Deal Box, a capital markets advisory and secure token offering packaging platform, announces the launch of Deal Box Ventures, a venture arm that will invest $125M in startups that leverage foundational Web 3 technologies within five key fund areas. As the financial markets rapidly evolve and transform to include the tokenization of securities, Deal Box has become […]
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 […]
For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from […]
