Jade City, a company at the forefront of jade tokenization, has successfully completed a pre-seed funding round of $300,000 and is now embarking on a seed round with a target of $1.2 million. The company plans to launch its real-world asset platform later in 2024, which will offer the first global marketplace for jade-backed digital […]
The global credit rating agency, Moody’s Ratings, has awarded an “A-bf” bond fund rating to Hill Lights International Limited – the regulated fund that issues OpenEden’s tokenized U.S. T-bills. The rating places OpenEden’s TBILL tokens within the “investment-grade” quality category. According to Moody’s Ratings and Symbols Definitions: “Money Market Funds and Bond Funds rated A … are judged to […]
Real-world asset (RWA) protocol Untangled Finance marks a significant milestone with its inaugural on-chain securitization pool on the Celo blockchain. The pool, structured under Luxembourg’s securitization laws, introduces a new era of accessibility to private credit opportunities. Untangled Finance, a leading RWA protocol, has unveiled its pioneering on-chain securitization pool on the Celo blockchain, representing […]