Tokenized Assets


Finance

Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.

Jeremy Allaire, CEO of Circle (CoinDesk)

Finance

MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.

Dubai (David Rodrigo/Unsplash)

Markets

DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL

Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

RWA-Focused Network Plume Raises $20M from Brevan Howard and Others Ahead of Mainnet Launch

The platform has brought over $4 billion of traditional assets on-chain, ranging from renewable energy projects to mineral rights and private credit.

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

Markets

Ethena Rolls Out Stablecoin Backed by BlackRock's BUIDL Token

The protocol's governance token ENA rallied over the weekend as Donald Trump-affiliated World Liberty Financial invested in the token.

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates

Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.

Stablecoin market cap (CCData)

Finance

Tokenized Uranium Goes Live on the Tezos Blockchain with Archax, Cameco Involved

Uranium.io aims to bring investment in the yellow metal to retail investors while the nuclear industry is having a revival, Arthur Breitman, director of the protocol's development firm said in an interview.

Nuclear power plant (Getty Images/Unsplash)

Finance

El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering

The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.

El Salvador flag (Unsplash)

Finance

Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States

The tokenization platform is part of Tether's ambition to diversify its business from its $126 billion USDT stablecoin.

Tether CEO Paolo Ardoino (Tether)

Finance

Franklin Templeton Expands $410M Money Market Fund to Ethereum Blockchain

Ethereum is by far the most popular blockchain for issuers of tokenized traditional assets with a current market cap of $1.6 billion.

Jenny Johnson, Franklin Templeton president and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)