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infineo Mints The World’s First Tokenized Life Insurance Policy On Provenance Blockchain

In collaboration with Provenance Blockchain Labs, this milestone highlights the use case for digitization to improve transparency, efficiency, and affordability for policyholders, carriers, and investors

First-Ever Tokenized Life Insurance Policies Minted by Infineo on Provenance Blockchain - Crypto EconomyInfineo has achieved a milestone by transferring the first-ever tokenized life insurance policy on the Provenance Blockchain.

RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance BlockchainThis was the first example of transferring tokenized versions of life insurance policies, the company said.

Bitcoin sees $621 million outflow as investors react to Fed's cautious stanceIndustry sees largest crypto outflows in three months as US Fed Reserve's FOMC meeting spurs market shifting sentiment.

CBDCs Are Instruments Of Control—And They’re HereCBDCs are not simply theoretical, as Rep. Casten (D-IL) recently stated. They're in multiple countries already, and they're the perfect tool for an autocratic government.

Bitcoin Suisse Issues Tokenized Bond on Polygon - The DefiantBitcoin Suisse has launched a tokenized on Polygon in the latest example of web3's booming real-world asset sector.

Paxos International launches yield-bearing stablecoin Lift Dollar (USDL)Paxos International has launched Lift dollar (USDL), a yield-bearing stablecoin. Argentina is its first market.

Figure Technology Solutions Announces Figure Connect | FigureFigure Technology Solutions Announces Figure Connect to Drive Efficiency and Transparency Across Capital Markets

What Crypto Investors Should Know As Tokenization Comes For All AssetsTokenization is coming for all assets, and investors need to take note

App for the Tokenization of Real-world AssetsThe newest version of the Asset Workx mobile app aims to revolutionise the tokenization and management of both digital and physical assets for individual owners.NFT Workx releases the newest version of its Asset Workx mobile app for the management and tokenization of both digital and physical assets. With this platform, users can tokenize their real-world possessions, transforming them into unique digital assets on the blockchain.

U.S. Credit Unions Adopt Tokenization of Real World AssetsCredit Unions in the U.S. are starting to use blockchain and tokenization to automate business processes, but regulatory challenges remain.

Nexera Leads the Way in Tokenization Interoperability with Chainlink CCIP Integration | Bitcoinist.comWithin the rapidly evolving realm of blockchain and crypto tech, the concept of interoperability has emerged as a critical challenge, one that has stifled the

Plume Network, a RWA Layer-2, Raises $10M in Seed Funding from Haun Ventures, Galaxy Ventures, and OthersSan Francisco, CA, USA, May 23rd, 2024, Chainwire – Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone. Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10M […]

SEC Chair Gensler opposes today's FIT21 vote yet White House calls no 'veto'US SEC's Gary Gensler has criticized the FIT21 Act, predicts the legislation would introduce regulatory gaps in crypto.

Chainlink Labs and Arta TechFin to Conquer $16 Trillion Tokenization Market in Strategic Partnership - Can it Propel LINK Price to $20?Chainlink Labs has expanded its partnership with Arta TechFin to include the issuance of stablecoins and real estate tokens.

PwC accelerator selects 11 tokenization, digital assets startups - Ledger Insights - blockchain for enterpriseThe PwC Scale accelerator has selected 11 startups in the digital asset and tokenization space. It will introduce them to large corporates

MUFG explores stablecoin payment for tokenized carbon credits with KlimaDAO - Ledger Insights - blockchain for enterpriseKlimaDAO Japan is partnering with the JPYC stablecoin and MUFG / Progmat to explore using stablecoins to settle tokenized carbon credits

GreenX Aims to Kickstart Tokenization of Carbon Credit in Cambodia

JPM Coin to be used for settlement on Broadridge's DLT repo platform - Ledger Insights - blockchain for enterpriseJP Morgan's JPM Coin will be used to settle DLT intraday repo transactions on the Broadridge Distributed Ledger Repo (DLR) platform

Mastercard executes first tokenized deposit transactions with StanChart subsidiaries - Ledger Insights - blockchain for enterpriseMastercard executed its first live test of the Mastercard Multi-Token Network with Standard Chartered Hong Kong, involving tokenized deposits

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency – News Bytes Bitcoin NewsThe World Bank has announced that it will issue its first CHF digital bond on June 11, which will be its largest CHF issuance since 2009.

It’s ‘clear’ the US government is going after Tether — Ripple CEOThe U.S. government is “going after Tether,” according to Ripple CEO Brad Garlinghouse, which plans to launch a stablecoin in 2024.

Microsoft, OpenAI Plan $100-Billion Supercomputer Fueled by Nuclear Energy & How Investors Can Profit - The Markets WatchTech giants like Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) are becoming major investors in nuclear power plants to ensure reliable and clean energy for their data centres. The need for energy sources near cities has boosted nuclear power demand and increased uranium prices significantly over the past year. While Silicon Valley invests heavily in AI data centres, tech giants will have to face a bottleneck in energy supply. Data centres require vast amounts of electricity, water for cooling, and a highly skilled workforce which prefers to live in and around established cities. To expand, tech companies are investing in

DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon ParticipatingThe aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization.

US Senate passes measure withdrawing SEC accounting bulletinThe Senate voted to pass a measure to overturn a SEC bulletin that establishes certain accounting standards for firms that custody crypto.

JP Morgan to open up Onyx Digital Assets to third party applications - Ledger Insights - blockchain for enterpriseJP Morgan plans to open up Onyx Digital Assets to third party applications enabling others to tokenize assets on its blockchain

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus MutualThe company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

The future of tokenization? Permissioned blockchainsOpinion: Despite BlackRock’s fund on Ethereum, the future of tokenization is really with permissioned blockchains.

crypto.com/research/rwa-tokenisation-april-2024

What are tokenized commodities?Tokenized commodities allow fractional ownership and trading of assets such as precious metals, energy resources and real estate.

Will Real-World Assets (RWAs) Continue to Expand Use Cases? | CoinCodexExplore the booming Real-World Assets (RWAs) in crypto, now a $7.13 billion market. Learn how RWAs like gold, real estate, and even music rights are transforming through tokenization, offering liquidity and global market access via blockchain technology. Discover the future of investing with decentralized, transparent RWAs.

Ethereum-Based Altcoin Leads Real-World Assets Sector in Development Activity, According to Santiment - The Daily HodlBlockchain analytics platform Santiment says one Ethereum (ETH)-based altcoin project is leading in the real-world asset (RWA) sector based on development activity.

Ledn sees growth in centralized lending, processes $690 million in crypto loans in Q1Ledn's crypto loan growth was spurred on by demand from former Celsuis clients and the launch of U.S. spot bitcoin ETFs, the firm said.

Tokyo Metropolitan Government subsidizes security token issuanceDigital securities issued utilizing blockchain technology have features such as enabling issuance in small lots compared to conventional…

Paid Program: What's Strong, Fast, Agile and Open?The Falcon AI large language model from Abu Dhabi’s Technology Innovation Institute is a success.

Quincy US municipal bond issued on JP Morgan's Onyx blockchain - Ledger Insights - blockchain for enterpriseThis week JP Morgan's Onyx helped the City of Quincy issue a $10 million tax-exempt municipal bond using its permissioned blockchain

Anchorage, Arca Labs link up in bid to advance tokenization adoptionAnchorage Digital is now custodying shares of a tokenized Treasury fund via a new partnership with Arca Labs.

The future of tokenization? Permissioned blockchainsOpinion: Despite BlackRock’s fund on Ethereum, the future of tokenization is really with permissioned blockchains.

Securitize announces $47 Million Strategic Funding Round led by BlackRock/PRNewswire/ -- Securitize, the leader in tokenizing real-world assets, today announced the successful completion of a $47 million funding round led by...

BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton'sBlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.

Tokenized Asset Issuer Backed Raises $9.5M as Crypto's RWA Race Heats UpThe fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

DigiShares and InvestBay Team Up to Tokenize and Democratize Real Estate Investing - FinovateTokenization platform for real estate DigiShares has partnered with real estate investing platform InvestBay.

Securitize Announces $47 Million Strategic Funding Round Led by BlackRockThe investment coincides with BlackRock’s selection of Securitize as the transfer agent of its first tokenized fund on a public blockchain.

Anchorage, Arca Labs link up in bid to advance tokenization adoptionAnchorage Digital is now custodying shares of a tokenized Treasury fund via a new partnership with Arca Labs.

ELYSIA and DWF Labs Partner to Accelerate Innovation in Global Asset TokenizationELYSIA x DWF Labs Strategic Partnerships ELYSIA and DWF Labs Forge Partnership to Propel Real-World Asset (RWA) Tokenization into the Digital Future, Catalyzing Next-Generation Digital Innovation SEOUL, SOUTH KOREA, May 1, 2024 /EINPresswire.com/ -- ELYSIA, a leader in the tokenization of real-world assets (RWA), announced on the 30th its strategic partnership with DWF Labs via a post on its official X page. This partnership marks a significant collaboration with one of the largest Web3 ...

Avalanche Integrates with Stripe for Crypto Onramping | Avalanche BlogStripe now supports Avalanche, enabling easier access to the Avalanche ecosystem.

Block lets Square merchants convert a part of their daily sales to bitcoinBlock, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily sales to bitcoin. The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers' daily sales to their personal Cash App account. Merchants will receive a confirmation of the conversion when the transaction is complete.

Jiritsu Blockchain, Powered by ZK MPC, Uses Avalanche to Verify Real World Assets On-ChainThe new Jiritsu L1 launches with Everready Group, verifying over $20M in inventory daily and 100,000+ SKUs...

BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founderRWAs could be a “multitrillion-dollar opportunity” — Kinto co-founder Victor Sanchez explains why.

Hong Kong spot crypto ETFs debut tomorrow: 6 things to knowAs Hong Kong is set to launch spot Bitcoin and Ether ETFs tomorrow, it’s time to recap key things about the upcoming event.

5 rules for token launchesReady to launch a token? Start with these five rules.

Australia’s largest stock exchange could list approved spot bitcoin ETFs by end of 2024: BloombergASX, Australia’s largest stock exchange with a market cap of $2.7 trillion, is looking to approve a batch of ETFs from VanEck and others.

2024 Q1 Crypto Industry ReportBitcoin finally hit a new all-time high of $73,098, with spot BTC ETFs being approved in the US. How has that impacted the rest of crypto?

Sixth most expensive CryptoPunk sells for $12.41 million at 4,000 ETHThe sale is the sixth-most expensive CryptoPunk sale of all time and the third-most expensive one to happen in 2024.

After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin | TechCrunchThe company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon

Franklin Templeton enables peer-to-peer transfers for its on-chain US Government Money FundRepresented by the BENJI token on Polygon and Stellar, Franklin Templeton's fund leads the tokenized U.S. Treasuries niche.

Polychain Capital leads $38 million round for Movement Labs to bring Facebook's Move to EthereumMovement Labs will use the funding to bring Facebook's Move Virtual Machine to Ethereum ahead of a potential mainnet launch this year.

BlackRock Denies Tokenization Partnership with Hedera Hashgraph, HBAR Drops by 35%Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.

Crypto Lobbyists Sue SEC Over 'Dealer' DefinitionThe SEC adopted a broadened "dealer" definition that might capture crypto traders, the Blockchain Association and Crypto Freedom Alliance of Texas alleged.

Hong Kong officials recommend city’s crypto industry self-regulateThe Hong Kong Securities and Futures Professionals Association proposes that the city’s crypto firms self-regulate and jointly approve any license issuances to its peers.

UN passes first global AI resolutionThe UN General Assembly has adopted a landmark resolution on AI, aiming to promote the safe and ethical development of AI technologies worldwide.

RSRV Platform Open to Investors On May 1stThe platform, powered by tZERO Securities, will allow accredited investors to purchase equity in its first property The St. Regis Aspen Resort, obtain exclusive benefits, and redeem shares for room nights at a fixed rate ASPEN, CO / ACCESSWIRE / April 22, 2024 / RSRV, a hotel ownership platform, launched in collaboration with Elevated Returns, tZERO, and Science Inc., today announced its first hotel property offering, The St. Regis Aspen Resort, will be live on its marketplace ...

Backed Chooses Fordefi To Power Programmatic Tokenization-as-a-Service PlatformFordefi is excited to announce that Backed, a tokenized asset issuer, has chosen Fordefi as their MPC wallet to support ongoing tokenization-as-a-service operations.

Tokenization’s next phase requires real-world data integration — Chainlink Chainlink Labs executive Ryan Lovell said that the next phase of tokenization requires infrastructure that allows composability and programmability across systems.

Tokeny Strengthens Multi-Chain Capabilities with Telos IntegrationTokeny, a prominent figure in the tokenization industry, has announced its latest strategic integration with Telos, a move aimed at bolstering its multi-chain capabilities. This collaboration underscores Tokeny's commitment to providing seamless and secure solutions for issuing, managing, and distributing tokenized securities across multiple blockchain networks.

Peter Thiel's Founders Fund takes a stake in crypto accelerator AlliancePeter Thiel's venture capital firm Founders Fund has made a "strategic long-term investment" in crypto accelerator Alliance.

Hong Kong spot bitcoin and ether ETFs to start trading April 30Newly approved spot crypto ETFs, six total, will begin trading at the end of this month and mainland Chinese investors are excluded.

Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail InvestorsThe Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade.

Picasso For All: Democratizing Blue-Chip InvestmentsBy transforming RWAs to on-chain tokens, tokenization enhances mobility, transparency, and access, making every asset available in a borderless, always-on crypto market.

BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum NetworkThe asset management giant also made a strategic investment in asset tokenization company Securitize.

Breaking: Hedera and Archax Enable First Tokenized BlackRock MMF SharesBlackRock MMF tokenized on Hedera by Archax, enhancing liquidity and investment opportunities via blockchain technology.

Bitcoin's issuance rate drops below gold's after recent halving: GlassnodeBitcoin's fourth halving event has resulted in BTC decisively surpassing Gold in terms of issuance scarcity, Glassnode analysts said.

80% of AI decision makers are worried about data privacy and security - AI NewsBusiness leaders admit a lack of governance framework; only 10% feel prepared for regulatory compliance.

Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC InvestmentCFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

Grayscale’s planned GBTC sibling is a page from BlackRock’s playbookGrayscale’s strategy may not work as well as BlackRock’s similar actions in other ETF segments, Morningstar executive argues.

infineo - Parsing George Selgin’s Debate on Credit Intermediationby Dr. Robert P. Murphy

From: infineo.ai

Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate BondsThe company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.

Largest UK banks join Regulated Liability Network trials as R3, Quant tech selected - Ledger Insights - blockchain for enterpriseThe UK Regulated Liability Network has entered an experimental phase. All the largest British Banks are involved using tech from R3 and Quant

Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions returnVenezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country, three people familiar with the plan said.

RFK Jr. wants to put the entire US budget on a blockchainKendey’s plan would allow for more transparency and accountability, allowing taxpayers to see where their tax dollars are spent.

New York Stock Exchange tests views on round-the-clock tradingPoll comes as US regulators review Steve Cohen-backed proposal for a 24/7 exchange

Dylan LeClair: Bitcoin Bull Market Dip or Cycle Regime Shift?Bitcoin fell below $60,000 amid fears of global conflict. Analyst Dylan LeClair unpacks whether this represents a true shift in momentum, or simply a bull market correction as bitcoin moves higher.

Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble IntegrationIntroducing Ondo Finance's offerings to Cosmos "will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments," Ondo's founder Nathan Allman said.

Circle debuts way to trade BlackRock tokenized fund shares for USDCHolders of BlackRock’s first tokenized fund, BUIDL, will now be able to redeem shares for Circle's stablecoin.

US senators introduce new stablecoin billSenators Kirsten Gillibrand and Cynthia Lummis introduced a 179-page draft of legislation on payment stablecoins to Congress.

Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton HotelThe token will be issued on the Liquid Network, a bitcoin sidechain.

Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC InvestmentCFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

BIS and 7 central banks to explore asset tokenization through Project AgoraSeven major central banks have signed on to BIS’ novel initiative.

Where BlackRock Goes, Liquidity FlowsBlackRock and Securitize’s new digital assets fund is a game-changer for tokenization and the wider regulated market, says Peter Gaffney, head of research at Security Token Advisors.

Homium Secures $10M Series A Round to Tokenise Home Equity Loans on Avalanche - NFTgatorsThe fundraising was led by Sorenson Impact Group and Avalanche’s Blizzard Fund.

Abra Launches Abra Prime and Abra Private: Integrated Digital Assets Solutions for Institutional and Private ClientsNEW YORK, April 17, 2024--Abra, a global platform for digital asset prime services and wealth management, today announced the launch of its integrated offering for institutions, Abra Prime, and private clients, Abra Private, following approval from the SEC for its subsidiary, Abra Capital Management LP (ACM), to operate as a registered investment advisor (RIA). As an SEC-registered investment advisor, ACM will offer bespoke crypto investment solutions through a separately managed accounts model

Securitize integrates Fireblocks to improve its security in the tokenization of real-world assetsLearn how Fireblocks ensures secure token issuance and management of real-world assets on public blockchains.

Figure rolls out DART processing platform to private, wholesale lending partners - HousingWireThe first partner to sign onto the new initiative is Synergy One Lending, according to Figure.

Major British Banks Testing Tokenized DepositsBritish baking giants of the likes of Barclays have taken part in a trial that centered around testing tokenized deposits, according to a recent report by Bloomberg. The trial, which started this February, also involved Mastercard and Visa, the world’s biggest credit card networks. It will take a w…

Circle enables USDC transfers for BlackRock’s first tokenized fundStablecoin issuer Circle has enabled transfers of BlackRock USD Institutional Digital Liquidity Fund shares to USDC.

Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody'sThere aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.

Tokenization in Financial ServicesThe basics of tokenization are relatively simple. It’s challenges, though, are quite complex.

Uniswap vows to contest SEC's legal threatUniswap Labs fights back after SEC's Wells notice, with founder Hayden Adams stressing the legality of their DeFi services.

infineo - Economic Outlook for the USby Dr. Robert P. Murphy

‘Everything will be tokenized’ — Mantra Chain CEOHashing It Out welcomes Mantra Chain CEO John Mullin to take a dive into the tokenization of real-world assets.

Taisu Ventures Announces Investment and Strategic Advisory Role in CSpro to Drive Innovation and Adoption for Tokenization of Real World Assets (RWA) through Security Token Offering (STO)/PRNewswire/ -- Taisu Ventures, a leading Web3 venture capital firm dedicated to driving innovation in the blockchain space, is pleased to announce an...

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