Coinbase began rolling out access to nearly 4,000 US stocks to eligible UK customers on August 6, 2026, offering 24-hour trading five days a week with zero commissions and fractional shares. The service integrates equities with crypto in a single app as part of the company's 'Everything Exchange' strategy.
Real-world asset (RWA) deposits in decentralized finance platforms surged to $7.4 billion in Q2 2026, more than tripling from the previous year, even as overall DeFi deposits fell approximately 15%. The growth was driven by tokenized Treasury funds and products like BlackRock's BUIDL and Sky's sUSDS, according to a CoinShares report.
Payward, parent company of cryptocurrency exchange Kraken, is enabling holders of its xStocks tokenized equities to participate in corporate governance through proxy voting, partnering with Broadridge to facilitate the integration. The move marks a significant shift from the platform's previous policy where xStocks holders had no voting rights.
BlackRock introduced blockchain-based tokenized share classes for six European money market funds in its Institutional Cash Series, using JPMorgan's Kinexys platform to mint tokens on the Ethereum blockchain. The initiative marks a significant expansion of digital asset technology into mainstream institutional finance.
Dinari became the first company to offer eligible U.S. investors access to over 700 tokenized stocks, including the entire S&P 500, through self-custody wallets using USDC stablecoin. The platform, launched in partnership with Circle, allows trading of blockchain-based shares backed one-to-one by underlying securities.
Enlivex Therapeutics has entered into a securities purchase agreement with an institutional investor for a private placement valued between $400-800 million, with the investor potentially funding the deal using RAIN tokens, raising concerns among shareholders.
Cryptocurrency exchange Bybit announced on July 31, 2026, that it will allow users to pledge six tokenized stocks (xStocks) as collateral across its margin trading, crypto loans, and institutional lending services. The tokenized equities include shares of Nvidia, Apple, Tesla, Robinhood, Circle, and Google.
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.
On-chain transfer volume for tokenized equities reached $9.22 billion in a single month in 2026, with the tokenized traditional finance market hitting $6.6 billion. Robinhood launched its own blockchain on July 1 to enable tokenized stock trading, with the platform tripling in size since mid-July.
Binance's bStocks, a tokenized securities platform offering 24/7 trading access to stocks, has crossed $500 million in assets under management just seven weeks after its launch, driven primarily by demand from Gen Z investors seeking round-the-clock market access through blockchain technology.
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.
Tether's gold-backed digital asset XAU₮ received Shariah compliance certification from Amanah Advisors in July 2026, allowing Islamic banks, institutions, and individuals to access blockchain-based physical gold ownership without exposure to interest or leverage.
Tokenized real-world assets on Robinhood Chain rose roughly fivefold to about $70 million in less than two weeks, with tokenized GameStop leading tokenized-stock daily volume at $26.6 million. According to CryptoRank data cited by BeInCrypto, applications on the network generated $25 million in fees in the week ending July 24, ranking third behind Ethereum and Solana. FalconX research cited by TechTimes estimated that memecoin speculation accounted for more than 80% of the chain's cumulative decentralized exchange volume, which had surpassed $9 billion since launch.
Alpaca, a custody provider, now holds over $1.5 billion in shares backing tokenized equities, representing approximately 94% of the tokenized stock market. This concentration emerges as crypto exchanges increasingly offer tokenized securities products that allow traders to access traditional assets without opening conventional brokerage accounts.
Tokyo-listed Metaplanet purchased Siiibo Securities for approximately $13 million (2.1 billion yen), gaining a Type I securities brokerage license to develop Bitcoin-backed credit products and tokenized securities in Japan's regulated market. The move signals a strategic shift from passive Bitcoin accumulation to building an active Bitcoin-focused financial platform.
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.
Cryptocurrency exchange Bybit has integrated xStocks tokenized equities into its Dual Asset structured product, offering fixed-return yield products backed by shares of SpaceX, Nvidia, Apple, Alphabet, Coinbase, and Amazon with investment periods ranging from 8 hours to 1 day.
Robinhood's Ethereum Layer-2 blockchain, launched July 1, 2026, has generated over $2 million in cumulative revenue and surpassed Coinbase's Base in daily active users, though on-chain data shows more than 80% of its $9 billion trading volume comes from memecoin speculation rather than its intended focus on tokenized stocks.
Uniswap Labs announced Permissioned Pools, a new hook standard for Uniswap v4 that enables regulated trading of tokenized funds, equities, and other real-world assets through automated market makers with onchain compliance controls. The feature was developed in collaboration with Securitize, Superstate, and Dowgo.
LayerZero Labs and Keeta announced a partnership to make tokenized commercial bank money natively transferable across Ethereum, Solana, Base, and the Keeta Network. Keeta Stablecoins will be backed by commercial bank deposits held through Bivo, a U.S.-licensed financial technology platform, and are scheduled to become available later in July 2026 in nine currencies.
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.
Tassat has unveiled Project NENYA, a stablecoin reserve management platform it expects to launch in early 2027. The proposed platform is designed to connect regulated stablecoin issuers with regional and midsize U.S. banks and facilitate reserve allocation across cash deposits and tokenized high-quality liquid assets. The announcement follows the passage of the GENIUS Act.
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.
Britain announced plans to conduct its first tokenized sovereign bond transaction, known as DIGIT, by the first quarter of 2027. HSBC became the first Digital Securities Sandbox entrant to receive Gate 2 approval from the Bank of England to provide live Digital Securities Depository services through HSBC Orion. Industry experts said the initiative's success depends on developing adequate on-chain cash settlement infrastructure.
Cryptocurrency exchange MEXC has hired Robert MacDonald, a former compliance executive at Bybit and Binance, as its Chief Compliance Officer. The appointment comes as MEXC expands into tokenized stocks and other regulated financial products.
Several financial-market firms announced separate expansions: 1exchange added UBS Asset Management's tokenized uMINT money market fund for secondary trading on July 22, 2026; CoinShares launched a UCITS platform, with its Bitcoin Mining UCITS ETF beginning trading on Deutsche Börse Xetra on July 21 after launching on July 16; and the London Stock Exchange announced plans to launch LSE 24, a separate night-time trading venue, in the first half of 2027.
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.
Crypto trading platform Uphold has launched a new equities service allowing U.S. customers to trade more than 4,000 U.S. stocks and ETFs, including fractional shares, directly from their crypto holdings without transferring funds to another platform.
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.
Brazil's Comissão de Valores Mobiliários (CVM) has launched a working group to develop an experimental regulatory framework for tokenized securities based on distributed ledger technology, with a primary proposal due within 60 days and a comprehensive framework expected within 120 days.
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.
Wall Street investment bank Cantor Fitzgerald has announced a collaboration with Securitize to create a pathway for companies to conduct initial public offerings and follow-on equity offerings using blockchain tokenization technology. Cantor will provide equity capital markets and trading expertise while Securitize supplies regulated tokenization infrastructure.
The Depository Trust & Clearing Corporation, which processes virtually all U.S. securities transactions and custodies over $114 trillion in assets, announced it will begin limited production trades of tokenized securities in July 2026, with full service launch planned for October 2026. The initiative has backing from over 50 financial firms and follows SEC no-action relief granted in December 2025.
South Korea will conduct a 2027 pilot program connecting tokenized government bonds to its institutional central bank digital currency infrastructure, moving sovereign debt tokenization from proposal to implementation.
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.
Japan's dominant security token platform completed migration of ¥452 billion ($3 billion) in regulated assets from Corda 5 to a dedicated Avalanche L1, achieving 3–5x faster transfers. Concurrently, BlackRock's BUIDL fund on Avalanche surged 105% in seven days to surpass $900 million.
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.
South Korea's government has reaffirmed its commitment to expanding its blockchain and digital asset sector in the second half of 2026, announcing plans for stablecoin legislation, crypto ETF frameworks, and a 2027 pilot program linking tokenized government bonds to its institutional CBDC infrastructure. The push comes as crypto trading volumes hit a two-year low amid broader market challenges.
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.
The cryptocurrency market is experiencing renewed activity with legislative progress on the Digital Asset Market Clarity Act, while crypto exchanges increasingly serve as distribution platforms for tokenized stocks and real-world assets from Wall Street.
Stablecoin issuer Tether is launching gold-backed loans through a partnership with Ledn using its XAUT token and investing $20 million in Brazil's Mercado Bitcoin to expand blockchain financial services across Latin America. The moves come as Tether's former CIO seeks to sell his stake in the company.
Robinhood launched the public mainnet of Robinhood Chain, its Layer 2 blockchain, alongside new products including 24/7 tokenized stock trading, perpetual futures, onchain lending, and planned agentic crypto trading capabilities.
DeFi lending protocol Edel Finance halted its version-one protocol after an attacker exploited the wrapping mechanism for tokenized Alphabet stock, artificially inflating collateral values by 7,700% and extracting $403,000. The team stated no depositors would bear losses.
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.
Binance and Coinbase announced plans to offer 1:1 backed tokenized versions of U.S. stocks with 24/7 trading, while the DTCC prepares its first live demonstration of asset tokenization and the SEC proposes regulatory changes that could facilitate tokenized securities markets.
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.
Major U.S. banks are forming a consortium through The Clearing House to launch a shared tokenized deposit network in the first half of 2027, positioning it as a response to stablecoin competition for deposits.
Coinbase unveiled a new product allowing eligible non-U.S. users to trade perpetual futures contracts tied to pre-IPO companies. SpaceX is the first offering, with contracts tracking the company ahead of its planned $75 billion IPO.
Global bond markets experienced turbulence in early June 2026, with yields rising toward critical levels amid renewed Iran conflict, while Hong Kong's HKMA formed an expert group to advance tokenized bond adoption following previous regulatory and collaboration challenges.
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.
The U.S. Senate is moving forward with the Clarity Act, which blocks CBDCs while providing regulatory framework for stablecoins, as DTCC simultaneously announces integration of its tokenized securities platform with the Stellar blockchain, marking institutional adoption of public blockchains.
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.
Following a $292 million KelpDAO exploit, crypto projects with over $3 billion in total value locked migrated their cross-chain infrastructure from LayerZero to Chainlink's CCIP. Solv Protocol moved $700 million in tokenized Bitcoin infrastructure as part of the migration.
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.
Crypto exchange Bullish has agreed to acquire global transfer agent Equiniti in a $4.2 billion deal aimed at building tokenized securities infrastructure, marking a significant move toward traditional finance integration.
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.
Strategy announced plans to increase dividend payments on its STRC perpetual preferred stock from monthly to semi-monthly, aiming to stabilize price, dampen cyclicality, and drive liquidity for the security that currently pays 11.5% annualized.
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.
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.
Galaxy shareholders holding tokenized GLXY shares will be able to participate in proxy voting on-chain in May through a partnership with Broadridge. This represents the first implementation of on-chain corporate governance for tokenized securities.
Franklin Templeton, managing $1.7 trillion in assets, partnered with Ondo Finance to tokenize five equity and gold ETFs, enabling round-the-clock trading through digital wallets. The move represents a major institutional push to bring traditional securities on-chain for crypto-native investors.
