|
|
Back to digest
Real-World Assets Move to Blockchain as Major Institutions Tokenize
DeFi1 min read

Real-World Assets Move to Blockchain as Major Institutions Tokenize

Franklin Templeton, a $1.7 trillion investment firm, partnered with Ondo to enable 24/7 stock trading on blockchain, eliminating traditional market hour restrictions. This represents a significant step toward integrating traditional financial markets with blockchain infrastructure. Invesco, managing $2.4 trillion in assets, took control of Superstate's $900 million onchain fund, accelerating the broader tokenization trend. Monument Bank announced plans to tokenize 250 million pounds of customer retail deposits in the UK, marking the first major tokenization of customer bank deposits. Bitpanda launched Vision Chain, a tokenization platform designed specifically for banks to convert real-world assets into digital tokens. Nasdaq partnered with Talos to solve collateral bottleneck problems in institutional tokenization. The World Gold Council released a framework for tokenized gold, allowing the precious metal to be represented as digital tokens while maintaining real-world backing.

Why it matters

Tokenizing real assets like stocks and gold on blockchain makes them easier to trade 24/7 and potentially reduces costs. This trend shows traditional finance is increasingly using blockchain technology for core operations, not just crypto trading.

Coins mentioned:ethereum
Sources: