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A 566sqm piece of prime retail real estate sold online for US$2.4 million this week – but there’s a catch: it doesn’t exist. The land is ‘located’ on Fashion Street, a luxury retail precinct in Decentraland, a metaverse where people can buy land, visit…
The platform plans to tap on the growing popularity of cryptocurrencies and digital assets among corporate investors, accredited individuals and family offices. DBS plans to list at least half a dozen security tokens by end-2022 on DDEx, the bank’s…
UBS has been quietly running a tokenization trial with weighty institutional investors. The Swiss-based bank has been offering more than 100 institutional clients access to a pilot program to tokenize real assets. The project is operating on the Ethereum…
DBS Bank has launched a new mobile banking feature that eliminates physical tokens for corporate transactions. The feature added to DBS IDEAL Mobile uses digital tokens to make banking on the go simpler and more convenient for corporate treasurers and small…
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