The INX Digital Company, Inc., a broker-dealer and inter-dealer broker, announced that it will facilitate the first security token dividend distribution on its platform using blockchain technology. HGC (BVI) Info Tech Ltd. (HGC), the issuer of Trucpal Tokens and a leading digital SaaS service provider serving the Chinese freight market, is leveraging INX’s SEC-registered Transfer […]
Societe Generale–FORGE (SG-FORGE) has granted a loan to its mother company Societe Generale to refinance covered bonds held by the bank in the form of Security Tokens issued natively on the Ethereum public blockchain (the OFH Tokens). SG-FORGE funded this loan in the crypto market by borrowing DAI stablecoins from MakerDAO, a market-leading decentralized finance (‘DeFi’) protocol. […]
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 […]