Presented By:

Your First Captivating Topic of the Week

🇲🇽 Tokenized Tequila: Rancho Altos and Blocksquare

Tokenization has been used in some creative ways to increase investor base and giving them exposure to unique opportunities. We’ve seen tokens backed by bitcoin mining, wine, whiskey, art, diamonds, and more. The idea is that alternative assets help with portfolio diversification as they can sometimes outperform what’s most accessible today: public stocks.

So what’s the exciting new asset this time? A tequila distillery!

The issuer, Rancho Altos out of Jalisco (heartland of blue agave), is offering exposure to both their operations and real estate, accepting Blocksquare’s staked $BST token as investment from retail investors with a goal of 100K sBST. For context, $BST is trading for around $0.20 on Uniswap at the time of writing.

What’s included?

The project features a distillery, along with luxury villas, a wellness center, a farm-to-table restaurant, and eco-tourism facilities on an 82-hectare estate.

The proceeds from this capital raise will go towards building Rancho Altos’ own tokenized asset marketplace, construction of the distillery, and furthering the estate’s development.

I’m curious on that first part, the marketplace, and what it means. Are they planning on offering profit/ revenue share tokens? This could be exposure towards the tequila sales from the distillery or sales from the restaurant and other facilities on the campus. Or will they offer NFTs? Who knows but we’ll keep an eye on it and I hope token holders from this offering get first dibs!

What are the details? (Taken from Blocksquare’s Oceanpoint)

• Pool name: Marketplace Pool - Rancho Altos

• Pool token symbol: MPOOL-TEQ

• Initial pledge: 1000 sBST

• Community lock: 182 days

• Project collateral: 725 sBST

• Collateral lock: 364 days

• Campaign start: 2024-08-28 05:00:00

• Campaign end: 2024-09-27 05:00:00

This is not financial advice.

TVL Update

What do some of the biggest names look like today? Check out updated total value locked and related articles from this past week!

A Message from the TokenizeThis Workshop Tour

The TokenizeThis Workshop is going on tour across the US!

Do you or someone you know have assets you’d like to tokenize? Not sure how to do so?
In order to take advantage of this new burgeoning technology, one must understand beyond the technicals and learn about the market, the new procedures, and the best practices to follow. This workshop is for you!

Composed of 5 sessions, the TokenizeThis Workshop is a full day masterclass focuses on an industry overview, the tokenization lifecycle, and liquidity strategies to name a few. Interested in joining us? Use WD15 for 15% off!

Your Second Captivating Topic of the Week

🚀 Libre Platform is Expanding: NEAR Protocol & Chain Signatures

In late July we covered Libre, a tokenization joint venture between Brevan Howard and Nomura’s Laser Digital, bringing institutional funds on Solana in one go. These include:

• Hamilton Lane SCOPE Fund

• Brevan Howard Master Fund

• BlackRock ICS Money Market Fund

Back then the 3 funds had seen about $20M in volume and now that’s grown to a strong $100M according to CoinDesk. Libre is back with another expansion, NEAR Protocol, giving that ecosystem’s users access to the 3 funds which presumably means their AUM is about to grow even more!

Here Comes the Interesting Part: Chain Signatures

Chain Signatures is a function NEAR introduced back in March and brought to mainnet in early August in their efforts for “chain abstraction”. What does it do? Essentially it allows you to sign and transact on other blockchains without a cross-chain bridge.

Libre wasted no time and has implemented this feature now as they continue expanding to multiple blockchains. This simplifies the investor experience while giving them access to other ecosystems.

Why is Interoperability Important?

If you remember from the last time we covered Libre, they plan on launching secondary market trading later this year. Having a frictionless process between chains allows for more investors to trade with each other, regardless of where they hold their assets meaning more liquidity!

But it doesn’t stop there, collateralized lending is also in the roadmap and also counts as liquidity. We’re already seeing multiple people use this option including Nav Lend working with Provenance and Figure Markets.

This is not financial advice.

Companies of the Week

Herwig’s Pick: Morpho Labs

Kyle’s Pick: Centrifuge

Find out why and more every Friday live at 2pm EST on LinkedIn or X/ Twitter. Past episodes available on Youtube or your favorite podcast platform! 

Reports

State of the Tokenization Industry 2024 Report

We are very excited to publish our State of the Tokenization Industry 2024 report tomorrow with our sponsor SteelWave Digital! The Security Token Market team covers this year’s headlines and key takeaways, sorted into the following categories:

Search away, share it with a colleague, and revisit the same link for future updates!

RWA Securities Market Update: July 2024

We're excited to release the July 2024 edition of our RWA Securities Market Update report, which features benchmarks against the CoinDesk 20 Index (CD20)! In this month’s market report, we have meticulously tracked over 600 security tokens spanning across 35 marketplaces and 10 blockchains.

Sections include:

• Key Takeaways

• Quantitative Highlights

• Asset Class Breakdown

• On-Chain Liquidity Products

• Platform Spotlight: Blockstream

• New Tokens and Announcements

TokenizeThis 2024: Highlights and Key Takeaways Report

The TokenizeThis 2024 Conference Highlights Report is Now Available! This was the industry’s event of the year with 500+ registered attendees, 40+ speakers, and 20 sessions & side events in Miami, FL!

There was so much to do you may have missed some panels but not to worry, the STM Team has put together a summary of it all just for you.

This is not financial or investment advice.