Launched as part of the Monetary Authority of Singapore’s (MAS) Project Guardian, new pilot demonstrates how financial institutions can leverage existing Swift infrastructure to facilitate off-chain cash settlements for tokenized funds. Swift, UBS Asset Management, and Chainlink have completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital asset […]
Securitize Inc., a prominent player in real-world asset (RWA) tokenization, has announced the launch of Securitize Fund Services. This new platform, introduced alongside the company surpassing $1 billion in tokenized assets on-chain, is designed to address inefficiencies in traditional fund administration by offering a fully integrated system for token issuance, capital raising, secondary trading on […]
Franklin Templeton – one of the world’s largest global investment managers – has received approval from Luxembourg regulator Commission de Surveillance du Secteur Financier (CSSF) to launch the first fully tokenized UCITS (Undertakings for Collective Investment in Transferable Securities) fund of its kind in Luxembourg. Shares in the fund will be issued using Franklin’s proprietary […]