Three UK financial leaders – Lloyds Banking Group, Aberdeen Investments, and regulated digital exchange Archax – have successfully executed the nation’s first institutional transaction using tokenized assets as collateral for foreign exchange trades. The pilot utilized Tokenized shares from Aberdeen’s money market fund (tMMF) and Digital UK government bonds as collateral for FX transactions, with Archax providing FCA-regulated issuance and custody on Hedera Hashgraph’s enterprise blockchain. The UK engages in $5.4 trillion worth of foreign exchange and interest rate derivatives each day, representing 50% of worldwide activity. This trading activity highlights that regulated digital assets can be utilized as collateral…
Author: Tokenized Toast Club
Andrew Bailey, the Governor of the Bank of England, has expressed concerns regarding the increasing prevalence of stablecoins, aligning himself with a growing cohort of European officials who share similar apprehensions. Andrew Bailey, the Governor of the Bank of England (BOE), has recently expressed concerns regarding the issuance of stablecoins by banking institutions. He advocates for the BOE to prioritize the tokenization of deposits instead. In an interview with The Sunday Times, Bailey articulated that stablecoins pose systemic risks to banking entities, which could potentially destabilize the broader financial system and undermine the ability of sovereign governments to maintain control…
The Dubai Financial Services Authority (DFSA) has granted regulatory approval for the first tokenized money market fund in the Dubai International Financial Centre (DIFC). The QCD Money Market Fund (ticker: QCDT) is being launched by DMZ Finance in partnership with Qatar National Bank (QNB), the leading banking group in the Middle East and Africa. DMZ Finance will provide the tokenization technology that supports this new fund. Silas Lee, the CEO of QNB Singapore, referred to the initiative as a significant step forward for QNB’s digital asset strategy. He stated, “QCDT is not only the first DFSA-regulated tokenized money market product…
Real estate has traditionally been viewed as a highly stable and profitable investment option. Yet, for many investors, it has often been inaccessible due to its illiquidity, high costs, and overwhelming paperwork. However, this situation is rapidly evolving. rootVX announces its partnership with Ryzer, the first blockchain platform in India that enables investments in commercial rental properties, solar infrastructure, invoice discounting, and startup equity through fully regulated fractional security tokens. With the Ryzer app, retail investors can now: Browse curated high-yield assets Buy fractional tokens backed by real, income-generating assets Earn passive rental income distributed via smart contracts Sell, swap,…
Hong Kong’s recent Policy Statement 2.0 on Digital Assets Development highlights RWA (Real World Assets) as a strategic priority, identifying blockchain integration as a catalyst for traditional industries. Tianci International (CIIT), recognizing this pivotal shift, has positioned itself at the forefront of applying these innovations to shipping logistics to unlock new growth avenues. To investigate this new integration model, Tianci has recently held a series of seminars focused on ‘RWA and Shipping Logistics Business’. These conferences brought together top experts and industry leaders from shipping, finance, blockchain technology, and other sectors to discuss the potential of blockchain technology and the…
On Thursday, Australia’s central bank announced significant progress towards developing a wholesale central bank digital currency (CBDC) in collaboration with various industry partners, marking the first time real money and assets are being utilized in projects. The Reserve Bank of Australia (RBA) revealed its “Project Acacia,” which will explore 19 pilot cases involving actual money and assets, along with five proof-of-concept scenarios featuring simulated transactions. These trials will cover various asset classes, such as fixed income, private markets, trade receivables, and carbon credits. The proposed settlement assets include CBDCs, stablecoins, bank deposit tokens, and innovative methods for utilizing commercial banks’…
Circle, the issuer of the USDC stablecoin, has teamed up with the prominent cryptocurrency exchange OKX to enhance liquidity for converting USDC to US dollars. As part of this new collaboration, OKX is introducing zero-fee conversions between USDC and USD, as announced in a joint statement on Wednesday. Kash Razzaghi, Circle’s chief business officer, highlighted that the key development allows users to easily convert USD to USDC and vice versa directly on the OKX platform, creating a smooth and transparent experience for on and off-ramping. Jason Lau, OKX’s chief innovation officer, noted that the improved USDC liquidity leverages OKX’s strong…
Aptos has cemented its position as a leading blockchain for real-world asset (RWA) tokenization, recording a remarkable 56% increase in total value locked (TVL) over the past month. The network now holds $538 million in tokenized RWAs, surpassing competitors to become the third-largest RWA blockchain behind only Ethereum and ZKsync Era. Key Growth Drivers Private Credit Dominance: $420 million in tokenized private credit (78% of Aptos’ RWA TVL) Institutional-Grade Assets: $86.93 million in U.S. Treasury notes $30.72 million in alternative institutional funds Rapid Ecosystem Expansion: Outpacing established DeFi chains in adoption rate Market Position and Trajectory Aptos’ technical infrastructure and…
BIMA, a newly established DeFi ecosystem centered on Bitcoin-backed stablecoins and yield strategies, has announced a collaboration with Bracket, a DeFi strategy platform supported by Binance Labs. This partnership will introduce a new range of “real-yield” vaults for USBD, BIMA’s Bitcoin-backed stablecoin. With this integration, BIMA users will have easy access to actively managed, on-chain yield strategies while remaining within the Bitcoin ecosystem. Bracket’s secure, policy-controlled vault infrastructure will act as the backend for these vaults, allowing BIMA to concentrate on increasing USBD liquidity and enhancing its utility across different chains. USBD is a capital-efficient stablecoin that is over-collateralized with…
Gold has endured empires, currencies, and economic crises – yet its most revolutionary evolution is occurring not in vaults, but on blockchain networks. Through smart contracts and programmable digital assets, gold is being reimagined for the modern financial landscape. rootVX announces its strategic partnership with ComTech Gold, a pioneering platform transforming global access to this timeless asset. By integrating with the rootVX ecosystem, ComTech Gold is accelerating this transformation with enhanced security, scalability, and interoperability. Gold’s Resurgent Market Position Current macroeconomic conditions are driving renewed interest in gold as a stable store of value: J.P. Morgan forecasts gold prices averaging $3,675/oz…