Societe Generale says its prime services and clearing division has accepted tokenized U.S. Treasuries worth 10000000 USD as eligible collateral on Canton Network and integrated them into its existing back-office and collateral management systems.
The Initia Foundation has approved a funding injection to restore the iUSD collateral assets affected by the October 23 security incident's 1: 1 peg. The funding injection will be executed after reconciliation is completed and final approval for the transfer is obtained.
BlackRock said that the use of tokenized assets is shifting from digitizing securities toward circulation-related functions such as collateral, around-the-clock trading, and reducing redemptions. It said that BUIDL is approximately 2300000000 USD, but expansion into traditional finance remains constrained by bank acceptance, infrastructure, and regulation.
Binance announces that bStocks’ assets under management have surpassed 888000000 USD,95 types of stock tokens can be used as collateral. Related collateral and leveraged-trading functionality is available to Regular,VIP 1 and VIP 2 accounts, subject to completion of a suitability assessment.
BlackRock Digital Assets Director Nikhil Sharma said at Token2049 that tokenized money market funds can be transferred directly as collateral, without redemption or waiting for cash to arrive.
According to PANews, citing CoinDesk, Franklin Templeton has expanded its off-exchange collateral program to Bybit, allowing users to pledge tokenized money market fund shares as collateral to borrow USDT or USDC for trading.
Aave co-founder and CEO Stani said that Aave will focus on expanding addressable collateral, with plans to extend lending to assets such as solar energy, batteries,GPU, robotics, and space infrastructure in the future.
Binance has extended bStocks collateral eligibility to all users of Cross Margin Accounts and Unified Margin Accounts, while imposing suitability assessments and risk restrictions on certain users.