Ondo Finance (@OndoFinance): Asset managers, regulators, and banks made notable moves in tokenization this week.
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Asset managers, regulators, and banks made notable moves in tokenization this week. From new research by Franklin Templeton to BlackRock's CEO discussing his vision for tokenization to the UK FCA proposing new rules - institutional adoption continues. Here's what you need to know 👇 1⃣ Franklin Templeton’s latest research says “the time has come for digital assets” Franklin Templeton published new research highlighting why digital assets' time has come, citing broader market access, rising institutional participation, and increasingly favorable regulation. https://t.co/3DHkKoa98G 2⃣ BlackRock CEO on CNBC: “We’re just at the beginning of the tokenization of all assets” BlackRock CEO Larry Fink outlined his vision for tokenized markets on CNBC, stating "We're just at the beginning of the tokenization of all assets." As head of the world's largest asset manager ($11T+ AUM), his comments signal growing institutional conviction. https://t.co/VcDW6nEI2j 3⃣ FCA releases “Progressing Fund Tokenization” paper to accelerate the tokenization of authorized funds in the UK The UK's Financial Conduct Authority proposed new rules enabling asset managers to tokenize authorized funds, including support for tokenized Money Market Fund units as eligible collateral under UK EMIR. https://t.co/dLO73SyCkT 4⃣ DekaBank partners with Boerse Stuttgart Digital to bring crypto to 50M German customers Boerse Stuttgart Digital expanded its partnership with DekaBank to develop crypto trading for over 50 million retail clients across Germany's savings banks. https://t.co/e6btwJqu1J