In a groundbreaking move for blockchain-based finance, Securitize has partnered with Apollo Global Management and Wormhole to tokenize the $1.3 billion Apollo Diversified Credit Fund ($ACRED) and deploy it across six major blockchains, including Solana. This marks a major step forward in the integration of real-world assets (RWAs) into decentralized finance (DeFi). Bridging Traditional and Decentralized Finance The tokenization of $ACRED represents […]
New research issued by the CFA Institute Research and Policy Center reviews the use of distributed ledger technology to tokenize financial and real-world assets. The first of a two-part series, An Investment Perspective on Tokenization: Part I, analyses the benefits of tokenization relative to traditional practices and delivers a primer on the topic exploring how tokenization […]
Sygnum, a global digital asset banking group, announced it has completed its Strategic Growth Round, raising $58 million. This funding gives the company a post-money valuation exceeding $1 billion. The round was led by Fulgur Ventures, a venture capital firm specializing in Bitcoin technologies, alongside other strategic and financial investors. Supporting Growth and Expansion The […]
