Source: Cryptonews Tokenized financial assets are poised to achieve a market size of approximately $2 trillion by 2030, according to analysts at consulting firm McKinsey & Company. In a recent report, the analysts noted that while the adoption of tokenization has had a slow start, they anticipate significant growth in the coming years. They even… Continue reading Tokenized Assets To Reach $2 Trillion Market Size By 2030, McKinsey Predicts
Source: CoinDesk Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said. Tether, the company behind the $110 billion stablecoin (USDT), debuted Monday a new token minting platform called Alloy on the Ethereum network that lets users create tokens collateralized by… Continue reading Tether Debuts New ‘Synthetic’ Dollar Backed By Tokenized Gold In Tokenization Push
Source: Cryptonews Traditional banks may still dominate the financial industry in terms of assets held, but credit unions are becoming an increasingly popular option for Americans who qualify. Recent data shows that there are roughly 4,600 credit unions in the United States. A September 2023 report from The National Credit Union Administration (NCUA) further notes… Continue reading U.S. Credit Unions Adopt Tokenization of Real World Assets
Source: PR Newswire AX Xeco Limited (XECO), a New Energy Vehicles (NEV) solution provider based in Hong Kong, and CSpro (Hong Kong) Limited (CS-PRO), a corporation licensed by the Securities and Futures Commission to carry out Type 1 regulated activities (dealing in securities) and the first primary issuance and distribution platform in Hong Kong specializing… Continue reading XECO and CS-PRO Announce the First Green Security Token Offering (G-STO) for New Energy Vehicles Charging Network in Hong Kong
Source: CSpro LinkedIn We are pleased to announce the successful conclusion of the “Real-World Assets (RWA) Tokenization Insights” event, hosted by Taisu Ventures and EMURGO, held on April 13, 2024, in Tokyo! Attendees had the opportunity to engage in an exclusive discussion on asset tokenization and the future of finance. The event took place at… Continue reading Real-World Assets (RWA) Tokenization Insights On April 13, 2024 In Tokyo
Source: CSpro LinkedIn We had a dynamic “Panel Discussion: STO on Different Perspectives” hosted by HashKey Group as part of the Hong Kong Web3 Festival 2024 on April 9, 2024. Esteemed speakers included SAMSON (SAM) LEE (Founder & CEO of Coinstreet & CSpro.io), Kennix Chan (ED of Victory Securities 勝利證券), Andrew Loong (Principal Consultant, Cascade… Continue reading Hong Kong Web3 Festival 2024 – Panel Discussion: STO On Different Perspectives On 9 April 2024
Source: Coinstreet LinkedIn We are thrilled to share the highlights of our participation at the recent TEAMZ Web3/AI Summit in Toranomon Hills Forum at Tokyo on 13-14 April 2024! Our Founder & CEO of Coinstreet and CSpro.io, SAMSON (SAM) LEE had an incredible time exchanging valuable insights and discussing #STO, also the latest trends in… Continue reading TEAMZ Web3/AI Summit On 13-14 April 2024: CSpro Exhibition Booth & Firechat Panel “Founders’ Highlights: Future Trends In Blockchain Development” In Tokyo
Source: The Edge Singapore Singapore-based digital assets exchange SDAX has partnered with Oman’s Muscat Precious Metals Refining Company to launch a tokenised gold product on its platform. The MPMT Gold Token allows investors to acquire gold tokens in a securitised form, issued by an independent trust and backed by physical gold bullion held in vaults… Continue reading SDAX launches first-of-its-kind securitised gold tokens
Source: Bitcoin News Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed by “real” assets. HSBC’s CEO Discusses Tokenization Plans Hong… Continue reading HSBC to Expand Tokenized Asset Offerings – CEO Says He’s ‘Very Comfortable’ With Tokenization
Source: Cointelegraph The proof-of-concept projects seek to create a centralized platform for cross-border CBDC payments and tokenized money transfers. The Bank for International Settlements (BIS) has teamed up with the central banks of France, Japan, South Korea, Mexico, Switzerland, the United Kingdom and the United States Federal Reserve Banks to explore asset tokenization within the… Continue reading BIS and 7 central banks to explore asset tokenization through Project Agora
