Tokenized real-world assets (RWAs) developer Backed has announced that it is bringing its products to a series of new ecosystems. Its incorporation of Chainlink price feeds has expanded the number of protocols and applications that can utilize Backed’s tokenized RWAs. The chain-agnostic design of Backed’s tokenization technology makes it compatible with any blockchain ecosystem. Backed’s […]
Today, DigiFT, a decentralised exchange (DEX) for digital assets, announced the launch of DigiFT U.S. Treasury Token (“DUST”). DUST is the first fully regulatory-compliant U.S. Treasury token issued on a public blockchain. Backed by a single U.S. Treasury note with a specific maturity date, DUST offers accredited and institutional investors an on-chain channel to invest in U.S. Treasuries, with the physical U.S. Treasuries custodised with a licensed broker-custodian in Singapore. Unlike other tokenised treasuries, DUST provides a regulated, on-chain channel for investors to invest in U.S. Treasuries with a specific […]
ELYSIA, a global project that tokenizes real-world assets using blockchain technology, and Klaytn Foundation, the non-profit entity leading the ecosystem expansion of the global Layer 1 public blockchain Klaytn, have officially partnered to drive innovation and advancement in Real World Asset (RWA) tokenization. Through this partnership, ELYSIA’s DeFi platform, ELYFI, will integrate the Klaytn network, […]