Tokenization Gains Global Momentum: Governments and Crypto Giants Accelerate Blockchain Adoption

Source: CritpoTendencia Original Title: Global Tokenization Gaining Momentum: Governments and Crypto Giants Accelerate Blockchain Adoption Original Link: Tether Evaluates Tokenization of Its Shares to Provide Liquidity to Investors

Tether, the issuer of the largest stablecoin in the market, is reportedly considering tokenizing its shares as a way to offer liquidity to its investors without enabling direct sales that could impact its valuation.

According to information disseminated by specialized media, the company is also analyzing share buybacks while exploring the possibility of raising up to $20 billion, with an estimated valuation close to $500 billion.

The interest of a shareholder in selling a stake valued at around $1 billion has raised concerns among the company’s management, which fears that operations at lower prices could harm its financing strategy. Tether warns that any attempt to sell outside official channels would be irresponsible and trusts that these initiatives will not succeed.

Exor Rejects Tether’s Offer to Increase Control Over Juventus

Exor, the holding company of the Agnelli family and majority shareholder of Juventus, unanimously rejected the cash offer made by Tether to acquire its 65.4% stake in the club. The company made it clear that it has no intention of selling any of its shares to third parties, including the stablecoin firm based in El Salvador.

Tether had publicly announced its interest in strengthening its presence in Juventus, where it already owns about 10%, and stated that it was willing to invest up to an additional $1 billion to boost the club’s growth. However, Exor characterized the proposal as unsolicited and reaffirmed its long-standing commitment to the sports entity, emphasizing its support for the new management team.

Juventus has been experiencing a complex financial situation for years, with recurring losses and multiple capital increases. Despite the rejection, the announcement of the offer strongly boosted the token linked to the club, which rose more than 30% in the last 24 hours, although this movement does not reflect the final impact of Exor’s decision.

Pakistan Advances in State Asset Tokenization with Support from a Global Exchange

Pakistan took a new step in its digital assets strategy by signing a memorandum of understanding with a global exchange to study the tokenization of up to $2 billion in state assets and the development of a national stablecoin. The agreement will enable the exchange to advise on the use of blockchain for issuing and distributing sovereign bonds, Treasury bills, and raw material reserves such as oil, gas, and metals.

The Ministry of Finance highlights that the initiative is part of the country’s economic reform process and opens the door to long-term collaboration. The memorandum, non-binding in nature, is expected to translate into definitive agreements within the next six months and will be subject to approval by regulatory agencies.

Meanwhile, the local regulator granted preliminary authorizations to initiate licensing procedures, establishing this market as one of the largest in the world for retail crypto activity, with tens of millions of users and a high annual trading volume.

Tensions in Aave Over Fee Distribution in CoW Swap Integration

A new controversy has arisen within the Aave ecosystem following the announced integration with the decentralized aggregator CoW Swap. Members of the Aave DAO question that the fees generated from the swaps are not going to the organization’s treasury but are instead directed to a private address controlled by Aave Labs, the protocol’s developer company.

The debate was initiated by community members who pointed out that the DAO was not consulted beforehand and that the fees should belong to the community. Estimates suggest that the current structure could divert around $200,000 weekly in ether, which could amount to over $10 million annually outside the DAO’s treasury.

Aave Labs defended their stance, asserting that managing front-end components and interfaces has always been part of their responsibilities. The discussion remains open on governance forums and reignites the debate over the boundaries between corporate development and community control in DeFi projects.