🚢 Carbon Neutral Shipping and Bond Bonanza

Tokenized bonds continue to lead the way – this time on centralized exchanges! 👀

Accessibility keeps getting easier as asset tokenization keeps on expanding. ⛰️

🎯🔥 Rapid Fire Takeaways:

⌚ Why Asset Tokenization Is Inevitable 

🏅 Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors

💰 Amex Ventures backs web3 loyalty firm Superlogic’s $7.6m funding

🦅 Brookings paper calls for extension of stablecoin AML for national security purposes

♻️ GSBN quantifies massive CO2 emission savings from electronic bills of lading

🤨 Archax, Ownera and Hedera collaborate to tokenize BlackRock money market fund

🏠 DLT real estate firm Coadjute lands two major UK estate agents, Foxtons, TPFG

Major firms are taking advantage of this access, qualifying for carbon credits and powering real estate deals. 🤝

But it’s not all sunshine – Hedera is in hot water for being too excited about tokenizing some of Blackrock’s BUIDL fund. 😬

🎤 Stellar Week - Join Us Live!

This week, we had a fantastic X Space with our friends at Wolf Web3, featuring speakers from the XDC Foundation, an Ethereum founder, and more! You’ll want to listen back to this one. 👂

The Takeaway: Tokenization is inevitable, and builders are on the right track. 🙏

We’re not the only ones to arrive at that conclusion. Mehdi Brahmimi and Miguel Kudry of L1 Advisors had a fantastic write-up in CoinDesk under the same name. If great minds think alike, tokenization is inevitable… and, in many ways, already here! 💥

We host an X Space weekly with Wolf at 2 pm EDT on Thursday – mark your calendars and join us for the best free RWA education you’ll find on the market. 🔊

✌️ Bonds Gone Tokenized

Tokenized bonds and money markets are having a heyday, with Ondo Finance seemingly unable to go a single week without breaking new ground. This time, they’re kicking open the door to the Cosmos network with their USDY product, using the Noble chain as their issuance partner and liquidity hub. 🌌

With over $300 million in tokenized deposits, Ondo is starting to run away from the competition. Meanwhile, centralized exchange giant Woo X claims victory for delivering tokenized bonds to retail clients via its RWA Earn Vaults. As the first tokenized bonds on a centralized digital asset exchange, this move is another example of how TradFi and DeFi are inching closer together by the day. 📏

Everyone wants a piece of the RWA attention pie – so much so that crucial details are occasionally omitted. Hedera recently worked with Archax and Ownera to tokenize some of BlackRock’s new BUIDL fund, issuing a sensationalized post on the subject. 💻

Then, everything went sideways. The network’s native token, HBAR, nearly doubled in price, pumping 96% on the day before BlackRock clarified they had nothing to do with the initiative. 😅 

This one is a toss-up between “trust but verify” and “the devil is in the details.” Either way, Hedera token holders had an emotional roller coaster of a week. 👿

🌍 Real World, Real Applications

Offline in the tangible-verse, El Salvador is once again experimenting, using tokenization to finance the construction of a $6.25 million hotel. The deal offers a 10% return over 5 years and is being brokered by Bitfinex Securities. 📜

This foray into digital assets isn’t the Central American nation’s first. They plan to power Bitcoin miners using a volcano and fund an entire new city… a bold strategy. Let’s see if it pays off! 🌋

While El Salvador is turning a new leaf with the help of digital assets, Huma Finance and Arf are building a bright future together. The two platforms, a tokenization entity and a liquidity and settlement platform, respectively, are merging! The resulting 00 Holdings will own both names and brands, which will continue to operate independently. More consolidation and growth for tokenized real-world assets - we love to see it!🤝

Speaking of growth, Coadjute, a DLT-based data-sharing tool in the UK, recently onboarded estate agencies Foxtons and The Property Franchise Group (TPFG) to the platform. 👋

Coadjust seeks to improve the nearly 30% of real estate deals that fall through in the UK due to communication inefficiencies. There’s an obvious market need for this type of product when nearly one in three real estate deals fail due to inefficiencies. 🏘️ 

♻️ Green Gains Solving Shipping Pains

Tokenization delivers unrivaled transactional efficiencies – that much is inarguable. What’s even better is when those efficiencies pay for themselves! That’s what Global Shipping Business Network (GSBN) experienced recently when tokenizing their bills of lading, finding aggregate emissions savings of 440,820 metric tons of CO2 per year, translating to millions of dollars in carbon credits. 🏭

Today, most international shipping deals with black ink and white paper. The lag time between arrival, processing, unloading, verification, and departure can take days or, at times, weeks. Add trade financing considerations, and just-in-time supply chains are borderline miraculous. 🧙

XDC, a dedicated blockchain network specializing in trade financing, has unique expertise in international shipping. It’s also one of the four blockchains supported by tokenization giant Securitize, helping to explain its outsized impact on the tokenization landscape. You’ll want to keep an eye on them. 🔍

🤔 More Bills than Stablecoins - No Sense for Digital Cents?

Stablecoin legislation remains an ongoing hot topic in the halls of the US government. Senators Lummis and Gillibrand introduced a bipartisan bill that would ban algorithmic stablecoins and require issuers over $10 billion to register as a depository institution with the Federal Reserve. ⚖️

Circle is likely not happy with this bill. Naturally, as a US entity, it would fall under this new legislation, while institutions that have been historically more opaque, like Tether, would remain comfortably offshore and unaffected. Talk about cutting your nose to spite your face. 🤦

Meanwhile, Senator Maxine Waters says a different stablecoin bill is also in the works. The CFTC seemingly doesn’t care so long as something gets passed. Their recent paper argues that stablecoin regulation is vital for national security. 🕵️

😄 Join the Fun!

It’s been a busy week for asset tokenization, but even a slow week feels blockbuster in this industry. 🎆

We have some seriously significant things in the works that we’ll slowly roll out over the next few months. 👀

Much like our friends over at Uranium3o8! They’re tokenizing yellow cake in one of the coolest use cases we’ve seen thus far and perhaps the one with the most significant potential impact on future energy markets. ☢️

And in true tokenization and Web3 fashion, we all like to have fun while building the future of finance. 🎉

Co-founder Alan Carrol hosts the Pudgy Penguins RWA Space every Thursday at 9 a.m. EDT. Come join them and Lil Pudgy owner/RWA World co-founder Ray Buckton and “chill in the igloo” of real-world assets! 🐧