Tokenization

Visa Launches Visa Tokenized Asset Platform for Digital Asset Management

Thursday. October 3 at 9:00 PM

1 min. read

Visa has unveiled its new Visa Tokenized Asset Platform (VTAP) to facilitate the issuance and management of digital assets. The platform, currently in a testing phase with Banco Bilbao Vizcaya Argentaria (BBVA) among participants, aims to support various tokenized assets like stablecoins and central bank digital currencies (CBDCs). Vanessa Colella, Visa's global head of innovation, views VTAP as a tool to help banks streamline processes and potentially revolutionize asset exchange. The company plans to pilot VTAP with select customers in 2025 on the public Ethereum blockchain, emphasizing interoperability across different blockchains. Despite its innovative strides, Visa faces legal challenges in the U.S., with the Department of Justice (DOJ) filing an antitrust suit alleging monopolistic practices in debit payments. Additionally, consumer watchdog Accountable.US has accused Visa and Mastercard of operating as a duopoly in the card payments sector to stifle competition.

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Revolutionizing Real-World Assets with AI and Cloud Technology

Saturday. December 21 at 8:00 AM

Plume Network, a full-stack layer 1 blockchain and provider of real-world assets investing (RWIA), has teamed up with Google Cloud and AI firm CloudMile to transform the onboarding process of RWAs. The partnership, announced on December 20th, aims to revolutionize the RWA ecosystem through the use of artificial intelligence and cutting-edge cloud technologies. By leveraging AI capabilities on Google Cloud infrastructure, Plume seeks to streamline the appraisal and onboarding of real-world assets, reducing project assessment times significantly. CloudMile's expertise in AI and cloud technology will play a crucial role in implementing real-time compliance and analytics using Google Cloud's tools. This collaboration not only enhances Plume's data intelligence suite for RWAs but also opens up new investment opportunities in the RWA finance sector. With strategic partnerships and strong financial backing, Plume is poised to lead the way in tokenizing real-world assets and driving innovation in the global asset management landscape.

Tokenization

Tether Expands Hadron Platform for RWA Tokenization

Wednesday. December 18 at 12:00 AM

Stablecoin issuer Tether is set to launch the full user experience of its RWA tokenization platform, Hadron, by February. Through APIs, institutional investors can access the platform-as-a-service toolkit. Tether's focus on the EU stablecoin market highlights its commitment to European influence. Hadron, introduced earlier this year, aims to 'tokenize anything.' CEO Paolo Ardoino announced plans to make Hadron accessible via APIs, allowing seamless integration for institutions and enterprises. Tether's entry into the RWA tokenization market includes Alloy, a gold-backed token. With the RWA tokenization market exceeding $10 billion, Tether seeks to expand Hadron's reach. Amid new EU regulations, Tether is shifting focus but promoting Hadron as a key product. Hadron offers a comprehensive toolkit for compliance, risk management, and more. Tether's strategic investments in the European stablecoin market align with its efforts to stay relevant amidst regulatory challenges.

Tokenization

Rexas Finance: Revolutionizing Asset Management in the Crypto Market

Saturday. December 14 at 9:00 AM

Solana (SOL) is gaining momentum in the cryptocurrency market, aiming to surpass Ripple (XRP) in market capitalization amidst the escalating competition for altcoin supremacy. Meanwhile, Rexas Finance (RXS) is swiftly emerging as a strong contender, focusing on real-world asset tokenization and demonstrating impressive presale performance by raising over $25M. As RXS gears up for its debut on major exchanges, it eyes a potential breakthrough into the top 10, driven by investor confidence and the increasing demand for high-growth altcoins. Rexas Finance offers innovative features like Rexas Token Builder for asset tokenization, Rexas Launchpad for fundraising, Rexas Estate for co-ownership of assets, and Rexas GenAI & DeFi for digital artwork tokenization and asset swapping. With a total token supply of 1 billion, RXS is set to revolutionize the tokenization of real-world assets, backed by a robust security audit by Certik.

Tokenization

Empowering Decentralized AI Agents for Trading Execution

Friday. December 13 at 9:00 PM

IQ has introduced its Agent Tokenization Platform, allowing users to create autonomous agents that hold tokens and operate on a blockchain. These agents function independently, managing their assets and interacting with on-chain protocols under evolving governance structures. Unlike previous AI agent tokens, these agents are sovereign entities capable of enhancing their capabilities through tokenized ecosystems. The platform simplifies processes with conversational AI interfaces, enabling users to direct agents through prompts for complex tasks. As the value of these agents grows, participants gain access to advanced features and share governance responsibilities. IQ's platform emphasizes autonomy, tokenization, and community-driven growth, aiming to make decentralized finance more accessible. By integrating tokenization, autonomy, and on-chain governance, IQ sets a potential precedent for decentralized technology. The platform's deployment on the Fraxtal blockchain ensures true autonomy for agents, aligning with the growing demand for user-friendly on-chain environments.

Tokenization