In a significant leap towards financial innovation, the Philippines is set to introduce tokenized treasury bonds, marking a historic move to bolster its domestic debt market. The Bureau of the Treasury has confirmed the issuance of at least 10 billion pesos ($179 million) worth of one-year tokenized bonds. The decision to cancel the scheduled regular […]
Ultra-efficient portfolios of traditional and alternative investments powered by tokenization Onyx by J.P. Morgan and Apollo Global Management have unveiled a proof-of-concept (PoC) under the Monetary Authority of Singapore‘s Project Guardian. This initiative, detailed in J.P. Morgan’s “Future of Wealth Management” report, sets out to transform the asset and wealth management industry by introducing ultra-efficient […]
Asset management firm Superstate has successfully closed the first round of its Series A financing, securing $14 million in capital. The funds will be utilized to expand the team, introduce private funds to institutional investors, and establish a framework for compliant, tokenized, publicly registered investment funds. The Series A round was co-led by Distributed Global […]
