Crypto Trading Firm XBTO Establishes Tokenization Team to Focus on Real World Assets

Cryptocurrency trading firm XBTO has created a new tokenization team focused on real world assets (RWAs), driving forward blockchain-based corporate debt issuances the firm has been working on, with areas like real estate to follow. Much of the tokenization attention has been on large banks like JPMorgan and asset management giants like BlackRock, who have been focused for the most part on blockchain-based versions of U.S. Treasuries. The new tokenization team, led by MD Mas Nakachi, works with on-chain capital markets platform Obligate, with the e-notes rated by Credora, a platform that produces technology-driven credit assessments, XBTO said.

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