Italy’s state-owned development bank, Cassa Depositi e Prestiti SpA (CDP), and Intesa Sanpaolo, the country’s largest lender, have successfully completed a pioneering digital bond issuance using blockchain technology. This marks the first transaction under Italy’s new digital asset regulations. A Landmark Transaction As reported by Krisztian Sandor from CoinDesk, the 25 million euro ($27.22 million) […]
Original story published by Krisztian Sandor from CoinDesk. In a significant move for the decentralized finance (DeFi) space, MakerDAO, the protocol behind the $5 billion stablecoin DAI, announced plans to invest $1 billion of its reserves in tokenized U.S. Treasury products. This strategic decision is expected to attract top industry players such as BlackRock‘s BUIDL, […]
BlackRock’s tokenized fund, BUIDL, has reached a significant milestone by crossing a market value of $502.8 million, as reported by Hope from CoinMarketCap. Launched in March on the Ethereum blockchain in collaboration with Securitize Markets, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) provides institutional investors with the opportunity to earn yields on tokenized U.S. […]