Hong Kong's Securities and Futures Commission (SFC) has issued guidelines for asset tokenization, addressing the growing market interest.
They point to some key factors: 1. They question whether there is genuinely new capital entering the crypto market or if existing capital is just shifting into the newly-approved ETFs.
According to Claims Market, there has been a rise to 55% in the value of claims from FTX’s creditors after Sam Bankman-Fried was found guilty on all charges, and Anthropic’s market value has gone up.
Floki, initially a meme coin, is venturing into the DeFi space with its new tokenization platform, TokenFi. The platform aims to tap into the burgeoning real-world asset (RWA) market, allowing users to tokenize assets like real estate and cars.
