real Estate Investments to Europe
Blocksquare has announced the listing of its native token, BST, on Bitpanda, Europe’s leading cryptocurrency platform, marking a major step in expanding access to tokenized real estate investments across Europe. With 71 properties already tokenized on Blocksquare’s platform, the listing aims to simplify investment in fractional property ownership, aligning with Blocksquare’s mission to democratize real estate access.
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Blocksquare has announced the listing of its native token, BST, on Bitpanda, Europe’s leading cryptocurrency platform, marking a major step in expanding access to tokenized real estate investments across Europe. With 71 properties already tokenized on Blocksquare’s platform, the listing aims to simplify investment in fractional property ownership, aligning with Blocksquare’s mission to democratize real estate access.
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Propy to Launch Crypto Escrow Service for Tokenized Real Estate Transactions
Propy has launched its Propy Crypto Escrow Service, a secure crypto-based solution for real estate and high-value transactions, in partnership with Coinbase Prime. Designed for Bitcoin, Ethereum, and USDC users, the service enables crypto holders to hold funds in escrow during real estate closings, minimizing capital gains tax implications and reducing risks associated with early conversions.
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Propy has launched its Propy Crypto Escrow Service, a secure crypto-based solution for real estate and high-value transactions, in partnership with Coinbase Prime. Designed for Bitcoin, Ethereum, and USDC users, the service enables crypto holders to hold funds in escrow during real estate closings, minimizing capital gains tax implications and reducing risks associated with early conversions.
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AIIB Digital Bond Issued via Euroclear to Reaches $500 Million
The Asian Infrastructure Investment Bank (AIIB) has increased its digitally native bond issuance to $500 million, following an additional $200 million tap issuance on Euroclear's D-FMI platform. This places AIIB among the world’s top five largest digital bonds, trailing KfW and Hong Kong's digital bonds. The bond, part of AIIB’s sustainable program, was led by BMO Capital Market and Citi, with listing on the Luxembourg Stock Exchange.
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The Asian Infrastructure Investment Bank (AIIB) has increased its digitally native bond issuance to $500 million, following an additional $200 million tap issuance on Euroclear's D-FMI platform. This places AIIB among the world’s top five largest digital bonds, trailing KfW and Hong Kong's digital bonds. The bond, part of AIIB’s sustainable program, was led by BMO Capital Market and Citi, with listing on the Luxembourg Stock Exchange.
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Qatar-Based Blade Labs to Introduce Sharia-Compliant Tokenization Platform
As part of the Qatar FinTech Hub's 2024 Cohort, Blade Labs has launched Qatar's first blockchain-based platform for tokenized Murabaha contracts, aiming to transform Islamic finance by digitizing the Murabaha process. This Sharia-compliant platform enables non-financial institutions, like car agencies, to embed financing options directly into their services.
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As part of the Qatar FinTech Hub's 2024 Cohort, Blade Labs has launched Qatar's first blockchain-based platform for tokenized Murabaha contracts, aiming to transform Islamic finance by digitizing the Murabaha process. This Sharia-compliant platform enables non-financial institutions, like car agencies, to embed financing options directly into their services.
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Wall Street Financial Services Firm Lazard to Create Tokenized Funds with Bitfinex Securities
Lazard, with $245 billion AUM, is partnering with Bitfinex Securities and SkyBridge Invest to launch tokenized funds under Kazakhstan's financial services law. Regulated by the Astana Financial Services Authority (AFSA), these tokenized funds will allow retail investors access to Lazard-managed funds, traditionally available only to institutions, using Tether’s stablecoin (USDT) for purchases.
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Lazard, with $245 billion AUM, is partnering with Bitfinex Securities and SkyBridge Invest to launch tokenized funds under Kazakhstan's financial services law. Regulated by the Astana Financial Services Authority (AFSA), these tokenized funds will allow retail investors access to Lazard-managed funds, traditionally available only to institutions, using Tether’s stablecoin (USDT) for purchases.
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HKMA to Partner with Banco Central do Brasil on Cross-Border Tokenization Initiatives
The Hong Kong Monetary Authority (HKMA) and Banco Central do Brasil (BCB) have partnered to explore cross-border tokenization applications, linking their respective CBDC pilot infrastructures—Hong Kong's Ensemble Sandbox and Brazil’s Drex platform. The collaboration aims to investigate use cases in payment-versus-payment (PvP) and delivery-versus-payment (DvP) settlements for sectors like trade finance and carbon credits.
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The Hong Kong Monetary Authority (HKMA) and Banco Central do Brasil (BCB) have partnered to explore cross-border tokenization applications, linking their respective CBDC pilot infrastructures—Hong Kong's Ensemble Sandbox and Brazil’s Drex platform. The collaboration aims to investigate use cases in payment-versus-payment (PvP) and delivery-versus-payment (DvP) settlements for sectors like trade finance and carbon credits.
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Franklin Templeton to Receive Approval to Deliver Tokenized UCITS Fund on Blockchain
FT has received approval from Luxembourg’s CSSF to launch the first fully tokenized UCITS fund in Luxembourg, using its proprietary blockchain-enabled platform. Set for a widespread European distribution, the fund will leverage blockchain’s unique advantages in asset management, marking a pivotal development in Franklin Templeton’s broader digital asset strategy.
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FT has received approval from Luxembourg’s CSSF to launch the first fully tokenized UCITS fund in Luxembourg, using its proprietary blockchain-enabled platform. Set for a widespread European distribution, the fund will leverage blockchain’s unique advantages in asset management, marking a pivotal development in Franklin Templeton’s broader digital asset strategy.
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L-Bank to Issue €50 Million Digital Commercial Paper Using Clearstream’s D7
Germany’s L-Bank, owned by the State of Baden-Württemberg, has issued its first digital commercial paper using Clearstream's D7 platform, with settlement facilitated through the European Central Bank's (ECB) wholesale DLT trials. Led by Natwest Markets BV, the one-month issuance highlights the ECB’s exploration of secure settlement methods for tokenized wholesale transactions.
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Germany’s L-Bank, owned by the State of Baden-Württemberg, has issued its first digital commercial paper using Clearstream's D7 platform, with settlement facilitated through the European Central Bank's (ECB) wholesale DLT trials. Led by Natwest Markets BV, the one-month issuance highlights the ECB’s exploration of secure settlement methods for tokenized wholesale transactions.
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OSL and ChinaAMC to Launch Tokenised Fund Initiative for Retail Investors in Project Ensemble
OSL Digital Securities, in partnership with China Asset Management (Hong Kong), has launched a new initiative under Hong Kong's Project Ensemble to develop a tokenized money market fund tailored for retail investors, pending regulatory approval.
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OSL Digital Securities, in partnership with China Asset Management (Hong Kong), has launched a new initiative under Hong Kong's Project Ensemble to develop a tokenized money market fund tailored for retail investors, pending regulatory approval.
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HSBC and Ant International to Successfully Complete Tokenized Deposit Transfers
This HKD-denominated blockchain-based tokenized deposit transfers were part of the Hong Kong Monetary Authority's Project Ensemble Sandbox. Vincent Lau, HSBC's Global Head of Digital Money, highlighted the potential of tokenized deposits for enhancing corporate treasury operations.
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This HKD-denominated blockchain-based tokenized deposit transfers were part of the Hong Kong Monetary Authority's Project Ensemble Sandbox. Vincent Lau, HSBC's Global Head of Digital Money, highlighted the potential of tokenized deposits for enhancing corporate treasury operations.
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Base One-Day Stablecoin Transfer Volume to Outrank All Other Chains
On October 26, Coinbase’s Ethereum Layer 2 network, Base, led all blockchains in daily stablecoin transfer volume for the first time, handling 30% of the total $60 billion transferred, according to Artemis. Solana followed with 25% and Ethereum with 20%. USDC was the most-used stablecoin on Base, making up 62% of its volume, with Tether’s USDT and DAI trailing.
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On October 26, Coinbase’s Ethereum Layer 2 network, Base, led all blockchains in daily stablecoin transfer volume for the first time, handling 30% of the total $60 billion transferred, according to Artemis. Solana followed with 25% and Ethereum with 20%. USDC was the most-used stablecoin on Base, making up 62% of its volume, with Tether’s USDT and DAI trailing.
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Lloyds, Santander, UBS to Use Fnality Tokenized Central Bank Money for Margin Settlement
Fnality completed its first pilot for DLT-based margin payments with Lloyds, Santander, and UBS, using tokenized central bank money via an account at the Bank of England. This live test marks a step towards intraday margin settlement for the $667 trillion OTC derivatives market. Fnality aims to support multiple currencies and is also working on repo transactions with HQLAᵡ.
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Fnality completed its first pilot for DLT-based margin payments with Lloyds, Santander, and UBS, using tokenized central bank money via an account at the Bank of England. This live test marks a step towards intraday margin settlement for the $667 trillion OTC derivatives market. Fnality aims to support multiple currencies and is also working on repo transactions with HQLAᵡ.
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BCG_tokenized_funds_the_third_revolution_in_asset_management_decoded.pdf
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Report: BCG on Tokenized Funds as Third Revolution in Asset Management
With tokenized funds managing over $2 billion in assets by late 2024, demand is set to rise further as regulated stablecoins, tokenized deposits, and CBDCs take shape. This report explores the market’s potential, incentives for investors and institutions, and opportunities for fund managers.
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With tokenized funds managing over $2 billion in assets by late 2024, demand is set to rise further as regulated stablecoins, tokenized deposits, and CBDCs take shape. This report explores the market’s potential, incentives for investors and institutions, and opportunities for fund managers.
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BBVA Asset Management to Launch a ‘Tokenized’ Fund Through the CNMV Sandbox
The pilot project is about tokenizing a short-term fixed-income investment fund, leveraging the regulatory sandbox of Spain’s National Securities Market Commission (CNMV). The BBVA Token Renta Fija Corto Plazo fund, Currently accessible only to BBVA AM employees, uses the Allfunds Blockchain network for order processing and smart contract management.
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The pilot project is about tokenizing a short-term fixed-income investment fund, leveraging the regulatory sandbox of Spain’s National Securities Market Commission (CNMV). The BBVA Token Renta Fija Corto Plazo fund, Currently accessible only to BBVA AM employees, uses the Allfunds Blockchain network for order processing and smart contract management.
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