This MoC comes in response to initiatives aimed at allowing digital currency payments for government fees, thereby improving the integration of public services. The Dubai Land Department (DLD) has entered into a memorandum of cooperation (MoC) with Crypto.com to create a digital investment landscape for virtual real estate assets and to investigate the use of digital currencies in the industry. According to the Dubai Media Office, the Dubai Government aims to accelerate digital transformation and enhance the emirate’s position as a global center for technological innovation and smart real estate investment. The signing of the Memorandum of Cooperation (MoC) comes…
Author: Tokenized Toast Club
Ondo Finance, a blockchain firm managing $1.4 billion in assets, has acquired Oasis Pro Markets to secure key US regulatory approvals for tokenization. The transaction grants Ondo an SEC-registered broker-dealer license, Alternative Trading System (ATS) status, and Transfer Agent registration. The company had earlier avoided the requirement for regulatory supervision by focusing on offshore investors with its USDY yield token, which provides access to short-term Treasuries. Additionally, it offers the onshore OUSG token, which is supported by tokenized money market funds. However, this token has only been accessible to accredited investors under a Regulation D Rule 506(c) exemption. Founded in…
This week, the Bank of Englandtook a notably forward-thinking approach to digital innovation, with Executive Director Sasha Mills stating that the bank would be “open-minded” regarding the use of stablecoins for wholesale transactions. This perspective stands in stark contrast to a report from the Bank for International Settlements last week, which labeled stablecoins as unreliable currency. Mills highlighted the importance of financial stability, but noted that a recent legal amendment introduced a secondary goal of innovation for the Bank, necessitating a more balanced strategy. She stated that the Bank aims to ensure “the same risk, the same regulatory outcome, while…
rootVX has partnered with BRIKitt, a cutting-edge PropTech company that is revolutionizing the fractional ownership of vacation homes in India and beyond. As an emerging leader in property technology, BRIKitt specializes in democratizing access to luxury holiday homes through fractional investment models. The company’s platform blends technical sophistication with deep real estate expertise, enabling property owners to monetize assets while offering investors simplified ownership experiences. This collaboration provides BRIKitt with access to rootVX’s advanced tokenization ecosystem, comprising the Tokenization Studio and rootChain infrastructure. rootVX’s technology facilitates the digital transformation of vacation properties into tokenized assets, representing fractional ownership and usage rights…
The Abu Dhabi Securities Exchange (ADX), the UAE’s largest exchange and MENA’s second-largest, has announced the pricing stage for the region’s first distributed ledger technology (DLT)-based bond. Issued by First Abu Dhabi Bank (FAB) using HSBC Orion, this landmark listing underscores ADX’s leadership in financial innovation and supports Abu Dhabi’s digital transformation agenda. The bond results from a strategic partnership between ADX, HSBC, and FAB, blending regional financial expertise with global digital issuance capabilities. Powered by HSBC Orion—operated by Hong Kong’s Central Moneymarkets Unit (CMU)—and structured with top international law firms, the initiative reflects rigorous governance standards. Global investors can…
JPMorgan’s blockchain and digital assets unit, Kinexys, is developing a blockchain-based system to tokenize carbon credits. The initiative aims to improve transparency and tracking from credit issuance to retirement, according to a recent report. Carbon Credits Basics A single carbon credit represents one ton of CO2 emissions reduced or offset, typically through projects like reforestation or renewable energy. Tokenization converts these credits into digital assets recorded on a blockchain, enabling secure verification and transfer. Registry Partnerships The initiative involves collaboration with three leading carbon registries—S&P Global Commodity Insights, EcoRegistry, and the International Carbon Registry—to pilot digital tokens mirroring existing carbon credits. The system will track…
Dinari, the most active issuer of tokenized U.S equities, and BitGo, the most trusted provider of digital asset infrastructure, have revealed a transformative alliance. This is an initiative that is likely to reshape how developers and fintech platforms can access and make digital assets available to their users. Today, we’re excited to announce our strategic partnership with @BitGo! Together, we will launch an integration that allows fintechs and institutions to offer tokenized equities, spot crypto, and stablecoins within a single qualified custody platform. Later this year, BitGo… pic.twitter.com/q1z8rOHDJe — Dinari (@DinariGlobal) June 30, 2025 Their partnership is to develop a…
Tether and Zanzibar signed an MoU to explore blockchain education and stablecoin use in government systems. Tether has signed a Memorandum of Understanding (MoU) with the Zanzibar eGovernment Authority (eGAZ). The agreement outlines a proposed collaboration focused on blockchain education and financial technology exploration in the region. Tether and Zanzibar eGovernment Authority (eGAZ) Sign MoU to Advance Digital Asset Education and Blockchain Adoption Learn more: https://t.co/9CRpzSOpTZ — Tether (@Tether_to) July 1, 2025 According to the MoU, Tether and eGAZ will work together on initiatives that may include educational programs related to digital assets, blockchain, and decentralized technologies. The parties intend to assess…
rootVX and Lympid have announced a strategic partnership. a next-gen investment platform dedicated to making premium Real World Assets (RWAs) accessible, tradable, and borderless through blockchain-powered tokenization. Lympid is redefining how individuals engage with high-end investment opportunities. Through regulatory-compliant tokenization and fractionalization, Lympid opens doors to a diversified set of RWAs, including: Elite horses and diversified equine portfolios Revenue-generating hotels Fine art & collectibles Prime global real estate Luxury watches Rare wines U.S. Treasuries and more These assets, once reserved for institutions and the ultra-wealthy, can now be accessed by anyone with an internet connection and as little as $30…
Multiple Korean press reports claim that the Bank of Korea is pausing its wholesale CBDC and tokenized deposit project, Project Han River, following pushback from participating banks. The seven banks involved in the experiments are simultaneously planning to issue stablecoins as part of a consortium, taking advantage of new government plans to allow broader stablecoin issuance. The six original Han River participants are KB Kookmin, Shinhan, Hana, Woori, NH NongHyup, and Industrial Bank of Korea. The first phase of tokenized deposit trials finished today, involving experiments with 100,000 people using tokenized deposits for consumers and wholesale CBDC for bank settlements. The project was scheduled to…