Australia Faces Make-Or-Break Moment As Tokenization Sweeps Global Markets: A...
Australia must move faster on tokenization or risk losing business to overseas markets, the chair of the Australian Securities and Investments Commission has warned. Related Reading: Metaplanet Just Used Bitcoin To Buy More Bitcoin—$100 Million Worth According to a speech delivered on November 5, ASIC Chair Joe Longo urged regulators, firms and investors to act […]
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Bitcoin’s mining industry is feeling growing strain as the key profitability gauge, hash price, slides toward levels that could push smaller operators offline and put pressure on mining equipment providers and service partners. Related Reading: Australia Faces Make-Or-Break Moment As Tokenization Sweeps Global Markets: ASIC Chair Hash Price Nears Danger Level According to industry reports, […]
DLA Piper’s new tokenization platform has already completed its first asset tokenization with a “piece of fine art.” TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates in more than 40 countries — Aldersgate DLS and Hedera Hashgraph. Although it has the ability to function across any asset class, the team identified the best use case “for high value assets in alternative asset classes such as real estate and art.”TOKO....
Fintech Australia is a national Australian Fintech Industry Association. Their vision is to make Australia one of the world’s leading markets for Fintech innovation and investment. Founded in October 2015, their membership base now comprises over 70 startups, venture capital funds, hubs and accelerators across Australia that specialise in Fintech. As a not-for-profit organisation, they support the Australian Fintech community, build awareness and trust in Fintech startups and advocate for better policy on behalf of our members. Fintech Australia is the voice for Fintech innovation in....
Cryptocurrencies linked to real-world assets (RWAs) are drawing scrutiny, as the International Organization of Securities Commissions (IOSCO) recently warned that these innovations might introduce new risks for investors. In a report released on Tuesday, the global securities regulator highlighted that while many risks associated with tokenization fall under existing regulatory frameworks, new vulnerabilities may arise […]
Valuing and monetizing tokenized assets requires tremendous skill and expertise. Thus, rendering asset management as a tool to raise growth capital and liquidity inaccessible to many. The global tokenization market sized at $1.92 billion in 2021 is expected to grow to $2.32 billion in 2022 at a compound annual growth rate (CAGR) of 21.09%. Tokenization increases liquidity, lowers costs, and enhances risk management. AI and web3 valuation, tokenization, and monetization can all sound like overhyped buzzwords. But when put together and packaged neatly into a service, they help organizations....