will take part within the Hong Kong Financial Authority’s (HKMA) Digital Hong Kong Greenback (e-HKD) Central Financial institution Digital Foreign money (CBDC) pilot program by introducing an actual property asset tokenization resolution. The corporate can even unveil its new CBDC platform on the identical time.
Ripple will associate with Taiwan’s Fubon Financial institution and others to reveal fairness launch utilizing tokenized belongings utilizing the retail model of e-HKD CBDC. An fairness launch, also called a reverse mortgage, is a apply the place a lender permits a house owner to acquire fairness of their dwelling, with fee solely due when the house is offered or the borrower dies.
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