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These examples and others, including tokenized gold, demonstrate how digital asset networks are used as the underlying digital infrastructure for distributing financial services. When viewed through this lens, we can consider what other value-add services could be delivered via digital asset infrastructure, instead of measuring the successes of these networks by the price of their […]
“We are proud that HSBC Gold Token, powered by HSBC Orion, is the first retail product in Hong Kong that is based on distributed ledger technology, as authorized by the Securities and Futures Commission,” said HSBC Hong Kong head of wealth and personal banking Maggie Ng in a statement. Source link
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets. Source link
Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December. Source link
The U.K.-based project saw its stablecoin, USDR, falter in a liquidity crisis last year. Tangible is now setting its sights on two forms of redemption: first, a literal redemption of assets for holders of the sub-dollar stablecoin, and second, metaphorical redemption of the project itself through a pivot to becoming a platform for other RWAs […]
In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain. Source link
“I would argue traditional finance’s message for the future that trillions of dollars will be tokenized is completely disconnected from firms that are innovating with RWAs,” Quensel said in an interview. “TradFi’s understanding of a token as a database record doesn’t make any sense to DeFi. A token is not a database record; it’s code […]
“A partnership forged in the spirit of redefining digital finance, Ondo Finance’s native integration onto Aptos is a step forward for accessible and seamless financial services,” said Bashar Lazaar, head of grants and ecosystem at Aptos Foundation. Source link
Decentralized autonomous organizations (DAOs), digital entities which transcend geographical borders and are governed by code in place of legal contracts, are uniquely familiar with many of this challenges, given the large pools of assets they have amassed in their treasuries, which are typically managed on-chain. Source link
Granted, there is regulation to consider and technology to develop, but the collective opportunity to move beyond Bitcoin ETFs and tokenized RWAs is immense. In a future where all assets are built, managed, and distributed on-chain, investors, asset managers, and even regulators will benefit from the transparency, efficiency, and disintermediation that results. Lower costs, global […]