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, […]
Zoth, a DeFi yield infrastructure company, has successfully extended its funding to $4 million in a strategic round. This investment will support the launch of Zoth’s Tokenized Liquid Note, which includes secure, low-risk assets such as U.S. Treasury Bills (T-Bills) and top-rated corporate bonds. The funding round attracted prominent investors including Taisu Ventures, G20, Fat […]
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. […]
