Enterprise Ethereum Alliance Is Forming a ‘Token Task Force’
The Enterprise Ethereum Alliance is forming a task force to create business-grade standards for tokenized assets.
MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.
"This unequivocally proves that a debt security can be managed through its full lifecycle," said an exec.
Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.
Capital markets startup Nivaura has developed a floating rate bond using blockchain tech, and it's already being tested by Santander and others.