UBS has introduced Hong Kong’s inaugural investment-grade tokenized warrant on the Ethereum public blockchain network. Leveraging the on-chain issuance product framework provided by UBS Tokenize, the bank’s in-house tokenization service, this groundbreaking product is a call warrant featuring Xiaomi Corporation as the underlying stock. Notably, the tokenized warrant marks the first natively issued warrant on […]
Global digital asset banking group Sygnum has successfully secured over $40 million in an interim close of its Strategic Growth Round, surpassing the initial target of approximately $35 million. Azimut Holding, a global asset management group, is the lead investor for this round, joined by both new and existing strategic and financial investors. Sygnum’s post-money […]
BlockInvest, a Crédit Agricole Italia-backed tokenization platform, is making significant strides in digitizing distressed credit markets, ushering in a new era of transparency and efficiency for financial assets. The initiative focuses on non-performing loans (NPEs) or distressed credits, addressing challenges such as information asymmetry, limited operators, liquidity issues, and the absence of a secondary market. […]