It’s Hard to Fund Midsize Green Assets. This Tokenization Startup Wants to Change That
Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.
Binary trading platforms with better performance and payouts
Tokenization
Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.
Sonnenshein left asset management firm Grayscale, issuer of spot bitcoin and ether ETFs, earlier this year.
The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender.
The tokenization platform is part of Tether’s ambition to diversify its business from issuing the $126 billion USDT stablecoin.
A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.
The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.
Wall Street giant Franklin Templeton has made its $410 million OnChain U.S. Government Money Market Fund available Base in addition to Stellar, Aptos, Avalanche, Arbitrum and Polygon.
The U.S. Treasury Department’s panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector.
Tokenization of conventional financial products is a booming sector within the digital asset industry, with BlackRock, HSBC and now Lazard among the global firms entering the space.
Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo.