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Private Credit Tokenization Hits $650 Million Monthly, Setting A New Benchmark
Friday, December 6, 2024 - 10:57am | 619The private credit market is witnessing a transformation as blockchain technology enables tokenization at an unprecedented pace. Provenance Blockchain Labs, led by CEO Anthony Moro, is driving this shift by facilitating the tokenization of home equity lines of credit (HELOCs). According to Moro,...
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NexBridge Brings Bitcoin Tech To US Treasury Bills: Tokenized Exposure, Anyone?
Tuesday, November 19, 2024 - 12:55pm | 435NexBridge unveiled USTBL on Wednesday, which it said is the first regulated public offering of tokenized U.S. Treasury exposure, leveraging Bitcoin's Liquid Network and Blockstream's AMP technology. This launch, announced in El Salvador, sets a new precedent for blending blockchain innovation with...
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A New Era? How Tokenization Could 'Reduce Frictions And Potentially Costs' In Finance
Friday, November 15, 2024 - 11:54am | 542Interest in blockchain technology from large institutions like BlackRock and PayPal continues to grow, setting the stage for what may be a transformative shift in finance. In a recent interview ahead of the Benzinga Future of Digital Assets event, Sandra Ro, CEO of the Global Blockchain Business...
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Anthony Scaramucci Discloses Holding 'A Lot Of' Solana, Backs The 'Ethereum Killer' Network To Lead Tokenization Revolution
Monday, September 23, 2024 - 12:31am | 629Anthony Scaramucci, CEO of investment firm SkyBridge Capital and a vocal cryptocurrency advocate, predicted a significant role for Solana (CRYPTO: SOL) in the impending layer-1 blockchain revolution, while also revealing his substantial exposure to the fifth-largest cryptocurrency. What...
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BlackRock's BUIDL Tokenization Fund Hits $500M In Assets Under Management
Friday, July 19, 2024 - 12:05pm | 583BlackRock’s(NYSE:BLK) tokenized fund BUIDL (BlackRock USD Institutional Digital Liquidity Fund) has ammassed more than $500 million in assets under management (AUM) in three months, according to a new report. What Happened: The research report by Digift shows that as of July 9, 2024, the fund...
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Goldman Sachs To Launch Three Tokenization Projects By Year-End: 'It'll Change The Nature Of How Clients Can Invest'
Wednesday, July 10, 2024 - 2:36pm | 568Ahead of the year's end, Goldman Sachs (NYSE:GS) plans to roll out three new tokenization projects, expanding its crypto offerings. What Happened: According to Fortune on Wednesday, these initiatives will include tokenizing real-world assets like money market funds and real estate holdings on...
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Bitcoin Bull Mike Novogratz's Galaxy Digital Tokenizes $9M Antique Stradivarius Violin Into NFT For Loan Collateral
Thursday, June 6, 2024 - 4:42am | 362Cryptocurrency investment firm Galaxy Digital announced the tokenization of a nearly 300-year-old vintage violin once owned by Russian royalty. The instrument will be used as collateral to back a loan. What Happened: The firm owned by crypto billionaire and Bitcoin (CRYPTO: BTC) bull Michael...
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With Deepfake Avatars And Tokens, AI Transforms Weed, Fintech And Real Estate Markets, CEO Explains How
Wednesday, May 8, 2024 - 11:54am | 1140Darius Bruner, CEO of 8blockchainfund, manages a turnkey special purpose vehicle (SPV) fund that uses AI technology to streamline business capital formation. In a detailed discussion, Bruner describes his journey from managing a $500 million cannabis fund to developing innovative web-based avatars...
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RippleX Senior VP Predicts Tokenized Asset Market Valuation Of $16 Trillion
Thursday, April 18, 2024 - 3:37pm | 486RippleX (CRYPTO: XRP) Senior Vice President, Markus Infanger, predicts that the tokenized asset market could surge to an impressive $16 trillion as traditional finance firms are increasingly adopting blockchain technology. What Happened: Traditional finance firms are swiftly embracing the idea of...
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BlackRock's Tokenized Fund Gets USDC Cash-Out Option Via Circle Integration
Thursday, April 11, 2024 - 12:17pm | 573Investors in BlackRock’s history-making tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), now have a way to quickly and easily convert their holdings into (CRYPTO: USDC) stablecoin, thanks to a new collaboration between BlackRock (NYSE:BLK) and Circle Inc. What...
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Ethereum: A Deflationary Store of Value with Dividend Payouts?
Thursday, April 11, 2024 - 8:31am | 626Nick Shalek of Ribbit Capital, a venture capital firm, detailed a bullish case for Ethereum (CRYPTO: ETH), arguing it could become a dominant force in the future of finance. What Happened: Speaking at a Sohn Conference Foundation event, his focus was on Ethereum’s potential as a platform for...
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Tokenized US Treasury Notes Market Value Exceeds $1B: Report
Thursday, March 28, 2024 - 8:25am | 608In a significant development, the market for tokenized U.S. Treasury debt has seen a surge, with the value of Treasury notes tokenized on public blockchains reportedly surpassing $1 billion for the first time. What Happened: The market value of U.S. Treasury notes tokenized on public blockchains...
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BlackRock Files For Mystery-Sized Tokenized Asset Fund After CEO Larry Fink's Thumbs Up
Wednesday, March 20, 2024 - 3:12am | 587Financial behemoth BlackRock Inc (NYSE:BLK) has submitted a filing with the Securities and Exchange Commission, outlining plans to create a new fund centered on tokenized assets. The firm has kept the total size of the fund under wraps. What Happened: Stationed in the British Virgin Islands and...
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Tokenization Is Reshaping Real Estate Investment - Right Now
Friday, February 2, 2024 - 2:16pm | 748Real estate has always been a key differentiator between the wealthy and low-income groups. According to Realtor Magazine, homeowners are 40x richer in comparison to renters. Historically, it has been difficult for those of lower socioeconomic status to acquire real estate and hang onto it during...
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Solana Launches Token Extensions: 'Time To Become A SOL Bull Again,' Investor Says
Thursday, January 25, 2024 - 2:29pm | 661Solana (CRYPTO: SOL) introduced token extensions, empowering developers to implement customization around the Solana token standard. While Solana has outperformed Bitcoin in the past two months, analysts maintain a bullish outlook on the token. What Happened: Solana Labs announced the launch of...