Binaryx Exchange Launches Tokenization Platform for Businesses
The Binaryx digital assets exchange launched a tokenization platform aimed at giving startups and businesses the opportunity to tokenize their assets for attracting additional investment, as stated in an official press release. Asset tokenization is a rapidly growing trend in various industries. The popularity and capitalization growth of Non-Fungible Tokens in recent months has spurred […]
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The European Binaryx digital assets exchange has launched a set of services aimed at businesses, allowing them to diversify their crypto assets portfolios and bypass the hurdles typically associated with purchase and sales operations, as well as direct digital asset safekeeping. The new services by Binaryx grant businesses the possibility of investing in Bitcoin and […]
DLA Piper’s new tokenization platform has already completed its first asset tokenization with a “piece of fine art.” TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates in more than 40 countries — Aldersgate DLS and Hedera Hashgraph. Although it has the ability to function across any asset class, the team identified the best use case “for high value assets in alternative asset classes such as real estate and art.”TOKO....
The Swiss-licensed firm has launched a tokenization service and a trading platform, offering, it says, real-time settlement.
Launching tokenized securities could be easier than one would expect. There are four main steps to make it happen, but it may take some time. Security tokens may be poised for exponential growth as security tokenization industry players reveal optimistic forecasts based on surging demand. With that, the market size by 2025 could reach the $3 billion mark, according to the area2invest report, a security token marketplace. The study by the Liechtenstein-based security token marketplace also suggests a market compound annual growth rate (CAGR) of 56.9%. As Bernhard Thalhammer, head of issuer....
Researchers at the Federal Reserve have delved into the world of tokenizing real-world assets (RWAs) on blockchain technology. This exploration sheds light on the transformative power of tokenization, emphasizing its potential benefits and financial stability implications. Tokenization, as elucidated in the paper, is the process of creating digital avatars, known as crypto tokens, for non-crypto […]