Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products. The proposal, currently …
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Artificial intelligence could be the missing piece for decentralized autonomous organizations (DAOs), while trained AI models could become valuable assets on-chain, according to the co-founder of Framework Ventures. Speaking to Cointelegraph on Sept. 5 at Korea Blockchain Week, Vance Spencer, the co-founder of the crypto-focused venture firm, shared four predictions …
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The experiment was built on Swift’s earlier successes in connecting Central Bank Digital Currencies (CBDCs) and digital assets with existing and emerging payment systems. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global financial messaging network, has unveiled the results of a groundbreaking experiment hindering the widespread adoption of …
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Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize, a New York-based company focused on expanding investor and business access to tokenized alternative assets, announced Friday the acquisition of Onramp Invest, an asset management firm backed by Coinbase. …
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Backed’s RWAs can be accessed on Fantom (FTM), Avalanche (AVAX), Gnosis (GNO), BNB Chain, Arbitrum (ARB), Ethereum (ETH), and Polygon (MATIC). In an exciting development, Backed, a leading platform for tokenizing Real-World Assets (RWAs), has outlined its intention to integrate its innovative product lineup with multiple new blockchains. This development …
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The Avalanche (AVAX) Foundation has launched a $50 million initiative, called Avalanche Vista, to pioneer the future of asset tokenization. According to the announcement, the foundation will allocate the funds to purchase tokenized assets, often referred to as “real world assets” or “off-chain assets,” minted on the Avalanche blockchain. KKR …
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The Avalanche Vista project will push the tokenization of assets on the blockchain network. These assets span a wide spectrum including equity, real estate, credit, commodities, and others that are blockchain-native. Blockchain-based tokenized assets are the future of the financial world and the Avalanche Foundation is undertaking all efforts to …
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Tokenization, today, is no longer a buzzword but a phenomenon that needs more comprehension. Over the years, on-chain tokenized securities have gained acceptance among the big shots of the finance sector that want to leverage it for newer investment opportunities. As understood, converting traditional securities such as real estate assets, …
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Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030. That would mark an 80-fold increase from the current value of real-world assets …
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The 2008 monetary disaster was a devastating time for a lot of, because the collapse of the USA actual property market precipitated ripple results impacting the employment and livelihoods of tens of millions of individuals. According to TheStreet, one of many chief causes of the disaster was the opaqueness of …
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