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STO

15 stories
Singapore's Project Guardian Enters Phase Three With Live Retail Pilot
STOMar 24

Singapore's Project Guardian Enters Phase Three With Live Retail Pilot

MAS has cleared a controlled retail access tranche for the first time, with DBS and UOB as the inaugural distributors. The pilot is capped at S$150 million.

KKR's First Tokenized Private Equity Fund Closes $1.1B in Subscriptions
STOMar 21

KKR's First Tokenized Private Equity Fund Closes $1.1B in Subscriptions

The fund, structured as a regulated security token on Avalanche, pulled in demand from family offices and wealth platforms that previously had no access to the asset class.

Texas Issues First U.S. Tokenized Municipal Bond in $140M Transportation Deal
STOMar 17

Texas Issues First U.S. Tokenized Municipal Bond in $140M Transportation Deal

The Lone Star State's transportation commission sold a tokenized general obligation bond on Ethereum on Wednesday. The pilot was structured under the state's 2024 digital asset framework.