BITPRISMIA
DL Holdings Blockchain plans to raise $83.2 million to expand into the digital asset space, causing an 8% share drop due to short-term dilution concerns, but positioning the firm for long-term growth in blockchain initiatives.
The U.S. SEC is considering an 'innovation exception' to foster crypto tokenization, potentially positioning the U.S. as a global leader in digital assets.
Westpac and Australia’s Reserve Bank (RBA) have partnered with Chainlink to launch a blockchain-based tokenized asset settlement project, potentially saving AU$12 billion annually.
The article discusses the growing momentum in the Real-World Asset (RWA) tokenization market, highlighting its breakout and potential as a key driver in the crypto sector.
Tokenization of assets, including stocks, is gaining traction, with significant market potential, but regulatory perspectives vary within the SEC.
The Dubai Financial Services Authority has approved the QCD Money Market Fund, a tokenized fund backed by Qatar National Bank and DMZ Finance, aimed at integrating traditional financial instruments with blockchain technology.
Ondo Finance and Pantera Capital are investing $250 million in tokenized traditional financial instruments through a new fund, targeting startups in the RWA (Real World Assets) space, as tokenized securities gain institutional traction.
Ondo Finance's ONDO token price has rebounded from a yearly low, showing bullish signals, while the company forms a Global Markets Alliance to expand its tokenized securities platform.