Author: Will Canny
Copper to Supply Custody Providers for Tokenized Cash Market Funds Akin to BlackRock's BUIDL
Tokenized Treasuries are digital representations of U.S. authorities bonds and are on the forefront of the illustration of real-world property on blockchains, permitting them to be traded as tokens on networks resembling Ethereum, Stellar, Solana and Mantle. Digital asset corporations and TradFi heavyweights have been racing to place monetary devices resembling authorities bonds, non-public credit score and cash market funds on blockchain rails, to attain operational efficiencies and quicker settlements. Supply hyperlink
The U.S. election consequence ought to enhance regulatory readability for digital belongings, with the Securities and Change Fee (SEC) and Senate Banking Committee changing into extra crypto pleasant following Donald Trump’s victory within the presidential race and the Republican social gathering securing management of the Senate, dealer Bernstein stated in a analysis report Thursday. Supply hyperlink
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