Asset tokenization news and analysis covering tokenized funds, securities, real-world assets, issuance, distribution, settlement and institutional adoption.
Ondo Finance and Kakaopay Securities are exploring a framework for distributing exposure to Korean listed equities internationally. The agreement is still exploratory, but it raises a useful question about where tokenization adds value when the underlying asset already trades in an established domestic market.
ARK Invest has tokenized the ARK Venture Fund through Securitize. The structure brings an existing regulated investment product onto blockchain infrastructure, but it does not turn an interval fund into a continuously liquid asset.
BlackRock has received regulatory authorization for a Hong Kong dollar money market fund designed to support both conventional and onchain subscriptions and redemptions. The notable part is not the tokenization of another fund. It is the connection between a regulated cash management product and tokenized forms of money.
