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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🌍✨ Discover Tokenization with #1AssetExchange! 🌐 We're opening up a global digital marketplace for real-world assets, connecting traditional investors with the innovative world of tokenized trading. 🚀 What We Offer: A cutting-edge platform that digitizes and tokenizes Real World Assets (RWAs), enabling their secure global trade. 🎯 Our Mission: To transform the traditional landscape into a tokenized future, providing you with a seamless platform to Digitize, Tokenize, and Trade. 🔍 Visit our website to learn more about how we're revolutionizing investment! https://lnkd.in/gZMU_j46 #1AEX #Tokenization #BlockchainTechnology #InvestmentOpportunities #DigitalAssets #RealWorldAssets
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📈 The pilot involving The Depository Trust & Clearing Corporation (DTCC), Chainlink Labs, and ten major financial institutions, including J.P. Morgan and Franklin Templeton, has shown that these industry leaders are moving towards #Tokenization, #DeFi, and #WEB3. This collaboration aimed to bring price and rate data, specifically NAV data, to blockchains, showcasing a significant trend towards fund tokenization. 💡 By integrating critical fund administration data on-chain, these institutions are paving the way for a more efficient and transparent financial system. This incremental approach is setting the stage for large-scale fund tokenization, ultimately providing more information to investors and reducing operational costs.
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“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
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During our panel “Asset Tokenisation” at #CRYPTO2030, Janina P. shares about important steps to take in the process of tokenising assets: “Tokenisation, especially for a real-world asset, is something between private equity and IPO in terms of time, money, and effort that you need to put in. There is a legal part and there is a technical part. The platform needs to be programmed, and KYC also needs to be optimised. Most importantly, projects need investors or buyers for those tokens. Marketing and investor relations should be also budgeted for and prepared properly.” Read more about asset tokenisation: https://lnkd.in/g8TFvt5K
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🚀 The tokenized money market fund (MMF) landscape is about to skyrocketed with a massive $1 billion boost from Sky’s (formerly Maker) "Tokenisation Grandprix"! 💥💸 Applications are in, all up 36 players, including heavyweights like BlackRock/Securitize #BULDL, Ondo Finance, Franklin Templeton and Fasanara Capital throwing their hats in the ring. 🥊🏆 But here's the question: As DeFi meets TradFi, how do we really know about the existence and valuation of the $1 billion in US Treasuries backing these tokenized MMFs? 🤔📉 Untangled is supporting Fasanara Capital to bring real-time reserve attestation and valuation onchain through Credio, our credit oracle. Join us to build this critical piece of onchain RWA credit infrastructure. 🌐🔍 https://credio.network/
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🔗🌍 Individuals, companies, foundations, and even countries can tokenize their ownership rights into fully regulated Digital Securities backed by Real-World Assets. 🚀💼 Our Launchpad offers newly issued Digital Securities (DSOs) to a diverse portfolio of institutional and accredited retail investors. 🔄💸 Experience traditional finance gone On-Chain with our exchange. Explore more at www.tokn1.com. #Tokenization #DigitalSecurities #OnChain #Investing #Tokn1
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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 🫡
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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
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We're thrilled to announce Breed's investment in Arbelos Markets. Arbelos is spearheading the new era of crypto trading, emphasizing transparency and sophisticated risk management to attract institutional players. Arbelos builds on the lessons of the past, integrating robust "transparency engines" to offer clear, real-time data to their clients. This crucial development aims to restore trust in crypto markets devastated by previous management failures. As crypto evolves into a global asset class, Arbelos Markets is at the forefront, crafting a trading infrastructure that handles the complexities of derivatives and OTC trades, setting a new standard for transparency and reliability in the industry. So proud to back Joshua Lim, Shiliang Tang and the rest of the Arbelos team! More here in Fortune: https://lnkd.in/eyZCvkW3
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Unlock EU market access with the right MiCAR licensing 💡 Our latest article and the second in our MiCAR series, dives into the different requirements under MiCAR for crypto asset service providers, custodians, and more. If your business is working with digital assets and navigating compliance, check it out. 🔗 Read the full article here: https://lnkd.in/ds8Qxwdp With Tangany’s MiCAR-ready digital asset custody services, we simplify your journey to MiCAR compliance.
Understanding MiCAR Licenses and Key Requirements
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Chairman & CEO, Inveniam Capital Partners
6moThis is right on the money