ChainCatcher news, according to The Block, Deutsche Bank-backed Taurus has expanded its digital asset custody and tokenization services to the Solana network.

ChainCatcher news, according to Cointelegraph, global payment service giant Mastercard reports that 30% of its transactions will be tokenized by 2024; at the same time, Mastercard also recognizes the ability of stablecoins and other cryptocurrencies to disrupt traditional financial services.In documents submitted to the U.S. Securities and Exchange Commission (SEC), the company stated that it has made significant progress toward achieving its goal of an "innovative payment ecosystem," including transaction tokenization, creating solutions to unlock blockchain-based business models, and simplifying access to digital assets. Mastercard stated that it is collaborating with a range of cryptocurrency participants to enable consumers to purchase cryptocurrencies using credit cards and spend balances at merchants that accept its brand. The company also reported a net income of $28.2 billion for 2024, a 12% increase from the previous year.Mastercard acknowledges that stablecoins and other cryptocurrencies are becoming competitors in the payment industry. The company stated that digital currencies have the potential to "disrupt traditional financial markets" and may challenge its existing products. The company noted that due to the accessibility, immutability, and efficiency of digital assets, stablecoins and cryptocurrencies may become more popular as they are regulated.

ChainCatcher news, Huaxia Fund (Hong Kong) announced that its Huaxia Hong Kong Dollar Digital Currency Fund has been approved by the Securities and Futures Commission (SFC) of Hong Kong and is expected to officially launch at the end of February.This fund is the first retail tokenized fund in the Asia-Pacific region, aiming to leverage blockchain technology to provide investors with an innovative investment tool based on the returns of Hong Kong dollar money market funds.

ChainCatcher news, according to official sources, asset management firm Franklin Templeton, with an asset management scale of $1.5 trillion, has expanded the trading of its OnChain U.S. Government Money Market Fund (FOBXX) to Solana.It is reported that FOBXX was launched in 2021, becoming the first money market fund to use a public blockchain to track transactions and ownership.

ChainCatcher news, according to DL News, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, stated in CNBC's Squawk Box program that he will bet on Solana. Although the company holds a "small amount" of Ethereum, the low fees and faster transaction speeds of Solana make him more optimistic about SOL, especially in the area of tokenization.In the field of tokenization, Solana will win this competition. If BlackRock CEO Larry Fink is correct, we will eventually tokenize stocks and bonds, making Solana a more obvious choice.

ChainCatcher news, Nate Geraci, president of The ETF Store, stated on social media that Schwab plans to extend retail stock and ETF trading hours to five days a week, 24 hours a day. Geraci noted that this initiative shows traditional finance is gradually moving towards the trading model of decentralized finance (DeFi), which may lead to full securities tokenization in the long run.Geraci further pointed out that, although there are opinions suggesting that investors should not be allowed to trade at any time, the new generation of investors values accessibility to trading more than arbitrary restrictions set based on personal opinions.

ChainCatcher news, according to The Block, Plume Network has partnered with Superstate to broaden access to tokenized financial products. While providing infrastructure for Superstate, Plume Network users will have access to Superstate's Short-Term U.S. Treasury Bond Fund (USTB) and Cryptocurrency Holding Fund (USCC).The announcement states that USTB will "provide access to short-term Treasury bills," while USCC will "provide access to crypto-based strategies for Bitcoin, Ethereum, and U.S. Treasuries."

ChainCatcher news, the Trump family's crypto project WLFI and Ondo Finance have announced a strategic partnership to promote the adoption of tokenized real-world assets (RWA) and bring traditional finance on-chain.As part of the collaboration, WLFI is exploring the integration of Ondo's tokenized assets as reserve assets into the WLFI network, including the US Dollar Yield token (USDY) (for non-U.S. persons only outside the United States) and Short-Term US Government Treasuries (OUSG).WLFI also plans to integrate Ondo's upcoming USDY, OUSG, and tokenized securities into the WLFI platform, providing its users with lending and margin trading options.

ChainCatcher news, Bitwise CEO Hunter Horsley posted on X: "Meme coins will exist for a long time. They are not Bitcoin.So what are they? As an analogy, what is a signed baseball? What is the merchandise of your favorite band? What is your 'Harvard' branded cap? What are limited edition gold coins? They are culturally rich collectibles.In terms of meme coins: they are tokenized, creating a global market of liquidity. They are not Bitcoin or crypto assets, but something else. And they will exist for a long time."

ChainCatcher news, Imron Khan and Qiao Wang, founders of the Web3 venture accelerator AllianceDAO, recently pointed out in a podcast that most projects combining AI and blockchain are currently somewhat forced. Truly successful projects should allow AI to naturally integrate into blockchain applications, enabling users to experience enhanced product performance without overly focusing on the underlying technology.In response to market trends, they emphasized three directions: first, rumors about the U.S. potentially establishing a Bitcoin strategic reserve have attracted market attention, and if implemented, it would significantly boost institutional investment demand; second, in the competitive landscape of public chains, Solana has become the top choice for entrepreneurs due to its strong performance, with rapid ecosystem expansion, while Coinbase's Base public chain faces challenges due to insufficient liquidity.At the same time, new public chains like Sui and Aptos are challenging traditional L2 solutions; finally, tokenization is becoming a new entrepreneurial model, such as the Vine founder's plan to relaunch the app through token issuance, and the TRUMP token leveraging political influence to achieve market cap growth. This model may reshape project fundraising and user participation mechanisms.

ChainCatcher news, according to CoinDesk, Caroline Pham, the acting head of the U.S. Commodity Futures Trading Commission (CFTC), is pushing for a tokenization pilot program backed by stablecoins. The program will invite executives from digital asset companies such as Coinbase, Ripple, and Circle to participate, but specific dates and details have yet to be determined. Last November, Pham proposed the idea of a tokenization regulatory sandbox through the Global Markets Advisory Committee, but it was not adopted by the previous leadership.Pham stated that this move will promote "responsible innovation," utilizing distributed ledger technology (DLT) to use non-cash collateral, enhancing the U.S.'s global leadership in the digital asset space. Her proposal also mentioned that by improving the infrastructure for regulatory margin-eligible assets, DLT helps address challenges without changing collateral eligibility rules, allowing market participants to identify and manage risks associated with the use of DLT under existing policies.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, the Commodity Futures Trading Commission (CFTC) is planning to hold a CEO forum to discuss the CFTC's digital asset market pilot program for tokenized non-cash collateral, such as stablecoins.Participants include leaders from Circle, Coinbase, Crypto.com, and Ripple. The concept of the crypto pilot program and expanding non-cash collateral through distributed ledger technology was proposed by current CFTC acting chair Caroline Pham.

ChainCatcher news, DWF Labs partner Andrei Grachev posted on the X platform that the next phase of the integration between traditional finance (TradFi) and cryptocurrency should allow clients to tokenize their real-world assets (RWA) and use them as collateral for cryptocurrency businesses, and vice versa.Andrei Grachev added that commodities, real estate, and stocks are the best starting options.

ChainCatcher news, according to Coindesk, Dutch bank ABN AMRO and German regulatory platform 21X have completed a joint proof of concept (PoC) on the Polygon Amoy testnet, enabling the listing of trading pairs between tokenized assets and electronic money tokens. By deploying 21X's on-chain order book smart contract, both parties can complete transactions of tokenized cash and tokenized assets in a single trade.It is worth noting that as a company dedicated to building a blockchain securities exchange, 21X received approval from the German financial regulator BaFin in December 2023.

ChainCatcher news, according to The Block, Robinhood CEO Vlad Tenev published an opinion piece in The Washington Post on Tuesday, calling for the U.S. to update investment regulations to allow startups to tokenize their equity. He pointed out that the current "accredited investor" rules in the U.S. are too strict, limiting opportunities for ordinary investors to participate in private markets.Tenev suggested that the SEC take the following measures:Change the "accredited investor" criteria from a wealth threshold to a "self-certification" mechanismEstablish a registration system for security tokensDevelop clear token listing guidelines for U.S. brokers and exchangesIt is noteworthy that the article was published at a time when the Trump administration has formed a cryptocurrency working group led by acting SEC Chairman Mark Uyeda, aimed at designing a new regulatory framework. This stands in stark contrast to the strict regulatory stance during the Biden administration under Gary Gensler. "The world is moving towards tokenization, and the U.S. cannot fall behind," Tenev stated, while noting that the EU, Hong Kong, Singapore, and Abu Dhabi have all taken the lead in establishing comprehensive cryptocurrency regulations ahead of the U.S.

ChainCatcher news, according to official sources, the tokenization platform Securitize, led by BlackRock, announced that Wormhole has gone live as its primary interoperability solution. The functionality of Wormhole will allow tokenized funds on the Securitize platform to be transferred seamlessly and securely across all blockchain networks supported by Securitize. Securitize's clients include Hamilton Lane, KKR, and BlackRock.

ChainCatcher news, according to The Block, Finality Capital Partners General Manager Adam Winnick believes that Trump's launch of TRUMP is "both fascinating and frustrating." It is fascinating because such a large-scale tokenization could have a significant impact on the crypto industry, the United States, and society as a whole.However, he also pointed out that the nature and timing of this launch are "so bold" and frustrating, "it puts our industry in the spotlight, and I just hope we are ready."This release may also pave the way for more tokens related to public figures. "Tokens may flood in, and we will see more celebrity tokens. This is a deal, but it won't be combined with it," said Dan Matuszewski, co-founder and head of CMS Holdings, which purchased TRUMP and sold it, "neither hitting the top nor the bottom."

ChainCatcher news, BlackRock CEO Larry Fink stated on CNBC that he hopes to "accelerate the approval process for the tokenization of bonds and stocks."