Oct 1, 2026
South Korea's Financial Services Commission proposed detailed rules for tokenized securities, including capital requirements, OTC trading licenses and retail investment limits, with implementation planned for February 4, 2027.
Cboe Global Markets and S&P Dow Jones Indices extended their exclusive licensing agreement for S&P 500 index options for 25 years through 2051. The agreement includes provisions for potential tokenized options products.
ARK Invest tokenized its ARK Venture Fund (ARKVX), a closed-end interval fund with approximately $1.3 billion in net assets, enabling eligible investors to subscribe and redeem holdings onchain using USDC through a partnership with Securitize.
BlackRock introduced three investment portfolios as blockchain-based tokens through Ondo Finance, marking the asset manager's latest push into tokenized traditional finance. The portfolios are based on model strategies developed by BlackRock.
The New York Stock Exchange and crypto exchange Blockchain.com signed a memorandum of understanding to give Blockchain.com's 44 million users access to tokenized US-listed stocks and ETFs through NYSE's planned 24/7 digital trading venue.
Canada's six largest banks—Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada, Scotiabank, and TD Bank—are jointly exploring a Canadian-dollar tokenized deposit system to modernize the country's payments infrastructure.
SoFi began settling debit and credit card transactions using its SoFiUSD stablecoin on Mastercard's global payments network, migrating its entire card program expected to process over $25 billion in annualized volume.
The European Central Bank launched Pontes, a new settlement platform allowing wholesale tokenized assets to be settled using central bank money rather than private stablecoins. The system is designed exclusively for regulated financial institutions.
Intercontinental Exchange agreed to collaborate with tZERO on infrastructure for its planned NYSE-affiliated tokenized securities market, with ICE investing in tZERO and licensing its platform while tZERO serves as design partner.
Bank for International Settlements General Manager Pablo Hernández de Cos told the Federal Reserve's Jackson Hole Economic Policy Symposium on August 28 that stablecoins do not credibly function as a payment method at scale, while tokenized deposits offer a more compelling case for harnessing blockchain technology in the financial system.
The Bank for International Settlements reported Project Agorá completed $1 million in real-value cross-border payment trials, with 28 financial institutions settling transactions across six currencies in about 80 seconds.
Major global banks including JPMorgan, Citibank, and UBS successfully settled real cross-border payments using tokenized central bank reserves and commercial bank deposits in a pilot program coordinated by the Bank for International Settlements.
Aviva Investors has launched a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger after receiving approval from Irish regulators, marking a significant institutional adoption of blockchain technology for traditional asset management.
Ondo Finance has launched the Ondo Network, a new execution layer designed to combine centralized exchange-like speed with non-custodial trading and onchain functionality. The company describes it as an evolution of Ondo Chain.
Tokenization platform Securitize gained SEC investment adviser registration through its subsidiary, partnered with Uniswap Labs on permissioned trading pools for tokenized assets, and saw South Korea's Hanwha Group become its largest shareholder with a 9.6% stake.
The XRP Ledger added approximately $2.6 billion in tokenized real-world assets (excluding stablecoins) over the past six months, achieving the second-highest RWA inflow among blockchain networks according to RWA.xyz data, with total value exceeding $4 billion.
Oasis Pro Markets, a subsidiary of Ondo Finance, has secured regulatory authorization from the SEC and FINRA to offer tokenized equities, ETFs, mutual funds, and IPO securities to U.S. investors. The approval marks a significant regulatory milestone for tokenized securities in the United States.
USDC issuer Circle Internet Group has signed separate strategic agreements with South Korea's major fintech platforms Kakao Group and Viva Republica (Toss operator) to explore stablecoin payment infrastructure, remittances, and tokenized finance as the country works to establish a digital asset regulatory framework.
Mubadala Capital, the asset management arm of Abu Dhabi's $385 billion sovereign wealth fund, has launched a tokenized version of one of its private markets investment strategies on multiple blockchains including Solana, Sui, and Base, with Coinbase taking exposure in the fund through a partnership with Abu Dhabi FinTech firm Kaio.
Monthly trading volumes for tokenized real-world asset (RWA) perpetual futures have grown more than fivefold to $470 billion, driven primarily by tokenized equity products. Public equities now represent 46% of the RWA perpetuals market with $2 billion in open interest, while Solana captures 95% of on-chain tokenized stock trading volume.
Korea's Internet & Security Agency (KISA) and the Ministry of Science and ICT have launched a project to build deposit token-based payment infrastructure, expanding the Bank of Korea's 'Project Hangang' CBDC pilot results into the private payment sector. The initiative was officially kicked off at a joint ceremony in Seoul on July 22, 2026.
Payward, the parent company of crypto exchange Kraken, announced a partnership with fintech infrastructure provider GTN to expand its xStocks tokenized stock platform beyond US equities to international markets including Hong Kong, South Korea, the UK, and Europe, subject to regulatory approvals.
The market for tokenized U.S. Treasury securities has surged 2.5 times over the past year to approximately $15.9 billion, while Bank of New York Mellon announced plans to enable round-the-clock settlement for both conventional and tokenized Treasuries by 2027.
The Abu Dhabi Global Market (ADGM) has officially recognized Tether Gold (XAU₮) as an Accepted Spot Commodity, allowing regulated firms within the international financial center to offer services involving the tokenized gold product subject to their own regulatory approvals.
The Depository Trust & Clearing Corporation processed live production trades involving tokenized stocks, ETFs, and U.S. Treasurys with nearly 40 financial firms including JPMorgan, BlackRock, Goldman Sachs, and Vanguard, marking Wall Street's largest tokenization initiative to date.
Hong Kong's Securities and Futures Commission has authorized Baillie Gifford's Enhanced Yield Fund, the city's first fully native tokenized fund allowing professional investors to hold direct ownership of assets on a public blockchain. The approval comes as Asian financial centers accelerate adoption of tokenized investment products, with SBI Global Asset Management also launching a Japanese equity strategy token on Solana.
HM Treasury announced a wholesale digital markets taskforce including 54 firms backed by the City of London Corporation. BlackRock, JPMorgan, Goldman Sachs, Morgan Stanley, and Ripple are among participants. The UK government estimates tokenized financial markets could add £33 billion ($44 billion) to annual economic output by 2035.
SBI Holdings and the Solana Foundation announced a strategic collaboration to build an onchain financial market from Japan, with Solana Foundation taking a stake in SBI R3 Japan, which will be renamed SBI Solana Global. The venture will focus on stablecoin issuance and tokenization of real-world assets.
Robinhood Markets launched Robinhood Chain, an Ethereum layer-2 blockchain built on Arbitrum technology for tokenized stocks and real-world assets. The network processed $3.1-4 billion in DEX volume in its first week, driven by memecoin trading and gas subsidies, with Uniswap collecting $4.38 million in daily fees from the platform.
Robinhood's Layer-2 blockchain recorded over $690 million in decentralized exchange trading volume within a 24-hour period, representing a 10x increase from previous levels. The surge was reportedly driven by retail trading activity around a memecoin named Cash Cat, despite the chain being originally positioned for real-world asset tokenization.
NYSE parent company ICE and crypto exchange OKX announced a 50-50 joint venture to develop infrastructure for tokenized and digitally native financial products, with former New York Governor Andrew Cuomo serving as co-chair. The partnership aims to give OKX's 120 million users access to tokenized NYSE equities and ICE futures markets.
The U.S. Securities and Exchange Commission is developing an 'innovation exemption' policy that would permit crypto companies to offer blockchain-based versions of publicly traded stocks without full traditional broker licensing requirements. The move could enable 24/7 trading of tokenized equities and represents a potential major shift in U.S. equity markets.
Standard Chartered analyst Geoff Kendrick initiated coverage on Uniswap with a $100 price target by 2030 (40x current levels), projecting DeFi total value locked to reach $2.7 trillion driven by tokenized real-world assets.
The US Securities and Exchange Commission proposed eliminating Rules 611 and 610(e) of Regulation NMS, which could remove major legal barriers preventing tokenized US stocks from trading on blockchain platforms. Analysts say this represents a significant regulatory shift for digital securities.
Digital Asset Holdings secured $355 million in funding led by Andreessen Horowitz, with participation from HSBC, Apollo, CME, BNP Paribas, Abu Dhabi Investment Authority, and over 20 other institutional investors. The round values the Canton Network blockchain developer at approximately $2 billion and will fund expansion of its institutional tokenization infrastructure.
SpaceX is conducting what's set to be the largest IPO in history, with shares listing on Nasdaq while Backpack Securities simultaneously launches SPCX, a tokenized version of SpaceX stock on the Solana blockchain that can be redeemed for underlying shares.
Citigroup has introduced Digital Depositary Receipts, a blockchain-based product that allows wealthy and institutional clients to trade tokenized shares of private companies. The platform will operate on SIX Digital Exchange and represents the bank's expansion of tokenization beyond deposits and treasury products.
DBS Group, Singapore's largest bank by assets, announced it will offer tokenized physical gold to retail customers through its digibank app in the second half of 2026, as demand for precious metals grows and Singapore positions itself as a gold trading hub.
Pyth Network has introduced Pyth Indices, a suite of proprietary indices providing continuous 24/7 pricing for U.S. equities, oil, metals, and thematic sectors, enabling price discovery across traditionally closed markets to support around-the-clock trading products in crypto.
Binance's newly launched stock trading service, which integrates over 7,000 US-listed stocks and ETFs into its crypto platform, has accumulated more than $400 million in assets under management within its first week of operation since the June 1 rollout.
Cryptocurrency exchange Bybit has launched IPO Express, a platform offering tokenized access to U.S. stock IPOs starting with SpaceX, which is set to go public on June 12 in what's expected to be the largest IPO in history with a $135 per share valuation. The service allows eligible retail investors to subscribe at official offering prices, bypassing traditional Wall Street pre-IPO access restrictions.
The SEC declared effective the Form S-4 registration statement for tokenization firm Securitize's merger with Cantor Equity Partners II, moving the BlackRock-backed company closer to a public listing on the New York Stock Exchange.
Liquid restaking protocol ether.fi is allocating $100 million to Plume's real-world asset vault, enabling its customers with over $6 billion in deposits to access institutional RWA yield opportunities through the partnership.
Tether has partnered with Fasset to introduce the first gold-backed Visa card that allows users to spend from their XAUT (Tether Gold) balance and earn cashback rewards in digital gold. Tether has committed $1 million to fund the card's rewards program.
Payward, parent company of crypto exchange Kraken, plans to offer global retail investors access to U.S.-listed IPOs at offering prices through its xStocks tokenized equities framework, breaking down traditional barriers that typically limit retail participation in initial public offerings.
Citigroup forecasts the tokenized asset market will expand from approximately $17 billion currently to $5.5 trillion by 2030, with stablecoins alone generating demand for up to $1 trillion in onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks.
Binance announced it will allow non-US users to trade over 7,000 US stocks and ETFs with zero commission and fractional purchases starting at $5. The exchange also previewed 'bStocks,' a forthcoming feature that will enable users to tokenize shares on BNB Chain.
The U.S. Securities and Exchange Commission is finalizing a regulatory framework that would permit blockchain-based versions of publicly traded stocks from companies like Nvidia, Apple, and Tesla to trade on decentralized crypto platforms. The innovation exemption could be announced as soon as this week.
Swiss Financial Market Supervisory Authority (FINMA) approved SIX's plan to merge its digital central securities depository (SIX Digital Exchange) into its traditional CSD, SIX SIS, consolidating digital and traditional securities infrastructure.
BlackRock, the world's largest asset manager, submitted a comment letter opposing a potential 20% cap on tokenized reserve assets in the GENIUS Act, which would limit products like its BUIDL fund. The firm urged the OCC to drop the cap idea and expand eligible assets.
Ondo Finance has partnered with Broadridge Financial Solutions to allow holders of its tokenized stocks and ETFs to participate in on-chain proxy voting, bringing tokenized equities closer to traditional brokerage account functionality. The feature covers Ondo's $700 million in tokenized equities across 250+ stocks.
Securitize has partnered with transfer agent giant Computershare to enable public companies to issue blockchain-based shares, potentially bringing $70 trillion in U.S. equities onchain. The agreement allows companies to tokenize stocks without changing existing market structure.
Morgan Stanley debuted a government money market fund specifically designed for stablecoin issuers to hold reserves, requiring a minimum $10 million investment. The fund is aligned with GENIUS Act requirements and positions the Wall Street giant as a reserve manager for the stablecoin industry.
The Ethereum Foundation sold 10,000 ETH to Bitmine Immersion Technologies via OTC at $2,387/ETH (~$23.87M) on April 24, 2026, to fund operations. The sale, the second to Bitmine in two months, drew community criticism over the Foundation's silence on broader DeFi recovery efforts.
Ripple and Kyobo Life Insurance are piloting tokenized government bond settlement in South Korea, aiming to reduce settlement cycles from two days to near real-time as the country develops regulations for token securities.
UK asset manager Legal & General Asset Management has tokenized decades-old money market funds worth £50 billion on blockchain rails through Calastone's token network to enable faster settlement and expanded access.
South Korea's ruling party drafted proposal to regulate stablecoins and real-world assets under existing financial laws, reportedly banning yield on stablecoins and requiring technical interoperability standards.
Tokenization platform Midas secured $50 million in Series A funding to scale its institutional asset infrastructure. The company holds regulatory approval in Liechtenstein under the DLT framework enabling EU-wide passporting.
International Monetary Fund report warns that instant settlement in tokenized finance removes time buffers needed to intervene during crises, comparing stablecoins to money market funds and calling for central bank oversight.
Aave deployed its V4 upgrade on Ethereum mainnet after a governance vote, introducing a hub-and-spoke architecture designed to concentrate liquidity and expand DeFi into real-world credit markets. The upgrade includes Aave Pro for advanced users and integrates Chainlink oracles.