Tokenized U.S. Treasuries Arrive to XDC Network as Digital Bond Market Grows

Tradeteq, a U.K.-based marketplace for private debt and real-world assets, has launched tokenized U.S. Treasury bonds on the XDC Network, with experts predicting that tokenization of real-world assets could become a $5 trillion market.

coindesk.com

Relevant topic timeline:

8/24/2023

The Tokenization Revolution

Tokenization of real-world assets on the blockchain is rapidly gaining momentum, offering benefits such as transaction speed, liquidity, cost-savings, and round-the-clock access, with experts predicting it to become a $16 trillion industry by 2030. Over 70% of financial leaders expect to use tokenization in their businesses, with potential impacts on asset trading, real estate transactions, derivatives, and carbon markets. Tokenization unlocks liquidity, enhances security and data protection, reduces transaction costs, and enables programmability and automation, making it a key driver of digital asset adoption and a fundamental shift in business operations.

8/25/2023

Hong Kong regulator eyes tokenization for bond market improvement: Report

The Hong Kong Monetary Authority released a report on its study of bond tokenization, highlighting the potential of distributed ledger technology (DLT) to enhance efficiency, liquidity, and transparency in bond markets, but also acknowledging the challenges and the need for fine-tuning existing legal and regulatory regimes.

9/7/2023

Coinbase Expands into Crypto Lending Despite Market Downturn

Coinbase Global is expanding its digital asset lending services, which could have implications for its stock and the crypto economy.

9/14/2023

Tokenization of Assets Projected to Hit $16 Trillion by 2030 as Banks and Firms Embrace Blockchain Efficiencies

The value of tokenized real world assets is expected to reach $16 trillion by 2030, with $3 billion in assets already tokenized, bringing efficiencies in payment and settlement and democratizing finance by making global investment opportunities more accessible to the general population through fractionalized investments.

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Posted 8/29/2023, 11:00:00 AM