Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.
Tokenization news
The RWA sector could see an over 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s largest consulting firms.
According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30 trillion market cap by 2030.
Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.
The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator.
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
Libeara and FundBridge Capital bring US Treasury investments onchain with the Ultra Fund, boosting blockchain finance.
Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals.