Introduction
The investment landscape is changing rapidly, but many opportunities remain out of reach for the average investor. Access to high-return assets like tokenized stocks, private equity, and differentiated stock funds is often reserved for high-net-worth individuals and institutions. This limits the potential for widespread financial growth and leaves many on the sidelines. Scenium aims to democratize access to these opportunities, allowing everyone to participate in sophisticated investments that were once exclusive.
Democratizing Access to Sophisticated Investments
Tokenization is the key to changing how people invest. By offering tokenized versions of high-value assets, Scenium makes it possible for regular investors to buy, sell, and trade on the blockchain. This includes everything from tokenized stocks that represent company ownership to private funds like venture capital and hedge funds that were traditionally accessible only to the wealthy. Tokenization breaks down barriers by allowing fractional ownership, so anyone can invest in high-performing assets without needing large sums of money.
Scenium simplifies the regulatory complexities too, ensuring that everyone regardless of financial background can participate in these lucrative opportunities. Compliance with local and international regulations is crucial for wider adoption and accessibility. By creating a secure, transparent environment for asset tokenization, Scenium enables anyone to invest in high-performing assets, regardless of their location or background.
Tokenized Stocks, Private Funds, and Cryptocurrencies
Scenium offers a diverse range of tokenized investment options. Tokenized stocks allow you to invest in companies and gain exposure to their growth without putting down large sums. These assets are represented on the blockchain, providing real-time trading and transparency. This means that anyone, regardless of their wealth, can invest in high-performing companies that were once out of reach.
Private funds on Scenium give access to exclusive investment opportunities like hedge funds and venture capital funds. Traditionally, these funds required significant capital, but tokenization allows for fractional ownership. This opens up a broader range of investment opportunities to regular investors, enabling them to diversify their portfolios and benefit from these assets’ potential.
Cryptocurrency trading on Scenium also provides flexibility. Whether you prefer a decentralized exchange (DEX) for privacy and control or a centralized exchange (CEX) for convenience, Scenium offers both options. This range of choices allows investors to manage their assets according to their preferences, no matter where they are in the world.
Addressing Financial Exclusion and Supporting Sustainable Economic Development
Scenium focus on financial inclusion goes beyond just providing access to high-value investments. It’s about empowering everyone to take control of their financial future. By offering tokenized assets, Scenium helps reduce economic disparities by making investments accessible to a broader audience. This is crucial for supporting sustainable economic development globally.
The tokenization of real-world assets on Scenium also supports local economies and small businesses. By enabling the tokenization of real estate and agricultural projects, Scenium provides new funding sources to sectors that are often overlooked by traditional finance. This not only promotes transparency and accountability but also allows a wider range of investors to participate in high-value projects. With blockchain technology, all transactions are recorded on a tamper-proof ledger, reducing corruption and building trust in financial systems.
Future Prospects
The future of investment is tokenized, and Scenium is leading the way in making these opportunities available to everyone. As the tokenization market grows, the projected value to reach over $24 trillion by 2030 reflects the increasing importance of platforms like Scenium. It’s not just about access; it’s about empowerment enabling everyone to invest wisely and take control of their financial future. Scenium is more than just a marketplace; it’s a tool for economic empowerment, helping to bridge the gap between traditional finance and the emerging digital economy.
Scenium commitment to financial inclusion ensures that everyone, regardless of background or location, has the opportunity to invest and grow their wealth. As Scenium continues to innovate and expand its offerings, it’s poised to play a critical role in shaping the future of finance. By democratizing access to sophisticated investments, Scenium is making sure that everyone has a fair chance to achieve their financial goals and be part of a sustainable economic development story worldwide.
In conclusion
Scenium is about building a better, more inclusive financial system. As it continues to evolve and expand, it’s not just providing access to high-value investments but also fostering a more equitable global financial system. With its focus on democratization, transparency, and empowerment, Scenium is leading the investment revolution, making the future of finance accessible to everyone.
#RWA #Tokenization #Web3 #Scenium

The Digital Assets Association (DAA), a non-profit focused on advancing institutional adoption of tokenized assets, announced its official launch this week.

Headquartered in Singapore but with a global outlook, the DAA brings together stakeholders from across financial services, fintech, law and technology.

TLDR

Digital Assets Association (DAA) launches to bridge traditional finance and RWA tokenization

Founding committee has senior leaders from DigiFT, Onfet, Tranchess, Banking Circle, Standard Chartered, Bright Point

Aims to facilitate collaboration, develop standards, advocate responsible adoption, empower workforce

Citi report predicts tokenization of assets could reach $4 trillion by 2030

DAA will host events, engage policymakers, offer training to progress the ecosystem

With founding committee members from innovative startups to banking giants, the DAA reflects the widespread belief that asset tokenization and decentralized finance will transform traditional finance. It provides a platform to collaborate on critical issues like regulations, standards, and workforce development to responsibly unlock this potential.

The DAA germinated from several like-minded organizations already active in the ecosystem. DigiFT, a regulated on-chain exchange for real-world assets (RWA), is pioneering new tokenized markets with approval from Singapore’s central bank. Blockchain platform Onfet enhances operational efficiency through tokenization. And Tranchess develops tokenized funds tracking everything from crypto to real estate.

These founders recognize tokenization could be the ‘killer app’ for blockchain in finance. One often-cited Citi forecast predicts over $3.8 trillion of assets tokenized by 2030. While adoption is still early, the DAA sees an opportunity to proactively address the barriers holding back institutions from capturing this value – whether legal uncertainties or technology challenges.

The DAA’s four key initiatives center around education, standardization, policy advocacy and talent development. Through conferences and working groups, members can learn tokenization best practices from experts across various domains. By facilitating discussion on issues like interoperability, data transparency, and risk management, the DAA aims to develop common standards all ecosystem players can rally around.

Meanwhile, the DAA’s regional chapters will engage with lawmakers and regulators to promote balanced policymaking. And identifying future talent needs, the DAA looks to nurture a workforce fluent in both blockchain and institutional finance through dedicated training programs.

With this multi-pronged effort, the DAA seeks to foster an environment where tokenization can continue evolving responsibly. And the collective expertise of its members should add credibility in pushing the conversation forward with regulators still hesitant about embracing decentralized technologies.

On the startup side, the DAA’s base of institutions and investors can also accelerate the growth of high-potential tokenization ventures. So whether from a startup or enterprise perspective, the DAA looks to advance the entire digital asset ecosystem.

As DigiFT CEO Henry Zhang summarized, “The launch of DAA is meant to be that platform that empowers the financial services ecosystem to unlock the full potential of tokenization.”

The post Bridging Traditional Finance and Crypto: Inside the Digital Assets Association appeared first on Blockonomi.

According to CoinDesk, the last six months in crypto markets have been dominated by two main narratives: the prospect of Bitcoin ETFs, which were approved by the SEC in January, and so-called real world assets (RWAs). Both traditional and decentralized finance experts have hailed these related innovations. BlackRock CEO Larry Fink told CNBC, “ETFs are step one in the technological revolution in the financial markets. Step two is going to be the tokenization of every financial asset.”

The final objective for all financial assets should be bringing the entire value chain, not just the end product, on-chain. This includes equities, fixed income, cash equivalents, alternative investments, and the many structured products that build on top of them. Unparalleled efficiency, transparency, and programmability can be enabled from origination and issuance to settlement and custody.

Traditional financial firms like WisdomTree are already pushing past simple token wrappers and embracing broader blockchain capabilities for capabilities like settlement, record-keeping, and exchange infrastructure. J.P. Morgan Onyx is also exploring on-chain settlement and rebalance execution for alternative assets and broader portfolio management. Blockchain-native organizations like Goldfinch and Maple are bringing credit markets on-chain with lending facilities and secured collateral. Other asset classes like real estate (RealT), private equity (Tokeny), and carbon credits (Toucan) are coming on-chain too.

In a future where all assets are built, managed, and distributed on-chain, investors, asset managers, and even regulators will benefit from the transparency, efficiency, and disintermediation that results. Lower costs, global distribution, and more efficient markets await on the other side.

The post HSBC Financial Management expects new assets to continue to be strong appeared first on Coinpedia Fintech News

HSBC Hong Kong’s Sami Abouzahr said its net new assets increased significantly last year. In 2023, HSBC’s stock trading, insurance, and fund sales performed very well. Customers are interested in diversifying risks instead of setting up high-interest time deposits. Investors are now aware that holding too much cash will underperform the market. Hong Kong stocks have been neutral but depict a lot of financial strength. In 2024, HSBC will study the introduction of tokenization technology to facilitate investment in physical and virtual assets.

Tel Aviv, Israel, March 26th, 2024, Chainwire

MarketAcross, the world’s leading PR and marketing agency for blockchain firms, today announced that it has partnered with Republic Crypto, the web3 group within global digital finance leader Republic. This partnership will support many of Republic Crypto’s advisory clients with public relations, marketing, and growth services.

Republic Crypto’s world-class strategists guide web3 projects through economic design, tokenization, token offerings, enterprise strategies, and more. The partnership enables Republic Crypto’s advisory clients to access MarketAcross’ PR and marketing experience, which has helped scale many of the world’s largest exchanges and blockchain projects—including Binance, Polkadot, Solana, Polygon, Crypto.com, Huobi, and eToro.

From content strategy to media relationships and amplification, MarketAcross is a one-stop shop for public relations and marketing, offering core services across PR, content marketing, brand reputation, social promotions, influencer outreach (KoL), SEO, community growth, and more.

"Republic Crypto is dedicated to providing comprehensive advisory services to web3 projects, and our partnership with MarketAcross represents an important step forward in our mission,” shared Bryan Myint, Republic Crypto’s co-founder and Head of Advisory. “The collaboration helps ensure that crypto-native projects receive top-tier marketing support, allowing them to stay focused on building their core business and technology.”

MarketAcross Managing Partner, Itai Elizur, added color to the ongoing collaboration with Republic, "We have always valued our relationship with Republic, and we're proud and eager to call them a partner of MarketAcross officially. Working with them over the last few years has been effective, and we’ve always found the two companies' offerings to be synergetic. We’re excited about what the future brings with our trusted partners at Republic." 

Successful web3 public relations and marketing requires a deep understanding of the crypto industry and a deeper network. MarketAcross leadership has spent 10+ years gaining world-class experience and nurturing relationships with many of the industry’s premier media outlets, venture firms, event organizers, incubators, and thought leaders—all supporting their clients’ ambitious growth and brand-building objectives.

Traditional growth and marketing strategies may only sometimes translate directly to the world of web3. Republic Crypto and MarketAcross are collaborating to empower crypto-native projects with crypto-native marketing guidance—combining the firms’ strengths to help projects scale.

About Republic Crypto

Republic Crypto is a leading provider of web3 advisory services, full-spectrum tokenization, blockchain infrastructure, and digital asset management. Republic Crypto is part of Republic, a global technology company pioneering the digital transformation of finance. Republic’s ecosystem has made it possible for 3.5+ million community members across 150+ countries to deploy $2.5+ billion into thousands of private ventures. Backed by Valor Equity Partners, Galaxy Interactive, Morgan Stanley, Hashed, AngelList, and other leading institutions, Republic is headquartered in New York City, with established operations in the US, UK, UAE, and South Korea.

For more information, visit:  Website  |  Twitter  |  LinkedIn

About MarketAcross

MarketAcross is one of the world’s leading blockchain PR and content marketing firms, providing a complete end-to-end content marketing solution for blockchain companies worldwide. MarketAcross has helped many of the industry’s biggest exchanges and blockchain projects build their brand, including Polkadot, Binance, Solana, Polygon, Crypto.com, eToro and more.

For more information, visit:  Website  |  Twitter  |  LinkedIn

Disclaimer: Nothing on this page should be construed as investment advice or a solicitation of business.

Disclaimer. This is a paid press release.

Howard Lutnick, the CEO of Cantor Fitzgerald, articulated his support for crypto stablecoins and the tokenization of financial assets.

“Dollar hegemony is fundamental to the United States of America. It matters to us, to our economy,” Lutnick said at the Chainalysis conference in New York, expressing his backing for well-supported stablecoins like Tether and Circle.

Cantor Fitzgerald is a custodian for Tether Holdings, the largest issuer of stablecoins, which has been scrutinized regarding its backing claims.

Lutnick contends that stablecoins contribute positively to the U.S. economy by driving demand for U.S. Treasuries and representing a non-systemic risk.

Further focusing on the advantages of blockchain technology in finance, Lutnick predicted a major shift towards tokenizing real-world assets (RWA), such as bonds, facilitated by advancements in blockchain technology.

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“I think when proper blockchains […] are fast and cheap, are available, I think you will see over the next 10 years, fundamental tokenization of financial assets,” Lutnick said.

The move towards tokenization aligns with broader industry trends, with major financial institutions like BlackRock, Brevan Howard, and KKR exploring the technology for fund components.

Citigroup‘s projection that the tokenization market could reach $5 trillion by 2030 shows the potential scale of this shift.

However, Lutnick voiced concerns over central bank digital currencies (CBDCs), fearing their perception as tools of surveillance by other nations, notably China, which might view them as the American spy wallet.

Read more: Base’s TPS claim may be inflated by counting failed transactions

According to Cointelegraph: Visa's payment services in the Asia-Pacific region have served more than 1 billion tokens, contributing to a market uplift of over $2 billion last year, according to an announcement from the company on March 26.

Launched in 2014, Visa Token Service (VTS) bridges the gap between traditional banking account information and digital payment services such as Google Pay and Apple Pay. The VTS substitutes a secure numeric token for the usual 16-digit credit/debit card number, allowing consumers to share financial data without disclosing private details or banking information.

Tokenized payment methods like VTS are commonly employed in cross-border payments and international travel, sidestepping numerous friction points involved in cash exchanges or wire transfers across different currencies. A recent Visa survey revealed that 97% of visitors to the Asia-Pacific region preferred to make payments through non-cash means, leading to an average spend of $2,525 per trip in 2023.

"The innovation possibilities are immense with tokenized payment credentials that can unlock new and more personalized consumer experiences beyond physical Visa cards," remarked TR Ramachandran, Visa’s head of products and solutions for the Asia-Pacific region.

Previn Pillay, head of merchant sales and acquiring for Asia Pacific at Visa, added that the company encourages "more merchants to adopt tokenized payments as this technology can make a direct impact to their top and bottom lines."

Visa operates VTS on its proprietary network, VisaNet, which can handle over 56,000 transaction messages per second. Amid the COVID-19 recovery and increasing travel, the demand for international payment methods that minimize fees and friction is rising, significantly contributing to the increasing tokenization of traditional assets.

Payment processing and settlement firm Mastercard has partnered with leading US banks like Citigroup, Visa, and JPMorgan to experiment with distributed ledger technology for banking settlements through tokenization. The collaboration aims to trial a shared-ledger technology called Regulated Settlement Network (RSN), allowing tokenized assets to be settled collectively. This initiative seeks to streamline settlement processes by converting various assets into tokens and settling them on a single distributed ledger platform. The ongoing proof-of-concept (PoC) RSN trials focus on simulating settlements in the US dollar, with the goal of enhancing cross-border settlement efficiency and reducing errors and fraud. The project involves key players like the USDF Consortium, Tassat Group, Deloitte, and 10 major banking institutions, with additional expertise from six other organizations. This innovative approach could revolutionize market infrastructures by enabling 24/7 programmable settlements. Read more AI-generated news on: https://app.chaingpt.org/news

BlackRock debuts tokenized funds, signaling market shift.

CEO Larry Fink champions tokenization for future market evolution.

BUIDL launch accelerates cryptocurrency adoption, transforms financial markets.

BlackRock CEO Larry Fink’s endorsement of tokenized assets as the future of markets set the stage for the firm’s groundbreaking move. Fink’s vision for the future of financial assets emphasizes tokenization’s role in revolutionizing traditional markets, stating, “…the next step is the tokenization of financial assets, and that means every stock, every bond.”

BlackRock's first tokenized fund is a bigger deal than people think Here's why (1/6) pic.twitter.com/1sbPM81a6W

— Bankless (@BanklessHQ) March 26, 2024

Last week, BlackRock stunned the community with the unveiling of its inaugural tokenized fund, BUIDL, on a public blockchain. Teaming up with Securitize, BlackRock introduced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), offering investors the chance to earn U.S. dollar yields by subscribing to the fund through Securitize Markets, LLC.

Notably, key players in the crypto industry, including Anchorage, BitGo, Coinbase, and Fireblocks, are among the initial ecosystem participants in BUIDL. This collaboration marks a significant milestone, highlighting BUIDL as more than just another tokenized treasury fund; it could potentially herald a turning point in the onchain revolution.

Tokenization’s impact on the crypto industry is predicted to surpass even that of spot Bitcoin ETFs. With trillions of dollars in existing capital poised for migration onto blockchain platforms, institutions are increasingly turning their attention to tokenization. BlackRock’s foray into tokenized funds signals a new era for financial markets—one that fully embraces tokenization and sparks a fresh wave of crypto adoption.

The arrival of BUIDL underscores this shift, offering a glimpse into the future of finance where traditional assets seamlessly integrate with blockchain technology. As BlackRock leads the charge, the industry watches closely, anticipating the transformative potential of tokenization on a global scale.

Read Also

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Ripple’s Tokenization Transformation: Navigate the New Frontier of Real Estate

The post BlackRock’s Debut Tokenized Fund Signals Significant Industry Shift appeared first on Crypto News Land.

Coinspeaker Hong Kong Forms Working Group to Support Tokenization, CBDC Interoperability

Hong Kong is taking a bold step towards a digital asse­t-driven future. The Hong Kong Mone­tary Authority (HKMA), the region’s central bank, announce­d the formation of the “Project Ense­mble Architecture Community” on Tue­sday. This industry-wide working group represe­nts a significant advancement in deve­loping standards for Hong Kong’s tokenization marke­t, focusing on the integration of wholesale­ central bank digital currency (wCBDC).

The community unite­s key players from the financial sector, including the HKMA, the Securitie­s and Futures Commission (SFC), the BIS Innovation Hub Hong Kong Centre­, the CBDC Expert Group, and seve­n major private sector entitie­s: Bank of China (Hong Kong), Hang Seng Bank, HSBC, Standard Chartered Hong Kong, HashKe­y Group, Ant Digital Technologies, and Microsoft Hong Kong.

Interoperability with wCBDC for Tokenized Assets

The “Archite­cture Community” aims to enhance inte­roperability betwee­n wCBDC, tokenized money, and toke­nized assets. This focus on seamle­ss interaction holds significant potential, where­ wCBDC acts as a digital bridge to facilitate smooth interbank se­ttlements for tokenize­d assets.

“It will make recommendations on specific topics, initially focusing on setting up a mechanism to support seamless interbank settlement of tokenised deposit through wCBDC for tokenised asset transactions,” stated the HKMA in an official press release.

This collaborative approach shows Hong Kong’s commitment to deve­loping a robust and efficient digital asset e­cosystem. By e­stablishing clear standards and facilitating interoperability, the­ community aims to create a more stre­amlined and secure e­nvironment for both traditional and innovative financial instruments.

Industry Leaders Drive CBDC Innovation

The formation of the “Architecture Community” arrives amidst ongoing efforts by the HKMA to explore the potential of CBDCs. The authority has been actively testing its digital currency, with the second phase of the e-HKD pilot kicking off in March 2024. This pilot is anticipated to run until mid-2025, providing valuable insights into the real-world functionality and adoption of the e-HKD.

Hong Kong’s intere­st in CBDCs starte­d in 2017 with preliminary research. Howe­ver, a major push towards studying the e-HKD, cove­ring both wholesale and retail applications, happe­ned in 2021. The “Architecture­ Community” highlights Hong Kong’s ongoing dedication to innovation and exploration in the digital asse­t space.

By bringing top leaders togethe­r, Hong Kong puts itself at the front of making future-proof financial infrastructure. The focus on working well toge­ther and the ongoing e-HKD trial show gre­at promise for Hong Kong’s goals in the digital asset fie­ld.

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Hong Kong Forms Working Group to Support Tokenization, CBDC Interoperability