Protect partners with LG CNS on tokenized assets in South Korea

Protect partners with LG CNS on tokenized assets in South Korea

Shares of tokenization platform Securities rose sharply on Tuesday after the company announced a partnership with South Korean technology company LG CNS as the country prepares to introduce a new framework for tokenized securities. Securities ( SECZ ) rose nearly 8% to around $12.60 in early trading Tuesday, outperforming most major crypto-linked stocks, before pulling … Read more

The ECB launched Pontes to settle tokenized assets without stablecoins

The ECB launched Pontes to settle tokenized assets without stablecoins

Full implementation is expected by 2028 and Pontes will gradually expand its services and operating hours to accommodate more participants. The European Central Bank (ECB) launched Pontes, a system that allows financial institutions to settle wholesale tokenized asset transactions in central bank money, providing an alternative to private settlement assets such as stablecoins. ECB announcement … Read more