Apex, Tokeny, droppRWA Target Saudi RWA Tokenisation

Apex Group, Tokeny and droppRWA are building a Unified Trust Stack linking verified real-world assets to regulated funds, with Saudi Arabia as the first market.

• Apex Group, Tokeny, and droppRWA are collaborating to build a 'Unified Trust Stack' for tokenizing real-world assets (RWAs) in Saudi Arabia.
• The partnership aims to bridge the gap between the legal record of an asset and its issuance as a regulated investment product, covering the entire investment lifecycle.
• The initiative focuses on providing institutional investors with a comprehensive solution that includes asset verification, fund structuring, administration, digital securities, and compliance automation, with Saudi Arabia as the initial market.

Topics: Asset types, Infrastructure providers, Jurisdictions, Real assets, Tokenization platforms, Major financial incumbents, Emerging hubs, Regulatory sandboxes pilots

Tags: #unifiedtruststack #realworldassets #tokenization #saudiarabia #apexgroup #tokeny #dropprwa #assetverification #regulatedfunds #digitalsecurities

Read more

SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto

The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.

• The SEC has proposed new rules to clarify how investment advisers and funds can custody crypto assets, aiming to reduce regulatory ambiguity.
• The proposal would allow the use of state trust companies as custodians and permit self-custody under specific conditions, potentially increasing investor access to crypto strategies.
• This move is part of a broader regulatory effort to adapt to the growing crypto asset market, though the rules are still subject to public comment and potential revision.

Topics: Legal regulatory, Infrastructure providers, Institutional adoption, 3 1 securities law classification, 4 2 custody security solutions, 7 1 asset manager initiatives

Tags: #sec #cryptocustody #investmentadvisers #regulatedfunds #statetrustcompanies #selfcustody #regulatoryambiguity #compliancepath #assetholdingrules #institutionalcrypto

Read more