Foresight News reported that according to CoinDesk, regulated crypto trading firm XBTO in Bermuda has established a new tokenization team focusing on Real World Assets (RWA) such as corporate bond issuance, real estate, etc. XBTO stated that their new tokenization team will collaborate with the on-chain debt market Obligate, and their digital notes will be evaluated by the credit assessment platform Credora. XBTO has previously assisted Bermuda's airline, BermudAir, in issuing two debt tokens.