Prominent investment firm 21Shares has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF).
Union Bank of Switzerland (UBS) has launched a tokenized money market fund on the Ethereum blockchain after highlighting growing institutional interest in tokenized financial assets.
The Monetary Authority of Singapore (MAS) announced a series of initiatives to accelerate the adoption of tokenization in financial services, including establishing commercial networks to deepen the liquidity of tokenized assets.
Top stories in the Crypto Roundup today:
- 21Shares Files to List Spot XRP ETF
- UBS Launches Tokenized Money Market Fund on Ethereum
- Singapore Unveils New Initiatives to Boost Tokenization in Financial Services
- MakerDAO’s Sky Dollar Becomes Second Fastest Stablecoin to Reach $1 Billion Market Cap