Abu Dhabi-based firms, Realize and Neovision Wealth Management, have launched the Realize T-BILLS Fund, which tokenizes US Treasury bills on the IOTA and Ethereum blockchains. Realize, co-founded by IOTA founder Dominik Schiener, praised the regulatory framework of Abu Dhabi Global Markets (ADGM), describing it as a secure environment for investors. Schiener stated the collaboration with ADGM highlights the importance of regulatory frameworks and expressed his ambition to bring yield-bearing assets onchain and make them accessible to global investors. ADGM sees the launch as a significant step in asset tokenization, positioning Abu Dhabi as a leader in real-world asset tokenization. Tokenization is expected to unlock $16 trillion by 2030.



Other News from Today