Web3 Foundation announces a landmark achievement towards the realization of Web 3.0: the Polkadot blockchain’s native digital asset (DOT) has morphed and is no longer a security. It is software. This announcement marks the third anniversary of Web3 Foundation’s first engagement with the U.S. Securities and Exchange Commission’s (“SEC”) Strategic Hub for Financial Innovation (“FinHub”), […]
The Monetary Authority of Singapore (MAS) announces that the first industry pilot under MAS’ Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades. More industry pilots have been launched to test the application of asset tokenisation and DeFi across a broader range of use cases […]
UBS AG has just priced its inaugural senior unsecured digital bond, a 375 million Swiss franc-denominated three-year bond with 2.33% coupon (ISIN: CH1228837865). The digital bond has the same instrument structure, legal status and rating as a traditional UBS AG senior unsecured note but is the first ever digital bond by a banking institution globally […]
