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.

Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.

The move is part of Fordefi's plan to extend its wallet service mostly used by institutional investors to retail-facing trading platforms.

The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.

Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.

Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting bi...

Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.

Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.