Circle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote.The companies closed the deal this morning, a Circle spokesperson told CoinDesk and was announced in Davos, Switzerland during the annual World Economic Forum meeting. The companies didn't reveal pricing details.Circle aims to integrate USYC with USDC, Circle’s flagship stablecoin, enabling convertibili…

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USDC Stablecoin Issuer Circle Acquires Hashnote, a $1.3B Tokenized RWA Firm

The stablecoin giant is facing off against BlackRock in a bet that more money market transactions will move on to blockchain.

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Circle acquires Hashnote, which just overtook BlackRock in tokenized money market funds

The deal combines the issuers of the second-largest stablecoin and the largest onchain money fund by market cap.

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Circle acquires Hashnote, USYC onchain money fund

Krisztian Sandor / CoinDesk:
Circle, which issues the USDC stablecoin, acquired Hashnote; rwa.xyz data: Hashnote's USYC token last year become the largest tokenized US Treasury product  —  Circle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote.

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Circle, which issues the USDC stablecoin, acquired Hashnote; rwa.xyz data: Hashnote's USYC token last year become the largest tokenized US Treasury product

BizToc

Stablecoin issuer Circle has acquired Hashnote, a tokenization startup incubated by Cumberland Labs, for an undisclosed sum.

CryptoPanic

Circle acquires tokenization startup Hashnote, incubated by Cumberland Labs

Circle aims to increase USDC usage by acquiring Hashnote. USYC will be integrated into the Circle platform and used as collateral. Read More:Circle Acquires Major Crypto Company

Circle, Hashnote'u satın alarak USDC kullanımını artırmayı hedefliyor. USYC, Circle platformuna entegre edilerek teminat olarak kullanılacak.Devamını Oku:Circle, Dev Kripto Şirketini Satın Aldı

CoinStats - Circle, Dev Kripto Şirketini Satın Aldı...

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CoinStats - Circle Acquires Major Crypto Company...

Circle, the issuer of the $48 billion USDC stablecoin, has announced its acquisition of Hashnote, a leading issuer of tokenized real-world assets. Hashnote is the creator of USYC, a tokenized money market fund with over $1.3 billion in assets. The acquisition was finalized during the World Economic...

http://coinprofitnews.com

Circle Boosts USDC Adoption With Hashnote Buy and Tokenized Fund Integration

Circle announced on Jan. 21 the acquisition of the tokenization firm Hashnote, the issuer of the USYC token. Additionally, the company closed a partnership with the market maker DRW Cumberland to drive USYC and USD Coin (USDC) in crypto and traditional markets. According to rwa.xyz data, Hashnote’s tokenized money fund Hashnote Short Duration Yield Coin is the largest in the world, with over $1.2 billion worth of tokens USYC issued on multiple b…

CryptoSlate

Circle acquires RWA issuer Hashnote, partners with DRW to enhance USDC liquidity

Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund with nearly $1.3 billion in assets. Circle said as part of the deal it will integrate USDC with Hashnote’s US Yield Coin, which allows investors […] The post Stablecoin issuer Circle buys Hashnote crypto money-market fund manager appeared first on SiliconA…

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Stablecoin issuer Circle buys Hashnote crypto money-market fund manager - SiliconANGLE

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USDC Stablecoin Issuer Circle Acquires Hashnote, a $1.3B Tokenized RWA Firm

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