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Showing posts with the label tokenization

Solana (SOL) & Cardano (ADA) Eye RWA, Trading Stocks On Blockchain

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The world of cryptocurrency is evolving at a rapid pace, delivering new horizons to the market to target and aim at. Presently, Solana and Cardano are top contenders eyeing real-world tokenization in a new trending development. The world of blockchain is now embracing a new thought, a new arena where trading US stocks on blockchain could soon become a reality. Also Read: Top 3 Cryptocurrencies You Could Watch This Weekend Solana for US Stock Trading? Source: BestFlag Per a recent Bloomberg report, Robinhood is eyeing the Solana and Arbitrum chains to bring US stock trading to European nations. The report further states how this venture will likely be launched in a partnership with the digital asset firm, people familiar with the matter told Bloomberg. The sources further shared how Solana and Arbitrum are two top contenders being considered to onboard this new change, revolutionizing the RWA expansion within the cryptocurrency domain. The discussions are currently in the preliminary st...

Fraktion Secures €1.1 million in seed funding to advance RWA tokenization

Fraktion, a platform specializing in real-world asset (RWA) tokenization and fractionalization, has secured €1.1 million in seed funding, as reported to Finbold on February 6.  Chief investors included Cabrit Capital, Tezos Foundation (XTZ), and Vox Capital, alongside industry veterans such as Olivier Huby (formerly of MFEX), Andréa Bensaïd (Eskimoz), and Guillaume Mayot (Lukeion).   The company will use the funds to further advance its technology and expand its footprint in the RWA sector. Picks for you xMoney to launch three new MiCA-compliant stablecoins, boosting crypto liquidity in Europe 20 mins ago U.S. job market signals recession trends; Sell time? 18 hours ago ...

Polygon, Render Token price prediction as Everlodge reshape real estate with tokenization

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RNDR climbs steadily gaining 57% in the past month. Polygon (MATIC) surges 21%, signalling a run for new yearly highs. Everlodge reshapes real estate with fractional ownership, NFTs, and a dynamic ELDG token in its presale. Render Token (RNDR) and Polygon (MATIC) are making waves with significant price movements. While RNDR experiences a surge and hints at potential highs, MATIC sees a seismic shift aiming for new yearly records. Meanwhile, Everlodge is disrupting the real estate sector with tokenization and a revolutionary presale. Let’s delve into the technicalities of these developments, exploring price movements, predictions, and the innovative approach of Everlodge. RNDR’s steady ascent Render Token (RNDR) has been steadily climbing the crypto charts, showcasing resilience amid market volatility. Over the past week, RNDR witnessed a consistent rise, adding over 16% to its portfolio. This trend becomes more significant when looking at the ...

Taurus, Teylor partner to boost SME credit with debt tokenization investment

Swiss crypto custody firm Taurus has partnered with Zurich-based fintech lending platform Teylor, known for focusing on the German SME market. Teylor’s credit portfolio token s, developed under the legal guidance of Allen and Overy, are set to be admitted for secondary market trading on Taurus’ TDX marketplace. Taurus co-founder Lamine Brahimi highlighted that the token ization process, involving a Luxembourg-based investment vehicle, aligns with Swiss and European regulations. We're happy to announce that Taurus and @TeylorAG have entered into a strategic partnership! This collaboration centers on the token ization of Teylor’s SME credit portfolio, providing token holders with monthly cashflows. Read full announcement here: https://t.co/wH4uprADo9 pic.twitter.com/iCTRQ8mP0Y — Taurus (@taurus_hq) December 14, 2023 Brahimi also revealed that these token ized debt products targeting the German SME market will attract substantial investment from institutio...