In a groundbreaking move for blockchain-based finance, Securitize has partnered with Apollo Global Management and Wormhole to tokenize the $1.3 billion Apollo Diversified Credit Fund ($ACRED) and deploy it across six major blockchains, including Solana. This marks a major step forward in the integration of real-world assets (RWAs) into decentralized finance (DeFi). Bridging Traditional and Decentralized Finance The tokenization of $ACRED represents […]
21X, the first financial institution licensed to operate an EU-regulated exchange for tokenized securities, has successfully completed a proof of concept (PoC) in partnership with Dutch banking giant ABN AMRO. The collaboration marks a significant milestone in the development of blockchain-based capital markets ahead of 21X’s digital asset exchange launch. The PoC demonstrated ABN AMRO’s […]
New research issued by the CFA Institute Research and Policy Center reviews the use of distributed ledger technology to tokenize financial and real-world assets. The first of a two-part series, An Investment Perspective on Tokenization: Part I, analyses the benefits of tokenization relative to traditional practices and delivers a primer on the topic exploring how tokenization […]
