The Hong Kong Monetary Authority (HKMA) has officially launched the Project Ensemble Sandbox, a groundbreaking initiative to advance the tokenization of assets in Hong Kong. This project is a key element of Project Ensemble, HKMA’s wholesale central bank digital currency (wCBDC) venture, aimed at supporting the development of the tokenization market. Launched in March 2024, […]
AlphaPoint, a global provider of digital asset infrastructure, has announced a partnership with the Polymesh Association to improve the process of asset tokenization. The collaboration will introduce a streamlined tokenization solution via an easy-to-use API, designed to serve exchanges, brokerages, payment networks, and banking institutions. The partnership is supported by a grant from the Polymesh […]
State Street, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the regulatory environment in the […]