The tokenization of equities, while seen as a promising way to democratize access to publicly listed company stocks, has not gained traction as expected. Proponents of tokenization argue that existing regulations block the widespread adoption of equity tokenization. The Slow Burn of Equity Tokenization: Hype Versus Reality Although the tokenization of equities is widely accepted
The world of cryptocurrency is constantly evolving, and a recent development from South Korea’s leading crypto exchange, Upbit, is sending ripples across the market. Dunamu, the powerhouse operator behind Upbit, has made a significant strategic move by filing a whopping 66 trademark applications. This isn’t just about protecting brand names; it’s a clear signal of
Nasdaq-listed medical device technology firm BioSig Technologies and real-world asset tokenization company Streamex are looking to raise up to $1.1 billion in financing to launch a gold-backed treasury management strategy powered by Solana. BioSig and Streamex said in a press release on July 8 that the companies have entered into a definitive agreement that will
Four US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury Department’s country-by-country league table. The amount in overnight Treasury-collateralized repos and Treasury-heavy money market funds would put the group between Norway’s $195.9 billion and Saudi Arabia’s $133.8 billion. Tether’s USDT tops the cohort.
Even before President Trump took office, preference for stablecoins instead of a central bank digital currency (CBDC) had been strongly signaled by the current U.S. Commerce Secretary Howard Lutnick. In the last month, both Treasury Secretary Scott Bessent and the Fed Chair Jerome Powell framed stablecoins as a de facto asset to maintain USD as
Tokenized gold trading volume has surpassed $19 billion so far this year, outpacing many popular gold ETFs. Tokenized assets are gradually proving to be a viable alternative to traditional investment instruments. According to a July 8 report by CEX.io, tokenized gold is gaining traction compared to gold ETFs. The asset class has attracted $19 billion
Tether Holdings SA, the issuer of the world’s largest stablecoin USDT, is stockpiling around 80 tons of gold (worth $8 billion) in a secret vault in Switzerland. According to the information provided by the company’s CEO, Paolo Ardoino, this vault belongs entirely to Tether and is described as “the most secure vault in the world.”
US President Donald Trump made important statements regarding economic and foreign trade policies in a broadcast he attended. Trump announced plans to unveil new tariffs on the pharmaceutical and semiconductor industries, and he also slammed Fed Chair Jerome Powell, calling for his resignation. Trump stated that he would announce a new policy for the pharmaceutical