Abu Dhabi-based companies Realize and Neovision Wealth Management have introduced the Realize T-BILLS Fund, a new investment vehicle designed to tokenize U.S. Treasury-focused exchange-traded funds (ETFs). The fund will acquire units from BlackRock’s iShares and State Street’s SPDR ETFs, converting them into digital tokens for storage, trade, and transfer on blockchain networks. The Realize T-BILLS […]
Ripple, a provider of enterprise blockchain and crypto solutions, has partnered with OpenEden, a tokenization platform, to introduce tokenized U.S. Treasury bills (T-bills) on the XRP Ledger. This initiative makes short-term U.S. government debt available in tokenized form on the blockchain. Ripple will invest $10 million into OpenEden’s TBILL tokens through a newly created fund. […]
Original story published by Krisztian Sandor from CoinDesk. In a significant move for the decentralized finance (DeFi) space, MakerDAO, the protocol behind the $5 billion stablecoin DAI, announced plans to invest $1 billion of its reserves in tokenized U.S. Treasury products. This strategic decision is expected to attract top industry players such as BlackRock‘s BUIDL, […]