Tag: Financial Innovation

news-24072024-234747

Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference

Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants the Federal Reserve to consider holding Bitcoin as a strategic...
news-21062024-122807

Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags Behind

Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags BehindAccording to a recent report by global consulting firm McKinsey & Company, the adoption of tokenization is expected to happen in waves, with assets...
news-18062024-171557

RWA Tokenization: Infineo Minting $9M Life Insurance Policies on Provenance Blockchain

Life insurance policies are now being transformed into digital tokens on the blockchain, thanks to Infineo's recent $9.4 million minting of tokenized policies on the Provenance network. This marks the first-ever tokenized life insurance...