2024-3-5 18:11 |
DWF Labs has announced an investment of $10 million in TokenFi’s native currency, TOKEN, to support the tokenization sector, projected to reach $16 trillion by 2030.
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AVAX, the native currency of Avalanche, a high throughput blockchain, is rising, adding an impressive 9% from May 15 lows. Buyers are taking over after weeks of lower lows. While the expansion of Bitcoin prices could explain these gains, there could be more.
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink and several prominent banking institutions in the United States to conduct a successful pilot aimed at accelerating the tokenization of funds.
Franklin Templeton CEO said blockchain offers cost savings and fewer errors for tokenization compared to the traditional system. The post Franklin Templeton CEO: Blockchain offers major cost savings for tokenization appeared first on Crypto Briefing.
Securitize has recently finalized a substantial $47 million funding round led by BlackRock to support its ongoing innovations and expansion in digital asset securities.
BlackRock's BUIDL fund becomes the largest tokenized equity fund with $375M AUM, surpassing Franklin Templeton's FOBXX. The post BlackRock’s BUIDL overtakes Franklin Templeton’s FOBXX in tokenized fund race appeared first on Crypto Briefing.
Backed Finance AG raises $9.5M in Series A led by Gnosis to advance tokenization services for financial institutions. The post Backed Finance raises $9.5 million in Series A funding round to accelerate tokenization for institutional clients appeared first on Crypto Briefing.
Discover how tokenization impacts the traditional financial ecosystem by digitizing assets. According to a report by digital asset management firm 21.co, tokenization’s market could swell to as much as $10 trillion by the end of the decade, driven by the…