Image by Ledger Insights Today tokenization firm Securitize announced a partnership with alternative asset manager Apollo Global (AUM $512 billion) to tokenize one of its funds. Securitize is creating a new tokenized feeder fund for the Apollo Diversified Credit Securitize Fund (“ACRED”). The fund will be available on six blockchains following Securitize going live with …
Tokenized Apollo fund launched on 6 public blockchains 查看全文 »
Image by Ledger Insights Visa has unveiled its latest stablecoin related pilot involving Visa Direct payouts using the digital currency to gig workers or employees. Visa Direct is the card company’s payment system that uses its own network, which is especially useful for international transfers. Usually the payment is sent to the recipient’s Visa card, …
Image by Ledger Insights The Hong Kong Government announced the pricing of its third digital green bond issuance of HK$10 billion ($1.29 billion). Demand far exceeded supply, with the bond 13x oversubscribed. The digital bond issuance will be roughly in equal amounts in four currencies: HKD, RMB, USD and EUR. “The HKSAR Government’s third issuance …
Hong Kong confirms HK$10 billion digital green bond issuance 查看全文 »
Image by The Crypto Times Mastercard (MA) has integrated its blockchain-based Multi-Token Network (MTN) with JPMorgan’s (JPM) newly rebranded digital assets platform, Kinexys (formerly JPM Coin), to improve business-to-business (B2B) cross-border payments. The collaboration aims to deliver greater transparency, faster settlements, and reduced time zone-related delays. Mastercard launched the MTN in mid-2023 as a platform …
Mastercard and JPMorgan to Bring B2B payments on Blockchain 查看全文 »
Image by Ledger Insights UK Finance released the results of the experimentation phase of the Regulated Liability Network (RLN) which explores the potential for tokenized deposits and programmability. The banks involved were Barclays, Citi UK, HSBC UK, Lloyds Banking Group, Mastercard, NatWest, Nationwide, Santander UK, Standard Chartered, Virgin Money and Visa. The overall conclusion was …
11 banks say Regulated Liability Network experiments for tokenized deposits were a success 查看全文 »
Image by Ledger Insights Today Japan’s Soramitsu announced a strategic partnership with the Nigerian Institute of Social and Economic Research (NISER), a government funded research body and think tank. The collaboration is for blockchain technology research and to develop skills and applications in Nigeria. Soramitsu is best known as the developer of Bakong, Cambodia’s very …
Bakong blockchain provider Soramitsu partners Nigerian public research body 查看全文 »
Image by The Crypto Times Today, Chainlink announced the Chainlink Runtime Environment (CRE) framework designed to help banks, payment systems, and other traditional financial institutions connect smoothly with blockchain technology. According to the press release, the CRE will replace older technologies like COBOL and the Java Runtime Environment (JRE). COBOL, introduced in 1959, was crucial …
Chainlink Launches Framework to Connect Banks with Blockchain 查看全文 »
Image by Ledger Insights The UK’s Ministry of Justice has introduced a new Bill to Parliament aiming to clarify that digital assets and certain other things can be considered as ‘property’ in England and Wales. It will cover many digital assets such as cryptocurrencies, non-fungible tokens, voluntary carbon credits and in-game digital assets. It follows …
England tables Bill to clarify digital asset property rights 查看全文 »
Image by Ledger Insights Earlier this week the UAE’s RAKBANK confirmed it made its first cross border payment using the mBridge platform. mBridge is multi-wholesale CBDC payment solution founded by the BIS Innovation Hub and the central banks of Thailand, Hong Kong, China and the UAE, with Saudi Arabia joining in June. In the same …
UAE’s RAKBANK uses mBridge wholesale CBDC solution for Chinese payment 查看全文 »
Image by Ledger Insights Last year Barclays published a report on the “functional equivalence” of central bank digital currency (CBDC). In other words, the need for a CBDC and commercial bank money to have similar functionality. While that may seem obvious, there’s a fair bit of work to be done for a CBDC to deliver …
