Topic: #rwa-tokenization
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Tokenized SpaceX shares collapse as platforms fail to secure assets
Crypto platforms including Binance Wallet and Bybit promoted tokenized SpaceX shares that drew over $1 billion in demand, but withdrew offerings after being unable to obtain the necessary underlying shares to back the tokens, triggering refunds to investors.
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Philippine SEC signals readiness to regulate tokenized real-world assets
Philippine Securities and Exchange Commission Commissioner Rogelio Quevedo told Cointelegraph that the country is prepared to accommodate asset tokenization, which could offer overseas Filipino workers legitimate investment options and help combat scams.