Coinbase Developer Platform’s Post

As Amor Sexton from Blockdaemon wrote in this article, tokenization is reshaping finance, with major banks like ABN Amro and Goldman Sachs leading the way. Despite the crypto market dip, the Boston Consulting Group forecasts a $16.1 trillion valuation for tokenized illiquid assets by 2030. In a nutshell, organizations migrate real-world assets onto blockchains, enabling secure 24/7 trading with real-time data. Here are the key benefits: 🏎 Fast and Efficient Settlement: Instant settlement enabled on the blockchain eliminates delays caused by manual processes and counterparty risks. Such is exemplified by Siemens' €60 million bond on Polygon. 🤖 Automated Processes: Tokenization automates asset servicing and transactional functions, reducing reconciliation overhead and errors, as seen in Hong Kong's $100 million tokenized green bonds. 🍀 Fractionalized Ownership: Tokenization simplifies ownership allocation and management, democratizing access to traditionally exclusive markets like real estate, infrastructure, and venture capital, evidenced by the $1 billion market cap for tokenized gold. 📈 Real-Time Data: Blockchain provides auditable transaction data, reducing reliance on large transaction systems. BNY Mellon's survey reveals 97% of institutional investors see tokenization as a game-changer. With backing from giants like BlackRock and State Street, the financial world is moving on-chain! Interested in learning more about blockchain’s real-world adoption from both a technical infrastructure and strategic perspective? Follow me on LinkedIn and X (formerly Twitter - @ceciliasubmari1) and comment on the post below. I am always up for a good discussion!

KuCoin CEO Exclusive Interview: Reveals the Truth About Token Listings, Stablecoins, and Navigating the Regulatory Maze

📈 Interview: Bitget’s Gracy Chen on 2024 Crypto Market Trends and Potential Supercycle In an exclusive conversation with Gracy Chen, the Managing Director of Bitget, we explore the highs and lows of the crypto industry this year and more. #CryptoNews

This was the most in-depth interview I’ve given on Onyx, tokenization and how we think about the future. Thanks Blockworks for the opportunity to share these insights with the broader industry. Read the full interview here: https://lnkd.in/eME8Da3m

#AssetsonBlockchain Really informative to hear Tyrone Lobban delineate the nuances of regulatory aspects of tokenised assets, several use cases (deposit tokens, blockchain based bank accounts, tokenised intra-day repos, tokenised collateral, tokenised alternative investments), intersection of Public and Permissioned Blockchains, North Star of Digital identity and Onyx Digital Assets ✨💫 #tokenisation #digitalassets

Take a deep breath: every day 🔥 $2 billion dollars 🔥 of tokenized Treasurys and tokenized cash are being settled on JPMorgan's Onyx Digital Assets (ODA) platform. That means JPMorgan owns the largest RWA tokenization platform in the world by daily volume. Yes, you heard right... check out the entire interview with Tyrone Lobban, MD at Onyx 

As part of my book, I researched J.P. Morgan work in Digital Assets and had the pleasure of speaking with Tyrone Lobban about the Onyx work. Yet, reading his interview with Blockworks I found additional insights into his strategic thinking on tokenization and blockchain. I highly recommend reading the interview to gain valuable insights into how teams like Onyx are shaping the future of our industry. 👇 #tokenization #blockchain #Web3inFS

Interesting interview with Tyrone Lobban (JPMorgan - Onyx) for those of you out there interested in use cases of blockchain and tokenization in finance 👇🏼👌🏼

🏛️💰 Maker: A Comprehensive Overview 💰🏛️ 1. Inception and Purpose: 🚀 Origins of Maker: MakerDAO, the organization behind Maker, was founded in 2014 by Rune Christensen. MakerDAO's primary goal is to create a decentralized stablecoin ecosystem on the Ethereum blockchain. Maker's flagship stablecoin, Dai, is designed to maintain a stable value pegged to the US dollar through a system of collateralization and decentralized governance. 💡 Decentralized Stablecoin: Maker's mission is to provide a decentralized alternative to traditional stablecoins by creating a stable and reliable cryptocurrency backed by collateral and governed by a decentralized community. Dai's stability is maintained through smart contract mechanisms that adjust the supply based on market demand and collateralization ratios. 2. Technology and Features: 🔗 Collateralized Debt Positions (CDPs): Maker operates on the principle of Collateralized Debt Positions (CDPs), where users lock up collateral assets, such as Ether (ETH), to generate Dai stablecoins. These collateralized assets are held in smart contracts, and users can generate Dai up to a certain percentage of the value of their collateral, known as the collateralization ratio. ⚙️ Dai Stability Mechanisms: Maker utilizes several stability mechanisms, including the Dai Savings Rate (DSR) and the Stability Fee, to maintain Dai's peg to the US dollar. The DSR incentivizes users to lock up Dai in savings contracts by earning interest, while the Stability Fee adjusts based on market conditions to encourage or discourage Dai generation. 3. Adoption and Ecosystem: ⚡ Growing DeFi Ecosystem: Maker has become a cornerstone of the decentralized finance (DeFi) ecosystem, with Dai serving as a key stablecoin for lending, borrowing, trading, and other financial activities on Ethereum and other blockchain platforms. Its robust and decentralized infrastructure has attracted a diverse range of users and applications. 🌐 Integration with DeFi Protocols: Maker's Dai stablecoin is integrated with various DeFi protocols and platforms, including decentralized exchanges (DEXs), lending platforms, liquidity pools, and payment networks. Its stability and liquidity make it a preferred choice for users and developers seeking to access and utilize decentralized financial services. Category: Governance Date of launch:2014 Founder: Rune Christensen Link to the CoinMarketCap:https://lnkd.in/ebxZnV4q Link to the Website:https://lnkd.in/e_ReNdp4 🏛️💰 #Maker #Dai #DeFi @MakerDAO @ethena_labs @summerfinance_

Introducing Alvin X., Core Contributor at Maverick Protocol, as our speaker. Alvin will bring a refreshing perspective on the technical workings of DEXs, exploring how they function & contribute to a strong onchain ecosystem. 📌 Gain a deeper understanding of DEX-powered economies: https://lnkd.in/gkRnzz-g