Tokenization on XRP ledger is becoming a reality.

TOKENIZED REAL-WORLD ASSETS.

Weekly tokenized assets insights, read time: 3 minutes.

TOP NEWS:

1. XRP is not a security as per Judge Analisa Torres of the U.S. District Court for the Southern District of New York. This will fast track tokenization on XRP ledger.

2. Aave Protocol launches algorithmic stablecoin $GHO on Ethereum main net, $4 Million minted. Dollar peg is lost, current price is $0.98. Learn more about the inner working of $GHO at TokenizedAssets

3. Brazilian CBDC built on top of forked Ethereum includes the functions such as burn, freeze, spend, etc. Issuer of the CBDC has full control over citizens money.

4. Société Générale subsidiary becomes the first fully licensed crypto provider in France.

5. Dior is Latest Luxury Brand to Embrace Tokenized Fashion through NFTs. The shoe, the B33 sneaker, is part of the fashion house’s Men’s Fall 2023 collection. Learn more about sneaker NFT at TokenizedAssets

QUIZ:

What is the largest tokenized asset class?

• Option 1 → Private equity.

• Option 2 → Private Credit.

• Option 3 → Real Estate.

• Option 4 → Treasuries/Bonds.

HIGHLIGHTS FROM THE TOKENIZATION COMPANIES:

1. DeFi Startup Ondo expands Yield-Earning tokenized treasuries to Polygon

2. WorldVest to Launch MineralCoin as the First Security Token Minted on Bitcoin Satoshi’s Vision "BSV" Blockchain Using the Innovative Tokenized Smart Contract Protocol.

3. INX will tokenize & list the equity of Casper Labs, the enterprise blockchain software leader.

MEME OF THE WEEK:

QUIZ ANSWER:

• Option 4 → Treasuries/Bonds.

Thanks for reading.

Until next time!

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