Tokenized real-world assets (RWAs) developer Backed has announced that it is bringing its products to a series of new ecosystems. Its incorporation of Chainlink price feeds has expanded the number of protocols and applications that can utilize Backed’s tokenized RWAs. The chain-agnostic design of Backed’s tokenization technology makes it compatible with any blockchain ecosystem. Backed’s […]
The privacy-enabled Canton Network allows previously siloed systems in finance to be interoperable and synchronized in previously impossible ways, unlocking new efficiencies and innovation. Firms including BNP Paribas, Deutsche Börse Group, EquiLend, and Goldman Sachs, among others, already use Canton; industry partners include Capgemini, Deloitte, IntellectEU, Microsoft, and Umbrage. Digital Asset and leading market participants announce […]
ELYSIA, a real-world asset tokenization protocol, has formed a consortium with NEOPIN, Galaxia Metaverse, and BKEX Labs to develop a decentralized finance (DeFi) lending protocol based on real-world asset (RWA) tokenization. The consortium, called the RWA Token Alliance, aims to explore the potential of RWA tokens as a bridge between traditional finance and DeFi. RWA tokens […]
