A new report released on Tuesday outlines the recommendations of a technology working group supported by the UK government, which encourages companies to adopt tokenization strategies in collaboration with their industry peers. The United Kingdom’s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms. Working Group…
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Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they need to create RWA protocols and to expand the tokenization of these assets. Scaling Real-World Asset…
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The Swiss financial markets regulator has granted the digital asset infrastructure firm Taurus the approval which allows its retail users to “create an account and trade digital assets and tokenized securities.” Besides receiving the FINMA approval, Taurus said it will be admitting new tokenized assets from Swiss companies that have selected TDX as their preferred…
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Despite recently garnering much of the world’s attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof blockchain Mintlayer. The Appeal of Tokenized Real-World Assets Zaid Ismail stated that, unlike regular ETFs, trading of tokenized RWAs is not curtailed…
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During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology became one of the most consistent talking points in the crypto space. Stablecoin Inflows…
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The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch. Bitfinex’s recently launched Tether (USDT) tokenized bond — hailed as a “new era for capital raises” —appears to have failed to garner the investment and interest the firm anticipated. Bitfinex Securities, a platform focused on…
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Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs. Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.…
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Real-world assets (RWAs) are emerging as one of the next mega trends in the crypto space, and according to a recent study by K33 Research, Chainlink could profit in a big way from this trend. In a recent study, the research firm projected that LINK would be the “safest bet” to capitalize on this impending…
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According to Wang Yang and Wen Yizhou, a stablecoin issued by the Hong Kong government has the potential to become an international currency and may challenge the U.S. dollar in certain places. However, in their latest opinion piece, Yang and Yizhou said the envisaged stablecoin will only succeed if Hong Kong acts before the currency’s…
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According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli argued that while bitcoin maximalists may view Blackrock or any other traditional financial institutions’ ETFs as an affront to the…
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