Richmond Dugger’s Post

Our CEO Luc Falempin shares insights on BlackRock's BUIDL fund and its impact on #tokenization and the future of money market funds (#MMFs). 🔸 BlackRock's move is driving institutional adoption of tokenization on #publicblockchains. 🔸 Attracted $245 million in assets under management (#AuM) in the first week showing the robust appetite from the buy side. 🔸 BUIDL's 24/7 availability and instant settlement capability attracted investors from Web3 like Ondo Finance to provide a better experience to its investors. 🔸 Players in the web3 space are starting to create solutions to support tokenized funds. E.g., Circle enables BUIDL holders to swap shares for USDC. 👉 What's next? Broader #distribution of tokenized MMFs across diverse trading platforms and #DeFi protocols. Read more in the document and subscribe to the newsletter here: https://lnkd.in/dVjxhF74

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Chainlink, Fidelity Inte­rnational, and Sygnum have united to introduce on-chain Ne­t Asset Value (NAV) data for a substantial $6.9 billion money marke­t fund. https://lnkd.in/d-NY8h7C #Chainlink #netassetvalue

✨ Tokenization opens up new possibilities for accessing secure #digital trading services. 💫 With Metex Exchange, you have the opportunity to acquire tokenized #preciousmetals in fractional form! Start trading now 👉 metex.io #Exchange #tokens #trading

#Bitget is now integrated with #CryptoStruct 🤝 #CryptoStruct provides a cutting-edge, low-latency trading solution, with a user-friendly strategy development kit and trading runtime. Empowering trading firms to devise and implement their unique trading strategies within an event-driven framework. This enables clients to expand their trading strategies across various exchanges seamlessly, focusing on crafting profitable trading strategies. To learn more about us, please visit www.cryptostruct.com and follow us on LinkedIn. #algotrading #Trading #HFT #cryptotrading

🌟 Just IN: SynFutures launches rewards program for Blast-based V3 liquidity providers and traders, distributing rewards in 50/50 ratio, with a snapshot on April 9 for Oyster Odyssey points conversion to non-transferable tokens; records 9,400% surge in cumulative trading volume to $7 billion post-V3 launch 🚀💰 #Bitcoinworld

🌐 DEX Aggregator Odyssey: Navigating Optimal Trades! 🚢💹 DEX Aggregators unite liquidity from various decentralized exchanges, offering optimal trading rates and minimizing slippage. Ever set sail with a DEX aggregator? Share your trading adventures! 🚀🌊 #DEXAggregatorQuest #OptimalTrades #CryptoSailing

Exploring TOKENIZATION in fundraising involves leveraging SEC regulations, utilizing smart contracts, and mastering Solidity to revolutionize how we raise funds, ensuring compliance and efficiency in the digital age. Security Token Offering (STO) – a more regulated fundraising mechanism that provides investors with tokens representing a stake in an underlying asset or venture. These are digital representations of traditional securities, binding token holders to equity, dividends, voting rights, or even real estate ownership.

The future of finance is tokenized everything. We're making it a reality. Together with @sygnumofficial and @fidelity, @the_matter_labs is tokenizing $50m of its treasury on @zksync. These funds will have onchain representation that acts as secure and transparent "Proof-of-Reserves" for Matter Labs' treasury reserves. Transparency and auditability. Powered by zkSync 🫡

“Chainlink has a huge opportunity and also an important role to play in actually unleashing the overall potential of tokenization and DLT”—Mathias Imbach, co-founder and group CEO of Sygnum Bank. Why? As Mathias highlights, scaling tokenization and bringing assets onchain has been limited because net asset value (NAV) data hasn’t been available on and across chains. Chainlink solves that problem by delivering NAV data onchain in a transparent and reliable manner. Recently, Fidelity International and Sygnum partnered with Chainlink to provide NAV data onchain for Fidelity International’s $6.9B money market fund in a landmark production use case for tokenized assets. “This is the baseline and foundation on which we can develop many more use cases.” https://lnkd.in/gSey8TWm