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Tag Archives: AssetBacked

E-Commerce Giant JD.com to Issue Blockchain Asset-Backed Securities

Chinese e-commerce giant JD.com has released plans to issue asset-backed securities (ABSs) on the blockchain, local media reported June 13. According to China’s Securities Regulatory Commission (CSRC) via its media outlet Securities Times, subsidiary JD Finance will issue the ABS in conjunction with Huatai Securities and Xingye Bank. Together, the partners will asses blockchain’s potential to shore up asset security, ...

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Real Asset-Backed Cryptocurrency with Interest Rate Payment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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International Council for Instituting Asset-Backed Cryptos Goes Live – The Merkle

In Davos, Switzerland, an institution has been formed to oversee and establish the best practices regarding asset tokenization and and asset-backed tokens, formally known as the International Digiital Asset Exchange Council (IDAXC). Whether this means helping others to find a more standardized way of tokenizing assets or how to best comply with the law – IDAXC is now the place ...

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