HSBC announced the launch of its Tokenised Deposit Service in Hong Kong today. The new solution initially caters to corporate treasurers, enabling 24/7 transfers of Hong Kong dollars and US dollars between the wallets of clients of the Hong Kong bank. This makes HSBC the first Hong Kong bank to go live with tokenized deposits after several have been testing as part of Hong Kongâs Project Ensemble sandbox. Ant International is the first client. Ant previously piloted the platform, with its feedback helping to develop the solution, which uses HSBCâs in-house network and technologies. HSBC said the service âdrew inspirationâ…
Author: Tokenized Toast Club
Quick Take R3, the development team behind the private Corda blockchain, has tapped Solana to bring its $10 billion-plus of real-world assets issued by financial institutions onto a public ledger. The enterprise blockchain software company has clients including DTCC, Mastercard, Nasdaq, HSBC, and J.P. Morgan. R3, the development team behind the private Corda blockchain, is jumping into the public âinternet capital marketsâ game by collaborating with Solana The move marks âa new strategic direction for R3,â which will now enable its $10 billion-plus worth of real-world on-chain assets issued by asset managers, banks, and other financial services providers to trade and settle…
With tokenization projected to hit $19 trillion by 2033, central banks are bracing for a new digital reality that could disrupt existing regulatory frameworks. To preserve their roles within the financial ecosystem, central banks are adopting the latest technologies, and a recent pilot led by the Bank for International Settlements (BIS) demonstrated that smart contracts could be prime tools for regulators in a tokenized world. BIS partnered with the Federal Reserve Bank of New Yorkâs innovation center on the initiative, titled Project Pine. Other participants included the central banks of Australia, Canada, England, Mexico, Switzerland, and the European Central Bank (ECB). Project Pine developed…
The Qatar Financial Centre (QFC) is set to see tokenisation of the real estate class, in what could ensure more access and liquidity to the sector, which is reeling under oversupply, according to its top official. “The first asset class that we would like to address is real estate, as there is a lot of oversupply in the market, and it also solves a significant problem,” QFC Authority chief executive officer Yousuf Mohamed al-Jaida told the second day of the Fifth Qatar Economic Forum, powered by Bloomberg. The real estate industry is on the verge of a major transformation, supported…
Tokenized U.S. Treasuries have quietly crossed a major milestone: $7 billion in total value locked (TVL). This marks a major inflection point for real-world assets (RWAs) on the blockchain. According to Ondo Finance, a leading platform in this fast-growing space, this number is more than just a headline. Itâs a signal that tokenized financial products are moving from niche to necessary. To put it in perspective, it took stablecoins like USDC and Tether five years to hit the $7 billion mark. Tokenized Treasuries have done it in less than three. Whatâs Driving the Growth? U.S. Treasuries are considered one of the…
The Real World Asset (RWA) blockchain Ozean by Clearpool announced a strategic partnership with Brickken, an international digital asset tokenization platform. This collaboration aims to facilitate institutional access to tokenized assets by offering the infrastructure to make traditional financial products available on the chain. đ€ Ozean & @Brickken Partner to Enhance Institutional Access to On-Chain RWAs Institutional issuers building on Ozean will now be able to access Brickkenâs leading Digital Asset Platform for compliant tokenization of RWAs, equity, debt, and more. With over $300M in assets⊠pic.twitter.com/Bw3dlPSkoP â Clearpool (launching Ozeanđ) (@ClearpoolFin) May 20, 2025 The Brickken Digital Asset Platform facilitates the…
Discover how Kamino Finance is integrating Steakhouse to support risk management and expand its real-world asset infrastructure. Kamino Finance revealed Steakhouse Financial as an official risk contributor for its platform. The news appeared via an X post shared by the projectâs official account. This collaboration aims to advance Kaminoâs V2 platform across multiple core areas and accelerate RWA growth. It specifically targets lending vaults, on-chain markets, and real-world asset integrations. Steakhouse will share its expertise in product development and security monitoring processes. Readers can expect improved protocol robustness through collaborative efforts on risk mitigation. The partnership underscores the importance of…
BlackRock, the worldâs largest asset manager, has launched a new tokenized fund on Ethereum, according to a March 19 filing with the Securities and Exchange Commission. The fund, resulting from a collaboration with Securitize, aims to boost market accessibility and real-world asset tokenization. BlackRock Announces New Fund The fund called the BlackRock USD Institutional Digital Liquidity Fund, is based in the British Virgin Islands and results from a partnership with Securitize. While details regarding the fund are under wraps, the collaboration with Securitize hints at a focus on Real-World Assets (RWA) tokenization. Securitize is known for its expertise in asset tokenization.…
What to know: SociĂ©tĂ© GĂ©nĂ©raleâs crypto arm, SG Forge, is reportedly set to launch a dollar-backed stablecoin on Ethereum. The stablecoin will initially target institutional investors and leverage SG Forgeâs e-money license to operate in the European Union. The launch comes amidst growing stablecoin adoption, with banks exploring stablecoins to stay competitive with cryptocurrency-native firms. SociĂ©tĂ© GĂ©nĂ©raleâs crypto arm, SG Forge, is reportedly preparing to launch a dollar-backed stablecoin on Ethereum, making it the first global banking group to issue a public stablecoin tied to the U.S. dollar. SG Forgeâs dollar stablecoin would be publicly accessible on Ethereum, with additional…
MANTRA, the Layer 1 blockchain purpose-built for real-world assets (RWAs), has entered into a strategic partnership with WIN Investments, a fintech platform pioneering regulated sports digital assets. This partnership represents a major step in MANTRA’s expansion into the world of sport, aligning with its broader mission to tokenize RWAs with a regulatory-first approach. WIN has built a groundbreaking ecosystem that opens the door for fans and investors to participate in the global football transfer market. Through a regulated framework, WIN issues utility tokens and digital securities linked to real-world assets, including professional players and club rights. The flagship product leverages…