King Leung 梁瀚璟’s Post

🌍 Future Finance with #Real-world asset Tokenisation This Paper was published by Standard Chartered Bank some months back along with Synpulse 🚀 Let's look at vision by bank for Trade finance - ➟ Trade finance to play substantial role in USD 30.1 trillion tokenised real-world assets market by 2034 ➟ Trade finance assets could make up 16% of total addressable market for tokenised assets Amazing to see Standard Chartered outlines role of asset tokenisation in bridging global trade finance gap 🎯 Tokenization Opportunity - ➟ Despite its attractiveness as an opportunity to diversify risk, trade finance assets are underinvested due to lack of familiarity, pricing inconsistency and operational intensity. Tokenisation has the potential to address these challenges, whilst also reducing information asymmetry and offering transparency to investors. ➟ Tokenisation in trade finance is also seen as an opportunity to tackle the growing trade finance gap – which is estimated to be USD 2.5 trillion globally. ➟ In addition to improving market access and increasing resilience and liquidity of supply chains, it also increases the ability to reach suppliers in the deeper tiers of supply chains. 📢 Vision for Bank - As one of the top 5 Trade Finance Banks globally, and with our involvement in industry initiatives such as Project #Guardian and Project #Dynamo, Standard Chartered aims to be a driving force in the tokenisation of real-world assets, and unlocking its potential to narrow the global trade finance gap and play our part in powering the real economy. 📢 Also Recently Standard Chartered to ay announced its highly anticipated digital asset custody service in the UAE. The service, which enables clients to safekeep their digital assets, has launched in the UAE due to its well-balanced approach to digital asset adoption and financial regulation, and marks a significant milestone in the Bank’s digital asset strategy, initially supporting the two largest cryptocurrencies by market capitalisation, Bitcoin and Ethereum Bottomline - Bank is already Building Future of Finance ! #Blockchain #Tokenisation

💱Tokenization coming to trade finance? Standard Chartered think so... According to the bank's latest report, #tokenization is not just a passing trend but a revolution in trade finance, with trillions in opportunities. 💡Key Use Cases: PROJECT GUARDIAN: The bank's USD 500M asset-backed security (ABS) token pilot on Ethereum proves tokenization can unlock liquidity in real-world assets in an "originate-to-distribute" structure PROJECT DYNAMO: Along with the Bank for International Settlements – BIS Innovation Hub the Hong Kong Monetary Authority, a prototype platform for programmatically managing trade flows with conditional payments via tokens. TRADE FINANCE GAP: Tokenization could help address the USD 2.5 trillion global trade finance gap, enabling broader access for MMEs and SMEs – a major boost to developing regions like Asia and Africa. DEEP-TIER FINANCING: Small suppliers can now access capital by leveraging tokenized trade assets 💡Key Takeaways: ➡️Tokenization transforms illiquid assets into tradeable tokens, giving investors new ways to diversify their portfolios. ➡️Blockchain and smart contracts are leading to reduced transaction costs and faster, safer cross-border settlements. ➡️ Investors could expect up to 16% of all assets to be tokenized by 2034, with $30.1 trillion in value Kai Fehr Yves Roesti Rene Michau Steven Hu Jakub Smolinski

Trade finance to play substantial role in tokenised real-world assets market by 2034 - Industry roundup: 1 July: #TradeFinance #Tokenisation #CBDCs #BusinessConfidence #DigitalAssets #Services #Financing #TaxReporting #APIs

iBanFirst Analysis: Eastern European Import-export Companies Move to Fintechs for FX Hedging Solutions Faster Than Their Western Counterparts “As the CEE fintech market enters a phase of growing adoption, we are seeing a major shift in how businesses approach international trade and risk management. This shift is apparent across sectors, as both large corporations and SMEs, even risk-averse businesses, embrace digital tools to streamline operations and gain a competitive edge. At iBanFirst, we are proud to support them in this transformative journey”, said Johan Gabriels, Regional Manager for Central and Eastern Europe at iBanFirst. https://lnkd.in/gTFPYiCb Léa Berdugo Caroline Petersson Johannah Gay Myriam Dakkouni Tanja Biesinger Sarah Perrin #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

💡 Largest RWA tokenization ever issued - $4.3B bond by German bank KfW 💡 What do you need to know? 1️⃣ On Thursday June 27 - KfW issued the largest tokenized bond in history - at €4 billion with a maturity of 3 years and a coupon of 2.75% (*cough* Ethena's "internet bond" at 33.5%) #rwatokenization 2️⃣ KfW is a German state owned innovation only bank and headquartered in Frankfurt am Main with branches in Berlin and Bonn https://lnkd.in/gyceHVwa #frankfurtammain 3️⃣ Thursday of last week was a very unfortunate day to announce because of Friday's activities. I'm still catching up. 4️⃣ KwF's tokenized bond is the first high-volume benchmark bond issued as a central register security (kryptowertpapier) pursuant to the German electronic securities act (eWpG). The bond has a value date of 2 July 2024. It is not on BaFin's Kryptowertpapierliste nach eWpG spreadsheet updated this morning yet, presumably because of the value date - https://lnkd.in/g8M__NqD 🔥 Nerd alert - More on "kryptowertpapier" another day (not crypto btw, got to be a bit confused to think that one) 🔥 5️⃣ “We are delighted to have successfully completed a second digital transaction, with a focus on further automating data generation and speeding up the issuance process, thus improving scalability,” said Tim Armbruster, Treasurer at KfW. “We thank Deutsche Börse for the constructive cooperation over the past months. It is important to us to provide key insights from the issuer’s perspective to contribute to the further digitisation of capital markets.” The issuance was facilitated by Clearstream via Deutsche Börse’s digital securities platform D7. Clearstream is the post-trade business of Deutsche Börse Group. There have been other large token bond issuances this year - i.e. the $800M Hong Kong green bond in February. The global bond market is approx $130T 😣 Depressing disclosure of the year "NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA, OR JAPAN" 😣 See for more https://lnkd.in/gx6Dn7Pi h/t to Security Token Market 🌴/ Security Token Group - Security Token Prime Insights https://lnkd.in/gPCrPcmy - pretty much the only thing I read on a Monday morning.

We welcome the Monetary Authority of Singapore (MAS)’s announcement to push ahead with plans for asset tokenisation in financial services and enable commercialisation of the industry. As a leading trade bank, Standard Chartered has been at the forefront of the Guardian Wholesale Network industry group, as we build upon the momentum of Project Guardian. We're proud to be collaborating with the MAS and fellow financial institutions to integrate individual pilots and establish a robust, multi-member tokenised asset network. We recognise these efforts can significantly enhance liquidity for tokenised assets in both primary and secondary markets. Not only does this partnership underscores our commitment to innovation and leadership in digital finance, it will allow us to continue contributing to Singapore's growth as a leading digital finance hub. Looking ahead, our participation will also enable us to better serve our clients, facilitate seamless transactions and shape the future of the digital assets landscape.

💸 Oversea-Chinese Banking Corporation has launched tokenized bonds for corporate accredited investors, becoming the first bank in Singapore to introduce this service.

The tokenization of Real World Assets is gaining traction, driven by technological advancements and regulatory support. Our own Chris Brodersen recently sat on a panel organized by the Hong Kong Economic & Trade Office to discuss more. Check it out: https://okt.to/BtcHZV #tokenization #realworldassets #RWA

The Hong Kong Monetary Authority (HKMA) has unveiled a new subsidy initiative, the Digital Bond Grant Scheme (DBGS), to encourage the adoption of tokenized bonds in the city’s capital markets. Click the 🔗 for the full story >>> https://lnkd.in/dyDncrqm

XDC Trade Network has successfully completed a pre-shipment #financing transaction using an electronic promissory note (#ePN). Conducted through the Credore platform on the XDC Network, the ePN complies with international standards, ensuring faster processing times and reduced costs. This achievement highlights the #efficiency and #security of #digital #tradefinance. The transaction process, involving ConqOreeon Exim PVT LTD and TradeFinex with a financing of USD 42,500, took just minutes - a significant improvement over traditional paper-based methods. Legal Entity Identifiers (#LEIs) were used to verify the entities, promoting #transparency and #trust. #TradeTrust XDC Trade Network's platform demonstrates how #technology can streamline trade finance, reduce execution costs, and expedite fund disbursement, benefiting the entire trade ecosystem. This #innovation represents a major step forward in the global trade finance industry. Follow GTR Ventures for more Tradetech news! Sunil Senapati XDC Trade Network XDC Foundation Global Trade Review (GTR) #TradeTrust #DigitalTrade #Tradetech #XDCTradeNetwork #XDC #GTRVentures #TradeJustGotSmarter