Fiat tokenization is becoming a new norm.

Tokenized dollars are the new norm.

Author

Siddu Kadi
July 06, 2023

TOKENIZED REAL-WORLD ASSETS.

Weekly tokenized assets insights, read time: 2.5 minutes.

TOP NEWS:

  1. Mastercard piloting bank deposit tokenization in UK. Read the full article at TokenizedAssets

  2. A new policy proposal in Hong Kong urged to issue stablecoin to compete with $USDT and $USD.

  3. In a reverse Tokenization world, Bernstein says, “Spot #Bitcoin ETF Approval by SEC is Fairly High”.

  4. INX have started trading Bitcoin hash rate. Investors will receive mined bitcoin, directly into their digital wallets. Understand how one can invest in #Bitcoin hash rate at TokenizedAssets. Bitcoin hash rate is a sign of healthy #Bitcoin network.

QUIZ:

What is the approximate value of private credit market among DeFi protocols?

  • Option 1 → Between 1 to 100 million USD

  • Option 2 → Between 100 to 200 million USD

  • Option 3 → Between 200 to 400 million USD

  • Option 4 → Greater than 400 to 600 million USD

HIGHLIGHTS FROM THE TOKENIZATION COMPANIES:

  1. AlloyX launches real-world DeFi asset vault. Read the full blog at TokenizedAssets Users can now diversify into treasuries, bonds, and private credit through this vault. Estimated returns range between 15 - 20%.

  2. Total value locked on Asset tokenization based Blockchain https://provenance.io/ is nearing $10 billion. 

MEME OF THE WEEK:

QUIZ ANSWER:

  • Option 4 → Between 400 to 600 million USD. To be precise, it is at $534 million.

Thanks for reading.

Until next time!

p.s. if you want to sign up for the Tokenized Assets newsletter or share it with a friend, you can find us here Subscribe | Tokenized Assets World (beehiiv.com)