announced<\/a> the Zodia Custody move via X.<\/p>\nLike the other members, Zodia Custody will leverage its infrastructure, security and compliance features to help advance the tokenization of capital markets. <\/p>\n
The on-chain efforts aligns with the institution-first digital assets custodian\u2019s traction across the ecosystem, efforts that include the support for institutional decentralized finance on the TON blockchain, Berachain and RWA platform Polymesh.<\/p>\n
<\/p>\n
Why tokenization?<\/h2>\n
The Global Markets Alliance\u2019s areas of focus across the real-world assets on-chain ecosystem includes tokenized stocks, exchange-traded funds, money market funds and private credit. RWA on-chain is a rapidly expanding market, with major players, including BlackRock, Franklin Templeton, and Fidelity Investments, driving adoption to the next level.<\/p>\n
The key to growing tokenization lies in its feature that enables the bridging of traditional finance and blockchain, with real-world assets wrapped into tokens issued on the blockchain.<\/p>\n
Investors taking positions with these assets benefit from 24\/7 trading, fractional ownership and on-chain transparency and accessibility. With institutional clients eyeing the tokenization opportunity, major Wall Street banks have had no option but to consider launching their own tokenized assets initiatives.<\/p>\n
Unlocking capital efficiency<\/h2>\n
Zodia, which also offers a staking solution, counts asset managers, banks, crypto natives, governments, hedge funds, and private wealth firms among its partners.\u00a0<\/p>\n
The platform recently launched Zodia Rewards, its opt-in token rewards program targeted for institutional clients. Clients can enjoy rewards on supported stablecoins, including USDC (USDC), Ethena USDe (USDE) and the Global Dollar Network.<\/p>\n
\n\u201cStablecoins are being adopted far beyond crypto capital markets, emerging as a tool to complement traditional financial rails for cross-border payments. We see this value, and as a custodian, we want to play our part to help unlock further capital efficiencies,\u201d Anoosh Arevshatian, chief product officer at Zodia Custody, said at the time.<\/p>\n<\/blockquote>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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