Ondo Finance announces the launch of a tokenized fund allowing stablecoin holders globally to invest in bonds and US Treasuries. The fund seeks to close the widening gap between on-chain and off-chain yields, a potentially attractive opportunity for investors holding more than $100 billion in stablecoins, which they currently receive no yield on. Today, crypto investors have a relatively unattractive set […]
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 […]
LedgerEdge, the next-generation ecosystem for trading, announced that it is live with the first regulated corporate bond trading platform built using distributed ledger technology (DLT), the technology underpinning blockchain ecosystems and digital markets. LedgerEdge is powered by R3’s Corda, a scalable, permissioned peer-to-peer distributed platform that supports applications which foster and deliver digital trust between […]