Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
The new USDS stablecoin from Maker, now Sky, has a freeze function which the project’s founder claims won’t be part of the token at launch. Go to Source
RWA
Auto Added by WPeMatico
Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks. Go to Source
Grayscale launches investment fund for AVAX token
It joins Grayscale’s suite of more than 20 crypto investment products. Go to Source
Tokenized RWAs are ’a $30 trillion opportunity’ — Polygon exec
High-net-worth individuals and private equity funds will drive adoption, said Colin Butler. Go to Source
Tokenized US Treasurys expected to surpass $3B by end of 2024
Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024. Go to Source
Major Sell-Off And Unexpected Surge: The $ONDO Rollercoaster
On August 5th, iCrypto witnessed a significant sell volume of $1.66 million for the RWA token, $ONDO. Notably, $1.59 million of this came from the wallet 0x3737, known as “ThisWillMakeYouLoveAgain.” This trader initially bought $ONDO in the ~$0.25 range and sold a portion as the price doubled. However, he reinvested at the peak, buying in … Read more
Real-world tokenization can drive homeownership — Quarter Homes CEO
Current 30-year fixed mortgage rates in the United States are close to 7%, as younger individuals struggle to purchase property. Go to Source
BlackRock’s tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024. Go to Source
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph. Go to Source
Institutional tokenization will propel Web 3 forward—Jason Dehni
The real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey & Company. Go to Source
