Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said. Source
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Tokenization
MAS publishes report on asset tokenization and DeFi
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Monetary Authority of Singapore (MAS) has recently disclosed a detailed report exploring the integration of asset tokenization and decentralized finance (DeFi) within global financial systems and standards. In a fresh development, Singapore’s monetary watchdog, the Monetary
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HSBC, Standard Chartered Set to Run Tokenization Trials for Singapore’s MAS
The initiative, Project Guardian, has enlisted 11 institutions to test asset tokenization across financial asset classes. Pilot studies across wealth management, fixed income and foreign exchange will be carried out by banking giants such as HSBC, Standard Chartered, DBS and Citi, according to the announcement. Source
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Forensic analysis can benefit from tokenization: World Token Summit panel
At the recent World Token Summit 2023 event held in Dubai, a panel discussed how the adoption of tokenization can be scaled further through various tools like address tracking and forensics analysis.At the event, Cryptox spoke with Jeremy Firster, the global head of partnerships at Cardano Foundation, Meng Chan Shu,
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Tokenization Might Be a $5T Opportunity: Bernstein
The benefits of tokenization are simple, the process brings operational efficiencies and improved liquidity and accessibility, Bernstein said in a research report on Tuesday. Tokenization is the process by which real-world assets are converted into blockchain-based tokens. Bernstein estimates that the size of the tokenization opportunity could be as much
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Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein
About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said. Source
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INX and Republic Partner to Develop Blockchain Infrastructure for Improving Crypto Access and Expanding Tokenization
INX and Republic will integrate TradFi and DeFi into both their ecosystems to create increased tokenization access and global market trading. Financial services firm Republic has partnered with broker-dealer INX to develop a blockchain service for primary and secondary markets. The collaboration between both companies is part of an investment deal
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U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement. Source
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Real-world asset protocols outperform DeFi blue chips due to tokenization wave
Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols.DeFi
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Taurus deploys on Polygon blockchain for asset tokenization and custody
Digital asset infrastructure provider Taurus is stepping up its tokenization efforts in Europe through a full integration with the Polygon blockchain, the company announced on June 2. The move comes three months after Taurus raised $65 million in a funding round, and will allow its clients to automatically issue digital securities.
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