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The offering is accessible to individual accredited investors, regulated institutions, companies, funds and decentralized autonomous organizations, according to the firm’s press release. Third-party distributors can also integrate OpenTrade’s pool and power their own white-labeled yield offering. Source
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Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth
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The Korean company Mirae Asset Securities has closed a partnership with Polygon Labs, focusing on the growth of tokenized securities networks. Under the partnership, Polygon Labs will work as a Mirae Asset Security Token Working Group consultant.Both companies will put joint efforts into constructing the infrastructure for tokenized securities platforms.The partnership’s
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Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset tokenization and institutional DeFi, it announced Sept. 7.Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz are the coalition’s founding
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Several traditional finance giants, including Franklin Templeton and Hamilton Lane, a top-tier investment firm with over $823.9 billion in assets under management, have already initiated tokenization projects on Polygon. The Monetary Authority of Singapore's experimental tokenization initiative, Project Guardian, executed foreign exchange and sovereign bond transactions on Polygon last year. Source
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The experiment was built on Swift’s earlier successes in connecting Central Bank Digital Currencies (CBDCs) and digital assets with existing and emerging payment systems. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global financial messaging network, has unveiled the results of a groundbreaking experiment hindering the widespread adoption of tokenized
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The U.S. Treasury Yield (USTY) tokens represent blockchain-based versions of shares in a U.S. Treasury bond exchange-traded fund (ETF), and are accessible for professional investors on Tradeteq’s Yieldteq platform. Tokenization service provider Securitize onboards buyers, tracks share ownership and manages dividend payouts. Source
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However, the development unveils risks about the protocol’s strategy to double down on real-world asset (RWA) investments, including lending to non-crypto businesses. Last month, MakerDAO halted lending to Harbor Trade, another Centrifuge tokenized credit pool manager, after $2.1 million of loans soured without payment on time. Source
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"With technology valuations significantly down and VC investment drying up, there is now a new opportunity for companies with a strong balance sheet and a growing business, like Securitize, to accelerate the digitization of finance and our role in driving it," Domingo told CryptoX. Source
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