ChainCatcher news, according to Coindesk, the decentralized finance protocol Grove officially launched this Wednesday, focusing on building institutional-grade credit infrastructure, and announced a strategic investment commitment of $1 billion in tokenized assets. DeFi lending giant Sky will allocate $1 billion to the Grove protocol for investing in tokenized collateralized loan obligations (CLOs).The protocol aims to bridge DeFi and traditional financial assets by bringing on-chain funds into regulated credit investments (with a focus on collateralized loan obligations CLOs). Grove's infrastructure allows crypto-native protocols and asset management companies to invest in real-world assets (RWA), thereby activating idle reserves and generating returns independent of the crypto market. The protocol is incubated by the DeFi specialist Steakhouse Financial, which played a key role in introducing RWA to the Sky ecosystem.

ChainCatcher news, the crypto payment company Alchemy Pay announced a partnership with the RWA tokenization platform Backed, planning to launch the xStocks product on its Alchemy Pay RWA investment platform, covering 55 tokenized assets of US stocks and ETFs, including Apple, Tesla, Google, and SPY, and introducing the world's first fiat-to-RWA investment channel.In the future, users will be able to directly purchase these tokenized assets with fiat currency, without the need to hold cryptocurrency or go through intermediary brokers, lowering the threshold for global users to access traditional financial assets. Alchemy Pay stated that it will continue to expand more on-chain RWA assets and partners in the future.

ChainCatcher news, according to Decrypt, Franklin Templeton's digital assets division announced the launch of the patented feature "Intraday Earnings" on its tokenized asset platform Benji, allowing investors to earn real-time calculated returns by holding tokenized securities for just a few seconds. This feature is initially deployed on the Stellar blockchain and will be expanded to Ethereum and seven other supported networks in the future.The new mechanism breaks the traditional financial model of daily settlement of earnings, enabling daily earnings calculation and distribution even on non-trading days. The platform also opens up a direct connection feature for on-chain wallets, allowing users to purchase or redeem tokenized securities directly using stablecoins.Currently, the total issuance of BENJI tokens reaches $775 million, with $490 million deployed on the Stellar network. According to rwa.xyz data, Franklin's tokenized fund FOBXX ranks second in the industry, following BlackRock's $2.9 billion BUIDL fund. Standard Chartered predicts that the global tokenized asset scale could reach $30 trillion by 2030.The institution revealed that the Benji platform has the capability of a "white-label solution," providing tokenization technology services to other institutions. The U.S. Congress is currently reviewing a cryptocurrency regulation bill, which, if passed, will pave the way for traditional financial institutions to enter the market.

ChainCatcher news, according to Forbes, in the latest move as traditional financial institutions increasingly embrace blockchain and tokenized assets, banking giant Bank of New York Mellon (BNY) has partnered with BlackRock to launch a real-time reporting tool—Digital Assets Data Insights.The collaboration between these two financial giants to develop on-chain valuation and reporting tools is expected to have a significant impact on discussions around accounting and reporting for cryptocurrencies. In short, the tool will allow for the direct publication of Net Asset Value (NAV) data onto selected blockchains without relying on third-party accounting services.Benefits associated with this tool include: Bank of New York Mellon being able to directly publish NAV data on-chain; enhanced credibility of tokenized funds due to increased transparency and real-time information; and other products benefiting from a more comprehensive toolkit tailored specifically for tokenized information.

ChainCatcher news, according to CoinDesk, Hashgraph plans to launch an institutionally private blockchain based on Hedera in Q3. The HashSphere built on Hedera technology aims to provide trading support for stablecoins and tokenized assets for heavily regulated institutions such as payment service providers and asset management companies.

ChainCatcher news, according to CoinDesk, the UK-regulated digital asset exchange Archax has acquired the broker-dealer Globacap Private Markets, regulated by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), and has renamed it Archax Markets US.The company plans to leverage its U.S. license to offer tokenized real-world assets (RWA), including stocks and bonds.

ChainCatcher news, according to CoinDesk, the tokenized treasury products from BlackRock-Securitize, Superstate, and Centrifuge will receive funding allocations from Sky (formerly MakerDAO) as part of a $1 billion investment plan. This plan aims to accelerate the RWA tokenization applications on the DeFi lending platform Spark.According to the allocation scheme, BUIDL, issued by BlackRock and Securitize and backed by U.S. Treasuries and repurchase agreements, will receive a $500 million allocation; Superstate's USTB will receive $300 million; and Centrifuge's treasury fund JTRSY, in collaboration with asset management firms Anemoy and Janus Henderson, will receive $200 million.

According to ChainCatcher news reported by CoinDesk, Paul Brody, the global blockchain leader at EY, expressed the view that tokenizing physical assets through blockchain can create daily, transparent price information for market data traditionally limited to a few asset classes, thereby redefining the way portfolio management is conducted.Brody pointed out that modern portfolio theory originates from Eugene Fama's efficient market theory in the 1960s. Although this theory has its flaws, the index fund strategies developed from it have become the default choice for managing pension and retirement accounts. Currently, about 80% of institutional investors' portfolios are concentrated in stock and bond index funds, while alternative investment strategies account for only 15-20%.The emergence of tokenized assets will expand the range of investable assets, allowing investors to access asset classes and regions that have been overlooked due to data scarcity or lack of liquidity. For example, by tokenizing physical assets such as real estate in Thailand, oil leases in Nigeria, or taxi medallions in New York, continuous and transparent price data can be generated, enabling these assets to be compared on equal footing with traditional assets like U.S. stocks.Brody anticipates that this transition will take about a decade, including the establishment of a broad portfolio of tokenized assets and the accumulation of 5-7 years of daily data records. With the proliferation of AI-driven automated investment tools, this transition may occur more rapidly than historical shifts in investment patterns. EY will host a global blockchain summit from April 1-3 to discuss the role of digital assets in portfolios.

ChainCatcher news, according to The Block, Zodia Custody has partnered with the tokenization platform Securitize to provide regulatory-compliant custody services covering tokenized assets, including BlackRock's BUIDL fund.Zodia Custody CEO Julian Sawyer stated that the growth of BUIDL demonstrates the potential of tokenized assets for institutional investment. Securitize CEO Carlos Domingo added that this collaboration connects traditional finance with blockchain technology, helping institutions securely participate in the tokenized asset market. Securitize has launched fund management services to support the operational and compliance needs of tokenized assets.

ChainCatcher news, at the Solana Breakpoint conference, Securitize co-founder and CEO Carlos Domingo announced a partnership with Wormhole to achieve interoperability of tokenized assets, selecting Wormhole as the official interoperability provider for all its current and future tokenized assets.

ChainCatcher news, McKinsey & Company released a forecast stating that by 2030, the market size of tokenized assets will be below $2 trillion, ranging between $1 trillion and $4 trillion.In contrast, Bernstein's prediction last year was that by 2028, the market size of tokenized assets would reach $5 trillion, and Citibank's forecast is that by 2030, the market size of tokenized assets will reach the same figure.

ChainCatcher news, according to Cointelegraph, Lightning Labs CEO Elizabeth Stark revealed the latest developments of the Bitcoin development company at the London Crypto and Digital Assets Summit live-streamed by the Financial Times. She stated that the Taproot Assets protocol under Lightning Labs is building functionality to bring stablecoins and tokenized assets to Bitcoin.According to Stark, developers have made significant progress toward this goal and have ultimately tested transactions on Lightning. She added that traditionally, these digital assets have operated on other blockchains but have been plagued by high fees and other issues. She believes that the Bitcoin network may be best suited to facilitate the use of stablecoins because it "is the most secure and decentralized" blockchain.

ChainCatcher news, according to The Block, the tokenization platform Huma Finance has merged with the liquidity and settlement platform Arf to enhance the adoption of tokenized assets. As part of the transaction, Huma and Arf will become part of the newly established holding entity 00 Holdings Inc. However, both companies will continue to operate separately under their existing names and brands.It is reported that Huma Finance co-founder and co-CEO Erbil Karaman declined to disclose the terms of the deal but stated that the newly merged entity is completing a "large" financing round.Additionally, Arf's recent on-chain liquidity volume has exceeded $1 billion. Arf co-founder and CEO Nalbant stated that based on the global partners' monthly liquidity demand of $500 million, the merged entity is expected to surpass $3 billion in transaction volume by the end of the year.

ChainCatcher news, according to Bitcoin.com, HSBC CEO Noel Quinn stated that the bank is ready to expand its range of tokenized asset products, which have advantages such as cost-effectiveness, increased efficiency, and overall improvements compared to "traditional trading methods."Noel Quinn also revealed, "We will continue to invest in our tokenized product lineup. I think the tokenization of gold and bond issuance is great. I am very satisfied with the concept of tokenization."