Tokenization News Roundup: The Next Trillion

Tokenization News Roundup: The Next Trillion

A weekly digest of tokenized RWAs: merging traditional finance with the blockchain

Tokenization Advocacy Group Strives to Bring the ‘Next Trillion’ of Assets to Blockchain

The Tokenization Advocacy Group, in collaboration with cryptocurrency corporations 2Tokens and Assetblocks, as well as Dutch banks Rabobank and ABN Amro, has been selected as one of the first 20 projects to join the European Blockchain Sandbox. Their goal is to develop euro-denominated deposit tokens and blockchain wallets. These tokens will represent a tracking stock backed by energy from renewable sources sources such as solar, wind, and battery parks. Investors can purchase NFTs that provides them partial ownership interest in these energy assets and entitle them to receive profits. The NFTs fall under MiFID II regulations as securities.

FTX’s Ether Drainage Surges, Moving Millions for the First Time in Almost a Year

Swift and Chainlink Successfully Transfer Value Across Multiple Blockchains

The recent tokenization experiment conducted by Swift and Chainlink has demonstrated the successful transfer of value across multiple blockchains. This experiment outlines the  capacity of tokenization to expand the efficiency and interoperability of financial transactions. By leveraging blockchain technology, traditional financial instruments can be digitized and seamlessly transferred between different networks.

SOMA Finance Pioneers the First Retail Compliant Digital Security

SOMA Finance has announced the issuance of the first retail compliant digital security. This represents a whole lot of milestone in the tokenization of real-world assets (RWAs). By complying with regulatory requirements, SOMA Finance ensures that retail investors can take part in tokenized investments while maintaining the necessary legal protections. This development opens up new doors for individuals to access previously inaccessible investment opportunities.

Ibiza NXT 2023: Embarking on a Purpose-Driven Web3 Innovation Voyage

Rabobank and ABN Amro Collaborate on Deposit Token Project

Rabobank and ABN Amro, in partnership with the consortium 2Tokens and Assetblocks, are working on a deposit token project within the European Blockchain Sandbox. This project intends to tokenize euro-denominated deposits and create blockchain wallets. The tokens will represent ownership interests in energy from renewable sources sources, allowing investors to receive profits from solar, wind, and battery parks. The collaboration intends to explore settlement options for tokenized assets and trial “whitelisted wallets” and stablecoins. This forward-thinking approach by financial institutions demonstrates their interest in exploring the  capacity of tokenization in compliance with regulations.

Why Bitcoin May See Gains in an Economic Downturn, According to Fidelity Investments Macro Analyst

Hot Take: Tokenization Revolutionizes Traditional Finance

The integration of blockchain technology and tokenization has the  capacity to revolutionize traditional finance. By digitizing real-world assets and enabling seamless transferability, tokenization offers increased liquidity, accessibility, and efficiency in financial markets. The successful experiments and initiatives highlighted in this digest showcase the growing interest and probable applications of tokenized RWAs. As the industry continues  to explore the possibilities of tokenization, it is important to foster collaboration between financial institutions, regulators, and technology providers to secure compliance and unlock the full probable of this transformative technology.

VanEck Commits to Donating 10% of ETF Profits to Ethereum Protocol Guild
Author – Contributor at | Website

Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora’s insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content.

Kevin O’Leary of Shark Tank Predicts Regulatory-Compliant Crypto Exchange as a Potential Replacement for Binance and FTX
Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Follow us

Latest Crypto News

Share via
Share via
Send this to a friend