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Nalezeno "tokenization": 796

UK FCA's Blueprint for Fund Tokenization Nearing Completion


The Financial Conduct Authority (FCA), the regulatory body overseeing the financial sector in the UK, is close to completing of a blueprint for fund tokenization. In a recent speech, FCA Chair Ashley Alder revealed that the FCA has been collaborating with the Technology Working Group to develop...

Tokenization on Polygon: A real hype


Tokenization is when a digital representation of an asset is minted on the blockchain. Polygon Labs, for one, leads the industry with benefits like 24/7 liquidity, reduced costs, and new distribution channels. However, there is often a question about tokenization losing its charm in the traditional...

Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network


Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...

Bank of Korea and BIS Prepare Wholesale CBDC Pilot


The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transactions and issue CBDC-backed digital currencies...

Franklin Templeton CEO Calls Tokenization 'Securitization on Steroids'


Tokenization is causing a significant shift in the traditional securitization process, according to Jenny Johnson, the CEO of asset management giant Franklin Templeton. According to Johnson, tokenization can be described as "securitization done on steroids," given its potential for transforming...

Israel Land Authority Examines Real Estate Tokenization Applications


The Israel Land Authority has called for blockchain experts to determine the different applications of distributed ledger technology in real estate. Implementing this technology could ostensibly present several advantages compared to traditional real estate transactions, which are qualified...

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