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  • Reuters

    Banks' drive to 'tokenise' assets moves slower than expected

    Banks which for years have talked about creating 'tokenised' versions of assets like bonds and currencies say a shift to blockchain-based trading is taking longer than expected, with some investors cautious about the idea. By creating tokenised assets - usually blockchain-based tokens to represent holdings of mainstream assets such as currencies or bonds - banks hope to make it more efficient, faster and cheaper to trade, and easier to record who owns want. Consultants and digital asset executives predict that a significant proportion of the world's assets will be tokenised via blockchain - HSBC and Northern Trust said in a note last year they expected 5% to 10% of all assets by 2030.

  • Wolverines Wire

    Michigan football gets two predictions for 2025 four-star DL

    Will he choose #Michigan over Ohio State? #GoBlue

  • Vikings Wire

    Tom Pelissero: Vikings quarterback competition ‘most’ fascinating

    Though the Vikings drafted J.J. McCarthy in the first round of the 2024 NFL Draft, Sam Darnold may wind up being the starter in 2024.