2024-10-11 17:51 |
Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails. origin »
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Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report.
With over $10 trillion under its management, asset management firm BlackRock has led a $47 million investment in Securitize, a prominent player in the tokenization space. BlackRock’s Investment Boosts In The Tokenization Space As announced on Wednesday, notable participants in the funding round include investment firm Hamilton Lane, financial technology company Tradeweb Markets, and asset […]
The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.
The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.
The Hong Kong regulator announced the creation of a sandbox for wholesale central bank digital currency.