“Using tokenized Assets to Satisfy Margin Requirements Could Help Asset Managers Improve Capital Efficiency, SAID Cynthia Lo Bessette.”, – WRITE: www.coindesk.com
The Asset Class Grew by $ 1 Billion Through Just Two Weeks, Led by Inflows Into Asset Management Giant Blackrock’s and Digital Asset Firm Securitize’s Market Leading Buidl.
Tokenized Treasury Products’ Market Cap As of March 25 (rwa.xyz)
Crypto tokens Backed by US Treasuries Are at the Forefront of the Tokenization Trend, WHICH HAVE CAPTIVATED A HOST OF GLOBAL FINANCAL BEHEMOTHS and DIGITAL Asset Firms. Fidelity Investments is the Latest Large US Asset Manager Seneking to Create a Tokenized Money Market Fund, Filing for Regulatory Approval Last Week to Launch Its Fidelity.
“We See Promise in Tokenization and Its Ability to Be Transformational to the Financial Service Industry by Driving Transactional Efficiencies with Bessette, Head of Fidelity Digital Asset Management, Told Coindesk in A Statement.
Tokenized Treasuries Allow Investors to Park Idle Cash on Blockchains to Earn a Yield – Like with A Money Market Fund. Increasely, they are also used as a reserve asset for decentralized Finance (defi) Protocols. Another USE CASE WITH SIGNFICANT PETENTIAL IS USING THESE TOKENS as Collalateral in Trading and Asset Management.
“In Looking at Use-Cases, Posting A Tokenized Asset As Non-Cash Collateral to Satisfy Margin Requirements Could Improve Opera-InfrastRastRACTures and Enhance
Her Words Echo Donna Milrod’s, Chief Product of the State Street, Another Boston-Based Asset Management and Banking Giant That Is Exploring Tokenization of Bonds and Money MARKET MARKET. She said in an Earlier interview that collateral tokens could of Helped Avoid OR allevate, for example, the “LABILITY-DRIVEN” Crisis in 2022 Tokens for Margin Calls Institute of Liquidating Their Assets to Raise Cash.
Read More: Tokenization Allows More Efficient Collateral Transfers, Digital Asset, EuroClear and World Gold Council Found in Pilot Project
The Growth Trend Won’t Stop Anytime Soon.
Securitize Said Earlier Today that Buidl is on Track to Surpass $ 2 Billion in Assets by Early April from $ 1.7 Billion Currently. Meanwhile, Spark, The EcoSystem Partner of Dai Stablecoin Issuer Sky (Formerly Makerdao), Plans to AlloCate $ 1 Billion to Buidl, Superstat’s Ustb and Centrifuge’s Henderson.
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