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Kadena has awarded its first grant from a $50 million fund to UK startup CurveBlock, marking a significant step in tokenized real estate within the Bank of England’s Digital Securities Sandbox. This collaboration highlights the growing institutional interest in compliant blockchain solutions for real-world assets. The initiative could shape future regulatory approaches to digital finance globally.
- Kadena’s $400,000 grant to CurveBlock is the first deployment from its $50 million fund, with $25 million specifically earmarked for RWA tokenization.
- The Bank of England’s Digital Securities Sandbox (DSS) enables blockchain-based financial instruments to operate under modified regulatory rules until 2028.
- Kadena’s proof-of-work infrastructure, combined with EVM compatibility, aims to provide scalable and secure tokenization rails for institutional adoption.
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