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Tokenization of RWAs Gets Boost with DTCC Deal to Buy Blockchain Startup Securrency
20.10.2023
Securrency provides institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner
Tether Will Publish Reserve Data in Real Time in 2024: Report
20.10.2023
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry's largest dollar-pegged stablecoin, according to a Bloomberg report
Crypto for Advisors: What Will Trigger Crypto Mass Adoption?
19.10.2023
Andy Baehr, head of CoinDesk Indices discusses scenarios that could be the drivers of mass adoption in crypto
Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin
19.10.2023
Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs
Tokenized Real-World Asset Market to Hit $10 Trillion By 2030, 21.co Projects – Can RWAs Power Ethereum (ETH) to Multi-Trillion Market Cap?
18.10.2023
The market capitalization of tokenized real-world assets (RWAs) could balloon to as much as $10 trillion by the end of the decade in a bullish scenario, argued digital asset management company 21.co in a recently released report.
Even in a bearish scenario, the market cap of tokenized RWAs will...
Tokenized RWAs Could Grow to a $10T Market by 2030 as Crypto Converges to TradFi: Report
17.10.2023
The market for tokenized real-world assets could grow to $10 billion by 2030 as crypto is maturing and increasingly integrates with existing financial plumbing, crypto asset management firm 21.co said in a report
Evergrande’s Economic Tremors Trigger Bank Run in Northern China
17.10.2023
Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Cangzhou, allegedly loaned billions to the struggling company. This...
FTX Engineer Reveals $8B Bug, Lavish Spending, and Political Donations in Explosive Testimony Against Bankman-Fried
17.10.2023
Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points Finger at $8 Billion Bug and Bankman-Fried’s...
Token adoption grows as real-world assets move on-chain
16.10.2023
From real estate and digital art to government bonds, tokenizing real-world assets is no longer a thing of the future
Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
15.10.2023
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital currencies (CBDCs) are the real money of the near...
Moscow Exchange Plans to Issue Real Estate Digital Assets by 2024
14.10.2023
The Moscow Exchange, the largest exchange in Russia, has announced plans to issue real estate digital assets in 2024. According to Sergei Kharinov, director of digital assets for the platform, this will lower the entry barrier for qualified and unqualified investors to put part of their portfolio...
How GTA Online’s Halloween Update Made A GTA V Urban Legend Real
13.10.2023
Grand Theft Auto Online’s latest update unleashes ghosts across the world of Los Santos, letting players track down and photograph them for rewards. And one of these ghosts might look kinda familiar if you’ve played GTA IV’s Lost and the Damned DLC…Read more
Bitwise states that smart Ethereum investors value real-world applications with cash flow, and Bitcoin Minetrix has both – Over $1.2M raised!
13.10.2023
The largest crypto index fund manager in America, Bitwise Asset Management, recently stated that Ethereum investors value real-world applications with cash flow. Following the launch of two of its ETFs on the CME exchange, the fund manager stated that the portfolio opportunity with Ethereum...
USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’
12.10.2023
A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn
Tokenization on Polygon: A real hype
12.10.2023
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...
Real-world use cases for spending and accepting Tether stablecoin
12.10.2023
Tether is a popular stablecoin in online retailers, e-commerce, gaming, trading, and more, as it offers a secure and reliable channel for transferring funds across various platforms. Using Tether eliminates the need for manual currency conversion and greatly reduces transaction fees. The rising...
USDR stablecoin depegs to $0.53, but team vows to provide solutions
12.10.2023
Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions
Chainlink’s LINK Is ‘Safest Bet’ to Profit From RWA Tokenization Trend: K33 Research
11.10.2023
Chainlink has positioned itself as a key piece of infrastructure to connect blockchains with the outside world and should profit from crypto’s real-world asset narrative
Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
11.10.2023
On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin
Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain
11.10.2023
Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CoinDesk