realworldassets

/realworldassets5

🧵 Global Crypto and Tokenization Updates 🌐

Here’s a roundup of the latest developments across the crypto and tokenization space, covering everything from asset tokenization to institutional investments and CBDC advancements. Let’s dive in! 👇
Weekly #RWA News - August 12, 2024

General Statistics:
• 🌍 RWA On-Chain: $12.81B
• 🧑‍🤝‍🧑 Asset Holders: 62,314 (7.74% increase)
• 💲 Stablecoin Value: $164.42M
• 🏢 Asset Issuers: 98

2. Regulatory Developments:
• 🇪🇺 AFME’s Tokenization Plan
• 🇷🇺 Crypto Payments in Russia
• 🇬🇧 New UK Regulatory Body Needed

3. Asset Tokenization:
• 🏠 Malaysia: $23M Real Estate Project
• 📈 SBI & Kyobo: Asia Collaboration
• 🇧🇷 Brazil Reviews #Tokenization Firms

4. Collaborations:
• 🏦 Franklin Templeton on Arbitrum
• 💼 @Fireblocks Joins Stablecoin Standard

5. #CBDC & Banking:
• 🇹🇭 Thailand’s Digital Currency Issues
• 🇮🇩 Indonesia’s #CBDC Trials
• 🇯🇵 Japan’s Web3 Projects with PwC & NTT
Weekly RWA Bulletin Summary - Jul 14

⚖️ Regulatory Frameworks:
- The US House failed to overturn the crypto custody ban, but the SEC is considering changes.

🖇️ Corporate Investments:
- Fasset and Dinari are tokenizing US stocks.
- Schroders Capital and Hannover Re tokenize reinsurance contracts.
- Hidden Road accepts BlackRock’s BUIDL token as collateral.

🏠 Asset Tokenization:
- Kalp and Tiamonds AG are tokenizing diamonds.
- Phillip Securities issues tokens for a Sony film.

🪙 Financial Products:
- Hamilton Lane launches Sharia-compliant private credit tokenization.
- BlackRock's #BUIDL token grows.
- Goldman Sachs starts three new tokenization projects.

🏦 CBDC:
- Taiwan begins wholesale CBDC trials.

💻 Infrastructure:
- Sveriges Riksbank compares DLT-based CBDC energy consumption to card payments.

Other Highlights:
- @MakerDAO launches a $1 billion tokenization competition.
- @Arbitrum STEP committee proposes distributing 35 million ARB for RWA tokenization.