Pi Network is ramping up its commitment to practical crypto use cases with a major funding initiative aimed at accelerating ecosystem growth. The team behind the mobile-first blockchain project has launched a $100 million venture capital fund targeting early-stage startups focused on building real-world utility with Pi Coin. The newly established entity, Pi Network Ventures, will oversee the deployment of the fund, which includes a combination of U.S. dollars and Pi Coin sourced from the Pi Foundationâs reserves. According to the foundation, the initiative will back companies from seed stage to Series B and beyondâespecially those working in blockchain, artificial intelligence, and e-commerce…
Author: Tokenized Toast Club
21X, the first licensed DLT trading and settlement system (DLT TSS) in Europe, and ZĂŒhlke, a global innovation and transformation partner, today announced a strategic partnership aimed at accelerating the adoption of tokenized securities trading among institutional clients. This collaboration leverages 21Xâs groundbreaking DLT TSS and ZĂŒhlkeâs deep expertise in financial technology and digital asset ecosystem to enable banks, brokers, financial institutions, custodians, and stablecoin providers to seamlessly integrate with 21X. Under the agreement, ZĂŒhlke will serve as an official implementation partner of 21X, providing consulting and technical integration services to facilitate client onboarding and optimization of their trading experience.…
Key Takeaways On May 8, 2025, in a speech addressing regulators and legal professionals, U.S. Securities and Exchange (SEC) Commissioner Hester Peirce endorsed a âregulatory sandboxâ environment in the context of tokenization of securities (i.e., converting traditional securities into digital tokens that can be traded on a distributed ledger technology (DLT), like a blockchain), that would allow firms to innovate in a live, but controlled, environment. Commissioner Peirce previewed a potential conditional exemptive order currently being considered by the SECâs Crypto Task Force, which would allow firms to use DLT to issue, trade, and settle securities. Conditions may include (1)…
Uzbekistan has launched a pilot for a blockchain-based token, HUMO, pegged to sovereign bonds and aimed at creating innovative methods of attracting foreign investment, simplifying domestic and international payments, increasing transparency of financial transactions, and establishing an even more attractive investment environment. Asset-Backed Stability Pegged to UZS The HUMO token will be backed by sovereign bonds, with its value directly linked to the Uzbekistani Sum. By tying the token to real-world assets and removing speculative elements, the pilot seeks to demonstrate a viable model for state-backed tokenization. Unlike conventional crypto assets, HUMO operates within Uzbekistanâs existing legal framework, offering regulated exposure to…
The tokenized U.S. Treasury fund was developed with tokenization firm Securitize and has launched on the Avalanche, BNB Chain, Ethereum, and Solana networks. What to know: VanEck has launched its first tokenized fund, the VanEck Treasury Fund (VBILL), offering on-chain access to short-term U.S. Treasury debt across multiple blockchain networks. VBILL requires a minimum investment of $100,000 on most blockchains and $1 million on Ethereum, with assets held by State Street and priced daily using Redstone’s oracle service. Tokenization of assets like U.S. Treasuries is growing rapidly, enticing global asset managers with operational efficiency and faster, cheaper settlements. Asset manager…
Dubai said the partnership will go a long way to achieve its goal of getting 90% of financial transactions fueled by cashless technology by 2026. The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubaiâs cashless strategy, which hopes to foster the cityâs transition to âa fully digital, cashless society,â by introducing âa new digital payment channel across its official platforms,â the Dubai Department of Finance (DOF) said on May 12. Once the service goes live, individuals and…
For investors on a budget, tokenization offers a chance to tap Dubaiâs growth With real estate tokenization going live in Dubai, investors have a chance to get into property assets piecemeal rather than go in for the whole thing. Are you an investor in Dubaiâs property market? And in stocks on Dubai Financial Market? Now, a third option is opening for investors and which promises to bring together the best of both worlds. This is where the tokenization of property assets will lead up to â and in ways that will create more growth chances for the wider industry. At…
GCL Energy Technology Co Ltd, a frontrunner in China’s renewable energy sector, showcased its innovative fusion of blockchain technology and green asset digitization at the recently concluded “RWA REAL UP Summit 2025”. Hosted by Ant Group’s digital arm Antchain, the Dubai event convened global investors, Web3 innovators, and energy leaders to explore blockchain solutions for real-world asset (RWA) tokenization. Chen Shen, general manager of GCL Energy Tech’s Capital Management Department, announced the company’s milestone collaboration with Antchain in December 2024 to launch China’s first photovoltaic (PV)-asset-backed RWA project, valued at over 200 million yuan ($27.6 million). This initiative transforms operational…
Real-world assets (RWAs) are rapidly moving onchain, with over $22.3 billion in tokenized RWAs now deployed across more than 10 blockchains, including Ethereum, Solana, and Ripple, according to data from rwa.xyz. The number of asset holders has surpassed 100,000, while there are currently 189 asset issuers. This marks a 7.46% increase in total RWA value in just the past 30 days. Stablecoin value onchain has also grown to $231.49 billion, held by more than 161 million users. Industry projections suggest the total value of tokenized RWAs could surge to $18.9 trillion by 2033, representing a 53% compound annual growth rate…
Chainlink, the decentralized and industry-leading oracle network for blockchains, has launched three strategic products. These products are unleashed to simplify on-chain payments and improve decentralized finance (DeFi) revenue models while fostering community engagement. Chainlink has presented Chainlink Rewards, Smart Value Recapture (SVR), and Payment Abstraction. Chainlink had three major economic product launches recently: đȘChainlink Rewards: Season Genesis launched đSmart Value Recapture (SVR) went live with @aave âïžPayment Abstraction released on mainnet Letâs break down what these mean for the growth of the Chainlink Network â pic.twitter.com/jE3EbgbdFV â Chainlink (@chainlink) May 9, 2025 By introducing these initiatives, the platform aims to evaluate its…