“The Investment Management Firm is Bringing Two of Its Hedge Funds On-Chain in Partnership with Apex Group’s Tokeny.”, – WRITE: www.coindesk.com
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The FIRM IS BRINGING ITS Digital Macro Master Fund and Legion Strategies On-Chein in Partnership with Tokenization Provider Tokeny and Its Parent, Apex Group, which manages more. Press Release Shared with Coindesk On Tuesday. Apex Acquired Tokeny Earlier this year.
The initiative uses of the ERC-3643 Token Standard with Operation Support from Apex’s Digital 3.0 Platform, Which Handles Issuance, Administration, and Distribution.
Skybridge’s Decision Underlines The Growing Appeal of Using Blockchain Rails to Transfer and Record Ownership of Traditional Financial Instruments Like BONDS Real-World Assets (RWA). Global Banks and Asset Managers Are Exploring this Technology to Cut Settlement Times, Increase Transparency and Keep Markets Open Around the Clack.
SECURITIZATION FIRM VERT CAPITAL ANNOUNCED TO TOCENIZE $ 1 Billion of Debt and Receivables on XDC Network and DEBUTED ATKENIZED Credit Platform on Xrp Ledger, Also Offers Tokens of Various Funds by Hamilton Lane, Apollo and Kkr.
The tokenized Rwa Market Has Doubled Over The Past Year, Surpassing $ 26 Billion, Per Rwa.xyz Data, and Is Projected to Grow Into a Trillion-Dollar Market. Ripple, BCG and Others.
“We Look Forward to Bringing Our Hedge Funds Into The Digital, On-Cheain Era, Improving Transparency, Liquidity, and Accessivity For Our Investory, and Demonstrating Howl. Together to Create Smarter, More Efficient Investment Solutions, “Skybridge Capital Founder and CEO Anthony Scaramucci Said in A Statement.
Avalanche IncreASINGLY AIMS to POSION ITSELF AS A HUB FOR TOCENIZED assets. Bergen County in New Jersey Uses The Network to Digitize Property Deeds of $ 240 Billion in Real Estate, Combating Fraud and Cutting Processing Time.
Read More: Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization
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Jenny Johnson Said She Likes the “Picks and Shovels” of the Industry.
- Franklin Templeton Ceo Jenny Johnson Called Bitcoin A “Fear Currency” and SAID IS A DISTRACTION FROM BLOCKCHAIN’S REAL PETENTIAL.
- Johnson Believes The Best Crypto Investments Lie in Infrastructure – Including Blockchain “Rails,” Consumer Apps and Node Validators.
- She Expects Mutual Funds and Etfs to Eventuly Run on Blockchains But Says Regulatory Risk Is Slowing that Transition.
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