RWA

Pump Fun updates terms to block UK users days after FCA warning

Pump.Fun has restricted access to users in the UK days after receiving a regulatory warning from the country’s financial watchdog. The decision comes after a Dec. 3 warning from the UK’s Financial Conduct Authority (FCA), which flagged the Solana-based memecoin launchpad for potentially offering financial products without authorization. In compliance with UK regulations, Pump.Fun updated its terms of service on Dec. 6 to exclude British users....

Ethereum climbs 28% against Bitcoin since November as it hits $4,000

Ethereum has recovered most of its losses against Bitcoin since November, gaining 28% to 0.04 BTC from a low of 0.0322 on Nov. 21. Ethereum also broke $4,000 for the first time since February, currently sitting at $4,009, as of press time. Trading data showed marginal shifts day-over-day, with the rate moving from 0.03805 BTC on Dec. 4 to 0.0388 BTC on Dec. 5, marking...
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BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a...

Deutsche central bank joins Singapore’s Project Guardian to advance tokenization, digital funds

The German central bank (Deutsche Bundesbank) has joined Project Guardian, a Singapore-led initiative pushing to reshape global capital markets through asset tokenization. The Monetary Authority...

Tether proposes boron-backed tokens to revolutionize Turkey’s commodity market

Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70%...

BIS urges caution as finance industry embraces asset tokenization

The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns over governance,...

Securitize taps Wormhole to boost cross-chain tokenization for institutional assets

Securitize has partnered with Wormhole Foundation to enable cross-chain interoperability for all assets tokenized on its platform, according to a Sept. 20 announcement. The partnership...

Swift unveils global infrastructure to streamline tokenized asset transfers

Swift announced a new initiative on Sept. 11 to streamline global transactions and enable its members to use their Swift connection for transactions involving...

Hong Kong’s Project Ensemble Sandbox explores future of tokenized finance

The Hong Kong Monetary Authority (HKMA) has introduced the Project Ensemble Sandbox, an initiative designed to test tokenization use cases across various asset classes...

Aave Labs unveils plan to stabilize GHO with BlackRock’s BUIDL shares

Aave Labs proposed an update to its GHO Stability Module (GSM) on Aug. 26, which involves using BlackRock’s tokenized fund BUIDL’s shares to help...

Ripple invests $10 million in tokenized US T-bills through OpenEden

Ripple has announced a $10 million investment in tokenized US Treasury bills (T-bills) through OpenEden, a tokenization platform expanding to the XRP Ledger (XRPL),...

21co analyst sees tokenized US treasuries hitting $3 billion by year-end

21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and...

Goldman Sachs eyes tokenization projects for institutional clients by year-end

Goldman Sachs is preparing to launch three tokenization projects by year-end for major institutional clients, the firm’s global head of digital assets, Mathew McDermott,...

stUSDT Published Security Audit Report By ChainSecurity and Whitepaper

Singapore – July 9, 2024 – stUSDT has announced a partnership with leading security audit firm ChainSecurity, which conducted a comprehensive security audit of...