Galaxy Digital officially began trading on the Nasdaq exchange on May 16. The stock opened at $23.50 per share under the ticker GLXY, following a direct listing. The crypto and AI-focused company had previously traded on the Toronto Stock Exchange since 2020. CEO Mike Novogratz called the listing process “unfair
The U.S. Securities and Exchange Commission (SEC) is preparing for a high-profile roundtable on May 12, bringing together leaders from BlackRock, Nasdaq, Fidelity, Robinhood, and more to discuss tokenization and decentralized finance (DeFi). Hosted at the SEC’s headquarters in Washington, D.C., the event, titled “Tokenization — Moving Assets Onchain: Where
Goldman Sachs is stepping deeper into the crypto space, with plans to expand its services to include cryptocurrency trading, lending, and tokenisation. Mathew McDermott, Goldman Sachs’ global head of crypto, unveiled the company’s new digital asset strategy through a keynote speech at TOKEN2049, one of the most prominent crypto events.
With the skyrocketing adoption of blockchain technology, the term tokenization has gained massive attention, and in simple terms, it is described as turning real-world assets like artwork, houses, gold, or even money into a digital token on blockchain. According to a report by Deloitte, tokenized real estate will reach $4
The RWA tokenization trend started last year, bringing new applications to blockchain technology. The tokenization of physical assets will move various traditional industries onto blockchain. This space has not been making much noise for the past few months. However, a recent report explored the real growth of asset tokenization in
Archax, a UK-regulated cryptocurrency exchange and custodian, is venturing into the tokenization of real-world assets (RWAs). Today, the platform announced plans to offer tokenized money market funds from three global financial giants—State Street, Fidelity International, and Legal & General Investment Management (LGIM). This marks a significant step in Archax’s mission
The Monetary Authority of Singapore (MAS) is planning to advance tokenization within financial services through a series of new regulatory measures. These initiatives are designed to foster commercial networks, enhance market infrastructure, and establish standardized frameworks for tokenized assets. Besides, the MAS is facilitating the commercialization under Project Guardian by
The real-world asset (RWA) tokenization sector is expected to grow remarkably, with estimates predicting an increase of up to 50 times by 2030. A recent report by Tren Finance indicates that the market size could soar from its current valuation of approximately $185 billion to between $4 trillion and $30
Coinbase, a leading crypto exchange, has been selected as a crucial infrastructure provider for BlackRock’s latest tokenized investment fund, according to announcements made by the exchange. We are excited to announce that Coinbase has been chosen as a key infrastructure provider for @BlackRock and @Securitize Tokenized Investment Fund. — Coinbase
The last couple of years have seen a number of radical developments take place within the realm of digital finance and investment, with one of the most prominent ones being the concept of ‘tokenization.’ In essence, tokenization entails the conversion of any asset class — be it virtual or physical
