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Kinto secured $1.5 million in a pre-seed investment earlier this year from Kyber Capital Crypto, according to a press release on Tuesday. It received another $3.5 million recently in a round led by Kyber Capital Crypto, Spartan Group and Parafi. SkyBridge Capital, Kraynos, Soft Holdings, Deep Ventures, Modular, Tane and
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According to real-world asset (RWA) monitoring platform RWA.xyz, the tokenized Treasury market surged to $698 million as of Monday from around $100 million at the start of the year. The expansion was spurred by new entrants into the space as well as from existing platform growth, Charlie You, co-founder of
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Memecoin Floki Inu saw considerable gains within a week ahead of a real-world asset (RWA) platform release built by the project’s developers and a new native asset dubbed TOKEN. Users will be able to create cryptocurrencies without technical know-how through Floki’s TokenFi website, according to the team. The platform designed for
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"These capabilities will allow DTCC to partner with the industry to build a resilient and scalable infrastructure critical to the mass adoption of digital assets," Chakar added. "Together, we will unlock opportunities to reimagine compliance, liquidity, efficiency and interoperability in trading real-world assets on the blockchain.” Original Source
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The tokenization of real-world assets is gaining momentum in the crypto sphere, with Chainlink’s LINK highlighted as a potential key player in this emerging landscape. The world of cryptocurrency is no longer limited to abstract digital assets; the tokenization of real-world assets (RWAs) such as private equity, credit, and bonds is
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Zimmerman explained that Chainlink positioned itself as a key piece of infrastructure to connect blockchains with the outside world via its system of oracles and wide range of partnerships. “It will certainly not be the biggest gainer, but few projects are better positioned to benefit from the narrative,” he added. Source
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Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CryptoX. Source
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The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company. Source
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The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider. Source
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Edging towards the public Ethereum mainnet has always been a delicate business, given that banks have traditionally viewed public blockchains as more or less radioactive, both a reputational and compliance risk. JPMorgan’s head of Onyx Digital Assets, Tyrone Lobban, noted that the public Ethereum chain has evolved significantly over time,
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