Former Goldman Sachs crypto executive Oliver Harris, who has returned to the TradFi world as JPMorgan’s new blockchain chief, once said he believes tokenization alone will not fix one of finance’s core challenges, warning that putting assets on blockchain rails does not automatically make them easier to trade. “Tokenization does not equal liquidity,” Harris, who
BlackRock-backed Securitize and Computershare are bringing parts of the $70 trillion U.S. stock market onchain via tokenized equities, in a move that pushes traditional Wall Street infrastructure closer to blockchain rails. The agreement allows listed firms to add tokenized equity — called Issuer-Sponsored Tokens (ISTs) — alongside existing shares, giving investors the option to hold
Rayls, a renowned blockchain network for banking entities, has partnered with Enzyme Finance, a popular decentralized infrastructure platform. The partnership attempts to accelerate institutional-scale yield distribution. As per Rayls’ official social media announcement, the development addresses the wider infrastructure required for the on-chain onboarding of institutional assets. So, this move denotes the significance of developing
Tokenization is growing fast. However, despite the rise of new networks, the market is concentrated. Is multi-chain growth just a narrative? Ethereum is at the center of tokenized assets According to Token Terminal, tokenized funds, stocks, and commodities are now a $38.6 billion market across 35 chains. Ethereum [ETH] alone accounts for close to $25
In a groundbreaking move to fulfill the interests of Web3 users effectively, Pharos Network, an EVM-compatible L1 blockchain, today announced the launch of its public mainnet. As per the announcement disclosed via the X platform, Pharos successfully executed its hard fork event today, and as a result, its public mainnet is now live. Powered by
OneGate, the Neo N3 mobile wallet, has undergone its first major update in more than two years. Wallet v2 is now live on the Apple App Store and Google Play, adding support for the recently finalized NEP-20, NEP-21, and NEP-33 wallet standards, as well as support for 15 languages. The wallet was originally created by
In a landmark move for blockchain adoption in traditional finance, Dunamu has signed a memorandum of understanding (MOU) with Hana Financial Group and POSCO International to build a real-time overseas remittance service on the GIWA Chain. This partnership aims to replace the decades-old SWIFT network with a faster, more efficient blockchain-based system. GIWA Chain: The
CoinMarketCap (CMC), the world’s most-referenced, real-time cryptocurrency price-tracking website and data aggregator in the blockchain industry, has announced its landmark collaboration with LitVM (Litecoin Virtual Machine), the first fully trustless, Ethereum Virtual Machine (EVM) – compatible Zero-knowledge (ZK) rollup layer-2 network built on Litecoin. The purpose is to bring smart contracts, decentralized finance (DeFi), and
CoinUp has a strategic partnership with RootData to help improve the crypto ecosystem from top to bottom by utilizing institutional quality research and providing retail users with the same level of information they’ve been missing. As a result of this partnership, CoinUp will be leveraging RootData’s advanced real-time project research into their trading platform to
The combination of decentralized ledgers and artificial intelligence is no longer just a possibility; it’s already happening and has become an emerging area of growth for the global digital economy. MarsCat has entered a strategic alliance with XDGAI, a company focused on developing decentralized-based AI infrastructure. The goal of their partnership is to integrate XDGAI’s