Real-world assets (RWA)
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Coinbase's ‘Secret’ Polymarket and Ondo Rival in the Making — Here's When it Could Launch
Yahoo Finance· 2025-11-20 10:02
Core Insights - Coinbase is reportedly developing a prediction market similar to Polymarket and a tokenized stock trading interface akin to Ondo Finance, indicating a significant expansion beyond traditional crypto trading [1][4][5] Group 1: Development of New Features - Independent researcher Jane Manchun Wong discovered hidden interfaces labeled "Predictions" and "Stocks" within Coinbase's code, suggesting the company is preparing to launch these new features [2][3] - The prediction market would be offered through Coinbase Financial Markets in partnership with KalshiEX LLC, providing Coinbase with a regulatory foothold in the prediction market space [5] Group 2: Market Context and Timing - The timing of Coinbase's potential entry into the prediction market aligns with the recent surge in platforms like Polymarket, driven by increased user engagement and election-year speculation [8] - Tokenized stocks are becoming a significant sector in Web3, with billions in inflows, and Coinbase's entry could solidify its position in the U.S. mainstream market [6][9]
Centrifuge Launches Tokenized S&P 500 Index Fund on Coinbase's Base Network
Yahoo Finance· 2025-09-25 16:09
Core Insights - Centrifuge has launched the first licensed S&P 500 index fund on blockchain, named Janus Henderson Anemoy S&P 500 Fund (SPXA), enabling on-chain investors to access a major equity benchmark [1][2] - The fund is tokenized and licensed by S&P Dow Jones Indices, allowing for 24/7 trading and transparent holdings of the S&P 500, which represents about 80% of the U.S. equity market [2][4] - The initiative is part of a broader trend to tokenize traditional financial instruments, enhancing operational efficiency and liquidity [4][5] Company Involvement - FalconX acted as an anchor investor for the SPXA fund, while Wormhole will facilitate future blockchain expansions [3] - Janus Henderson, a global asset manager with nearly $500 billion in assets under management (AUM), serves as the sub-investment manager for the fund [3] - Centrifuge's asset management arm, Anemoy, oversees the fund's operations [3] Industry Trends - The launch of SPXA aligns with the growing trend of bringing real-world assets (RWAs) onto blockchain platforms, which proponents believe can lead to faster settlements and improved liquidity [4][5] - The S&P Dow Jones Indices views this offering as a foundational step towards developing future index-linked financial products in blockchain environments [5]
X @Chainlink
Chainlink· 2025-08-04 15:55
Chainlink Data Streams - Chainlink launches Data Streams for US equities and ETFs [1] - Data Streams deliver real-time pricing for tokenized RWA (Real World Assets) [1] - The data is available across 37 blockchains [1]