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Tokenization Growth to Depend on Use Cases, Benefits

Tokenization Growth to Depend on Use Cases, Benefits

Financial institutions are weighing the business case for tokenizing assets and regulatory considerations, Ripple’s James Wallis says By Ben Strack Though Ripple is in talks with financial institutions exploring real-world asset tokenization, there remains work to be done before mass traditional finance migration to this space occurs. James Wallis, who leads business development for RWA tokenization with financial institutions at Ripple, told …See the Story
SPiCE VC Executes Third Investor Payout, Solidifying Position as Top Performing VC in Blockchain Sector

SPiCE VC Executes Third Investor Payout, Solidifying Position as Top Performing VC in Blockchain Sector

100% Right coverage: 1 sources
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RWA News: Apex Group Expands Into Tokenization Buying Majority Stake in Tokeny
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RWA News: Apex Group Expands Into Tokenization Buying Majority Stake in Tokeny

100% Center coverage: 2 sources
Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on public blockchains.According to the deal, Apex expects to take full ownership of Tokeny over the next three years, after first investing in the company in late 2023, Apex said in a press release. The comp…See the Story
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