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Former British Chancellor’s crypto firm Copper launches tokenized securities platform

London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors’ demand.The service is expected to be first rolled out in Abu Dhabi, United

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JPMorgan Chase and Apollo Executives Unveil Plans for Tokenized Enterprise Mainnet

JPMorgan’s managing director Tyrone Lobban noted that the new system has processed over $900 billion in assets since launch. Top executives from US-based financial services companies JPMorgan Chase and Apollo Global Management have revealed their plans for the tokenized enterprise mainnet, developed in collaboration with the Monetary Authority of Singapore (MAS). The

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British investment funds get go-ahead to launch blockchain-based tokenized assets

With the latest move, the U.K. hopes to bolster liquidity in its asset management market. British investment managers have received an approval to develop tokenized funds with the help of blockchain technology as the country seeks to benefit from the global digitization trend. As reported by Reuters, investment managers in the U.K.

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Deutsche-backed Taurus targets tokenized real estate market with Dubai office

The digital asset infrastructure provider plans to establish a presence in the United Arab Emirates (UAE) and the region’s housing sector as tokenization gains global steam. Taurus, a Swiss-based crypto company, announced a new office in the UAE geared towards tapping a growing narrative around tokenized real-world assets (RWAs) and an

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Philippines to sell $179M in tokenized treasury bonds for the first time

The Philippines Bureau of the Treasury announced it would offer 10 billion pesos ($179 million) of one-year tokenized treasury bonds for the first time after canceling the traditional auction scheduled for Nov. 20.The Bureau of the Treasury will offer the tokenized bonds to institutional buyers at minimum denominations of 10

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New York MoMA now has tokenized artworks in its permanent collection

Generative art is proving Web3’s creative anchor in the traditional art world. Last month, New York’s Museum of Modern Art (MoMA) made headlines by acquiring Refik Anadol’s “Unsupervised — Machine Hallucinations” (2022) alongside an edition from last year’s “3FACE” project by Ian Cheng. These two mark the first-ever artificial intelligence

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