Tokenization Financial News

The Central African Republic has rolled out plans to tokenize its land and natural assets as the country seeks more adoption around its blockchain projects.

Blockchain-based stock trading platform Dinari has obtained regulatory approval to tokenize stocks.

JPMorgan has expanded its JPM Coin blockchain payment service to include euro-denominated transactions for corporate clients. 

Art collectors and fans of the cult science fiction film Alien will have a chance to purchase a fractionalized digital artwork of a rare sculpture by the late Swiss artist H.R. Giger. 

blockchain technology. Even amid the turmoil set off by interest rate hikes and quantitative tightening, the global bond market, which is bigger in size than equities yet off the radar for retail investors, appears to have earmarked 2023 to leverage blockchain technology. A few days ago, Switzerland-based Obligate executed a corporate bond issued by a Swiss commodity trading firm on Polygon’s blockchain platform, thus marking the first bond issuance that involved no intermediary or traditional rails. The bond was issued and executed by the smart contract. Earlier in February, the Hong Kong government issued the world’s state-issued tokenized green bonds worth $102 million using blockchain technology as part of its push to restore its status as a global financial hub. In Germany, engineering giant Siemens issued its first digital bond, worth $64 million, on a public blockchain.

At the time when banks were collapsing last weekend and a major stablecoin depegged, tokenized diamond sales jumped 300%.

As blockchain technology continues to seep into mainstream finance, major banks and financial institutions are looking into tokenizing assets as a means of making them more accessible to users and investors.

Physical artifacts retrieved from the wreckage of the Titanic are set to be tokenized as NFTs and shared with the world through a new, three-way partnership.

Brazilian regulators are stepping up their efforts to control the crypto sector – and will look into ways to police the issuance of tokenized assets.