Hong Kong-based First Digital, a prominent player in digital asset custody and trust services in Asia, proudly announces that its stablecoin, First Digital USD (FDUSD), has achieved a significant market capitalization of US$1 billion. This milestone underscores FDUSD’s rapid and widespread adoption within six months of its listing, establishing itself as Hong Kong’s inaugural truly […]
In a collaborative effort, Cashlink, FinPlanet, and Porsche Consulting have conducted a comprehensive study to analyze the potential cost savings achievable through the implementation of Distributed Ledger Technology (DLT) in the capital market. The study, which presents a unified perspective, compares the costs associated with a conventionally issued bearer bond to a crypto security as […]
RedSwan CRE, a pioneering player in the tokenization of real-world assets (RWA), reached a significant milestone on September 21st, 2023, by securing an exclusive assignment to tokenize and distribute a $4 billion real estate portfolio onto the blockchain. The Houston-based tokenization firm, known for its leadership in bringing quality real estate investment opportunities to the […]
