real-World Assets

A new note from crypto asset manager Bitwise points to Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Chainlink (CRYPTO: LINK) as the "cleanest plays" in the emerging race to tokenize trillions of dollars in real-world assets (RWAs). What Happened: In a sharp departure from...

Digital Asset, the developer behind the Canton Network, has raised $135 million in a funding round backed by major Wall Street players including Goldman Sachs (NYSE:GS) and Citadel Securities, alongside leading crypto investors. The round, led by DRW Venture Capital and Tradeweb Markets, signals...

Tokenization of real-world assets (RWAs) must move beyond replicating traditional assets on-chain and instead focus on areas where blockchain-native features provide clear advantages, according to Standard Chartered's Head of Digital Assets Research, Geoffrey Kendrick. In the bank's latest global...

Bernstein analysts have identified the tokenization of real-world assets (RWAs) as a transformative trend that could reshape global finance, outlining how blockchain-based tokenized markets, though still early in development, are on track to become a multi-trillion dollar industry as infrastructure...

Anthony Scaramucci, CEO of investment firm SkyBridge Capital and a vocal cryptocurrency advocate, predicted a significant role for Solana (CRYPTO: SOL) in the impending layer-1 blockchain revolution, while also revealing his substantial exposure to the fifth-largest cryptocurrency. What...

A new report explored the most profitable crypto narratives of the first quarter of 2024, with meme coins emerging as the undisputed champions. What Happened: The study by CoinGecko, published on April 3, delved into the performance of various crypto narratives by analyzing the top 10 tokens...

Ondo Finance, a tokenization project backed by Coinbase Global Inc (NASDAQ: COIN), announced plans to expand to the Asia Pacific region. The announcement follows an over 60% price surge for the ONDO token over the last seven days. What Happened: On Sunday, Ondo Finance announced...

In a significant development for the digital assets space, the value of real-world assets (RWAs) on-chain achieved a new milestone, reaching an all-time high of $3.1 billion as of Sept. 1, according to research. This surge in value surpasses the previous record of $2.75 billion set in April...

MakerDAO announced on Wednesday a significant addition of $700 million in U.S. Treasury bonds to its holdings, which took its total bond holdings to $1.2 billion, a move aimed at backing DAI with real-world assets. MakerDAO is a Defi lending protocol and the company behind the...