Banks and Asset managers explore opportunities with "Asset Tokenization".

TOKENIZED REAL-WORLD ASSETS.

Weekly tokenized assets insights, read time: 3 minutes.

TOP NEWS:

1. UBS launches Tokenization Trial on Ethereum. Read the full story here: TokenizedAssets

2. Tokenization is “securitization done on steroids” — Franklin Templeton CEO.

3. Blockchain unicorn Fireblocks acquires Australian tokenization startup BlockFold.

4. Shopify Integrates tokenized DOLLAR - USDC Payments. Detailed story is here: TokenizedAssets

5. Crypto exchange WOO partners with OpenTrade to offer tokenized Treasury Bills in Asia.

CHART OF THE WEEK:

The number of builders building on Blockchain is in cyclical downtrend:

QUIZ:

Approximately how many asset tokenization companies exist around the world?

TOKENIZATION PLATFORM UPDATES:

1. 3Blocks Inc and Outsyde Inc partner to bring real estate to masses. Read the fill story here: https://www.3blocks.io/blogs/3Blocks-Outsyde-RealEstate-Tokenization

2. Fortunafi announced the forthcoming launch of the Tokenized Asset Protocol (TAP).

3. OpenTrade Launches Tokenized Treasury Bills on Protocol Developed by Circle.

4. 3Blocks Inc is a co-sponsor of the 2023 Decoding Tech Conference in October. Find the details here: https://twitter.com/3blocks_io/status/1707411907299221652?s=20

5. Shipfinex FZCO , a leading technology platform for ship financing, today announced its first tokenization customer, TMC Shipping, a leading global ship owner.

MEME OF THE WEEK:

QUIZ ANSWER:

• Between 250 to 300 companies around the world are involved in asset tokenization.

Until next time!

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