EMN Weekly Issue #15

Welcome to the 15th issue of EMN Weekly!

We are happy to bring to you exciting news from the world of RWAs & MiCA and the latest updates from E Money Network. Hope you find this issue insightful and entertaining. Happy reading!

What's in Today's Issue?

• This Week's Top RWA & MiCA News

• E Money Network Updates: What You Need to Know

• Community Spotlight

Top RWA & MiCA News of the Week

1. Blockchain-based Investment Firm to leverage Polygon for its RWAs platform - Blockchain-based investment and trading firm Assetera has announced that it is going to leverage Polygon for powering its secondary market RWAs platform. The platform offers a regulated digital trading venue for tokenized assets such as securities, funds and money market instruments. The platform will deploy Ethereum scaling solution Polygon for enabling secure transactions and utilising stablecoins for fast and efficient purchasing, clearing and settlement.

2. Chainlink Report predicts that global tokenised assets market will hit $10 trillion by 2030 - As per a recent report by Chainlink, a decentralised oracle provider, the global tokenised assets market is likely to surge to $10 trillion by 2030. The report highlights that despite the volatility of the crypto industry, the driving factors behind the growth of RWAs will be institutional adoption and advancements in regulations. The report’s sources include a report by 21.co, a blockchain-focused fintech company, and a joint study by BCG, a management consulting firm, and ADDX, a digital securities exchange.

3. Visa introduces tokenisation platform to help banks issue tokenised assets - Visa has launched the Visa Tokenized Asset Platform (VTAP) to help banks test and issue fiat-backed tokens in a secure and regulated manner. According to Cuy Sheffield, Visa’s crypto head, the initiative will open significant opportunities for banks to create their own regulated fiat-backed tokens, allowing customers to engage with on-chain capital markets.

4. Digital Asset and DTCC successfully complete the testing of Collateral and Margin Optimization through Tokenization - Digital Asset, a leading blockchain solutions provider, in collaboration with The Depository Trust & Clearing Corporation (DTCC), recently announced the successful completion of its U.S. Treasury (UST) Collateral Network Pilot, an initiative aimed at leveraging DLT applications to support market connectivity across the collateral management lifecycle to enhance mobility, liquidity and transactional efficiency of tokenized assets.The pilot saw successful execution of 100 transactions, demonstrating tokenized collateral assets' robust functionality and potential.

5. Zurich-based digital assets banking group Sygnum secures crypto license in Leichtenstein - Sygnum has received a crypto licence in Liechtenstein under the under Liechtenstein's Token and Trusted Technology Service Providers Act which will allow it to offer regulated digital asset services, including brokerage, custody, and banking in the country. This licence will also enable Sygnum to apply for a Crypto-Asset Service Provider (CASP) licence under the European Union's Markets in Crypto-Assets Regulation (MiCA) once Liechtenstein embraces the regulation, which is planned for the first quarter of 2025.

E Money Network Posts of the Week

1. E Money Network shared photos of their super successful Real World Alpha (RWA) private dinner at Token 2049 Singapore - https://x.com/emoney_network/status/1838934259723022425

1. Following the success of E Money Network’s Real World Alpha (RWA) private dinner at Token 2049 Singapore, we decided to host a VIP Investor Dinner in Hong Kong - https://x.com/emoney_network/status/1838535843348386243

1. E Money Network had a ball of a time at Token 2049 and other events in Singapore. Here’s proof ;) - https://x.com/emoney_network/status/1838595047303815609

1. E Money Network partnered with UpOnly, a leading Web3 infrastructure provider in gaming - https://x.com/emoney_network/status/1838565250552996063

Community Spotlight

Growing everyday, thanks to the love and support of our community members - https://x.com/CrVnsh/status/1838876808990560760

That’s all for now. We will be back with more news and exciting updates next week. Stay tuned!