[PRESS RELEASE – London, UK, April 9th, 2024] CBPAY Token Airdrop campaign launches on XDB CHAIN in conjunction with the announcement of a major travel payments partnership between Coinbar and Tech scale up Utravel by Alpitour Group. In a pioneering move set to redefine the intersection of the cryptocurrency and …
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[PRESS RELEASE – São Paulo, Brazil, March 29th, 2024] Acura Capital, a leading Brazilian Web2 funds with $1.8 billion in assets under management and $3 billion under custody, announces a new product to be launched with its close Web3 ally — Patex, the largest blockchain ecosystem for Latin America. Acura …
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In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, …
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[PRESS RELEASE – Singapore, Singapore, March 25th, 2024] DigiFT, the first licensed exchange for on-chain real-world assets, announced the launch of the first-ever U.S. Treasury Bill depository receipt tokens that represent direct beneficial ownership in the underlying U.S. Treasury Bill. Depositary receipts (DR) are a well-tested structure in traditional finance …
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[PRESS RELEASE – Dubai, UAE, March 14th, 2024] MANTRA has announced a major step towards mainstreaming Real World Asset (RWA) tokenization with its application for its first essential financial licenses. Its expected receipt of licensing in the UAE will allow MANTRA to target a global customer base, and empower businesses …
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The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial landscape continues to evolve, these innovative financial instruments garner significant attention for their potential to revolutionize investment strategies and reshape traditional markets. The paper explains that tokenization, similar to stablecoins, …
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