Ondo Finance today announced a novel token, OMMF, that allows global stablecoin holders to invest in tokenized exposure to US money market funds. OMMF will be purchasable and redeemable for one dollar and backed entirely by US government money market funds. Unlike traditional MMFs, OMMF will be globally transferable 24/7, on the Ethereum public blockchain, and compatible with on-chain financial infrastructure like […]
At The Tokenizer, we get excited every time a new report confirms our own prediction of a great future for asset tokenization. And such reports have been published steadily over the past year or more by a wide range of leading consulting firms and financial institutions. The latest one just released by Citi is no exception. […]
Archax, the FCA regulated digital asset exchange, broker and custodian, just announced the launch of its tokenisation engine – enabling the creation of tokens backed by any regulated or unregulated real-world or traditional asset. Leveraging the benefits of Web 3.0 and blockchain technology, this new service will allow Archax to roll out token representations of […]