While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward … Read more
VERT Capital, a Brazilian credit structuring and securitization firm, plans to tokenize up to $1 billion in debt and receivables on the XDC Network (XDC), expanding the scope of public blockchain use in structured finance, the firms told CoinDesk. As part of the deal, the firms will move financial instruments such as corporate debt, agribusiness … Read more
Asphalt 9: Legends has added the brand-new Lamborghini Revuelto to its already impressive roster of supercars. The Italian manufacturer’s newest flagship V12 hybrid car was introduced on Thursday, March 30, making Asphalt 9: Legends the first and only video game for now to feature it. Starting today, players can participate in an exclusive challenge to … Read more
Latin American cryptocurrency exchange Mercado Bitcoin plans to tokenize over $200 million in real world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL). The move marks one of the largest tokenization efforts by a Latin American institution on XRPL, according to a press release. The tokenization of real-world assets … Read more
South Korea’s central bank is set to launch CBDC trials for real-world transactions under the “Digital Test Project Hangang,” according to local reports citing BoK officials. The three-month programme is said to involve seven banks and 100,000 participants that will be testing blockchain technology’s role in finance. The BoK reportedly sees this large-scale pilot as … Read more