BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expanded by about $1 billion between March 26 and June 11, representing roughly half of the $2 billion growth of the tokenized US treasuries market in the period. According to rwa.xyz data, BUIDL’s size is $2.89 billion as of June 11. It is the largest tokenized money fund, […]
BlackRock’s BUIDL nears $3B, registers 3x increase in less than 90 days Read More »
Trust Wallet, a self-custodial wallet with over 200 million users, is preparing to integrate Real-World Assets (RWAs) into its app, according to Trust Wallet CEO Eowyn Chen. Speaking during a panel discussion titled “What World is Crypto Building” at the Proof of Talk conference in Paris on June 10, Chen mentioned that users will eventually
Trust Wallet Explores First Major RWA Integration in a Self-Custodial Wallet Read More »
Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger. The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network. According to the statement, the integration allows institutional investors to
Ripple brings Ondo Finance’s tokenized US Treasuries to XRPL Read More »
Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10. Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL. The product is fully
Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance Read More »
Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network’s backers call “internet capital markets.” The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user’s wallet address without exposing personal data on-chain. Attestations
Solana reveals attestation service to supercharge internet capital markets Read More »
Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities. The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains. All three meetings resulted in
SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups Read More »
The Dubai Land Department (DLD) has selected XRP Ledger (XRPL) to power its landmark real estate tokenization initiative. The announcement, made on May 25, introduces several new partners to the project, including the Dubai Future Foundation, real estate investment platform Prypco, and blockchain infrastructure firm Ctrl Alt. Ctrl Alt will oversee the tokenization framework, ensuring
Dubai chooses XRP Ledger (XRPL) for key real estate initiative Read More »
Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20. The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial
Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs Read More »
JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain unit, Kinexys, successfully executed a cross-chain atomic settlement using Ondo Finance’s tokenized short-term US Treasury product, OUSG. This marks the first time Kinexys has connected its permissioned
JPMorgan bridges blockchain and traditional finance in landmark pilot transaction Read More »
Traditional finance heavyweight VanEck has entered the real-world asset (RWA) arena with the launch of VBILL, a tokenized fund offering exposure to short-term U.S. Treasuries across Avalanche, BNB Chain, Ethereum, and Solana. The fund marks a significant step in the institutionalization of tokenized finance, as asset managers race to offer blockchain-native, yield-generating alternatives to crypto-native treasuries. Bridging TradFi and crypto
