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Sunday read: JPMorgan's Kinexys $JPM whitepaper on asset tokenization. "The asset tokenization market, currently valued in billions, is poised for exponential growth, with industry analyses projecting a multi-trillion dollar future. However, realizing this transformative… https://t.co/QKN9AVJQft
Sunday read: JPMorgan's Kinexis $JPM whitepaper on asset tokenization. "The asset tokenization market, currently valued in billions, is poised for exponential growth, with industry analyses projecting a multi-trillion dollar future. However, realizing this transformative… https://t.co/yysqottPMI
What's cool is that Kinexys $JPM defined the use cases that blockchain unlocks for corporate customers. These use cases are way more interesting than the use cases in consumer payments. Just think about this one: "automatically move funds cross-border in a “follow the sun” model… https://t.co/FsbPsTn17d https://t.co/O9po6K8AuE
Apollo Global has launched a tokenized private credit fund, named ACRED, in partnership with Securitize. This fund, which has an assets under management (AUM) of $1.3 billion, is now available across six blockchains, including Ethereum and Solana. The initiative aims to bridge traditional finance with blockchain technology, tapping into the growing private credit market. The launch reflects a broader trend of tokenization within financial markets, as institutions increasingly explore blockchain solutions for liquidity and investment opportunities.
