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 […]
Citi has unveiled its Citi Integrated Digital Assets Platform (CIDAP), marking a significant step in the bank’s digital transformation journey. This platform leverages blockchain technology to offer secure, efficient, and innovative digital asset solutions through a single integrated system, in line with Citi’s governance and risk management frameworks. As blockchain technology is recognized for its […]
BlackRock’s tokenized fund, BUIDL, has reached a significant milestone by crossing a market value of $502.8 million, as reported by Hope from CoinMarketCap. Launched in March on the Ethereum blockchain in collaboration with Securitize Markets, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) provides institutional investors with the opportunity to earn yields on tokenized U.S. […]