The growing tokenized funds sector could see its value reach $600 billion in the next six years, according to a whitepaper jointly released by Boston Consulting Group (BCG), Aptos Labs, and Invesco. Currently, the tokenized assets market, representing tangible resources such as real estate, art, and traditional securities on a blockchain, boasts more than $2…
October 29, 2024 at 04:45 PM GST updated: October 29, 2024 at 04:18 PM 4 mins read Press Release A rival ready to outperform Pepe Coin (PEPE), Rexas Finance (RXS) greatly stands out. At $0.06 at its fourth presale round, Rexas offers a convincing chance for investors wishing to profit from its spectacular development. Together…
Real-world asset (RWA) protocols now represent 3.69% of the total value locked (TVL) in decentralized finance (DeFi). According to the latest findings by on-chain analytic platform IntoTheBlock, this marks a notable increase from 1.77% in July. RWA Protocols Expand Presence in DeFi The consistent growth essentially highlights the surging integration of Real-World Assets (RWAs) within…
Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA). Ripple Custody now supports the tokenization of various assets, enabling businesses to manage cryptocurrencies, fiat currencies, and real-world…
On Sept. 30, Chainlink Labs announced that it was officially partnering with ANZ, a leading Australian bank with over $750 billion (more than a trillion AUD) in assets under management. The partnership is part of the Singaporean central bank’s (Monetary Authority of Singapore) Project Guardian. Chainlink will help enable the secure cross-chain exchange of tokenized…
On Sept. 11, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced that it was “paving the way towards real-world solutions that will enable our members to access and transact with regulated digital assets and currencies.” The organization has a vision of enabling its members to transact with both traditional and emerging crypto assets on…
In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using blockchain, the importance of regulatory compliance, and his optimistic vision for blockchain’s societal impact. Pioneering the Future: How Curio Invest Is Bringing Real-World…
September 13, 2024 at 04:55 AM GST updated: September 13, 2024 at 03:24 AM 2 mins read News Binance Labs invests in OpenEden, the creator of the largest tokenized T-Bill product outside the US. OpenEden’s TBILL tokens have surpassed $100 million in total value locked. McKinsey projects the tokenized real-world assets market could reach $4…
September 12, 2024 at 05:28 PM GST updated: September 12, 2024 at 02:54 PM 2 mins read News Huma Finance raised $38M to expand its PayFi network, enhancing global payment financing with blockchain technology. The Stellar Development Foundation contributed $10M, accelerating PayFi’s integration with Stellar and Solana for faster payments. Huma and Arf’s merger aims…
TL;DR Chainlink (LINK) leads in Real-World Assets (RWA) development activity, followed by Synthetix (SNX) and Centrifuge (CFG). Despite missing the list, Mantra (OM) saw a 1,700% increase this year, with some predicting it could soon lead the RWA category. No Change Among the Leaders Real-world assets (RWA) have gained traction in the past several months…