BounceBit’s Post

Tokenized real-world assets are coming to Celo, beginning with a $1M allocation in U.S. Treasuries via Centrifuge! We're happy to have Celo as a strategic partner. Together, we're building a new economy unlocking better capital access for all. Celo ecosystem members will allocate to the Anemoy Liquid Treasury Fund on Centrifuge. Anemoy is a web3-native asset manager that prioritizes a robust, compliant legal structure — and uses Centrifuge's fund management platform to operate fully onchain. Read more in our press release! https://lnkd.in/eMee-XWC

📰 Forbes reports on BlackRock’s foray into tokenization: BUIDL attracted “$240M in deposits during its first week, with Ondo Finance contributing a sizable portion.” 🙌 Ondo Finance has contributed $221M or approximately 48% of the Total Value Locked (TVL) driven by demand for $OUSG after rolling out new enhancements like 24/7 Instant Mints and Redemptions! 🙏 Thanks for the mention Natalia Karayaneva. Full article here: https://lnkd.in/gxg_nKjx

Tokenization in the fund industry: why it is the future but not yet the present, and a possible solution. My latest article on Fundiligence. Tokenization has the potential to revolutionize Luxembourg’s financial services sector and offering opportunities for fractional ownership, operational efficiencies, and liquidity. However, under the current regulatory framework, these benefits remain largely more theoretical than practical for the Luxembourg’s fund industry. In this article, I analyze three key use cases - RAIFs, UCITS funds, and real estate assets and a potential solution - to understand the opportunities and challenges of tokenization.

Next step in our mission to provide tailored solutions to our clients so they can fund, grow, and protect their businesses for the long run.

Interest continues to grow around #tokenisation. Janus Henderson is now testing the waters by taking over the Anemoy fund (an on-chain Treasury product) following BlackRock, Fidelity & Franklin Templeton who already offer tokenised money market or Treasury funds. We've done a lot of work in this space so come and talk to us about tokenisation-in-a-box considering the full op model from risk/tax/regs/processes/tech perspectives. #assetmanagement #innovation Amarjit Singh 💙 Chen Zur Robin Kennedy Arwin Holmes

this is the beginning of the tokenization of the capital markets , no more paper certificates at clearing agents / transfer agents / dtc / dwac etc ... people will own stock via NFTs in crypto wallets 🔐 #blackrock #defi #stockmarket

Curious about the potential of Digital Exchange Traded Products for investors? 🤔 Check out the article by Bruce Jackson for insights on diversifying portfolios and tapping into emerging market trends! 🟠 Read the article by Bruce Jackson, Chief of Digital Asset Funds and Business: https://okt.to/H36qys #Investing #DigitalAssets #ETFs #Investors #FinancialServices #Digitisation #digitalas #digitalassets #HedgeFundsManagers #cayman #caymaislands #Bermuda #WeAreApex #ILS #insurancelinked #InsuranceLinkedSecurities #hedgefunds #Tokenisation #tokenization #HedgeFund #PortfolioDiversification

On July 3, Sygnum Bank announced it is working with Chainlink Labs and Fidelity International, an investment management firm and Bitcoin ETF issuer, to bring Net Asset Value (NAV) data — the calculation of an investment fund’s value — on-chain. The data will power Sygnum’s tokenized offering of Fidelity International's Institutional Liquidity Fund, a fund investing in AAA-rated investments with $6.9 billion in assets. In March, Matter Labs, the company behind ZKsync, a top Ethereum scaling solution, allocated $50 million of the company’s treasury reserves to the fund via Sygnum. NAV data is a critical layer of the traditional fund industry, and bringing this data on-chain portends greater adoption. Chainlink’s cross-chain interoperability protocol (CCIP) has also formed a key component of tokenization pilots launched by the likes of BNY Mellon, Citi, BNP Paribas, ANZ Bank, Lloyds Banking Group, and SIX Digital Exchange. The value of tokenized US treasuries, bonds, and cash equivalents has grown 120% YoY and is currently at $1,77B. #allassetsonchain #tokenization #rwas https://lnkd.in/ebCSCSaU

"The fund comprises part of abrdn’s £3.8 billion US dollar Liquidity Fund (Lux) fund and represents the first tokenized money market fund on the XRPL, further establishing it as one of the leading blockchains for real-world asset (RWA) tokenization and institutional decentralized finance (DeFi)." https://lnkd.in/eV6k2vav

Zodia Custody secures major ETP partnership with ETC Group 💥 We're thrilled to announce a strategic partnership with ETC Group, a leading provider of digital asset Exchange Traded Products (ETPs) in Europe. This collaboration will see a significant migration of assets from ETC Group's products, including the recently launched ETC Group Ethereum Staking ETP (ET32). “With the digital asset ETP market accelerating at great speed, it is essential that we are able to provide investors with the best possible custody solutions. We see Zodia Custody as a new benchmark,” said Tim Bevan, CEO ETC Group. “As our ETPs unlock a whole new level of institutional interest, it is essential that our ecosystem can provide the level of robustness required. With a banking heritage and digital asset native approach, we can deliver this confidently through Zodia Custody.” “This partnership is a true endorsement of our approach and philosophy for the institutional future of digital assets,” said Julian Sawyer, CEO Zodia Custody. “We have delivered the robust infrastructure needed to move digital assets into the mainstream for institutions — and our partnership with ETC Group shows that work is paying off." This partnership is a testament to our commitment to building the future of digital assets with secure and connected custody solutions. #ZodiaCustody #ETCGroup #ETPs