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In Hong Kong on August 21? Join Chainlink's upcoming event featuring DigiFT, HashKey Group, MANTRA, Matrixport, and RD Technologies to explore how tokenization unlocks massive value for the global financial system. Register here ↓ https://lnkd.in/gAyePiQb

Blockchain x finance news: Action plan for tokenization in Europe released by AFME, which highlights the need for greater interoperability. The Association for Financial Markets in Europe (AFME) published a report on digital finance. While digital asset issuance has increased significantly over the past four years, AFME highlighted the need for greater tokenization and DLT adoption in capital markets. “Adoption of DLT-based securities is reaching a turning point,” noted the report. “Developing and scaling up use cases will require market participants to work together to build consensus on common standards, aligned and compatible technology architecture designs leading to greater interoperability of infrastructures and solutions.” - https://lnkd.in/gedgRipW  - https://lnkd.in/gvJcUKJE  More industry news from around the world: 1️⃣ Google, Amazon, Walmart to join Indian CBDC project Indian fintech firms Cred and Mobikwik also joined. Together these five payment firms account for over 85% of digital payments via India’s instant payment solution, which averages about 12+ billion transactions each month. https://lnkd.in/gyR2Hynu 2️⃣ Fidelity International lists Bitcoin ETP on the London Stock Exchange The listing followed the FCA’s decision to allow exchanges to create a UK-listed market segment for crypto asset-backed exchange-traded notes, although they’re only available for professional investors. https://lnkd.in/gPRS8UAG  3️⃣ Over 60 institutions have now tested tokenized assets as part of ECB trials Institutions such as BayernLB, BNP Paribas, Cboe Clear Europe, Clearstream, and DekaBank, have tested solutions around tokenized bonds, Bearer ‘cryptobond’ issuance, and more. https://lnkd.in/g9iEAYGq 4️⃣ ECB explores offline digital euro The solution would support CBDC payments without requiring an Internet connection, critical for broad retail payment adoption. The ECB is exploring an embedded Secure Element (eSE) and embedded SIM (eSIM) of end-user devices. https://lnkd.in/gjXXkYri  

Metis is now using #Chainlink CCIP as its canonical cross-chain infrastructure in production. Explore the transformational cross-chain use cases unlocked by CCIP: https://lnkd.in/g3MDV7H2

In this guest post, PwC Deutschland's Dimitri Gross, Jonas Müller, and Miguel Schiele explore the potential of asset tokenization in the financial services industry. Discover how #Chainlink can help unlock market liquidity, streamline post-trade processing, foster automation, and enhance transparency ↓ https://lnkd.in/gCSrw8x6

Chainlink CCIP unlocks innovation across the #Web3 landscape. Discover why "selecting CCIP as the cross-chain infrastructure for our proof of concept was an easy choice” for Taurus SA ↓

Blockchain interoperability has become a key aspect of onchain ecosystems, with #Chainlink CCIP being established as the universal cross-chain standard. Understand the differences between cross-chain compatibility and interoperability: https://lnkd.in/gM6FcFU7

Capital markets news: Mercedes, Siemens, and other major German enterprises test commercial bank money tokens (CBMT). “Robots could be paid automatically for the work they perform for other companies or customers with the help of tokens,” noted the Proof of Concept (PoC). Self-driving cars were also highlighted as part of the PoC’s focus on how #blockchain tech and programmatic payments can support the increasing automation of the manufacturing process and ultimately transform industrial IoT. Five banks (Deutsche Bank, DZ Bank, Commerzbank, Unicredit, and Helaba) participated in the PoC alongside five enterprises (Airplus, BASF, Evonik, Mercedes Benz, and Siemens). The trials were run by the German Banking Industry Committee in association with the Federation of German Industries.  https://lnkd.in/gKAmVnca More industry news from around the world: 1️⃣ Franklin Templeton and SBI Holdings establish digital asset joint venture They aim to provide investors in Japan with greater access to a diversified range of investment solutions. https://lnkd.in/gqt8M776 2️⃣ Bank of England announces new CBDC experiments It aims to explore ways for real-time gross settlement (RTGS) systems to interact with DLTs.  https://lnkd.in/gHKkTESP 3️⃣ Crypto-Friendly Revolut to receive UK banking license Already licensed to offer crypto services, this puts it on the path to becoming a fully-fledged UK bank. It’s already one of the most valuable fintechs in the world.  https://lnkd.in/gHjQDmpR 4️⃣ BNP Paribas issue first Eurozone sovereign digital bond for Slovenia The issuance used Banque de France’s tokenized cash solution (as part of the ECB’s wholesale central bank money settlement experimentation). https://lnkd.in/gan7W5xT 5️⃣ Cantor Fitzgerald to offer $2B+ in Bitcoin financing “We are excited to help unlock Bitcoin’s full potential and continue bridging the gap between traditional finance and digital assets,” stated Cantor Fitzgerald Chairman Howard Lutnick.  https://lnkd.in/gcBYurrQ 6️⃣ Luxembourg proposes relaxing DLT laws The bill introduces an optional role for a control agent, responsible for issuing digital securities and tracking ownership—but not responsible for custodying the asset. https://lnkd.in/eVV_-msk 7️⃣ Bank of Italy shares permissioned blockchain protocol for CBDCs The central bank DLT design is focused on payments and provides confidentiality for validators.  https://lnkd.in/gud7fbZE 

Decentralized technology is ushering in a new era where information is tamperproof and easily verifiable. This will be the backbone of increased automation and reestablished trust throughout society.

“There is growing interest in investing in tokenized assets, particularly alternatives, to drive portfolio diversification,” notes a recent report from EY-Parthenon. Critically, according to the report, there is both demand and supply for tokenized assets among institutional investors, with 50% stating they would be buyers while 44% said they are interested in tokenizing their own assets. Read the report: https://lnkd.in/g75NCKdj