Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable new…
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The Dutch bank used Tokeny’s platform to issue and manage digital green bonds operating on Polygon’s layer-2 Ethereum protocol. Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer-2 Ethereum scaling technology to raise 5 million euros ($5.3 million). The green bond was issued as an ERC-3643…
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Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy…
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