Tag: Tokenized

BNY forecasts stablecoins and tokenized cash to reach $3.6T by 2030

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Key Takeaways BNY predicts the stablecoin and tokenized cash market will grow to $3.6 trillion by 2030. The trend highlights accelerating institutional adoption of digital asset and blockchain payment solutions. Share this article BNY forecasts the combined market for stablecoins and tokenized cash will reach $3.6 trillion by 2030, highlighting accelerating institutional adoption of blockchain-based payment solutions. The global bank’s report emphasizes that blockchains will integrate with traditional financial rails rather than replacing them, supporting broader institutional adoption of digital assets. BNY collaborated with Goldman Sachs to launch a solution…

Turbo Energy to Pilot Tokenized Financing for Renewable Energy on Stellar

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Turbo Energy (Nasdaq: TURB) is launching a pilot project to tokenize financing for hybrid renewable energy systems, starting with an on-site solar and battery installation at a supermarket in Spain. The initiative aims to demonstrate how blockchain-based debt instruments can fund distributed energy projects. The project is being developed in collaboration with digital asset infrastructure firm Taurus and the Stellar Development Foundation. According to an announcement, the pilot will test how tokenized financing can support liquidity and improve capital access to renewable energy funding. Energy-as-a-Service is a model that allows…

ASIC Boss Says Australia Must Embrace Tokenized Markets

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Australia’s capital markets risk being outpaced by other countries unless it embraces new technology such as tokenization, says the country’s head market regulator. “As other countries adapt and innovate, there’s a real risk Australia could become the ‘land of missed opportunity’ or be passive recipients of developments overseas,” Australian Securities and Investments Commission Chair Joe Longo told the National Press Club on Wednesday. “The choice is innovate or stagnate — to evolve or become extinct.” ASIC Chair Joe Longo delivering a keynote address at the National Press Club in Canberra…

WisdomTree adopts Chainlink DataLink for tokenized fund pricing on Ethereum

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Key Takeaways WisdomTree has integrated Chainlink to provide onchain Net Asset Value (NAV) data for its Private Credit and Alternative Income Digital Fund (CRDT). The move aims to enhance transparency by recording verified NAV data directly on blockchain networks. Share this article WisdomTree, an asset management firm, has tapped Chainlink, a blockchain oracle network, to provide onchain Net Asset Value data for its CRDT fund, a tokenized private credit and alternative income digital fund. The integration enables verified NAV data to be recorded directly on Ethereum, enhancing transparency and enabling…

Tokenized Treasuries cross $8.6B as banks and exchanges push collateral use

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From yield to collateral: The $8.6 billion turning point Tokenized U.S. Treasuries, the largest class of real-world assets (RWA) after stablecoins, have entered a new phase. Tokenized money-market funds (MMFs), which pool cash into short-term U.S. government securities, are shifting from passive yield to collateral for trading, credit and repo transactions.  As of late October, the total market cap of tokenized Treasuries reached $8.6 billion, up from $7.4 billion in mid-September. The increase was led by BlackRock’s BUIDL, which reached about $2.85 billion, followed by Circle’s USYC at $866 million…

Tokenized Bank Deposits Are Inferior to Stablecoins: Professor

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Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School. Overcollateralized stablecoin issuers, who must maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, are safer from a liability perspective than the fractional reserve banks that would issue tokenized bank deposits, Malekan said.  Stablecoins are also composable, meaning they can be transferred across the crypto ecosystem and used in…

$2T Tokenized RWAs by 2028, Matching Stablecoins

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Tokenized real-world assets (RWAs) may reach a cumulative value of $2 trillion in the next three years as more global capital and payments migrate onto more efficient blockchain rails, according to investment bank Standard Chartered. The bank said in a Thursday report shared with Cointelegraph that the “trustless” structure of decentralized finance (DeFi) is poised to challenge the dominance of traditional financial (TradFi) systems controlled by centralized entities. DeFi’s growing use in payments and investments may bolster non-stablecoin tokenized RWAs to a $2 trillion market capitalization by 2028, the investment…

BNB Chain Users Gain Access to Tokenized US Stocks

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Real-world asset tokenization platform Ondo Global Markets has expanded its tokenized product offerings to BNB Chain, enabling access to more than 100 Wall Street stocks and exchange-traded funds to BNB Chain’s user base. “The integration provides BNB Chain — with its 3.4 million daily active users and expansive DeFi ecosystem — access to over 100 tokenized US stocks and ETFs, supported by leading ecosystem projects such as PancakeSwap,” Ondo said in a statement on Wednesday. PancakeSwap is BNB Chain’s largest decentralized exchange and will be the primary platform for trading…

Securitize, BNY to launch $100M tokenized AAA credit fund

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Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain. The fund is being developed in partnership with global investment bank BNY Mellon. According to Wednesday’s announcement, BNY will safeguard the fund’s underlying assets, while a subsidiary of the bank will manage the fund’s portfolio. With global collateralized loan obligation issuance topping $1.3 trillion, Securitize and BNY aim to bring AAA-rated floating-rate credit onchain, the company said. Pending governance approval within the Sky Ecosystem, Grove, an institutional-grade credit…

CZ Calls Peter Schiff’s Tokenized Gold a ‘Trust-Me-Bro’ Asset

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Binance co-founder and former CEO Changpeng “CZ” Zhao dismissed crypto critic Peter Schiff’s plan to launch a tokenized gold product, calling it a “trust me bro” asset. In a Thursday post on X, CZ said tokenized gold is not onchain gold, but a promise dependent on third-party custody. “It’s tokenizing that you trust some third party will give you gold at some later date… even after their management changes, maybe decades later, during a war,” he wrote. CZ’s comments came after Schiff, a long-time Bitcoin (BTC) critic and gold advocate,…