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More than $1B in Bitcoin has been tokenized for DeFi

Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which migrated over the past 30 days, the Cointelegraph reported. More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in […]

State Street: 38% of Clients Will Put More Money into Digital Assets in 2020

The majority of asset managers that bank with State Street are interested in digital assets such as bitcoin, but none have asked the global custodian to store them yet.  “We’re talking to them less about ‘Can you custody this,’ and more about how we can work together to make sure these changes aren’t disruptive to […]

Tokenized Securities: Curb Your Enthusiasm

Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here.  With so much buzz around tokenized securities, compounded by strong progress from […]

Another Token Project Launches on the Bitcoin Cash Network

As news.Bitcoin.com announced, new smart contract and tokenization system has been launched on the Bitcoin Cash (BCH) network. On Oct. 31, BCH developer Clemens Ley released the alpha version of Bitcoin Token, a Javascript library built to develop autonomous contracts, BCH-based tokens, and integrate payments into web applications. Project Bitcoin Token Launches Alpha Version In August, […]