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The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.Speaking to Cointelegraph, Dan Chesterman, the ASX’s CIO and group executive of technology and data said while there are hurdles for it to directly list
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The enhanced version incorporates lessons learned in the four years since Tokensoft debuted ERC-1404, said Noah Thorp, CEO of Upside, a token issuance firm. Prime can handle automated lock-ups and dividend distributions, two features the original could not. Source
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“What powers the global economy today is regulated money in the banks,” Dhamodharan said in an interview with CryptoX. “So we’re starting with making tokenized bank deposits, so the unit of money in a bank account is a digital asset on the blockchain, bringing the same level of programmability to
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"Chia can facilitate the integration of different carbon markets, making it easier for participants to trade credits across borders and platforms," said Mark Lyra, senior director at SCOA, said. "This can increase the liquidity and overall value of the carbon market, including the creation of new carbon asset classes." Source
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A Vienna-based car-sharing service company has outfitted nearly half of its 200+ fleet of cars with blockchain-based self-sovereign IDs for tokenization purposes.On June 27, the car-sharing service Eloop and the Peaq Network — a Web3 ecosystem for the economy of things — announced that 100 Teslas had been tokenized via
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As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to unlocking the full benefits of the technology is open and interoperable digital asset networks, the MAS said in its Project Guardian
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A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi) protocol Arcade. The transaction was the first on-chain loan backed by a FTX claim, according to the bankruptcy claims platform Found.The claim worth $31,307 was tokenized and its ownership represented
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The Bank for International Settlements (BIS) has released a chapter of its annual report early. That chapter, on the future of the monetary system, discussed “a new type of financial market infrastructure – a unified ledger.” The chapter was published June 20, one day after the International Monetary Fund (IMF)
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“I think the actual choice of technology will really have to be decided for that particular use case,” Shin said at a Monday press briefing on the report. “It could be decentralized, like in a permissioned blockchain, but it doesn't have to be. It could be a centralized system as
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“This collaboration unlocks unprecedented access to a trillion-dollar market, offering users transparency and trust,” said Qin En, principal at Saison Capital, a venture capital firm that invested in both Finblox and OpenEden. “Beyond portfolio diversification, it offers the potential for more reliable and safer yields.” Original Source
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