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Franklin Templeton's Tokenized Money Market Fund Expands to Arbitrum
8.8.2024
The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon
Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources
24.7.2024
Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B
9.7.2024
According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone...
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
Institutional DeFi players will bring commercial real estate onchain: KPMG exec
19.6.2024
DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
10.6.2024
The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets
DigiFT Unveils USD Money Market Token for on-chain investment!
8.4.2024
DigiFT, the breakthrough on-chain Real World Asset (RWA) exchange authorized by the Monetary Authority of Singapore (MAS), announces the publication of the DR2 RWA token, the latest-generation product. The Digital Assets Financial Trust Company (DAFTR) is launching a new token, the DigiFT USD Money...
Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
22.2.2024
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total....
Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval
14.12.2023
Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward...
India’s Central Bank RBI Launches CBDC Pilot in Call Money Market
14.10.2023
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale...
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...
UBS' Tokenized Money Market Fund Goes Live on Ethereum Blockchain
2.10.2023
Leading Swiss asset management bank UBS has announced the debut of its first live pilot of a tokenized Variable Capital Company (VCC) fund on the Ethereum blockchain in Singapore.
In the published press release, the company stated that the money market fund is part of a wider VCC umbrella built...
Today in Crypto: UBS Launches Tokenized Money Market Fund Pilot on Ethereum, $8BN was a 'Rounding Error' to SBF
2.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: UBS Launches Tokenized Money Market Fund Pilot on Ethereum, $8BN was a 'Rounding Error' to SBF
Swiss bank UBS launches tokenized money market fund on Ethereum
2.10.2023
The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
26.9.2023
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings
Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments
12.8.2023
Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and government money market fund services, with bitcoin...
Former Bitmex CEO Arthur Hayes Predicts Bitcoin Bull Market as US Economy Worsens
5.6.2023
Arthur Hayes, the former CEO of Bitmex, predicted the coming of a bitcoin bull market in the last two quarters of 2023. In his latest article, Hayes states that for investors, patience is vital, as he explains that the U.S. Federal Reserve will be unable to control inflation as the U.S. debt will...
A $1.4T Financial Giant Expands Its Money Market Fund on Polygon
26.4.2023
Franklin Templeton claims that the fund will be the first U.S. registered mutual fund run on blockchain technology
Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
26.4.2023
Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market
US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
9.4.2023
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla...