Bitcoin falls back as tokenized stocks race towards $1 billion – Here’s why
[ad_1] Bitcoin [BTC] may set the tone for the crypto market, but tokenized stocks are building their own path. Is the category set to dominate in the near future? Tokenized stocks near $1B Bitcoin is volatile, going above $120,000 at its peak before falling back to roughly $68,000-$70,000 at the time of writing. Tokenized stocks, […]
Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi
[ad_1] Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month […]
Solana Leads Rise of Tokenized Stocks as Total AUM Cracks $1 Billion Mark
[ad_1] The Solana blockchain is the dominant force behind the exponential rise of tokenized stocks, onchain data shows. Solana and xStocks Drive the Fastest-Growing Corner of Tokenized Finance According to blockchain analytics platform Dune, the total assets under management (AUM) of all tokenized stocks is currently sitting just over the $1 billion mark, with Solana’s […]
Kraken-Backed xStocks Launches Tokenized Stocks On TON
[ad_1] Kraken-backed tokenized securities platform xStocks is launching on TON Wallet, a self-custodial wallet on the Telegram messenger. Following an initial rollout on Wallet in Telegram, xStocks is now live on TON Wallet, marking the offering’s official launch on Telegram-linked blockchain, The Open Network (TON), Kraken announced Thursday. “Launching xStocks on TON brings tokenized equities […]
Europe’s Amundi Debuts First Ethereum-Based Tokenized Fund
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure European asset manager Amundi has announced its first tokenized fund in partnership with CACEIS, running on the Ethereum blockchain. Amundi Launches Tokenized Fund On Ethereum As per an announcement on the official website, Amundi has launched the first tokenized share of […]