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That explains the low volume today, huh?
In case you didn't see this news...
Global IT Outage Hits Brokerage Firms and Wealth Managers, Including Schwab
From today...
A worldwide IT outage that has grounded flights has also disrupted some functions at U.S. wealth management and brokerage firms, spurring investors to take to social media to vent frustrations about being unable to access their accounts.
Charles Schwab, one of the nation’s largest brokerage firms serving individual investors and independent financial advisors, notified customers this morning that some online and phone services may be disrupted. A spokeswoman for Schwab said: “Due to a third-party, global, industry-wide issue,...
Use other broker. Bmcs is on the way now.
This ticker is amazing with new business plan.RWA project is amazing.
After Audit trading as QB with revenue it will take easily on QX or backdoor listing process on higher exchange. Very limited shares are available.
We will find out more in the upcoming 5 PRs.
We are at bottom now.
I tried to buy today but Schwab was all screwed up due to the cloudfair upgrade..
Need buying pressure and must be remove the bid and ask gap that is how it will run hard next week
Why is it interesting? There's more to those points that he's conveniently not mentioning. That's what pumpers do.
$BMCS interesting post...
$BMCS
— TheStockGuru (@TheStockGuru13) July 16, 2024
RWA - Commodity Trading coming now
1. Tiny share structure
2. $30M investment in Calcium
3. No Dilution since 2014
4. Zero Convertible Notes
5. RWA - Real World assets APP for trading#bmcs https://t.co/HAsGhucWGA
Thursday is always better day for updates.
Can't be soon enough.
Here is to hoping 🍺🍺🍺🍺🍺
I think we'll see the PR's at around the same time we see more MM's.
And that may be sooner than you think.
Was that the first of 5 pr's????????????
Commodity tokenization is a significantly innovative and intriguing concept in the world of investment and trading. Essentially, it is the way to transform a physical commodity, such as oil, gas, gold, silver, and other precious metals, into a digital asset supported by a token.
Commodity tokenization is a significantly innovative and intriguing concept in the world of investment and trading. Essentially, it is the way to transform a physical commodity, such as oil, gas, gold, silver, and other precious metals, into a digital asset supported by a token.
— BIOTECH MEDICS CEO (@anthony88205118) July 16, 2024
Reboot Token asks .....
Why don’t you swap your digital assets for a cryptocurrency that is actually growing???
@anthony88205118 replies with .....
If it doesn't result to cash... then why??¿¿??
Wrong answer Tony.
#USEnergyInit & #BMCSSumcoin
— Reboot Token (@reboottoken) May 9, 2023
Why don’t you swap your digital assets for a cryptocurrency that is actually growing???https://t.co/37XfUmbt0j
#RebootToken $USEI $BMCS #Sumcoin #PEPE #Pepecoin #memecoins $APED $DOGE $FKPEPE $GENSLR $PLEB $DINO $REKT #PEPEBNB $STONKS #BONE pic.twitter.com/DVmhRhAtQP
The bid went up from .0016 to .0017 WOW
Just a beginning for RWA model business.
Five press releases = 5 steps up in PPS, imo. Good times about to happen here.
Finally!
$BMCS... OUR RWA TOKENIZATION LAUNCH WILL BE A SERIES OF AT LEAST 5 PRESS RELEASES... WE HAVE TO TELL YOU THE STORY AND YOU UNDERSTAND THE SIGNIFICANCE OF OUR OPPORTUNITY #RWA #BMCS #TOKENIZATION #Stobox #blackrok #commodityvault
— BIOTECH MEDICS CEO (@anthony88205118) July 15, 2024
sent this to Tony https://x.com/TheStockGuru13/status/1812194368041746927/photo/2 The item on the right side
$BMCS
— BIOTECH MEDICS CEO (@anthony88205118) July 8, 2024
COMMODITY VAULT... #RWA #Tokenization #STOBOX #COMMODITYVAULT #BMCS pic.twitter.com/7EuRzBRsnB
What are we supposed to see there?
Please let us know when you see anything. Thanks
Please let us know when you see anything. Thanks
Maybe it's like throwing something at the wall to see if it sticks.
Easy to monitor on Coinscan for soft launch activity.
$BMCS is rapidly approaching the soft launch of its RWA Tokenization platform 'Commodity Vault '... we are taking the time to get it right #RWA #tokenization #commodityvault
— BIOTECH MEDICS CEO (@anthony88205118) July 8, 2024
Is a soft launch when you try to launch something with no fuel in the tank?
BIOTECH MEDICS CEO
@anthony88205118
·
2m
$BMCS is rapidly approaching the soft launch of its RWA Tokenization platform 'Commodity Vault '... we are taking the time to get it right #RWA #tokenization #commodityvault
$BMCS Veteran Investor Says Real-World Asset Tokens Will Be Worth Trillions, How To Position For The Gains
https://www.the-blockchain.com/2024/07/04/veteran-investor-says-real-world-asset-tokens-will-be-worth-trillions-how-to-position-for-the-gains/
$BMCS First Real-Life Assets to Be Tokenized Revealed
The concept of real-world asset (RWA) tokenization has been gaining significant traction, with an increasing number of projects experimenting with tokenized assets.
At its core, RWA tokenization is the process of representing physical and traditional financial assets as digital tokens on a blockchain.
These tokenized assets, which can be bought, sold, and traded just like securities, offer numerous advantages, including increased liquidity, faster settlement, lower costs, and bolstered risk management.
According to analysts at McKinsey & Company, the market for tokenized assets is projected to reach an astonishing $2 trillion by 2030.
In a recent report, the analysts noted that while the adoption of tokenization has had a slow start, they anticipate significant growth in the coming years.
They even suggest a bullish scenario where the market value could double to around $4 trillion, although they remain slightly less optimistic than before.
McKinsey’s analysts identified several asset classes that are likely to experience meaningful adoption first, including cash and deposits, bonds and exchange-traded notes (ETNs), mutual funds, exchange-traded funds (ETFs), loans, and securitization.
What is RWA Tokenization?
RWA tokenization involves converting rights to a physical or intangible asset into a digital token on a blockchain.
This approach allows traditional assets like real estate, commodities, and financial securities to be represented, owned, and traded digitally.
The primary benefits of RWA tokenization include increased liquidity, reduced transaction costs, and enhanced accessibility.
By tokenizing assets, it becomes possible to trade fractions of high-value items, making them more accessible to a broader range of investors.
Additionally, the use of smart contracts automates and streamlines transaction processes, reducing reliance on intermediaries and lowering associated costs.
It is worth noting that interest in asset tokenization has increased substantially in recent years, fueled by several factors.
For one, technological advancements in blockchain and smart contracts have made the tokenization process more accessible and secure.
Furthermore, regulatory developments are gradually creating a more favorable environment for digital assets, attracting institutional investors and traditional financial markets.
Benefits of Tokenization
Increased Liquidity: Tokenization allows assets to be divided into smaller, tradable units, enhancing liquidity. This is particularly beneficial for assets that are traditionally illiquid, such as real estate and fine art.
Fractional Ownership: Investors can purchase fractions of high-value assets, democratizing access to investment opportunities that were previously out of reach.
Broader Market Access: Tokenization opens up global markets, enabling anyone with internet access to invest in a diverse range of assets.
Early Candidates for Tokenization
Early candidates for tokenization typically include assets that can benefit significantly from increased liquidity, transparency, and efficiency offered by blockchain technology. Some of the most promising early candidates for tokenization are:
1. Real Estate
First Real-Life Assets to Be Tokenized Revealed
Real estate has emerged as a prime candidate for tokenization due to its substantial value and the inherent liquidity challenges associated with property investment.
Projects like RealT and Tangible are pioneering the tokenization of real estate, allowing investors to buy fractions of properties.
This approach not only democratizes access to property investment but also enhances liquidity in the real estate market by making it easier to trade property shares.
2. Art and Collectibles
The tokenization of art and collectibles, illustrated by the rise of non-fungible tokens (NFTs), is transforming how high-value items are bought and sold.
Companies like Freeport have successfully fractionalized iconic artworks, enabling investors to own shares of masterpieces like Andy Warhol’s paintings.
This trend is expanding to include rare collectibles, luxury items, and even digital art, providing a secure and transparent way to invest in valuable assets?.
3. Commodities
Tokenizing commodities such as gold, oil, and agricultural products could revolutionize commodity trading.
By converting these physical assets into digital tokens, the process of trading becomes more efficient and accessible.
This could lead to a more liquid and transparent commodities market, attracting a broader range of investors.
4. Financial Instruments
The financial sector is also exploring the tokenization of bonds, securities, and other instruments.
Tokenized financial assets can enhance market transparency and accessibility, allowing for more efficient trading and settlement processes.
Platforms like Polymesh are at the forefront of this innovation, providing the infrastructure needed to securely tokenize and manage securities.
5. Intellectual Property
Tokenizing intellectual property rights, such as patents and trademarks, is an emerging trend that could simplify licensing and revenue sharing.
This can provide a more efficient and transparent method for managing and monetizing intellectual property, benefiting creators and investors alike.
Institutional Interest in Tokenization Soars
One major driver behind the growth of asset tokenization is the increasing interest from institutional investors and financial markets.
In March, investment management firm BlackRock launched a new tokenized fund in collaboration with digital asset securities firm Securitize.
The fund, registered in the British Virgin Islands, operates as a pooled investment fund. This structure allows investors to pool their funds together into a single portfolio, providing them with potentially higher returns.
As reported, leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian.
JPMorgan’s blockchain platform, Onyx, is particularly keen on converting the insights gained from its pilot program with the Monetary Authority of Singapore (MAS) into tangible products.
Another traditional firm heavily invested in blockchain-enabled finance migration is WisdomTree, an asset manager.
WisdomTree is also exploring the provision of different on-chain services through a unified interface for its clients.
The company aims to integrate various financial services, including tokenized portfolios and traditional banking services, into a single application.
It is worth noting that both public and private blockchains are witnessing the inclusion of various assets.
Some of the more notable examples include Franklin Templeton’s U.S. Government Money Fund expanding from Stellar to Polygon, Backed Finance launching a tokenized short-term U.S. treasury bond exchange-traded fund (ETF), and UBS Asset Management deploying a tokenized money market fund (MMF) on the Ethereum blockchain.
Challenges to Widespread Adoption
Despite the promising potential of asset tokenization, several challenges need to be addressed to achieve widespread adoption.
A significant obstacle is regulatory uncertainty. Many jurisdictions lack clear and consistent legal frameworks for tokenized assets, making it difficult to comply with varying laws across borders.
Furthermore, as noted by analysts at McKinsey & Company, limited liquidity and concerns about losing market share often discourage tokenized issuances, leading to parallel issuances on legacy systems.
To overcome these challenges, tokenization needs compelling use cases that offer clear advantages over traditional finance systems.
The analysts further added that modernizing existing financial infrastructure poses a challenge, particularly in heavily regulated industries like financial services.
To foster greater adoption, McKinsey’s analysts highlighted the importance of providing increased mobility, faster settlement, and enhanced liquidity for tokenized assets.
The Bottom Line
In conclusion, asset tokenization represents a revolutionary shift in how assets are owned, traded, and managed.
Various sectors, including real estate, art, commodities, and financial instruments, stand to benefit immensely from this technological transformation.
However, widespread adoption of tokenization is still a distant reality, with challenges like regulatory uncertainty, limited liquidity, and market readiness remaining.
$BMCS Why real world asset tokenization is the next big thing in crypto
Mantra CEO discusses the importance of compliance and an easy investment process.
Scott Melker
Jun 18, 2024 2:53 PM EDT
The convergence of institutional interest and blockchain technology is creating a pivotal shift in the financial landscape. In a recent conversation, Scott Melker, host of The Wolf of All Streets podcast, and John Patrick Mullen, CEO and co-founder of Mantra, discussed the burgeoning potential of real world assets (RWAs) within the crypto space.
Melker highlighted BlackRock and BlackRock CEO Larry Fink as important players in bringing RWAs to the public eye. “The real trigger for RWA coming into the forefront again was Larry Fink and BlackRock,” Melker said. He emphasized that while many focused on BlackRock’s bitcoin spot ETF (exchange-traded fund), Fink’s annual letter hinted at a broader ambition: tokenization.
Mullen echoed this sentiment. “Institutions are here,” Mullen said, referring to the billion-plus T-bills (treasury bills) already tokenized on public blockchains. He underscored the immense potential of RWAs, suggesting that current efforts are merely the "tip of the iceberg."
Melker compared Wall Street’s gradual shift to blockchain technology to the "death throes of the dinosaurs." He said that lengthy transaction times made blockchain, which is instantaneous, increasingly attractive. Mullen envisioned a future of 24/7 markets accessible globally, “from the palm of your hands.”
However, transitioning to a blockchain-based system isn’t without challenges. “Using blockchain effectively means disrupting the largest businesses in the world,” Melker pointed out. This disruption includes every intermediary in the financial sector, from credit card companies to stock exchanges.
Mullen acknowledged these impediments but remained optimistic about the long-term strategy. “We’re literally creating a new market for on-chain tokenized assets,” he said. He highlighted the importance of compliance and seamless investment processes, emphasizing that while the market doesn’t fully exist yet, the potential is vast.
A significant part of this transformation involves understanding the token as a product. “The token is a product,” Mullen explained, stressing the importance of community support and responsible management.
Energy
No one doubts that other companies can pull it off.
New post I see...
$BMCS... https://t.co/vRFngP7XZL
— BIOTECH MEDICS CEO (@anthony88205118) July 6, 2024
One of Tony's loyal shareholders should ask him if he plans to hold onto the Sumcoin he claims to have until the Sun burns itself out. What good does an asset have if its value is never realized in order to put the money to good use? Like paying the employment accrual of $385, 549.
I wonder how it feels not having a clue about anything involving BMCS's business plans and assets.
Sumcoin Index ?? [SUM]
@SumcoinIndex
“#Sumcoin is no longer a part of our business model.” By stating this publicly, they have effectively opted out of any future claims or participation in Sumcoin, including any transitions involving Slice Wallet to Sumcoin Wallet migration, which just began today! The walk away will cost investors of BMCS over $40,000,000 -
#idiots $BMCS #BMCS #PublicDisclosure #Regulations (See SEC forms 8-K, 10-Q, 10-K)
Oh shoot. There are none filed!
What are tokenized RWAs? How are tokenized RWAs created? How would you tokenize stocks, bonds, and commodities?
What is the future of tokenized RWAs?
Real-World Assets (RWAs) Explained
https://blog.chain.link/real-world-assets-rwas-explained/
What Are Real-World Assets And How Can They Change Wealth Management?
https://www.forbes.com/sites/forbestechcouncil/2024/03/07/what-are-real-world-assets-and-how-can-they-change-wealth-management/
One of Tony's loyal shareholders should ask him if he plans to hold onto the Sumcoin he claims to have until the Sun burns itself out. What good does an asset have if its value is never realized in order to put the money to good use? Like paying the employment accrual of $385, 549.
Why do say it's irrelevant? Sumcoin is listed as their most valuable asset. To me, that makes it extremely relevant.
I guess you can un pin that sticky note at the top of the list. It's irreverent.
Better off looking into Covo coin.
$BMCS... note: our business model is RWA Tokenization of commodities (our project launch very soon)... sumcoin is no longer a part of our business model
— BIOTECH MEDICS CEO (@anthony88205118) July 4, 2024
If Sumcoin is no longer a part of their business model, why not sell them and use the money to further their actual business model?
BIO TECH MEDICS, INC
5850 CANOGA AVE
Suite 400
Woodland Hills, CA 91367
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