Kazakhstan launches Central Asia’s first Solana Economic Zone, targeting tokenization, Web3 education, and regulated blockchain startups. Institutional Push and Web3 Growth Bolster Solana’s Regional Role Kazakhstan has officially launched the Solana Economic Zone Kazakhstan (SEZ KZ), marking Central Asia’s first blockchain-powered economic zone. Announced in Astana, this initiative is a partnership between the Solana Foundation and Kazakhstan’s Ministry of Digital Development, Innovation, and Aerospace Industry. The economic zone is designed to attract global blockchain startups, foster education in Web3 technologies, and enable institutional pilots in tokenized finance. The launch demonstrates Kazakhstan’s commitment to becoming a leader in regulated digital finance…
Author: Tokenized Toast Club
Deutsche Bank Singapore has developed a tokenized fund project with Memento Blockchain and Interop Labs, the founder of Axelar Network’s blockchain interoperability protocol. The collaboration, which began several years ago, recently produced an interim Lite paper outlining their DAMA 2 (Digital Assets Management Access) initiative within Singapore’s Project Guardian sandbox. The project tackles fundamental barriers that have hindered blockchain adoption in asset management, with usability emerging as the central objective. The team has focused on resolving privacy concerns, transaction finality issues, blockchain fragmentation, and the complexity of cryptocurrency mechanics like gas fees. Balancing regulation with decentralization The initiative highlights an ongoing tension between regulatory requirements and blockchain principles. While…
Plume, the RWAfi Chain, which is based on the decentralized finance (DeFi) space, has unveiled today its incorporation with Blocksense Network to make real-world asset (RWA) data verifiable and directly on-chain. This integration will remove the off-chain uncertainties typically encompassing tokenizing real-world resources and allow a smooth, regulated, and un-flashy affair to be had by users and builders in DeFi. 1/ Another DeFi primitive backed by verifiable data.@plumenetwork is using Blocksense price feeds on their modular full-stack RWA chain, built to bring real-world assets fully on-chain. From tokenized treasuries to compliant DeFi infra, Plume is making RWA-native chains real.… pic.twitter.com/52kMyIbxLB…
In March, the Intercontinental Exchange (ICE) announced a collaboration with Circle to explore using its USDC stablecoin and its recently acquired Hashnote USYC tokenized money market fund. One of the aims is to use them as collateral in its derivatives exchanges and clearing houses. ICE owns the New York Stock Exchange and operates several clearing houses around the world. Chris Edmonds, the group’s President of Fixed Income and Data Services, recently discussed stablecoins and tokenized collateral with Smartbrief. Given the company’s interest in using stablecoins as collateral, he said that ICE had done some advocacy to influence the GENIUS and STABLE Act, so there wasn’t “a delta…
DMCC partners with AQUA-INDEX to launch first digital token backed by freshwater resources. The token enables transparent trading and delivery of verified drinking-quality water globally. Partnership aims to create a regulated water market addressing scarcity and supply challenges. Dubai’s DMCC, a leading international business district focused on global trade, has formalized a partnership with AQUA-INDEX, a company specializing in water commodities trading. The partnership aims to introduce the world’s first digital asset token directly backed by verified freshwater resources. This initiative aims to create a new, tradable commodity class for water, addressing issues of scarcity and transparency in the global…
The Securities and Exchange Commission (SEC) posted a memo yesterday detailing a meeting between its Crypto Task Force and JP Morgan. While the task force primarily handles cryptocurrency issues, it also oversees tokenization matters that increasingly affect traditional finance (TradFi) companies. JP Morgan’s meeting agenda revealed three key discussion points: an overview of its existing digital finance services, including repo solutions and debt platforms, an analysis of how capital markets activity might migrate to public blockchains, and plans for future regulatory engagement. The discussion likely centered heavily on tokenized collateral, an area where multiple regulators are actively involved. The CFTC is currently running tokenized collateral pilots…
Tokenization specialist Global Settlement said the deal marks the first fully tokenized capital stack for an operational energy asset. What to know: A $75 million acquisition of an operating oil and gas facility in Latin America was completed using tokenized debt and equity. The deal was facilitated by real-world asset specialist Global Settlement’s GSX Protocol for energy operator Feniix Energy. Tokenization is increasingly seen as a transformative force in capital markets, simplifying cross-border transactions with faster settlements. The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt…
Ondo Finance has unveiled the Global Markets Alliance, a new industry coalition uniting leading wallets, exchanges, and custodians to create shared standards and infrastructure for tokenized real-world assets (RWAs). Founding members include the Solana Foundation, Bitget Wallet, Trust Wallet, Rainbow Wallet, Jupiter, BitGo, Fireblocks, 1inch, and Alpaca. The alliance aims to accelerate the adoption of tokenized securities by standardizing technical and compliance frameworks, enabling cross-platform interoperability, and improving access and liquidity for investors globally. The announcement comes ahead of Ondo Global Markets, a forthcoming platform that will allow non-U.S. users to gain direct on-chain exposure to U.S. public securities—such as stocks, ETFs, and mutual…
Coinbase is seeking a green light from the U.S. Securities and Exchange Commission to offer “tokenized equities” to its customers, the crypto exchange’s chief legal officer told Reuters. If granted, the move would allow Coinbase to effectively offer stock trading via blockchain technology, placing it in direct competition with retail brokerages such as Robinhood and Charles Schwab, and could open a new business segment for Coinbase. The concept is a “huge priority,” said Paul Grewal, Coinbase’s chief legal officer. Tokenizing equities is a process in which shares of a company are converted into a digital token, similar to how cryptocurrencies are…
XDC Network is a business-class, permissionless, hybrid blockchain aiming to redefine trade finance and the tokenization of RWAs (real-world assets). On the other hand, Archax is an institutional-focused exchange designed for trading asset-backed tokens like security tokens, digital securities, and many more. The collaboration of these two firms represents a significant move to bridge traditional finance with the Web3 landscape, especially in the sector of RWA tokenization and compliant digital securities. XDC Launches Tokenized Products on Archax With this partnership, XDC Network has integrated its business-class blockchain architecture for custody, trading, and issuance of tokenized assets on Archax’s regulated institutional-focused…