Tokenization Weekly - No. 59
Hao Wang, CFA, CFtP
Investor+Founder+C-Level in Blockchain+AI+Fintech. English, 中文, 日本語 and Espa?ol. Tokenization Dreamer and Pioneer
Welcome to our weekly newsletter from on Real World Asset (RWA) tokenization! We bring you the latest news, trends, and insights from the past week. Let's dive in!
1. ???? Hong Kong's Stablecoin Bill: Hong Kong’s Legislative Council is discussing a new stablecoin bill as part of its push to become a leading crypto hub.
2. ?? Musk's DOGE and Blockchain Adoption: Elon Musk's DOGE is exploring blockchain adoption to enhance government efficiency, with potential use cases including tracking federal spending and managing buildings. However, discussions are still in early stages.
3. ?? Nasdaq's Bitcoin ETF Changes: Nasdaq has filed to amend BlackRock's Bitcoin ETF to allow for in-kind redemptions, addressing concerns that have been discussed with the SEC for over a year.
4. ?? Solana's Stablecoin Supply Surge: The supply of Solana-based stablecoins has reached a new peak, increasing nearly 110% since January to surpass $10 billion, driven largely by Circle’s USDC issuance on the network.
5. ?? CME Futures for XRP and Solana: A staging website for CME suggests that XRP and Solana futures will go live on February 10, pending regulatory approval.