The UK’s FCA has launched a consultation on proposals that would enable asset managers to issue tokenised versions of their funds on public blockchains such as Ethereum.

Zand, an AI-driven fintech and financial services group, has partnered with Chainlink Labs, a primary contributing developer of Chainlink, an oracle technology provider.

Ripple has partnered with Securitize, a platform that tokenises real-world assets, to roll out a smart contract that allows holders of BUIDL and VBILL to exchange their shares for RLUSD.

R3 has launched a new division, R3 Labs, to focus on the tokenisation of real-world assets (RWAs) on public blockchains.

Brickken has joined Credefi to create a permissionless lending environment for tokenised real-world assets, starting with equity tokens.

Westpac Institutional Bank and Imperium Markets have implemented Chainlink in Project Acacia, a joint move from the Reserve Bank of Australia and Digital Finance CRC.

Crypto exchange Bitget has joined Ondo’s Global Markets Alliance, a collaboration designed to promote interoperability for tokenised securities.

Australian Payments Plus (AP+) has been selected to participate in the next stage of Project Acacia.