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Private equity firm Aurum Equity Partners has announced the launch of a groundbreaking $1 billion tokenized fund on the XRP Ledger (XRPL) blockchain network. Partnering with tokenization provider Zoniqx, the fund claims to be the world's first combining both tokenized equity and debt. https://lnkd.in/gjBeCTW8

In a significant move for the stablecoin space, a group of prominent cryptocurrency and financial technology companies have come together to launch a new dollar-pegged stablecoin called USDG. Robinhood | Kraken Digital Asset Exchange | Anchorage Digital | Paxos https://lnkd.in/gR6YC7Yc

In a move signaling the continued convergence of traditional finance (TradFi) and blockchain technology, Singapore-based startup Libeara has tokenized the Wellington Ultra Short Treasury Fund. The resulting Delta Wellington Ultra Short Treasury On-Chain Fund, dubbed the "ULTRA Fund", provides digital access to US Treasuries on Ethereum and other blockchains. https://lnkd.in/g3-p--vG

Gnosis DAO, the decentralized autonomous organization powering the Gnosis Chain, has taken a significant step towards accelerating the growth of the blockchain ecosystem. The DAO recently approved a proposal to launch the GnosisVC Ecosystem, a $40 million venture fund aimed at supporting early-stage projects in key areas aligned with its Gnosis 3.0 thesis. https://lnkd.in/gUKaxAw7

Tokenizing real-world assets like art, real estate, and carbon credits is set to become much easier thanks to BNB Chain's new no-code tokenization solution. Launched last week, the service provides a user-friendly interface that guides users through the tokenization process step-by-step, from asset securitization to minting tokens on the blockchain.

The tokenization of real-world assets (RWA) is rapidly emerging as one of the most transformative trends in the blockchain and finance space. Leading this revolution is VeChainOfficial, a blockchain platform that has established itself at the forefront of RWA tokenization. Its most recent notable partnerships including China Walmart BMW Group and LVMH.

The tokenized fund space is heating up as major asset managers jump on board, with UBS becoming the latest to join the fray. Late Friday, the Swiss bank with $5.7 trillion in assets under management announced the launch of uMINT, a tokenized fund built on Ethereum.

J.P. Morgan, one of the world's largest banks, has further solidified its position as a leader in blockchain technology and asset tokenization. The banking giant recently announced the rebranding of its Onyx blockchain unit to Kinexys, signaling its commitment to driving the adoption of blockchain and digital assets in mainstream finance. https://lnkd.in/gscdMadN

In a historic trading session influenced by Donald Trump's decisive electoral victory, Bitcoin surged to $89,000 before settling at $88,125 (per CoinGecko). Read our market update here: https://lnkd.in/g5ecpH63

DWF Labs, a prominent Web3 investor and crypto market maker, has partnered with the University of California, Los Angeles (UCLA) on a new educational initiative focused on tokenized securities. Read more here: https://lnkd.in/gJkKbT-G