Deutsche Bank is preparing to enter the cryptocurrency market, unveiling plans to explore crypto custody and tokenization solutions. The bank has entered a partnership with Swiss startup Taurus to launch a platform to use digital assets as collateral in lending operations.
Tech giant Swift has announced a successful experiment using Chainlink’s Confidential Consortium Infrastructure Protocol (CCIP) to tokenize digital assets. The experiment is a major milestone for the blockchain industry, demonstrating the potential for tokenization technology to revolutionize how payment information is shared.
Asset tokenization is revolutionizing the global economy, unlocking a trillion dollar opportunity by allowing for the fractional ownership and transfer of real-world assets.
Tokenizing assets on blockchain, such as artwork, equities, and real estate, is becoming increasingly popular. But without proof of reserves, investors are left exposed to risks, including misallocated funds and a loss of liquidity.
The tokenization of resources is gaining traction as businesses look to decentralization, resource extraction and social media monetization. This week’s roundup covers the latest news related to these topics, real world connections and more.
Google Play, one of the largest app marketplaces, has jumped on the tokenization bandwagon by embracing blockchain gaming and NFT recognition. This move signifies a significant step towards mainstream adoption of digital assets and decentralized technology. Users can now experience a more immersive and secure gaming experience while exploring the potential of blockchain’s unique capabilities. Google Play’s integration of NFT recognition is a game-changer that could revolutionize the gaming industry as we know it. Stay tuned for more updates on this exciting development.