Tokenization


Finance

Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment

CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)

Finance

Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds

The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.

Maxime Boonen, co-founder of B2C2 and PV01 (PV01)

Finance

Homium Raises $10M and Tokenizes Home Equity Loans on Avalanche

The loans are currently live in Colorado with plans to extend to other states.

(Danny Nelson/CoinDesk)

Policy

Asset Tokenization Draws Focus From Global Securities Watchdogs

The International Organization of Securities Commissions intends to analyze whether or not further policy direction is needed.

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

Markets

Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC

Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.

Ondo price on April 11 (CoinDesk)

Finance

Where BlackRock Goes, Liquidity Flows

BlackRock and Securitize’s new digital assets fund is a game-changer for tokenization and the wider regulated market, says Peter Gaffney, head of research at Security Token Advisors.

BlackRock headquarters (Shutterstock)

Policy

Central Bank Group Starts Tokenization Project to Enhance Monetary System

The project seeks to build a "usable" solution to integrate tokenized commercial bank deposits with central bank money using smart contracts and programmability, officials at the Bank for International Settlements said.

BIS building (BIS)

Finance

Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard

The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said.

The GK8 team

Markets

Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains

Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as tokens on the blockchain.

DeFi, T-bill, Yield, Paradigm

Markets

BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering

The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)