4 days ago
Public PoW blockchain Kadena makes its archetypal superior deployment from a $50 cardinal grants program, backing UK startup CurveBlock successful the Bank of England’s Digital Securities Sandbox.
Kadena has awarded the archetypal assistance from its caller $50 million ecosystem fund, allocating $400,000 to CurveBlock, a UK-based startup gathering tokenized existent property wrong a regulated fiscal sandbox.
The milestone marks a pivotal intersection betwixt unfastened blockchain infrastructure and government-led experimentation with integer securities, underscoring increasing organization appetite for compliant pathways into tokenized real-world assets (RWAs).
CurveBlock is the archetypal existent property steadfast accepted into the UK’s Digital Securities Sandbox (DSS), a associated inaugural of the Bank of England and the Financial Conduct Authority.
The DSS allows blockchain-native fiscal instruments to run nether modified CSD and speech rules done 2028, enabling the issuance, trading, and colony of integer securities with relaxed regulatory constraints.
$50 cardinal tokenization fund
Kadena’s assistance is the archetypal deployment from its recently expanded $50 cardinal program, half of which ($25M) is explicitly earmarked for RWA tokenization.
The inaugural is designed to enactment builders moving connected tokenized debt, existent estate, and different compliant plus rails, with applicants eligible for equity-free funding, infrastructure support, and codification review.
CurveBlock’s assistance reflects increasing involvement successful aligning nationalist blockchain tech with real-world organization demand.
“Our Grants Program and token standards are indispensable to enabling compliant, scalable tokenization,” said Stuart Popejoy, CEO of Kadena. “We’re doubling down connected ecosystem real-world usage cases institutions need.”
The DSS launched successful precocious 2024 and represents 1 of the world’s astir precocious attempts astatine legally enabling integer securities experimentation.
Participating firms tin standard projects done a bid of regulatory gates. CurveBlock precocious cleared Gate 1 with enactment from Kadena and volition proceed investigating unrecorded existent property tokenization flows implicit the coming months.
Annelise Osborne, Kadena’s Chief Business Officer and erstwhile Moody’s executive, believes that a deficiency of infrastructure, not organization interest, is the existent bottleneck for RWA adoption. “With this $25 million, I truly anticipation we’ll person a batch much builders and a batch much fintechs that travel from the tokenization side… I’m a immense believer that they’re going to grow,” she told American Banker.
Osborne has besides noted the value of proof-of-work infrastructure, similar Kadena’s Chainweb, successful delivering scalable and unafraid tokenization rails.
Proof of Work successful tokenized existent estate
Kadena’s attack differs from galore rivals successful that it combines parallelized PoW chains with upcoming EVM compatibility and a token modular designed for compliance.
The assistance program’s broader extremity is to accelerate the adoption of this infrastructure for real-world applications, peculiarly wherever on-chain permissioning and regulatory controls are critical.
The existent property tokenization marketplace unsocial is projected to grow to $19.4 cardinal by 2033, with caller months seeing a 260% surge successful wide RWA marketplace headdress to $23 billion.
Institutions including Goldman Sachs, HSBC, and BlackRock are actively piloting tokenized securities, suggesting that request for compliant blockchain rails is nary longer hypothetical.
Kadena’s assistance to CurveBlock is simply a notable awesome that public-chain infrastructure whitethorn yet play a cardinal relation successful that evolution.
If successful, the experimentation could signifier not conscionable the aboriginal of tokenized existent property successful the UK, but besides power US and EU approaches to sandbox-based integer finance.
At a Glance – Kadena’s RWA Grant Program
- Total Pool: $50 million
- Focus Areas: Real-world plus tokenization, Chainweb EVM, AI x Blockchain
- Funding Type: Equity-free grants
- Support: Technical assistance, codification reviews, UI feedback, selling amplification
- Timeline: Rolling applications, 2–4 week reappraisal cycle
Key Milestones
- Sep 2024: UK DSS opens for applications
- May 2025: CurveBlock accepted into DSS; Kadena expands assistance money to $50M
- June 2025: CurveBlock receives archetypal $400K grant
The station Kadena issues archetypal assistance from $25M existent property tokenization money successful Bank of England pilot appeared archetypal connected CryptoSlate.
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