Tag: Tokenized

Invesco to take leadership of Superstate’s $900 million USTB tokenized fund

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Invesco, a global asset manager with over $2.2 trillion in assets under management, will assume portfolio management of Superstate’s tokenized U.S. Treasury fund, USTB, the company announced Tuesday. USTB offers exposure to short-term U.S. Treasury Bills, targeting stable income, liquidity, and returns near the federal funds rate. Since its launch in early 2024, the fund has grown to approximately $967 million in assets. As part of the collaboration, USTB will continue to use Superstate’s blockchain-based infrastructure, while Invesco’s Global Liquidity team, which manages approximately $219 billion across money market and…

NYSE partners with BlackRock-backed Securitize to develop tokenized securities infrastructure

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The New York Stock Exchange (NYSE) is teaming up with Securitize, a BlackRock-backed tokenization platform, to support the development of a 24/7 tokenized securities platform, according to a press release published Tuesday. As part of a new Memorandum of Understanding, Securitize will act as the first eligible digital transfer agent for NYSE’s upcoming Digital Trading Platform. The company will be in charge of issuing shares and ETFs as digital tokens using blockchain technology. The two companies will design standards for other transfer agents to issue and manage tokenized securities compliantly.…

ECB Says Stablecoins and Tokenized Deposits Need Central Bank Money

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Tokenized deposits and stablecoins need tokenized central bank money as a public settlement anchor if Europe’s tokenized financial markets are to scale, Piero Cipollone, a member of the European Central Bank’s Executive Board, said on Monday. Cipollone pointed to Pontes, the Eurosystem’s distributed ledger technology (DLT) settlement initiative, which is designed to connect market DLT platforms with the Eurosystem’s TARGET Services and provide settlement in central bank money. “Without tokenised central bank money, a seller of a tokenised security may receive payment in an asset they are not comfortable holding…

Glider, Ondo Launch Custom Tokenized Stock Portfolios Without Brokers

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Glider and Ondo Finance have introduced a platform to let retail investors build and automate custom portfolios of tokenized US stocks, offering direct exposure to equities without a brokerage account. According to the announcement, the platform allows users to create personalized baskets of onchain stocks that track real-world assets, removing the need for wallets, gas fees or manual transaction management. Glider co-founder and CEO Brian Huang told Cointelegraph that unlike traditional exchange-traded funds, which bundle assets into fixed products, the platform lets users construct index-like portfolios with custom weightings that…

Tokenized Deposits Gain Ground as Banks Move Money Onchain

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Banks are exploring tokenized deposits as they test ways to move commercial bank money onto blockchain-based payment and settlement infrastructure, according to a new report from real-world asset data platform RWA.io The report, which was authored by RWA.io with contributions from industry participants including UK Finance, Citi, BNY, JPMorgan’s Kinexys, Standard Chartered, ABN Amro and Digital Asset, argues that tokenized deposits are emerging alongside stablecoins and central bank digital currencies as part of a broader onchain cash stack. Tokenized deposits are digital representations of traditional bank deposits on blockchain or…

Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi

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Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month by the regulator’s Crypto Task Force. Fidelity said it is “critical” for the SEC to develop a comprehensive regulatory framework and clear rules of the road for tokenized securities trading, including rules for trading tokenized securities…

Bybit Launches Yield Product For Tokenized Gold (XAUT)

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Cryptocurrency exchange Bybit has launched a yield-bearing tokenized gold product that lets users earn interest on Tether Gold (XAUT), the latest entrant into a broader push to turn traditionally non-yielding assets into income-generating instruments. The product is designed to convert tokenized gold — typically a passive store of value — into a yield-bearing asset using XAUT, the largest tokenized gold product, the company announced Thursday. It allows holders to earn passive income while maintaining exposure to gold prices. The market cap of Tether Gold reached nearly $3 billion earlier this…

€2.3 trillion asset manager Amundi launches tokenized fund on Ethereum and Stellar

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Amundi, Europe’s largest asset manager with more than €2.3 trillion in client funds, has launched the Spiko Amundi Overnight Swap Fund, SAFO, a tokenized fund aimed at treasury and collateral management for corporates and financial institutions. The product is structured as a sub-fund of SPIKO SICAV under French law and is designed as a cash equivalent instrument with around-the-clock transferability, launching with $100 million in committed AUM. SAFO uses fully collateralized total return swaps with top-tier banks to deliver yields above risk-free benchmarks while keeping overnight liquidity. The fund is…

Apex and Polygon Launch ERC-3643 Chain for Tokenized Assets

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Apex Group’s Tokeny and Polygon Labs are launching T-REX Ledger, a compliance-focused blockchain designed to help regulated tokenized assets move across networks without repeating investor checks and transfer restrictions. In a Thursday release shared with Cointelegraph, the project said it targets a key friction point in tokenized markets. ERC-3643 is an Ethereum-based token standard for permissioned tokens representing real-world assets that can support compliant issuance of RWAs, but identity checks, eligibility rules and transfer restrictions often remain fragmented when the same asset is distributed across multiple blockchains. T-REX Ledger is…

SEC approves tokenized securities to trade alongside traditional stocks

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The US Securities and Exchange Commission has approved a Nasdaq rule change that enables the trading of securities in tokenized form, marking a major step in integrating blockchain-based assets into traditional market infrastructure. The approval allows eligible securities, including stocks from the Russell 1000 and ETFs tracking major indices such as the S&P 500, to be represented and traded as tokenized assets on Nasdaq. These tokenized versions will trade on the same order book as traditional shares, with identical execution priority, pricing, and market data treatment. Under the framework, tokenized…