Institutions can use BUIDL as trading collateral for loans and derivatives positions.
The tokenized fund launched by BlackRock has helped boost the total.
Fund tokenisation has the potential to revolutionise how the industry operates.
Tokenization of real world assets is estimated to reach $20 trillion by 2030.
Tokenized money funds could dwarf the current size of the digital asset class.
This is the first project to use Sygnum’s multi-chain tokenization solution with traditional securities.
45 organizations demonstrated settlement across 22 permissioned blockchains connected on the Canton network.
This demonstrates how blockchain and tokenisation will transform traditional financial market structures.
The bank completed a proof of concept with Wellington Management and WisdomTree.
