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The final frontier in asset tokenization

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Despite ostensibly being very different assets, Bitcoin (BTC) and oil share a lot in common. They’re both commodities, for one thing, and are famously hard to extract. Significant work is required to…

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Virtune launches first Stablecoin Index ETP in Europe

Swedish crypto asset management company Virtune announced the launch of the Stablecoin Index ETP on Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. Summary Swedish-regulated asset manager Virtune has launched Europe’s first stablecoin-focused exchange-traded product, the Virtune Stablecoin Index ETP. Backed by crypto assets held with Coinbase and listed across major European exchanges, the ETP…

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UBS brings fund redemptions onchain in live Chainlink test

UBS executed the first live, in-production transaction for a tokenized money market fund. The end-to-end workflow leveraged Chainlink’s infrastructure to process subscription and redemption orders directly on the Ethereum blockchain. Summary UBS completed the first live onchain subscription and redemption of a tokenized money market fund using Chainlink’s infrastructure on Ethereum. The transaction utilized Chainlink’s…

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Native IPOs may be coming on-chain

President of the Solana Foundation, Lily Liu stated that her team is working on creating an “internet capital market” that would launch on-chain IPOs in the near future. Summary Solana Foundation President Lily Liu announced plans to build an “internet capital market” and enable on-chain native IPOs, aiming to bridge traditional finance with blockchain technology….

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