📜 Bond Blowout - Tokenized Treasuries Triumphing

Tokenized Treasuries continue to lead the digital asset charge, with Tom Wan from 21.co predicting $3 billion by 2025. 💸

No wonder Chainlink’s Sergey Nazarov says tokenized assets are “the next big trend in blockchain.” ⛓️

🎯🔥 Rapid Fire Takeaways:

📈Tokenized treasuries are ‘growing way faster than stablecoins:’ Securitize CEO

👀Goldman Sachs eyes tokenization projects for institutional clients by year-end

😕U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance

🐜BNP Paribas, Ant International team up on cross-border payments

📜Partior Announces $60M+ Series B Round to Transform Clearing and Settlement Infrastructure Worldwide

🐲China's Digital RMB Transactions Skyrocket By 630% In 2023

Everywhere you look, tokenization trends are continuing to grow. 🌱

Backed launched five new tokenized equities to match its recent bNVDA offering, and Zodia Markets is officially closing its Elwood acquisition. 🤝

♻️ Greening the RWA World

What’s a good technology without a people-centric purpose?

We just kicked off a Zealy campaign with our friends at Open Forest Protocol! 🌲

Make sure to participate for your chance to win some Near tokens and learn more about what they’re doing with DLTs to make a difference for our planet. 💗

And don’t forget about the RWA World Roundup on Fridays at 9:30 am EDT! 🤠

🚀 Bonds Blowout Bonanza

Back to tokenized bonds – Carlos Domingo of Securitize claims they’re growing faster than stablecoins. A bold claim, and we can see why. MakerDAO announced a $1 billion investment plan for tokenized bonds, drawing interest from Superstate, BlackRock, and other big-name industry players. 💰

It’s not just Treasury bonds that are enjoying tokenization efficiencies. DekaBank is already putting its crypto registrar license to work, issuing a digital bond for the ECB trial without intermediaries. Apple might even have a hand in European bonds one day – the EU just locked in their NFC commitments for a decade. 🔐

ABN Armo also shed some light on why it prefers public blockchain for its bond issuances, adding another star to the lapels of public DLT networks. But should we even be tokenizing all this stuff? Jason Dehni of Credbull cautions that we should focus on assets with substance rather than speculation. While we at RWA World tend to agree, it’s still nice to see real-world assets near the top of CoinGecko’s web traffic for 2024 Q2. 🦎

🌉 Infrastructure and Investments

And why shouldn’t they be? Goldman Sachs will launch three tokenization projects for its institutional clients by the end of the year and might even take custody of digital assets if the regulatory environment changes. 🏛️

Meanwhile, Sygnum started its 24/7 instant settlement network, and UBS released a report on intraday liquidity management. They’ll need to work fast to compete with Partior’s $60 million Series B round, which was raised to focus on global clearing and settlement infrastructure. Even State Street is planning for tokenized deposits… and even a stablecoin! 👀

The future is firmly tokenized – even blockchain-native firms are keen on tokenized assets, with trading firm XBTO forming a tokenization team to focus on real-world assets. 🔎

⛩️ Land of the Rising (Tokenized) Sun

Asia is home to perhaps the most diverse and intense tokenization trends. Phillip Securities recently tokenized its investments in a Sony movie, and the Japanese platform DCJPY has started production testing for its multi-purpose tokenization platform. 🎥

Big names like Honda, Mazda, and Nissan also take tokenization as seriously as energy management for their new EV products. All are involved in a tokenized battery passport initiative with Mobi, which just reached the MVP stage. 🚗

But China is taking tokenization's top spot. BNP Paribas has teamed up with Ant International for cross-border payment solutions. Perfect timing – reports revealed that digital RMB payments skyrocketed by 630% over 2023. 💹

👁️ CBDCs

States won’t let private companies do the tokenizing forever. Central Bank Digital Currencies (CBDCs) are becoming increasingly relevant globally. The Bank of Canada recently released an excellent report outlining the potential role of CBDCs in future monetary configurations and how they can help overhaul an increasingly dated global financial system. 🧓

The interoperability of CBDCs and these emerging 24/7 payment systems, such as the one released by Sygnum, is of particular interest. The World Bank released its report on how that relationship will likely unfold and how stakeholders can plan accordingly and mutually benefit. 🤝

Japanese company Soramitsu is already putting these findings into practice. They’ve secured a deal with Papua New Guinea for a pilot CBDC project and a separate agreement with Palau for a blockchain-based bond platform. 💻

Aaand Cut! 🎬

That wraps up another excellent week for tokenized assets! 💥

Make sure to catch us on Fridays for the latest and greatest in the industry. 😉