Tag: tokenized

Tokenized US gold could ultimately benefit Bitcoin: NYDIG

coiner

An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst. Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March 21 note that Trump administration officials, including Elon Musk, have floated using a blockchain to track US gold and government spending — an idea supported by crypto executives. “Here’s the thing about blockchains. They’re not…

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Implementing tokenized securities for regulatory compliance

coiner

Tokenization, today, is no longer a buzzword but a phenomenon that needs more comprehension. Over the years, on-chain tokenized securities have gained acceptance among the big shots of the finance sector that want to leverage it for newer investment opportunities.  As understood, converting traditional securities such as real estate assets, stocks, bonds, etc., into digital tokens over a blockchain is known as tokenized securities in the popular sense.  Since they are programmable, tokenized securities enable the implementation of automated compliance rules and the execution of complex financial transactions. While we…

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