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There aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.

The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.

The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.

ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.

CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.

Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.

RWAs continue to experience growth led by tokenized U.S. Treasuries.