London Stock Exchange launches blockchain platform for private funds

London Stock Exchange launches blockchain platform for private funds

The London Stock Exchange launched a Microsoft-powered blockchain platform for private funds, marking the first such initiative by a global exchange. Update Sept. 15, 7:58 am UTC: This article has been updated to include another section on LSEG and Microsoft’s collaboration. The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds,…

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New Ethereum standard aims to set baseline for real-world asset tokenization

New Ethereum standard aims to set baseline for real-world asset tokenization

EIP-7943 author Dario Lo Buglio told Cointelegraph that the standard’s goal is to solve industry fragmentation with standardized functions for compliance. A coalition of Web3 companies has introduced a new Ethereum token standard designed to streamline compliance and reduce fragmentation in the growing real-world asset (RWA) sector. According to an announcement sent to Cointelegraph, the…

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XStocks launches on Ethereum with 60 tokenized stocks, including Nvidia and Tesla

XStocks launches on Ethereum with 60 tokenized stocks, including Nvidia and Tesla

Tokenized equities have not been without controversy as global regulators and stock exchanges have pushed back against this new use of blockchain technology. XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before…

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Animoca joins Antler to bring Japanese anime, manga IP onchain

Animoca joins Antler to bring Japanese anime, manga IP onchain

Animoca Brands has partnered with Antler’s Ibex Japan to launch a Web3 fund aimed at bringing Japan’s anime and manga IP onchain. Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain. The announcement…

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0T TradFi market is a huge runway for tokenized RWAs: Animoca

$400T TradFi market is a huge runway for tokenized RWAs: Animoca

RWA tokenization value recently surged to an all-time high, with more to come from TradFi’s $400 trillion addressable market, researchers say. Tokenized real-world assets could eventually represent trillions of dollars worth of traditional finance assets in a multichain future, according to Animoca. “The estimated $400 trillion addressable TradFi market underscores the potential growth runway for…

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Kraken, Backed expand tokenized stocks to Tron ecosystem amid RWA push

Kraken, Backed expand tokenized stocks to Tron ecosystem amid RWA push

According to a Binance Research report, tokenized stocks are nearing a major inflection point reminiscent of the early days of decentralized finance. On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly…

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Green RWAs recast climate assets as profitable cutting-edge tech

Green RWAs recast climate assets as profitable cutting-edge tech

Blockchain-based tokenization of climate assets could unlock trillions in green investments as regulatory frameworks drive carbon trading growth. Opinion by: Nicholas Krapels, head of research and development at Mantra By 2035, the real-world asset (RWA) market is expected to reach over $60 trillion, with green RWAs well-positioned to become a significant subsector in this global…

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