Digital Asset Custodians: Their Impact On Digital Asset Tokenization

The blockchain realm has come a long way since its humble beginnings with the introduction of Bitcoin. Although ambitious, blockchain technology served the simple purpose of holding and transacting value online back in the day. Nevertheless, its potential developed with Ethereum’s deployment—thanks to smart contracts that let developers build any financial use case they wanted, underpinned by blockchain’s benefits.

RWAs can be listed across popular exchange platforms, letting interested buyers effortlessly grab them. That shifts the interaction with traditional assets from siloed, centralized environments to on-chain interoperable infrastructure. The result is open access to on-chain versions of the assets and their effortless movement across crypto wallets. Moreover, tokenization allows the fractionalized ownership of on-chain assets, meaning RWAs are purchasable in smaller parts.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HarbourView Equity Partners Raises $500 Million in Debt FinancingThe private asset-backed security was led by KKR with participation by Kuvare Asset Management.
Source: billboard - 🏆 112. / 63 Read more »

Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinSharesCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

BlackRock begins asset tokenization with launch of digital liquidity fundBlackRock, the world’s largest asset manager, has created its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Canada SaysWill Canny is CoinDesk's finance reporter.
Source: CoinDesk - 🏆 291. / 63 Read more »

HELIX, Saison Capital and NewTribe Capital gathers Real-World Asset (RWA) Leaders at TOKEN 2049 DubaiHELIX, Saison Capital and NewTribe Capital are thrilled to announce the launch of RWA Leaders Brunch, happening on the sidelines of TOKEN 2049 Dubai on the 18th of April 2024, 10 am - 1 pm
Source: Cointelegraph - 🏆 562. / 51 Read more »

TrueFi introduces dollar-based TRI token for real-world asset tradingDecentralized credit protocol TrueFi has created a new ecosystem that will use a token backed by interest-bearing assets to provide greater leverage.
Source: Cointelegraph - 🏆 562. / 51 Read more »