Real World Assets


Tech

Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy

Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.

Plume co-founders Eugene Shen, Chris Yin and Teddy Pornprinya (Plume)

Finance

DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating; LINK Gains 7%

The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization.

Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference in Barcelona. (Chainlink)

Finance

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual

The company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

Karn Saroya, CEO of Re (Re)

Finance

Solana-Based Marketplace AgriDex Raises $5M to Tokenize Agricultural Industry

AgriDex brings agricultural commodities onto the blockchain by allowing crops to be bought on its marketplace with finalized deals backed by non-fungible tokens (NFTs).

Agriculture (Pete Linforth/Pixabay)

Opinion

BlackRock, Ondo, Superstate: The Biggest Movers in the RWA Sector in Q1

Catching up on the biggest news from the real-world asset space.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Finance

Crypto for Advisors: Digital Asset Custody’s Future

Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.

(Jason Dent/ Unsplash)

Finance

Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo

Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding in on-chain assets.

Untangled Finance co-founders Quan Le (left) and Manrui Tang (right) (Untangled Finance)

Finance

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight, helmed by the former global head of trading of Schroders and Abu Dhabi sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.

Ironlight co-founders: Rob McGrath, CEO (left) and Matt Celebuski (right), president and COO (Ironlight, modified by CoinDesk)

Markets

BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's

BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.

(Jim Henderson, modified by CoinDesk)

Finance

Tokenized Asset Issuer Backed Raises $9.5M as Crypto's RWA Race Heats Up

The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

Art installation reminiscent of digital ecosystems