Securitize, a leading real-world asset (RWA) tokenization platform, has made moves to go public. According to a report, Securitize will collaborate with Cantor Equity Partners II, Inc., a blank-check firm owned by Cantor Fitzgerald. The details of the partnership are still guarded, but talks are ongoing on how to make the deal happen. Meanwhile, following…
Frax Finance today unveiled a new stablecoin, frxUSD. frxUSD leverages BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to provide an unprecedented level of transparency, security, and audibility for stablecoin users. The frxUSD stablecoin is a rebranded evolution of Frax’s original FRAX stablecoin and is designed to deliver direct fiat redemption capabilities, enhanced…
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising $47 million. May Sees $474M Invested in Blockchain Startups Since the start of…