FF
Stocks sold off this week as investors moved into US Treasuries. And Treasuries are useful for more than just being a safe haven. Last month, BNY settled a tokenized Treasury in minutes, and Citadel Securities used it to borrow cash overnight. Normally, settling a Treasury
4 replies·4 reposts·30 likes·2,269 views
FF
Tokenized stocks hit a record $4.24B onchain. New issuance drove the growth, just over 3 days since Sunday: • $1.11B in new tokens minted • $213M burned • $898M in net new supply Here's the daily breakdown: Monday: +$271M in net supply, offset by a $150M price decline
0 replies·1 reposts·19 likes·1,883 views
FF
In the late ’90s, plenty of companies had a website but no way to take an order. A lot of tokenized assets are in a similar spot today: they’re onchain, but their utility often stops at holding or trading. Collateral changes that, and we’re bullish on the future.
2 replies·3 reposts·23 likes·2,285 views
FF
You can use tokenized stocks and ETFs as collateral to mint USDf on Falcon. Classic Mint accepts 15 tokens from xStocks, Ondo and Robinhood, including tokens for NVIDIA, Tesla, the S&P 500 and gold. Here’s the full list 👇
1 replies·5 reposts·21 likes·4,589 views
FF
Nvidia, Nike and Reddit are among 50 companies objecting to third-party tokenized versions of their shares trading on OKXICE’s planned venue. Their objections come during a busy week for tokenized stocks. DTCC’s tokenization service went live, with 20 firms, including J.P.
4 replies·0 reposts·25 likes·2,180 views