News list for "Asset tokenization"
The Hong Kong Financial Services Development Council released a concept report entitled "Hong Kong capital markets leading the way: super contacts - global capital hub in the digital age", which proposes a set of strategic framework, various measures follow a clear timeline planning, provide a pragmatic and executable implementation path, and expand tokenized assets in an orderly manner, including: the medium-term direction in 2-5 years will develop tokenized physical assets and other tools, 5-1...
India's financial regulator is actively pursuing the integration of distributed ledger technology (DLT), or blockchain technology, with a focus on asset tokenization, digital programmability, and market efficiency. The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are leading this incremental approach, emphasizing the use of permissioned blockchain systems in regulated environments.
BlackRock CEO Larry Fink and chief operating officer Rob Goldstein said that tokenization is becoming a transformative force in global markets, with a potential impact comparable to the rise of the early internet. In their article for The Economist, the two executives argue that recording asset ownership on digital ledgers could modernize the financial system by increasing efficiency, transparency, and access. They argue that tokenization is currently in a similar situation.
On November 1st, Bank Negara Malaysia (BNM) announced a three-year roadmap to pilot asset tokenization projects within the financial system. The plan will launch a number of proof-of-concepts (POCs) and actual pilot projects through the Digital Asset Innovation Hub (DAIH) established earlier this year. Route...
On October 13, according to the disclosure of Hong Kong-listed company Delin Holdings Group Co., Ltd., the company plans to tokenize about 40 million US dollars (equivalent to about HK $312 million) of real estate assets in its ONE Carmel Class B membership interests into real world assets (RWA), aiming to provide special dividend distribution to shareholders. The tokenization project involves the ONE Carmel residential project located in the United States, which Delin Holdings believes has sign...
Reserve Bank of India official: The risk of asset tokenization is manageable and can be dealt with through regulatory guardrails.
World Liberty Financial (WLFI), a crypto venture capital firm backed by members of the Trump family, unveiled its latest plans at the TOKEN2049 conference. Zach Witkoff, CEO of the firm, said that WLFI is actively working on tokenizing real-world assets (RWA) such as oil, gas, real estate, and plans to expand its dollar stablecoin USD1 to more blockchain networks.
Citi Securities Services released its latest white paper, based on a survey of 537 market participants. Respondents expect about 10% of trading volume to be tokenized by 2030, and custodians are seen as a key force driving tokenization. The survey noted that 63% of institutions expect to use multiple blockchains simultaneously by 2030, and believe custodians can achieve cross-chain connectivity. However, this preference may change in the future. Citi's annual survey shows that the market's perce...
The Stellar Development Foundation (SDF) has announced an investment in Archax, a UK-based digital asset platform, as they collaborate to promote the tokenization of real-world assets (RWA). Archax has integrated the Stellar blockchain into its tokenization tool and launched a tokenized Aberdeen Money Market Fund on the network. The SDF did not disclose the specific amount of investment.
SharpLink Gaming co-CEO Joseph Chalom said in an interview that the market size of asset tokenization will reach $100 trillion, and Ethereum will power it. According to Chalom, Ethereum is a neutral, always available, and trusted ecosystem, and the future of asset tokenization will be programmable and decentralized. Therefore, the rapid development of the market for asset tokenization will reinvigorate and drive the growth of Ethereum.
