News SMEs in Switzerland to Tokenize Their Shares SMEs in Switzerland gained access to investment and increased liquidity by tokenizing their shares on the Ethereum network and then listing digital assets on a local crypto exchange. Aktionariat AG,… 27 mins ago (upd. 26.09.2024) #News #Tokenization
News Over 75% of Consumers Ready to Ditch TradFi for Innovative Payment Solutions Younger generations and the rapid growth of FinTech companies are forcing traditional financial institutions (TradFi) to adapt to evolving market conditions to retain their customers, 75% of whom are ready… 2 hours ago (upd. 26.09.2024) #FinTech #News #Payments
News Tokenized Stocks of Large TradFi Companies Issued in EU Institutional investors in the EU gained the ability to trade stocks of TradFi companies such as Tesla, Microsoft, Google, and GameStop tokenized on the Polygon network. INX Digital Company, Inc.,… 1 day ago (upd. 25.09.2024) #Investments #News #Tokenization
News DTCC Tests Tokenization of Collateral with U.S. Treasuries The Depository Trust & Clearing Corporation (DTCC) successfully completed a pilot to tokenize U.S. Treasuries to streamline collateral management processes. The DTCC, one of the world’s largest post-trade services providers,… 2 days ago (upd. 24.09.2024) #Finance #News #Tokenization
News BIS Expands Development of Unified Ledger for Cross-Border Payments Project Agorá, initiated by the Bank for International Settlements (BIS), entered the design phase. Over 40 private sector financial organizations joined the development of a unified programmable platform to integrate… 1 week ago (upd. 17.09.2024) #Finance #News #Tokenization
News Market Cap of Tokenized Assets Exceeds $12 Billion The global tokenized real-world asset (RWA) market continues to show impressive growth,reaching an all-time high of $12 billion in September 2024. The surge is driven by tokenized U.S. Treasuries, private… 1 week ago (upd. 16.09.2024) #Finance #News #Tokenization
News DZ BANK to Open Access to Crypto for 700 German Banks DZ BANK Group entered into an agreement with Boerse Stuttgart Digital to enable around 700 cooperative banks in Germany to offer their customers digital asset storage and trading services. The… 6 days ago (upd. 20.09.2024) #Cryptocurrency #FinTech #News
News Half of Largest Deals in Global FinTech Involve U.S. American companies continue to dominate the global FinTech market, with 50% of the largest deals in 2024 occurring in the U.S. However, global funding for FinTech firms fell 46% YoY… 7 days ago (upd. 19.09.2024) #Business #FinTech #News
News Louisiana Residents to Pay for State Services with Crypto The southeastern U.S. state of Louisiana accepted its first cryptocurrency payment for government services. The transaction was made via the Lightning Network, Bitcoin’s L2 protocol. Residents of Louisiana officially gained… 1 week ago (upd. 19.09.2024) #Cryptocurrency #FinTech #News
News Visa to Issue Crypto Card for Wealthy Users Visa will launch a card for ultra-high-net-worth (UHNW) individuals, allowing them to quickly and securely convert digital assets into fiat currency. Payment giant Visa is partnering with dtcpay, a Singapore-based… 3 days ago (upd. 23.09.2024) #Finance #News #Payments
News Canada Rejects CBDC and Develops National Payment Systems The Bank of Canada (BoC) suspended the development of a retail central bank digital currency (CBDC) in order to focus on regulating the payments sector and modernizing national payment systems…. 3 days ago (upd. 23.09.2024) #CBDC #News #Payments #Regulation
News Most Payment Systems Need Tech Upgrades A survey of global payments executives found that payment solutions in use are in need of significant technology upgrades, a view shared by 79% of respondents. The survey, conducted by… 1 week ago (upd. 18.09.2024) #Analysis #News #Payments