👶 Who's The Baby?

RWA World Newsletter - Jan 10, 2025

Author

Ray Buckton
January 10, 2025

The title is a pun – yours truly just welcomed their third kid into the world. And while tokenization doesn’t sleep, thankfully this new addition is a great sleeper. 😌

And just like kids, some jurisdictions are more slumbersome than others. 💤

🎯🔥 Rapid Fire Takeaways:

Like El Salvador, which isn’t sleeping on tokenization at all – they just granted Bitfinex a derivatives license, while Tokeny and Ditobanx's recent partnership seeks to transform the country’s tokenization infrastructure. ✅

Lympid isn’t resting either. They secured a 70% ROI in just four months via their flagship tokenized racehorse, Doriano, and offer everything luxury in tokenized form, from watches to designer handbags. Check out their platform and read our recent report on their outsized impact on the horse racing investment landscape. 🏇

🦅 Plume Takes Flight

And where do tokenized assets live? On Plume. The world’s leading RWA chain is proving why it’s leading the pack with a $25 million RWAfi ecosystem fund to accelerate adoption. They’re also working with Ondo Finance on tokenized US Treasuries while attracting big partnerships. Nest and Dinari are offering a Blackstone ETF on Plume for the first time. 👏

We’ve been in talks with the Plume team since the start of their journey, and it’s hard to overstate how hard they’re working to ensure all tokenized assets have a comfy home. Check out what they’re working on if you consider tokenizing some assets. 🔍

But other ecosystems are also promising – Raridex recently launched the first exchange for tokenized rare earths on Arbitrum, and Storm Trade is using tokenization for all sorts of commodities with a DeFi spin. In fact, Carlos Domingo, CEO of tokenization giant Securitize, says DeFi could grow tenfold thanks to RWAs. 📈

🍌 TradFi Goes Bananas for Tokenization

But wait, there’s more – specifically out of Asia. HashKey Group and Cinda International are working on a tokenized liquidity note out of Hong Kong, and Mizuho Securities are exploring a security token for renewable energy assets. Meanwhile, OCBC in Singapore is offering fraction bond tokens for corporates. 🐉

Perhaps the biggest news is the DTCC’s massive bet on tokenization in 2025. Their corporate predictions are filled with mentions of tokenization and DLT technology, signaling big things to come for global financial plumbing throughout 2025. 🔧

🌶️ Regulations Getting Spicy

All this progress needs the blessing of regulators to mean anything big, and Europe is making some good headway to that end. Bundesbank is calling the digital euro a solution to threats from the US and China over their payment sovereignty, and the Eurosystem DLT trial saw Banque de France prove that wCBDCs have massive potential for central banks. 🏛️

However, not all EU members sing from the same hymn sheet. The Czech National Bank is exploring using Bitcoin as a reserve asset, taking a hint from Trump’s comments. Given the FDIC was seemingly involved in Operation Chokepoint 2.0, based on FOIA-released files, that’s a significant change for both Czhekia and the US. ⚖️

Cambodia is following the trend, seemingly relaxing its crypto stance around tokenized assets. Hong Kong has been pushing in that direction for over a year and has just launched its first DLT incubator for banks. 🧪

🗺️ Where in the World is Tokenization?

Everywhere, it seems like. Russian major T-Bank rolled out tokenized investment solutions while joining Sberbank and Tochka Bank in a digital ruble pilot. Back in the US, NYREF introduced tokenized real estate based in the New York area, offering decentralized exposure to Manhattan and beyond. 🏙️

Speaking of US-based, Frax is using BlackRock’s BUIDL to back its frxUSD token, while the NGX plans to launch tokenized depository receipts in Nigeria. At the same time, Agora just completed its first OTC transaction with AUSD, further cementing the dollar as the de facto currency in the stablecoin landscape.

🐴 Riding Back Home 

Writing this newsletter each week is a genuine pleasure. 

What started as a newborn has grown into your go-to source for tokenization insights every Friday, without fail. 

Good things start small – like Lympid. A 70% return in four months on a racehorse is nothing to balk at – check out our recent report on how they’re saddling the future of tokenized assets. 

With that, dear reader, my baby is waking up and needs some extra hands. 

Thanks for reading, and see you next week!