How does tokenization help transform illiquid real estate ownership into a liquid one?
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties. Go to Source Powered by WPeMatico
tokenization
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$491B asset manager KKR’s health care fund tokenized on Avalanche
To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a “liveness check.” Go to Source Powered by WPeMatico
Tokenization of illiquid assets to reach $16T by 2030 — Report
A large chunk of the world’s wealth today is locked in illiquid assets, notes the report’s authors. Go to Source Powered by WPeMatico
Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’
Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers, considering the cryptocurrency market will be “very … Read more
EU Parliament’s Rapporteur on MiCA Crypto Law Stefan Berger Sells Pair of Slides as NFT
“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested efforts in making sure Europe’s upcoming crypto legislation gets the backing of … Read more
How to create and launch a cryptocurrency token with TokenMint?
To create a token using TokenMint, no programming knowledge is necessary. The TokenMint platform’s alpha version provides the fundamentals for creating a fungible token. Go to Source Powered by WPeMatico
Japanese Bank SMBC to Foray Into NFT and Web3 Markets
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token business … Read more
Blockchain investments are disrupting the real estate industry: Report
An in-depth research report delves deep into the market for tokenization of real estate properties worldwide as it surpasses $20 billion in size. Go to Source Powered by WPeMatico
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins … Read more
South African Central Bank Governor: Regulators and Policymakers Must Be Involved in Shaping Potential Move to DLT Markets
The head of the South African central bank has insisted that regulators and policymakers should be involved in directing any potential move to markets that are based on distributed ledger technology (DLT). Pondering the Implications of Innovation The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has argued that central banks, regulators, and … Read more
