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#Cryptocurrencies #Blockchain #business #Digitalasset Crypto Firms Eye Custody Market as Institutional Adoption Grows: To satisfy the need for digital asset storage by institutions, Fireblocks and Taurus crypto firms are expanding their service offerings. The integration of conventional financial products with cryptocurrencies is propelling North American crypto firms to focus on storing digital assets for institutional clients. Two of the most recent infrastructure providers seeking to expand their custodial […] The post Crypto Firms Eye Custody Market as Institutional Adoption Grows appeared first on Coinscreed.

🚀 The top 5 #assettokenization platforms are revolutionizing how financial institutions manage and trade assets. These platforms offer robust infrastructure, allowing big players to adopt plug-and-play technology for asset tokenization, enhancing efficiency, liquidity, and transparency. 1️⃣ Zoniqx (Formerly Tassets) 2️⃣ Tokeny Solutions 3️⃣ Securitize 4️⃣ tZERO Group, Inc. 5️⃣ Polymath 💹 As #blockchain technology continues to penetrate the financial sector, these platforms are at the forefront, providing the tools necessary for institutions to navigate the new digital asset landscape. Read the full article here for all the insights: https://lnkd.in/e2sXhxVc

New Post: Goldman Sachs, BNY Mellon, and Additional Firms Pilot Blockchain Technology for Asset Tokenization - https://lnkd.in/g_e7nik4 -\[POST_IMAGE\] #cryptonewsbytes #cryptocurrency #crypto #cryptonewsbytes #bitcoin #ethereum #eth #btc

📈 The world of #crypto exchanges has evolved immensely since 2010, with constant market shifts and regulatory changes. With the finance industry predicting that 10% of assets will be tokenized by 2030, the opportunities for growth are incredible! 🌐 #Ripple’s new custody guide is here to support exchanges in building 👉institutional-grade digital asset custody solutions, helping them navigate challenges and unlock massive potential across tokenization, stablecoins, and more. Secure custody options aren’t just about security—they're vital for compliance, transaction efficiency, and 👉building trust with institutional investors. 🚀 As digital assets go mainstream, integrated, bank-grade custody infrastructure is set to transform financial services. 📲 Ripple Custody’s comprehensive platform provides exchanges with everything they need to manage assets securely, drive revenue, and stay compliant across jurisdictions. Check out Ripple’s guide to see how exchanges can position themselves at the forefront of this next wave of digital asset innovation! 💼

Zodia Custody Gains $4 Billion Backing, Joins Hands with Deribit for Institutional Crypto Access Zodia Custody just joined hands with the famous crypto exchange, Deribit. This collaboration is expected to empower institutional clients to have access to market derivatives liquidity while maintaini Author: Rameesha Roy https://lnkd.in/e652AgPE #Cryptocurrency #cryptoderivatives #cryptotrading #deribit #zodiacustody

#StandardChartered is breaking new ground in the world of #cryptocurrency with the launch of its innovative digital asset platform. Designed to bridge the gap between traditional financial systems and the rapidly evolving #crypto market, the platform offers advanced trading solutions, secure custody, and a suite of services tailored for institutional investors. With a focus on compliance and cutting-edge technology, Standard Chartered aims to set new standards in digital finance. Read full story: https://lnkd.in/g5G4ubuG

Secure, Compliant but Flexible: FinchTrade announces its integration with Fireblocks 🤖. The aims of the collaboration are: - enhancing FinchTrade's service offering in the crypto settlement, - aligning with industry regulations, and - adding to FinchTrade's list of services non-custodial asset custody 🙈. Learn more: https://lnkd.in/dgTGCwWa Kudos to Younes Sebti Michael Parsons Tim Bruenjes and Haran Shaleve for making this happen. 💪 #digitalassets #cryptocustody #blockchain

Global Digital Finance (GDF) unveils insights in its fifth annual report, 'Scaling for Success in 2023.' Leaders like CCData, Crypto.com, and Standard Chartered share perspectives on the rise of asset tokenisation. As we step into 2024, the focus shifts to building scalable, standardised infrastructure for seamless communication and data sharing across capital markets. The spotlight is on custody services, emphasising compliant platforms, robust governance, and blockchain agnosticism. #Finance #Tokenisation #GDFReport #DigitalAssets #Blockchain

Real-world asset (RWA) tokenization has become the top-performing crypto sector, outperforming major sectors like Ethereum (ETH) and Bitcoin (BTC). Regulatory hearings emphasized the potential for broader adoption of tokenization in financial markets. #rwa #digitalassets #tokenization #assettokenization FSV Labs https://lnkd.in/d-pJAsH9

"The Token Revolution: How Banks are Embracing Blockchain for Asset Management"Once viewed skeptically by the traditional banking sector, blockchain technology is now at the forefront of a major shift in financial asset management. This change is largely driven by the process of "tokenization," where real-world assets like stocks, bonds, and even real estate are converted into digital tokens on a blockchain, representing ownership in a way that is secure, transparent, and easily transferable.The allure of tokenization for banks lies in its promise to streamline and economize the trading process. By converting assets into tokens, transactions can bypass the typical delays and intermediaries involved in clearing and recording trades across multiple systems. This not only speeds up the process but also allows for trading outside of standard market hours, making the financial markets more accessible. Additionally, tokenization could significantly lower the costs associated with holding and trading assets, presenting a democratized vision of finance that was initially envisaged by the creators of cryptocurrency.Major financial institutions are now experimenting with and implementing blockchain technology. For example, BlackRock Inc. has pioneered a tokenized mutual fund that operates on the public Ethereum blockchain, enabling around-the-clock transfers among pre-approved investors. Similarly, JPMorgan has delved into the creation of deposit tokens, which represent bank deposits, showcasing the broad potential for tokenization across various asset classes.Despite the enthusiasm, the journey toward widespread tokenization faces regulatory and technical challenges. U.S. banking regulators have yet to fully endorse new innovations like deposit tokens, citing concerns over potential implications for financial stability, such as the risk of accelerated bank runs facilitated by programmable tokens. Furthermore, the transition from traditional record-keeping systems to blockchain introduces complexities, particularly in ensuring interoperability among the private blockchains developed by different banks.As financial giants pour resources into blockchain technology and tokenization, the question is not if but when these challenges will be overcome. The potential benefits—increased efficiency, reduced costs, and broader access to financial markets—are too significant to ignore. The future of finance may well be tokenized, representing a radical shift in how we think about ownership, value, and the mechanisms of trading.#Blockchain #Tokenization #Finance #DigitalAssets #Cryptocurrency #BankingInnovation #Fintech #AssetManagement #FinancialMarkets #Regulation