Simply put, tokenization is the process of wrapping or converting an asset into a digital token(s) that represent the true value of the underlying asset(s). Tokenization may be used to encrypt sensitive data and process large amounts of data at ...
Kraken has announced plans to acquire Backed Finance (xStocks) ahead of its upcoming IPO listing, a move that will enable the company to accelerate user access to tokenized real-world assets (stocks, bonds, etc.). About Backed Finance Backed Finance is a ...
According to a recent Nikkei report, Sony Bank is reportedly planning to enter the USD stablecoin game. The Nikkei report noted the Sony stablecoin could be used to as a payment option for Playstation and Crunchyroll (both owned by Sony) ...