Robinhood’s CEO has reportedly predicted a worldwide spread of real-world asset tokenization. “Tokenization is like a freight train. It can’t be stopped, and eventually it’s going to eat the entire financial system,” Vlad Tenev told a panel at a cryptocurrency conference in Singapore on Wednesday (Oct. 1)....
Citi plans to integrate its blockchain-based token services platform with its clearing solution. The integration will create a 24/7, multibank cross-border instant payments capability for Citi’s institutional customers in the U.K. and U.S., the bank said Monday (Sept. 29), calling the solution an industry first....
Financial messaging network Swift is adding a blockchain-based shared ledger to its technological infrastructure. The move is designed to make “instant, always-on cross-border transactions possible at unprecedented scale,” Swift said in a news release Monday (Sept. 29). According to the release, Swift has already begun...
It’s not just students in New England layering up with their college sweaters this autumn. As enterprise CFOs plan their budgets and strategies for 2026, they’re layering up too, with experimental sandbox pilots and full-scale production workflows built atop blockchain’s technical architecture layers. On Monday...
Banking institutions that aim to get involved in activities related to virtual currencies should consider adopting blockchain analytics tools for additional risk management capabilities, New York State Department of Financial Services Superintendent Adrienne A. Harris said Wednesday (Sept. 17). Blockchain analytics tools can enhance banking...
Swiss banks have completed a successful proof of concept of a Swiss franc deposit token and said the results warrant further development. The project was conducted by the Swiss Bankers Association (SBA), PostFinance, Sygnum and UBS, the association said in a Tuesday (Sept. 16) press...
Tether reportedly aims to match the success it has seen with stablecoins in other countries with the new token it plans to launch in the United States. During an interview on Bloomberg Television, Bo Hines, strategic advisor for digital assets and United States strategy at...
Institutional asset manager ORQO has launched its unified digital asset management platform and its global headquarters in Abu Dhabi. ORQO is a holding company that includes Mount TFI, a licensed fund manager in Poland; Soil, a DeFi yield platform; Monterra Capital, a multi-strategy digital hedge fund; and Nextrope, a blockchain...
Blockchain Base is exploring the idea of issuing a network token to support its vision of building a global on-chain economy. Saying in a Monday (Sept. 15) blog post that it is in the early stages of this exploration, Base added it has not determined...