TechnologySouth Korea tests tokenized deposits for government spending
South Korea will test tokenized deposits for government spending in Sejong City. Full rollout targets Q4 2026, with 25% of budget digital by 2030.
Tokenization — News - Page 12
Technology
InstitutionalLegal & General Tokenizes £50B Liquidity Funds via Calastone and Ethereum
Legal & General has tokenized £50B in liquidity funds via Calastone on Ethereum. Authorized investors can now buy, hold and transfer fund shares on blockchain.
InstitutionalDeutsche Borse Bets $200M on Kraken: TradFi Giants Race Into Crypto
Deutsche Borse is investing $200 million in Kraken parent Payward for a 1.5% fully diluted stake, valuing the crypto exchange at roughly $13.3 billion.
StablecoinsSix EU Banks Are Launching Stablecoins and MiCA Made It Happen
ING, BBVA, BNP Paribas and Societe Generale launch stablecoins under MiCA. USDC in the EU up 109% in six months. Chainalysis projects $719 trillion by 2035.
RegulationIMF Warns Stablecoins and Tokenized Finance Could Amplify Crises
The IMF warned stablecoins resemble money market funds, not actual money, and could trigger confidence-driven runs as tokenized finance scales globally.
InstitutionalFranklin Templeton Launches Franklin Crypto
Franklin Templeton launches Franklin Crypto by acquiring 250 Digital. Part of the deal is paid with BENJI tokens - an industry first.
InstitutionalNew Hampshire Issues First $100M Bitcoin-Backed Bond - Moody's Rates Ba2
New Hampshire issues the first-ever $100M municipal bond backed by Bitcoin. Moody's assigns Ba2 rating - crypto enters the traditional bond market.
DeFiAave V4 Goes Live on Ethereum - Real-World Credit Markets
Aave V4 is live on Ethereum with hub-and-spoke architecture. Three liquidity hubs, real-world asset support, and institutional lending capabilities.
InstitutionalBNP Paribas Opens Crypto ETN Access for Retail Clients
France's largest bank BNP Paribas opens access to 6 BTC and ETH ETNs for retail clients. Launch details and the bank's broader crypto strategy.