Stellar Ecosystem
News

Huma, a Payment Financing (PayFi) network, raised $38 million led by Distributed Global with backing from the Stellar Development Foundation, Hashkey Capital, and others. The SDF invested $10 million in Arf's RWA assets, and Huma plans to expand to Stellar and Solana.

Huma Finance closed a $38 million investment round ($10M equity, $28M in tokenized RWAs) led by Distributed Global with participation from Hashkey Capital, Folius Ventures, Stellar Development Foundation, and TIBAS Ventures. The funding will support expansion to Solana and Stellar's Soroban network.

Franklin Templeton expanded its tokenized money market fund FOBXX to Avalanche blockchain, three years after launching on Stellar. The fund now operates across multiple chains with $402 million in assets under management.

The Stellar Development Foundation released its Q2 2024 quarterly report, highlighting network growth to 8.4 million addresses, real-world asset supply exceeding $598 million, and significant progress in tokenization and Soroban adoption. The report showcases achievements including WisdomTree's expanded retail access, $7.8 million in enterprise investments, and $5 million in Stellar Community Fund awards to 107 projects.

Etherfuse, a tokenized real-world assets platform, raised $3 million in seed funding co-led by White Star Capital and North Island Ventures, with participation from the Stellar Development Foundation. The company is tokenizing emerging market government debt on Stellar and Solana blockchains, starting with Latin American sovereign bonds.

Huma Finance publishes a comprehensive overview of PayFi (Payment Finance), a new frontier in real-world assets that combines stablecoins with financing mechanisms to enable scalable, compliant payment solutions. The article introduces the PayFi Stack—a framework with six layers (Transaction, Currency, Custody, Financing, Compliance, Application)—and highlights Stellar's role alongside Solana in providing high-throughput, low-cost transaction infrastructure for payments.

Taurus, a digital asset infrastructure provider serving major financial institutions, has expanded its custody and tokenization platforms to the Stellar network, joining other major players like Franklin Templeton, WisdomTree, and Circle in leveraging Stellar for real-world asset tokenization.

Decentralife features Reeps100 (Harry Yeff), an internationally acclaimed media artist and creative technologist who uses blockchain to preserve human voices through Voice Gems NFTs. The interview explores how he combines art, AI, and blockchain technology to create new experiences and democratize access to creative tools.

Stellar is a leader in tokenized investment assets, enabling issuers to tokenize securities, commodities, and financial products like money market funds, ETFs, and bonds. The network offers benefits including cost reduction, operational efficiency, compliance controls, and fast 3-5 second transaction times.

A Stellar Development Foundation leader reflects on their five-year tenure, highlighting SDF's strategic focus on building a viable ecosystem through payments infrastructure, on/off-ramps, and real-world assets. The post celebrates Stellar's growth metrics and the recent launch of Soroban smart contracts as the next phase of ecosystem expansion.

The Stellar Development Foundation released its Q1 2024 quarterly report highlighting major ecosystem achievements including the launch of smart contracts on Stellar, $3.2M in Stellar Community Fund awards, the introduction of the Soroban Audit Bank for security, and significant growth metrics including 8M+ network accounts and $1.6B in real world asset payment volume.

Franklin Templeton enabled peer-to-peer transfers for its BENJI tokenized money market fund on Stellar and Polygon, allowing direct investor-to-investor token transfers without intermediaries. The $380 million fund now supports secondary market trading and DeFi collateral use cases.

Tomer Weller, VP of Product at Stellar, discusses the blockchain's decade-long evolution, Soroban smart contracts, and real-world use cases including Argentina's adoption and Franklin Templeton's tokenized securities.

WisdomTree, a $100B+ asset manager, launched WisdomTree Prime, a unified financial platform built on Stellar that enables customers to seamlessly manage digital assets, traditional investments, and fiat currencies in one application. The platform leverages Stellar's native asset controls and tokenization capabilities to offer 13 digital funds and a gold token.

Usher launches the Anchor Transparency Node, powered by Log Store Network, to provide Stellar Anchors with a framework for operational transparency. The tool enables on-chain verification of off-chain transactions, building trust among users and opening new possibilities for real-world asset tokenization.

This article explains asset tokenization on Stellar, covering what it is, who can tokenize assets, key benefits like operational efficiency and transparency, and the technical process for creating digital representations of real-world assets on the network.

This article explores the history and advantages of asset tokenization on the Stellar network, highlighting how institutions like Franklin Templeton, WisdomTree, and the Bank for International Settlements leverage Stellar's native asset control features for issuing securities, money market funds, and bonds with operational efficiency, transparency, and sustainability benefits.

Cheesecake Labs has released an updated Stellar Asset Sandbox with new features including role-based access control, expanded token management, custodial solutions, and treasury management capabilities. The no-code platform enables institutions to test asset tokenization on Stellar's testnet before deploying real assets.

Owny is a white-label platform that leverages Stellar blockchain and AI to streamline private equity fund management, capital raising, and investor relations. The platform tokenizes assets on Stellar, enabling fast, low-cost cross-border payments and simplified compliance for alternative asset marketplaces.

Franklin Templeton's $300M tokenized money market fund (FOBXX), primarily issued on Stellar, is expanding to multiple blockchains including Polygon, Avalanche, Aptos, and Arbitrum. The fund has seen limited adoption on Polygon with only $2M in balance so far.

Franklin Templeton's OnChain U.S. Government Money Fund, which uses Stellar blockchain for record-keeping, now has over $290 million in assets under management. The firm is exploring blockchain's potential to transform capital markets through tokenization and smart contracts.

The Stellar Newsletter highlights Q1 achievements including Franklin Templeton's OnChain Fund surpassing $270M AUM on Stellar blockchain, SDF's strategic progress, and new board member Asiff Hirji. It covers partnerships like Arf, Cebuana Lhuillier, and blockchain remittances, plus Soroban smart contracts developments and community spotlights. Upcoming Meridian 2023 in Madrid is announced.

Franklin Templeton's OnChain U.S. Government Money Fund, built on Stellar, has surpassed $270 million in assets under management. It is the first U.S. registered fund to use a public blockchain for recording transactions and shareholdings.

Franklin Templeton's Franklin OnChain U.S. Government Money Fund, the first U.S.-registered mutual fund to use Stellar blockchain for transactions and share ownership, surpassed $270 million AUM. The fund is accessible via the Benji Investments app and represents a major institutional adoption of blockchain technology in traditional finance.

WisdomTree gained SEC approval for nine blockchain-enabled funds that maintain secondary ownership records on Stellar and Ethereum blockchains. The funds, which invest in US Treasurys, equities, and other traditional assets, will launch on WisdomTree Prime mobile app next quarter.

The Blue Marble, a Stellar-based NFT marketplace, enables carbon removal investments through blockchain technology. Founded by Task.io creators, it helps brands and investors fund environmental projects like biochar production while supporting smallholder farmers in developing countries with transparent, low-cost transactions.

Task.io, a mobile app built on Stellar, partners with Biochar Life to incentivize smallholder farmers in developing countries to produce biochar instead of burning agricultural waste. For each metric ton of carbon sequestered, one STS token is minted on Stellar and sold to carbon offset buyers, with proceeds funding farmer communities.