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MainNewsDigiFT Intro...

DigiFT Introduces RWA Depository Receipt Tokens for Enhanced Investor Protection


by CoinEdition
DigiFT Unveils Inaugural RWA Depository Receipt Tokens for On-Chain Investor Protection
  • DigiFT announces U.S. Treasury Bill depository receipt tokens, offering direct beneficial ownership of the underlying U.S. Treasury Bill
  • DigiFT states that the circulating tokens have intricate legal structures, posing challenges for investors to grasp their legal implications.
  • DigiFT’s CEO highlights how this addresses a key challenge in the RWA market.

According to a DigiFT report, DigiFT, the inaugural licensed exchange facilitating on-chain transactions of real-world assets, has announced U.S. Treasury Bill depository receipt tokens, which offer direct beneficial ownership of the underlying U.S. Treasury Bill.

DigiFT has developed a token issuance model deploying the depository receipt (DR) structure on-chain, addressing a “challenge” in real-world asset (RWA) tokenization. DigiFT ensures tokens represent token holders’ direct beneficial interest in the underlying asset while enabling seamless settlement on-chain.

According to the DigiFT statement, the tokens currently in circulation are “wrapped” in complex legal structures, making it hard for investors to understand the legal implications. The tokens that are to be issued reportedly provide…

The post DigiFT Introduces RWA Depository Receipt Tokens for Enhanced Investor Protection appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsDigiFT Intro...

DigiFT Introduces RWA Depository Receipt Tokens for Enhanced Investor Protection


by CoinEdition
DigiFT Unveils Inaugural RWA Depository Receipt Tokens for On-Chain Investor Protection
  • DigiFT announces U.S. Treasury Bill depository receipt tokens, offering direct beneficial ownership of the underlying U.S. Treasury Bill
  • DigiFT states that the circulating tokens have intricate legal structures, posing challenges for investors to grasp their legal implications.
  • DigiFT’s CEO highlights how this addresses a key challenge in the RWA market.

According to a DigiFT report, DigiFT, the inaugural licensed exchange facilitating on-chain transactions of real-world assets, has announced U.S. Treasury Bill depository receipt tokens, which offer direct beneficial ownership of the underlying U.S. Treasury Bill.

DigiFT has developed a token issuance model deploying the depository receipt (DR) structure on-chain, addressing a “challenge” in real-world asset (RWA) tokenization. DigiFT ensures tokens represent token holders’ direct beneficial interest in the underlying asset while enabling seamless settlement on-chain.

According to the DigiFT statement, the tokens currently in circulation are “wrapped” in complex legal structures, making it hard for investors to understand the legal implications. The tokens that are to be issued reportedly provide…

The post DigiFT Introduces RWA Depository Receipt Tokens for Enhanced Investor Protection appeared first on Coin Edition.

Read the article at CoinEdition

Read More

KuCoin Announces LayerEdge (EDGEN) Listing, Taps Decentralized zk-Verification

KuCoin Announces LayerEdge (EDGEN) Listing, Taps Decentralized zk-Verification

Global crypto exchange KuCoin has announced the listing of LayerEdge (EDGEN) on its s...
XRP Futures Go 24/7—Coinbase Enables Nonstop Institutional Access

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XRP futures just hit turbo mode as Coinbase unleashes nonstop U.S. trading, igniting ...