Monument Bank said it plans to tokenise up to 250 million pounds ($335 million) of retail customer deposits on the Midnight network in what it described as the first such move by a U.K.-regulated bank on a public blockchain. The London-based challenger bank said the deposits will remain interest-bearing, fully backed by Monument and redeemable […]
Real estate mogul Grant Cardone is preparing to tokenize his firm’s $5 billion real estate portfolio, the latest property heavyweight to explore blockchain-based ownership. In a Thursday X post, the investor said that Cardone Capital plans to tokenize its holdings to give investors “collateral and liquidity in the secondary markets.” He added that the firm […]
Ripple has expanded its institutional custody services into the Middle East, partnering with UAE-based tokenization platform Ctrl Alt to support Dubai’s government-led real estate digitization initiative. The deal, announced on Tuesday, will see Ctrl Alt use Ripple’s custody infrastructure to store tokenized property title deeds issued by the Dubai Land Department (DLD) on the XRP […]