Global #Tokenization

German fintech firm 21X has secured regulatory approval from Germany's Federal Financial Supervisory Authority (BaFin) to launch a blockchain-based tokenization platform.

Ripple, in collaboration with Archax and UK asset manager abrdn, has introduced the first tokenized money market fund on the XRP Ledger.

Digital asset platform Fireblocks has signed a Memorandum of Understanding (MoU) with NongHyup Bank (NH Bank), one of South Korea’s largest financial institutions specializing in commercial credit and services for the agricultural sector.

DWF Labs, a prominent Web3 investor and crypto market maker, has joined forces with the University of California, Los Angeles (UCLA) in a groundbreaking educational initiative focused on tokenized securities.

Pump.fun, the Solana-based meme coin creator, has ignited a firestorm with its new video tokenization feature.

Singapore’s DBS Bank is making waves in the financial sector with the introduction of its new suite of blockchain-powered services aimed at institutional clients. The innovative “DBS Token Services” facilitate real-time payment settlements using the bank’s permissioned blockchain, marking a significant evolution in transaction banking.