The Reserve Bank of Australia (RBA) has highlighted the potential of tokenized assets to transform the Australian financial system in a speech by Assistant Governor (Financial System) Brad Jones. Jones noted that tokenization is the process of representing assets on a blockchain, which is a distributed ledger technology. This allows assets to be traded more […]
SC Ventures, the innovation, fintech investment and ventures arm of Standard Chartered, and SBI Holdings, a Japanese financial conglomerate, are partnering to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties intend to capitalize the vehicle with $100 million. The joint venture will focus on investing in companies […]
In a strategic move to cater to the evolving needs of institutional clients, HSBC has announced plans to introduce a cutting-edge digital assets custody service in 2024. This initiative marks a significant step in HSBC’s digital transformation journey and aims to provide comprehensive support for institutional investors engaged in tokenized securities. HSBC has partnered with […]
