Swarm, which is licensed with the financial German regulator, set up an RWA trading platform in December last year.Crypto-friendly bank Meld plans to soon offer lending and borrowing against tokenized real-world assets to retail investors, which could allow them to"ape more into bitcoin."last December.
"This could be really interesting as we go into the next bull run, where people can lend against their stocks to ape more into bitcoin, for example," the Swarm spokesperson said. The partnership with Meld could see a large retail user base access tokenized RWAs through a licensed banking service. Meld recently secured its virtual asset service provider license in Lithuania, which in theory should make it easier for it to win equivalent licenses in other European Union member states,
Tokenized RWAs, which refers to the trading of"traditional" asset classes such as stocks, bonds and even real estate on blockchains, isin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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