real-World Assets

A new category of financial institution is beginning to take shape as decentralized banking models, or "deobanks," position themselves between traditional banks and fintech firms. The shift, industry leaders say, could redefine competition in global finance over the next decade. "Banks offer trust...

A new note from crypto asset manager Bitwise points to Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Chainlink (CRYPTO: LINK) as the "cleanest plays" in the emerging race to tokenize trillions of dollars in real-world assets (RWAs). What Happened: In a sharp departure from...

Digital Asset, the developer behind the Canton Network, has raised $135 million in a funding round backed by major Wall Street players including Goldman Sachs (NYSE:GS) and Citadel Securities, alongside leading crypto investors. The round, led by DRW Venture Capital and Tradeweb Markets, signals...

Tokenization of real-world assets (RWAs) must move beyond replicating traditional assets on-chain and instead focus on areas where blockchain-native features provide clear advantages, according to Standard Chartered's Head of Digital Assets Research, Geoffrey Kendrick. In the bank's latest global...

Bernstein analysts have identified the tokenization of real-world assets (RWAs) as a transformative trend that could reshape global finance, outlining how blockchain-based tokenized markets, though still early in development, are on track to become a multi-trillion dollar industry as infrastructure...

Anthony Scaramucci, CEO of investment firm SkyBridge Capital and a vocal cryptocurrency advocate, predicted a significant role for Solana (CRYPTO: SOL) in the impending layer-1 blockchain revolution, while also revealing his substantial exposure to the fifth-largest cryptocurrency. What...

A new report explored the most profitable crypto narratives of the first quarter of 2024, with meme coins emerging as the undisputed champions. What Happened: The study by CoinGecko, published on April 3, delved into the performance of various crypto narratives by analyzing the top 10 tokens...

Ondo Finance, a tokenization project backed by Coinbase Global Inc (NASDAQ: COIN), announced plans to expand to the Asia Pacific region. The announcement follows an over 60% price surge for the ONDO token over the last seven days. What Happened: On Sunday, Ondo Finance announced...

In a significant development for the digital assets space, the value of real-world assets (RWAs) on-chain achieved a new milestone, reaching an all-time high of $3.1 billion as of Sept. 1, according to research. This surge in value surpasses the previous record of $2.75 billion set in April...

MakerDAO announced on Wednesday a significant addition of $700 million in U.S. Treasury bonds to its holdings, which took its total bond holdings to $1.2 billion, a move aimed at backing DAI with real-world assets. MakerDAO is a Defi lending protocol and the company behind the...