Rating Agency Moody’s Report Highlights Tech Risks In Growing скачать в хорошем качестве

Rating Agency Moody’s Report Highlights Tech Risks In Growing

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission. Moody’s Investor Services, a credit ratings and research provider, on Monday, highlighted the inherent tech risks associated with growing tokenized funds. Moody’s DeFi and Digital Assets expert team flagged the need for additional expertise in managing tokenized funds. Tokenized investment funds tech providers often have “limited track record,” contributing to the increased risk. “The entities involved on the technology side often have limited track records, increasing the risk that in the case of bankruptcy or technological failure, payments may be disrupted.” Further, there is also potential for exposure of the fund collateral to the volatility of other digital assets like stablecoins. The team emphasized that public blockchains, used by some tokenized funds, are “exposed to technological risks, cyberattacks and governance issues.” The report proposed that “a robust contract audit process is beneficial” to overcome potential tech and cyberattack issues. Additionally, Moody’s research stressed the need for expertise in fields such as token issuance and redemption, maintaining on-chain investors’ registers and whitelisting wallets in compliance with KYC and AML checks. Tokenized Funds: Carving Out a Niche in Finance. Analysts at the credit-rating agency have observed the rapidly growing adoption of tokenized funds, signaling “untapped market potential.” The report attributed the growth fueled by funds that invest in government securities. Furthermore, per Dune Analytics Tokenization Report 2023, the total value of tokenized funds invested in government securities and issued on public blockchains, exceeded $800 million, triple the growth in 2023. “Tokenized funds’ potential applications extend beyond merely enhancing asset liquidity,” the experts wrote. “These funds have a variety of other possible functions, including serving as collateral.” In November 2023, JPMorgan and Apollo partnered with... https://cryptonews.com/news/rating-ag... #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily #defi #definews #definewstoday #moodys #moodysnews #moodysnewstoday #tokenizedfunds #tokenizedfundsnews #crypto ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple