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 […]
Mantle, a leading DAO-led web3 ecosystem centered around Ethereum layer 2 (L2) Mantle Network, and Ondo Finance, a pioneer in institutional-grade blockchain-enabled investment products, have unveiled the USD Yield ($USDY) token within the Mantle Ecosystem. This milestone follows the introduction of the Ethereum L1 to Mantle Network L2 bridge for $USDY, marking a significant stride […]
Fireblocks, the leading digital asset platform trusted by global financial institutions, has announced its acquisition of BlockFold, a prominent smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. This strategic partnership significantly enriches Fireblocks’ tokenization capabilities, allowing the company to offer a comprehensive service layer, including advisory, token customization, orchestration, […]
