In the realm of finance, rare are the moments that beckon a seismic shift—a confluence of innovation and opportunity that promises to redefine the landscape. The tokenization of real-world assets (RWA) stands at this crossroads, heralding a transformative era for both decentralized finance (DeFi) and traditional finance (TradFi). As w witness this pivotal juncture, akin […]
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 […]
The INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced today that Republic, a global financial firm operating a digital merchant bank and a network of investment platforms, has entered into an agreement with INX (the “Investment Agreement”) pursuant to which it will invest US$5.25 million in INX at an approximate US$50 million pre-money valuation (the “Transaction”). […]