Matrixdock Launches XAUm: A Gold-Backed Token for Real-World Asset Tokenization

Binance Labs has strategically invested in OpenEden, marking its first investment in the tokenized real-world assets space. This partnership aims to expand access to RWA-backed yields in the DeFi ecosystem, and OpenEden plans to introduce new products and partnerships to drive growth. The OpenEden tokenized U.S. T-Bill Fund is notable for being the first tokenized T-Bill product with an 'A' rating from Moody's, making it a significant player in the RWA space.

Northern Trust has launched the Northern Trust Carbon Ecosystem, allowing institutional buyers to access digital carbon credits. The new platform, Northern Trust Matrix Zenith, integrates blockchain technology to improve transparency and reduce double counting of carbon credits. The solution, employing a permissioned version of the Ethereum blockchain, aims to support traditional and digital assets together.

Huma Finance has secured a $38 million investment to enhance its payment-financing platform that utilizes tokenized real-world assets. The investment includes $10 million in equity and $28 million in yield-bearing assets. It aims to expand operations to the Solana blockchain and Stellar's Soroban network.

Chainalysis reports that India and Nigeria lead global crypto adoption, with Indonesia showing the fastest growth, nearly doubling its adoption rate. The U.S. retains its fourth position, while Vietnam falls to fifth. The report highlights trends in decentralized finance and alternative investments driving Indonesian growth.

A new bill introduced in Parliament establishes that Bitcoin and other digital assets will be recognized as personal property, providing legal protection to owners and enhancing England and Wales' status in the global tech industry.

Standard Chartered has commenced digital asset custody services in the UAE, partnering with Brevan Howard Digital as its first client. The bank aims to attract institutional investors in a region that is increasingly becoming a hub for crypto businesses due to favorable regulations and competitive economic conditions.

ENS Labs has integrated its domain name solution into PayPal and Venmo, allowing users to transfer crypto using Ethereum Name Service (ENS) names, which reduces the risk of sending assets to incorrect addresses. This move reflects a growing interest from traditional payment platforms in cryptocurrencies.

Lofty, a decentralized platform for real estate tokenization, has achieved a record total value locked (TVL) of $37.6 million, enabling fractional ownership in rental properties and daily rent payouts. Leveraging Algorand's blockchain, Lofty lists over 100 properties, with rental yields reaching up to 31%. The platform supports purchases with ALGO and USDC, contributing to its growth amid fluctuating market conditions.

Tron, Tether, and TRM Labs have launched the T3 Financial Crime Unit to combat illicit USDT transactions by leveraging their expertise in blockchain technology and financial crime prevention, aiming to enhance safety in the crypto industry after freezing over $12 million in funds related to illegal activities.

BBVA has expanded its cryptocurrency services in Switzerland to include USD Coin (USDC), enabling clients to manage their USDC funds alongside traditional investments. This addition enhances trading operations and provides a means to hedge against cryptocurrency volatility, with USDC being a fully backed stablecoin adhering to regulatory standards. BBVA aims to offer simplified access to tokenized products for private clients and guarantee asset management for institutional clients.

Velo Labs announces that the assets backing its USDV token now include an investment in BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize. This move aims to enhance USDV's use as a primary store of value and payment method across its applications, benefitting over 1 million users in Southeast Asia. The firm continues to build connectivity within the blockchain space.

Tether's recent $100M investment in Adecoagro SA, a Latin American agricultural conglomerate, is part of a broader strategy to engage in the tokenization of real-world assets, including the launch of stablecoins represented by grain commodities.

Gleipnir, Inc. has launched a fully tokenized business structure on the Polygon blockchain, aiming to democratize investment opportunities globally. The initiative offers real ownership rights through tokenization, advanced smart contracts for transparency, and an auction mechanism for capital formation. The project accepts both digital and fiat currencies, with a goal of raising over $15 million through their Security Token Offering (STO).

India’s Ministry of Electronics and Information Technology unveiled the National Blockchain Framework enabling government departments and businesses to develop solutions, with Vishvasya providing Blockchain as a Service to facilitate rapid prototyping and smart contracts.

Libre protocol is launching a Web3 protocol on the Aptos network to enable investment funds, including notable ones from Brevan Howard, BlackRock, and Hamilton Lane, to be tokenized and accessible onchain. This initiative follows similar deployments on Solana and Near.

Malaysia has launched its first Real World Asset (RWA) project for real estate, enabling fractional property investments. The Real Lifestyle Company (TRL) will tokenize $23 million worth of properties, making real estate more accessible to both crypto-native and traditional investors. TRL’s platform offers monthly yield returns and flexibility through its asset-backed token ($TRLX).

Tokenizing trade finance assets on the blockchain may help bridge the widening trade finance gap by decentralizing transactions from banks’ control, enabling easier access to credit for SMEs and enhancing the efficiency and transparency of trade processes.

The People's Bank of China has announced a significant increase in digital RMB transactions, with volumes reaching $56 billion in a month, highlighting its use in both corporate and retail transactions. Plans for future enhancements include making it more accessible and compatible with the digital economy.

Donald Trump promises to embrace industries of the future, including crypto and AI, if re-elected as president. He pledges to make the U.S. the world capital for crypto and outlines plans to reduce regulations and boost domestic energy production during his speech at the Economic Club of New York.