Guggenheim partners with Zeconomy to issue tokenized commercial paper on Ether
On September 26, Guggenheim Treasury Services, a unit of Wall Street giant Guggenheim Partners, partnered with blockchain platform Zeconomy to issue $20 million in tokenized commercial paper on the ethereum blockchain.Zeconomy CEO Giacinto Cosenza said that with the success of crypto ETFs, the demand for digital assets is “huge. Zeconomy CEO Giacinto Cosenza said that with the success of crypto ETFs, the demand for digital assets is “huge”. The offering marks a new development in the tokenization of traditional financial assets (RWAs), a sector that has grown to a market cap of $12 billion.
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