Standard Chartered’s crypto custodian Zodia to raise $50M
Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise. Go to Source
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Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise. Go to Source
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report. Go to Source
The U.S. Treasury’s report shows tokenized assets could drive significant demand for Treasuries, especially during crypto downturns. As Digital Assets Grow, Treasury Demand Finds Strength in Tokenized Safe Havens The U.S. Treasury Department released its Q4 2024 Treasury Borrowing Advisory Committee (TBAC) Quarterly Report on Wednesday, examining how digital assets, including bitcoin and tokenization, are … Read more
Libeara and FundBridge Capital bring US Treasury investments onchain with the Ultra Fund, boosting blockchain finance. Go to Source
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years. Go to Source
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating. Go to Source
Blade Labs, a Qatari tech company, has launched a platform for tokenizing Murabaha contracts, a type of Islamic finance. This innovation allows for broader access to Sharia-compliant financing, both for financial and non-financial institutions. Tokenized Sharia-Compliant Contracts Blade Labs, the Qatar-based tech company focused on blockchain and Web3, recently unveiled a platform for tokenized Islamic … Read more
The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation before the IMF and the World Bank, the bank’s president stated that the intersection between these had been underestimated. Central Bank of Brazil Considers Tokenization Potential ‘Underestimated’ In a recent panel presentation … Read more
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country’s boron markets by utilizing tokenization and establishing a national exchange for boron transactions. Tether Pitches Boron Tokenization Proposal in Turkey Tether, one of the largest cryptocurrency … Read more
Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals. Go to Source