70% of Tokenized Assets Fall Short on Transparency, Report Finds

🎬 70% of Tokenized Assets Fall Short on Transparency, Report Finds
Chronicle Founder Nik Kunkel joins CoinDesk's Kate Irwin on Markets Outlook to unpack their new report that found over $12 billion in tokenized assets falling short on transparency. Kunkel breaks down the five pillars every tokenized asset needs to meet, why roughly 70% of the assets reviewed don't clear the bar, and what real-time, verifiable proof-of-asset data means for institutions like BlackRock, BNY Mellon and Galaxy racing to bring trillions onchain.
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➤ A new report by Chronicle reveals that over 70% of tokenized assets, totaling $12.3 billion, lack sufficient transparency, hindering their integration into DeFi and institutional adoption.
➤ The report identifies five key pillars for transparency (transparency, independence, granularity, frequency, verifiability, and on-chain availability) that are currently unmet by most tokenized assets, creating challenges for risk management.
➤ Chronicle's 'Proof of Asset' product aims to bridge this gap by connecting to various actors in the asset supply chain to provide cryptographically provable, on-chain data for real-time risk management and institutional integration.

#tokenization #transparency #proofofasset #DeFi #BlackRock #BNY Mellon #Galaxy #Chronicle

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Wall Street Giants Race to Quantum-Proof Bitcoin

🎬 Wall Street Giants Race to Quantum-Proof Bitcoin
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Charles Schwab Head of Crypto Research Jim Ferraioli, who breaks down the odds of a Fed hike, why he believes the CLARITY Act is not yet priced into Bitcoin, and his finding that some 60% of Bitcoin's daily price move can't be tied to macro factors.
Galaxy Head of Firmwide Research Alex Thorn unpacks the newly launched $15 million Bitcoin Security Consortium — backed by nine firms including ...

➤ Major financial institutions are investing in initiatives to quantum-proof Bitcoin and enhance its network security, signaling a proactive approach to future technological threats.
➤ Discussions around the CLARITY Act's potential passage and its impact on crypto markets, alongside analysis of Bitcoin's price drivers and ETF flows, highlight ongoing regulatory and market sentiment shifts.
➤ The article also touches upon the growing trend of perpetual futures (perps) expanding into traditional asset classes and the role of crypto infrastructure in enabling 24/7 trading.

#Bitcoin #Quantum Computing #CLARITY Act #Fed Hike #ETFs #Charles Schwab #Galaxy #BlackRock #Fidelity #Coinbase #Ethereum #Perps #FalconX

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