WisdomTree Launches WisdomTree Connect™ for Tokenized Real World Assets

Gold tokenization is set to launch on Cardano through a partnership between EMURGO and Kinka Gold (XNK), enabling the creation of gold-backed tokens on Cardano's blockchain. This integration promises to enhance the liquidity and utility of Cardano's DeFi ecosystem.

The Bank for International Settlements (BIS) has launched Project Agorá, a joint initiative with over 40 financial firms to explore the tokenization of wholesale cross-border payments, aiming to integrate central bank money with tokenized commercial bank deposits while addressing challenges such as regulatory and operational inefficiencies.

Circle has announced a strategic partnership with Sony Block Solutions Labs to integrate the Bridged USDC Standard on the Soneium Ethereum layer 2 blockchain, aiming to enhance decentralized technologies and provide a versatile foundation for digital transactions.

Mountain Protocol's USDM has received an upgraded rating of A- from B+ by bluechip.org, marking a significant achievement in their focus on transparency and operational efficiency.

ParaFi Capital is set to tokenize part of its $1.2 billion portfolio using the Avalanche blockchain and the Securitize platform, marking a significant step in integrating blockchain technology into asset management. The move allows for a minority stake in the firm's venture capital fund to be tokenized, enabling broader participation in investment opportunities.

Janus Henderson Group plc announces a new strategic partnership with Anemoy Limited and Centrifuge to manage Anemoy's Liquid Treasury Fund, a fully tokenized on-chain fund providing investors with access to short-term US Treasury bills.

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.

SWIFT is testing various multi-ledger settlement methods to connect fiat currencies with tokenized assets, aiming to facilitate real-time transactions for securities buyers. This initiative includes exploring payment mechanisms using both fiat and digital assets, including CBDCs and stablecoins, leveraging blockchain technology and partnerships with firms like Chainlink.

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.

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.

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.

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.