realworldassets

🧵 Global Crypto and Tokenization Updates 🌐

Here’s a roundup of the latest developments across the crypto and tokenization space, covering everything from asset tokenization to institutional investments and CBDC advancements. Let’s dive in! 👇

I like building products only possible with blockchain

1️⃣ From Around the World:

	•	Dubai now allows salaries to be paid in cryptocurrency! 💸
	•	Russia has given the green light for using cryptocurrencies in international trade. 🇷🇺

3️⃣ Institutional Investments and Strategic Partnerships:

	•	Backed Finance AG & eNor Securities are partnering to issue crypto-backed assets across Latin America. 🌎
	•	GreenX has teamed up with InvestaX in Singapore to drive security token offerings. 🤝

4️⃣ Banks and CBDCs:

	•	Germany’s KfW Bank is working with Boerse Stuttgart Digital on blockchain-based digital bond issuance. 🇩🇪
	•	The Reserve Bank of India is studying the impact of tokenized deposits and CBDCs on deposit insurance. 🇮🇳

5️⃣ Infrastructure and Technology Developments:

	•	Apple is opening up its NFC chip to third-party developers, unlocking new opportunities for crypto payments via iPhone. 📱
	•	Mastercard has launched a pilot project with MetaMask to simplify crypto spending. 💳
	•	Sling Money, a new mobile app facilitating stablecoin transfers, has raised $15 million in funding. 💼

6️⃣ Tokenization of Financial Products:

	•	Hamilton Lane has tokenized its $5.6 billion secondary fund, making it available to qualified investors. 💰
	•	Fidelity Digital Assets is focusing on stablecoins, tokenized treasury bills, and on-chain credit solutions. 🏦
	•	DBS Bank has introduced a blockchain-based treasury and liquidity management solution. 💡
	•	MUFG and Morgan Stanley Securities are planning to issue digital securities. 📝

7️⃣ Events:

	•	Don’t miss Centrifuge’s RWA Summit 2024 on September 17th in Singapore! 🎟️ #RWASummit2024

2️⃣ Asset Tokenization:

	•	Mantra & Novus Aviation Capital have joined forces to tokenize aviation assets. ✈️
	•	Nigeria is looking to boost its revenue by tokenizing real estate. 🏘️