New York, Thursday, February 29, 2024 – Global leader in wealth management, Citi announced on February 14, 2024, the completion of the proof-of-concept on tokenization of private funds in collaboration with Wellington Management and WisdomTree. The proof-of-concept was carried out by the Avalanche Spruce. It was identified that smart contract capabilities could facilitate buy and […]
Catenaa, Thursday, March 27, 2025-CME Group and Google Cloud are partnering to develop solutions for wholesale payments and asset tokenization using Google Cloud’s Universal Ledger (GCUL), the companies announced Tuesday. The initiative aims to modernize collateral, margin, settlement, and fee payments while aligning with the global shift toward 24/7 trading. The firms have completed initial […]
Catenaa, Tuesday, April 08, 2025-CPIC Investment Management Hong Kong (CPICIMHK) has launched the city’s first tokenized USD money market fund, marking a milestone in blockchain finance. Dubbed CPIC Estable MMF, the private fund digitizes shares on the blockchain for transparent ownership tracking. The fund debuted with an initial $100 million subscription on the HashKey Chain, […]
FRANKFURT, Germany Thursday, June 6, 2024 – Deutsche Bank, the German banking giant, is exploring the potential of blockchain technology to streamline record-keeping for tokenized funds. The bank is testing a platform built on the Ethereum network, according to a recent report. The new strategic movement would be guided by the Guardian Project initiated by […]
Catenaa, Wednesday, April 02, 2025 – Fidelity Investments has filed to tokenize a share class of its US Treasury money market fund on Ethereum, marking its first major move into asset tokenization. The $5.9 trillion asset manager submitted its filing to the US Securities and Exchange Commission on March 21, outlining plans to launch an […]
London, November 21, 2023- HSBC has announced that it will be launching storage services for tokenized securities. The service will be offered to institutional clients and will be available in 2024. The service will be provided in partnership with Metaco, a Swiss digital asset custody firm. HSBC is the latest major bank to enter the […]
London, November 28, 2023- In a landmark move, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) have announced a collaboration to explore the potential of tokenization in streamlining and enhancing their operations. This marks the first time these three cornerstone institutions have joined forces to venture into the […]
George Town, Cayman Islands, Monday, February 26, 2024 – Leading banks have already started tokenizing real-world assets (RWAs), Niki Ariyasinghe, Head of Business Development for Asia-Pacific and the Middle East at Chainlink Labs, said at a recent event: This marks a significant shift from theoretical exploration to full-scale adoption, potentially unlocking a trillion-dollar treasure trove […]
Catenaa, Thursday, January 23, 2025 – Tokenization of real-world assets (RWA) is expected to hit a landmark $50 billion in 2025, reflecting growing momentum in the financial sector. This process transforms tangible assets like bonds, real estate, and private credit into digital tokens on the blockchain, making them more accessible, tradable, and manageable. Moataz Elsayed, […]
Catenaa, Wednesday, March 26, 2025- The US Securities and Exchange Commission’s (SEC) Crypto Task Force announced Tuesday it would hold four additional roundtables between April and June to discuss crypto asset regulation, focusing on decentralized finance and tokenization.Commissioner Hester Peirce, who leads the task force, said the sessions aim to foster dialogue between regulators and […]
Catenaa, Saturday, April 19, 2025-Securitize has acquired the fund administration business of MG Stover, significantly boosting its footprint in digital asset management, the company announced Tuesday. The real-world asset tokenization firm said the acquisition—terms of which were not disclosed—will increase its assets under administration to $38 billion across 715 funds. The newly absorbed business will […]
Catenaa, Tuesday, February 04, 2025 –Thailand’s Securities and Exchange Commission(SEC) is set to introduce a blockchain-based trading platform, allowing securities firms to trade digital tokens in a move aimed at modernizing the country’s financial markets. The platform will facilitate trading in both primary and secondary markets, integrating investor registration, payments and settlements with multi-chain interoperability. […]
Table of Content Introduction The tokenization of markets is an innovative topic to be discussed. As we know, tokenization provides the following benefits: liquidity, reduced costs, transaction speed, and transparency. Tokenization is the process of converting a person’s rights to an asset into many digital tokens on a blockchain. A blockchain, in simple terms, is […]
Catenaa, Wednesday, November 20, 2024 – The UK government has announced a pilot program to issue Digital Gilt Instruments (DIGIT) leveraging distributed ledger technology (DLT). Chancellor of the Exchequer Rachel Reeves introduced the initiative during her Mansion House speech, calling it a step toward modernizing the country’s financial markets as part of the Financial Services […]