The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.

Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.

Bitcoin's price remained flat around $59,000, while its swift decline from $61,000 earlier today happened before the transaction.

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Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.

Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.

MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.

This was the first example of transferring tokenized versions of life insurance policies, the company said.

The firm said it's one of the only principal trading firms to hold the state's crypto license.

Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.

Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.

Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.

The president and CEO of the asset management giant said blockchains are "transformational tech" that can help drive down operational costs during a panel discussion at Consensus 2024.

Aptos will be the first blockchain that uses the Move coding language to integrate Chainlink's services, according to the announcement at Consensus 2024 in Austin.

NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets.