Tokenization

Sologenic co-creator Bob Ras discussed the nuances of tokenization and its impact on global markets, particularly in emerging economies. Tokenization is offering unprecedented opportunities for liquidity and inclusivity, he told Benzinga in an interview. Ras views regulatory changes as beneficial...

Taking a major step toward a new digital financial era, the Philippines will launch tokenized treasury bonds in the next week with a one-year maturity. What Happened: The Philippines National Government through the Bureau of Treasury plans to launch the country’s first-ever offering of...

Walt Disney Co (NYSE: DIS) launched its NFT marketplace, Disney Pinnacle, for tokenizing its iconic animation characters from the past century, as well as characters from its Pixar and Star Wars franchises. A collaboration with Dapper Labs, the NFTs will be uniquely styled as...

Blockchain-based wholesale payments firm Fnality raised $95.09 million in its second round of funding. What Happened: The funding is backed by Goldman Sachs Group Inc. (NYSE: GS) and BNP Paribas (OTCMKTS: BNPQY), Reuters reported. It also saw participation from settlement houses DTCC and...

HSBC Holdings (NASDAQ: HSBC) looks to launch an institutional-grade custody service for tokenized securities. What Happened: HSBC will soon offer a custody service for its digital assets like tokenized securities to its institutional clients, according to The Block. It will associate with Metaco, a...

State Street managing director Jay Biancamano oversees tokenization and blockchain products at the firm. For six years, Biancamano has been creating pathways toward the world of cryptocurrencies, digital assets, blockchain, and distributed ledger technology. Witness Biancamano and other experts...

Global payments company Mastercard (NYSE: MA) derived a solution wherein central bank digital currency (CBDC) will be allowed to be tokenized on different blockchains. This will expand the available payment options for consumers. Find out more about digital assets like CBDCs. Meet and engage...

Ethereum (CRYPTO: ETH) blockchain’s native cryptocurrency, Ether, is estimated to reach $8,000 by 2026-end, Standard Chartered Bank (SCB) research stated. The bank’s long-term structural valuation for Ether ranged between $26,000 to $35,000, as it had estimated back in September...

Crypto custody company Fireblocks on Friday announced its acquisition of BlockFold, a smart contract development and consulting firm, in a deal valued at $10 million that seeks to amplify the former's' capabilities in the realm of tokenization. As the digital transformation of financial...

Gold has been a valued investment vehicle for thousands of years, and now there are more options than ever for adding it to your portfolio. One of the newest ways to invest in gold is gold-backed tokens on cryptocurrency networks.  So what are the pros and cons of investing in a gold-backed...

Tokenization, a technique through which real-world assets are transformed into blockchain-based tokens, could unlock a mammoth market potential of around $5 trillion within the next half-decade, according to a new report by Bernstein. The report, released on Tuesday, emphasized that this explosive...

Blockchain firm SIMBA Chain has received a $30 million investment from the U.S. Air Force under its Strategic Technology Reachback and Analysis program (STRATFI). The investment will fund the development and deployment of blockchain applications in supply chain management, with a focus on...

Asset management company BlackRock Inc.'s (NYSE: BLK) CEO Larry Fink asserted that FTX's collapse was caused by the creation of its own centralized (CRYPTO: FTT) token, which went against the "whole foundation of what crypto is." The $8 billion investment firm...

By Mattias Tengblad, CEO and founder of Corite, a blockchain-based crowdfunding platform  Investors seek dependability as the NFT market remains volatile. These use cases show how to design an NFT that offers more than just a quick return. The recent market collapse has affected all aspects of...

What Happened: A vast majority of those surveyed in Deloitte’s annual global blockchain survey believe that cryptocurrencies will play a major role in the future of finance. “In a seismic shift, financial leaders increasingly see digital assets as the future,” stated Deloitte. Of...