The International Monetary Fund (IMF), the World Bank, the Bank for International Settlements (BIS), and Switzerland’s central bank have joined forces to explore the concept of tokenization. The collaboration aims to leverage tokenization technology to streamline financial processes and enhance global economic development. Tokenization involves converting traditional financial assets into unique digital tokens, enabling faster […]
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 […]
Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge […]
