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tokenization

Fortune 500 firms fuel crypto adoption with 56% of executives confirming active initiatives, Coinbase survey reveals

by Isaac Wright
Fortune 500 firms fuel crypto adoption with 56% of executives confirming active initiatives, Coinbase survey reveals

Share this article 56% of Fortune 500 executives said their firms are actively working on blockchain initiatives, according to Coinbase’s survey published on Thursday. The adoption spans from legacy brands …

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US Banks’ Pilot Program Propels LINK Price Up 6%, Details

by Isaac Wright
US Banks’ Pilot Program Propels LINK Price Up 6%, Details

The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink and several prominent banking institutions in the United States to conduct a successful pilot aimed at accelerating …

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Franklin Templeton CEO: Blockchain offers major cost savings for tokenization

by Isaac Wright
Franklin Templeton CEO: Blockchain offers major cost savings for tokenization

Share this article Franklin Templeton CEO Jenny Johnson, speaking at the 27th Annual Milken Institute Global Conference in California, praised blockchain’s efficiency and cost reduction in asset tokenization and shared …

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JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger

by Isaac Wright
JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger

Share this article A group of leading financial institutions, including JPMorgan, Citi, Mastercard, Visa, Swift, TD Bank N.A., US Bank, USDF, Wells Fargo, and Zions Bancorp, have initiated a proof-of-concept …

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Backed Finance raises $9.5 million in Series A funding round to accelerate tokenization for institutional clients

by Isaac Wright
Backed Finance raises .5 million in Series A funding round to accelerate tokenization for institutional clients

Share this article Backed Finance AG, a prominent issuer of tokenized real-world assets, has completed a $9.5 million Series A funding round. The company plans to use the funds to …

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Franklin Templeton integrates P2P functionality for its on-chain government securities fund

by Isaac Wright
Franklin Templeton integrates P2P functionality for its on-chain government securities fund

Share this article Franklin Templeton, the company that manages over $1.6 trillion in assets, announced this week that shareholders of the Franklin OnChain US Government Money Fund (FOBXX) can now …

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How can blockchain projects give each other a helping hand?

by Isaac Wright
How can blockchain projects give each other a helping hand?

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If there’s one thing to count on …

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Barclays, HSBC and Citi collaborate to pilot tokenized deposits in UK

by Isaac Wright
Barclays, HSBC and Citi collaborate to pilot tokenized deposits in UK

Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working …

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Cantor Fitzgerald CEO advocates for stablecoins, tokenization

by Isaac Wright
Cantor Fitzgerald CEO advocates for stablecoins, tokenization

Howard Lutnick, the CEO of Cantor Fitzgerald, articulated his support for crypto stablecoins and the tokenization of financial assets. “Dollar hegemony is fundamental to the United States of America. It …

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Web3 advisor Coinsilium to guide LC Lite in token launch

by Isaac Wright
Web3 advisor Coinsilium to guide LC Lite in token launch

Web3 advisor Coinsilium Group Ltd. has inked a deal with global trade exchange platform LC Lite, steering the ship for its upcoming token launch. The collaboration aims to integrate distributed …

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