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.
Ondo Finance's broker-dealer subsidiary Oasis Pro Markets has joined DTCC's Fund/SERV processing network, which handles over 85% of US mutual fund transactions. This marks the first time a tokenization company has connected to the traditional finance infrastructure, though neither company specified which Ondo products will use the network or when transactions will begin.
Ripple has appointed Joseph Thompson, senior vice president and head of treasury at the London Metal Exchange, to join its Trading and Markets team. Thompson's hire signals Ripple's push into tokenization and traditional finance integration.
Coinbase rolled out 24-hour, five-days-a-week trading access to nearly 4,000 US stocks for eligible UK customers on August 6, 2026, allowing users to trade equities and crypto within the same app with zero commissions and fractional investing starting at £1. The expansion marks a significant step in Coinbase's 'Everything Exchange' strategy to move beyond digital assets.
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.
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.
Cryptocurrency exchange Kraken has added a Nasdaq 100 market to its Kraken Prop funded-account trading program, marking the program's first expansion beyond cryptocurrency. Kraken said the market is available 24/7, with no contract expiry, rollovers, or forced weekend closures.
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.
