Backpack CEO Armani Ferrante announced plans to expand tokenized stock access on Solana from approximately 200 symbols to 10,000, enabling shares to move between traditional brokerage accounts and decentralized finance platforms.
Ethena has started using Binance's tokenized stocks (bStocks) as spot collateral for its $4.9 billion USDe stablecoin, hedging them with short positions in Binance equity perpetual futures. This marks Ethena's first expansion of its basis trading strategy beyond crypto assets into traditional equities, potentially opening access to a $150 trillion market.
The Solana Foundation has hired former Binance chief marketing officer Rachel Conlan as chief strategy officer to oversee institutional partnerships and ecosystem growth, and former Polygon Labs executive Jamal Raees as general manager of payments to focus on stablecoins and tokenized deposits.
Ondo Finance has introduced a feature allowing eligible institutions to directly convert existing shares and ETFs into tokenized equivalents on blockchain, or redeem tokens for underlying shares. The service is live on Ethereum and BNB Chain through integration with Alpaca.
Pendle has opened a new market enabling DeFi users to trade fixed and variable yields on tokenized private infrastructure assets through the NGI+ token, bridging institutional-grade infrastructure investments with decentralized finance.
Binance Wallet has introduced Pre-Access campaigns via PancakeSwap, enabling eligible retail investors to subscribe to tokens that provide indirect economic exposure to private companies before they go public. The initiative targets approximately 1,300 private firms valued above $1 billion, representing roughly $4.7 trillion collectively.
The Hong Kong Monetary Authority plans to introduce a wholesale central bank digital currency by the end of 2026 as part of Project EnsembleTX, enabling round-the-clock settlement for tokenized deposits and interbank payments.
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.
Blockchain finance platform Theo has launched thSLVR, a tokenized silver product that generates returns from silver lease commitments. The yield-bearing token is backed by $40 million in active leases, allowing investors to lend underlying silver to institutions and receive lease income.
Aave Labs announced plans to launch the Aave V4 RWA Hub on Avalanche, a dedicated real-world asset credit market that would allow institutions to borrow USA₮ stablecoins against tokenized collateral. Both the hub and USA₮ listing require Aave DAO approval, with no launch date specified.
Robinhood CEO Vlad Tenev announced plans to introduce one-for-one share redemptions and voting rights for the company's stock tokens, which are currently structured as offshore debt instruments without shareholder rights. The changes come after criticism over the tokens' structure, which currently excludes physical delivery of shares and grants no voting rights.
India's securities regulator SEBI and central bank RBI have launched a pilot program called Demat 2.0 that converts corporate bonds into digital tokens and settles transactions using the wholesale digital rupee. Finance Minister Nirmala Sitharaman urged the RBI to advance digital rupee capabilities as the tokenization initiative takes off.
Canada's Office of the Superintendent of Financial Institutions (OSFI) has clarified that tokenized deposits will be treated the same under law as traditional bank deposits, stating that underlying technology does not determine a financial product's legal character. The guidance provides federally regulated financial institutions clearer direction on using blockchain technology.
Italian bank UniCredit is in discussions with external technology providers to build infrastructure for digital asset trading, custody services, and access to tokenized investment products as part of plans to expand its digital asset offerings.
UK challenger bank Monument Bank has postponed the rollout of its retail tokenized deposit product, originally planned for earlier this year, now targeting a November launch. The delay stems from custody-related regulatory issues in the UK, affecting the bank's plan to offer tokenized deposits via public blockchain using Midnight's zero-knowledge technology.
Major exchange operators Nasdaq and Boerse Stuttgart, along with other finance and crypto industry groups, are calling on the European Union to scrap or significantly raise its proposed 100 million euro cap on tokenization trials, arguing the limit is too restrictive.
Nasdaq Inc. is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, valuing the firm at $21 billion. The deal will help build infrastructure for trading tokenized stocks, with Kraken set to distribute Nasdaq's tokenized securities that carry the same voting rights as traditional shares.
Indian agricultural warehouse company Arya.ag is putting records for approximately $2 billion in stored crops and grain-backed loans onto an Avalanche-based blockchain. The initiative tokenizes grain deposits, warehouse receipts, and loans for agricultural lenders in India.
ARK Investment Management has requested SEC permission to issue a tokenized share class for its ARK Venture Fund, with ownership recorded on blockchain and tradable on registered alternative trading systems. If approved, it would make ARK one of the first US funds to offer SEC-cleared tokenized shares.
Nine Swiss financial institutions including UBS, SIX, and TWINT launched a formal pilot test of CHFD, a stablecoin pegged to the Swiss franc, on September 8. The participants plan to test various use cases including automated transactions and settlement between financial institutions.
DBS Bank and Citibank executed the first weekend USD payment between Singapore and the US using tokenized deposits via Swift's Digital Ledger, demonstrating 24/7 settlement capabilities for traditional banking infrastructure.
Pineapple Financial has migrated over $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications. The milestone represents a significant step in the tokenization of traditional lending records by a conventional financial institution.
AMC Entertainment CEO Adam Aron called on Robinhood to halt trading of tokens linked to AMC shares, arguing the products were created without permission and threatening to file a complaint with the SEC. The dispute highlights emerging tensions over tokenization of traditional securities.
South Korea's Financial Services Commission introduced a comprehensive three-stage plan to tokenize stocks, bonds, and funds, with the final phase connecting securities settlement to stablecoin-based payments. The regulatory framework will become law in 2027, with full implementation targeted for February 2027.
South Korea's Financial Services Commission introduced a comprehensive three-stage plan to tokenize stocks, bonds, and funds, with the final phase connecting securities settlement to stablecoin-based payments. The regulatory framework will become law in 2027, with full implementation targeted for February 2027.
AMC Entertainment CEO Adam Aron criticized Robinhood's tokenized AMC shares, stating the company did not authorize the product. The dispute highlights the emerging market for synthetic stock exposure through tokenized securities.
Paxos-issued stablecoin USDG has launched natively on Mantle, with the Ethereum layer-2 network joining the Global Dollar Network as a partner. Mantle will receive a share of revenue generated from USDG usage on its network.
Dubai's Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize have signed a Memorandum of Understanding to develop regulated tokenized markets and digital asset infrastructure in Dubai.
Cari, a US tokenized deposit network targeting regional, mid-size, and community banks, has raised $32.5 million in the first tranche of its initial funding round, with all investment coming from banks. The funding was part of a week that saw $292.35 million in crypto and blockchain funding across 10 deals.
Animoca-backed Pencil Finance completed a $1 million student loan financing cycle entirely on-chain, providing financing to approximately 6,600 underserved students in Southeast Asia. The milestone marks the first time student loan capital has moved from funders to borrowers and back entirely on blockchain.
Natural disasters are projected to cost over $450 billion globally this year with only 38% insured, prompting efforts to tokenize catastrophe bonds and lower minimum investment thresholds from institutional levels to as low as $5,000 for retail investors.
Figure Technology Solutions closed its $717 million acquisition of Kiavi on September 1, bringing one of the largest US residential real estate investor lenders onto blockchain-based infrastructure. The deal adds approximately $7 billion in tokenized loan volume to Figure's platform.
The Securities and Exchange Commission proposed its first substantive update to transfer agent regulations since the late 1970s and early 1980s, with new reporting requirements that include questions about tokenized securities and blockchain technology. The proposal opens a 60-day comment period.
The Securities and Exchange Commission proposed its first substantive update to transfer agent regulations since the late 1970s and early 1980s, with new reporting requirements that include questions about tokenized securities and blockchain technology. The proposal opens a 60-day comment period.
A consortium of 21 financial institutions including Goldman Sachs, Bank of America, Citi, Deutsche Bank, Fidelity, and WisdomTree plans to create a company in 2026 to issue a dollar-pegged cryptocurrency in the first half of 2027. The group has more than doubled in size since October, though the token has no name or chosen blockchain yet.
The Neuberger Securitize High Income Tokenized Fund (HINC), which holds high-yield corporate bonds and CLO tranches, is now accepted as collateral on Loopscale, allowing eligible investors to borrow USDG against their positions on Solana.
The London Stock Exchange Group plans to launch tokenized stocks backed by shares of London-listed companies, partnering with Payward, the parent company of crypto exchange Kraken. The initiative aims to expand global access to UK equities through digital assets and 24-hour trading.
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.
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.
The Dallas Federal Reserve warned that tokenized deposits could reduce U.S. banks' lending capacity by $700 billion if depositors become 10% more rate-sensitive, as the technology enables faster fund movement in search of higher yields. Meanwhile, 40 Japanese banks are testing blockchain-based tokenized deposit settlement to replace the country's 53-year-old Zengin clearing system.
Arcus, a decentralized exchange built by the dYdX team in partnership with Robinhood Crypto, has launched the pToken protocol on Robinhood Chain. The protocol tokenizes managed perpetual futures accounts into transferable ERC-20 tokens, offering fixed-leverage exposure to assets like bitcoin and Robinhood stock without requiring users to manage positions directly.
Franklin Templeton has partnered with Hong Kong-licensed HashKey Exchange to distribute its tokenized Franklin OnChain U.S. Government Liquidity Fund (grBENJI) to professional digital asset investors in Asia through HashKey's Earn service. The fund represents part of Franklin Templeton's $15 billion real-world asset tokenization portfolio.
Franklin Templeton has partnered with Hong Kong-licensed HashKey Exchange to distribute its tokenized Franklin OnChain U.S. Government Liquidity Fund (grBENJI) to professional digital asset investors in Asia through HashKey's Earn service. The fund represents part of Franklin Templeton's $15 billion real-world asset tokenization portfolio.
India's market regulator SEBI will launch a pilot program in September featuring the country's first tokenized corporate bonds, with state-owned REC Limited planning to raise up to $57 million through blockchain-based transactions settled using a central bank digital currency.
Ripple is collaborating with Clearpool and Cicada Partners to build institutional lending infrastructure on the XRP Ledger, using its RLUSD stablecoin to provide working-capital loans to fintech and payments companies. The initiative aims to bring real-world credit markets onchain through a native lending model.
Binance founder Changpeng Zhao (CZ) advocated for countries to tokenize assets as a means to raise capital and attract foreign investment, while cautioning that deploying assets across multiple blockchains could lead to fragmentation issues.
MANTRA Chain, a Layer 1 blockchain focused on real-world asset tokenization, has frozen all transactions and halted network operations as a precautionary measure while investigating an unidentified incident. The MANTRA token fell approximately 9-10% following the announcement, and major exchange MEXC suspended deposits and withdrawals.
MANTRA Chain, a Layer 1 blockchain focused on real-world asset tokenization, halted network operations following an unspecified security incident. The native token dropped 18.5% to an all-time low before partially recovering.
Ripple is collaborating with Clearpool and Cicada Partners to build institutional lending infrastructure on the XRP Ledger, using its RLUSD stablecoin to provide working-capital loans to fintech and payments companies. The initiative aims to bring real-world credit markets onchain through a native lending model.
HSBC and Standard Chartered have completed the first live cross-border banking transaction on Swift's new 24/7 blockchain-based ledger, marking a significant milestone in Swift's pilot project to pivot from messaging to settlement as it adapts to the rise of stablecoins and tokenized deposits.
Robinhood CEO Vlad Tenev and Ondo Finance executive John Hoffman predict tokenization will reshape the financial system, with Hoffman comparing its trajectory to the early adoption curve of exchange-traded funds.
The Securities and Exchange Commission proposed new rules allowing crypto projects to raise capital through token sales without full securities registration, including a $5 million startup exemption and a two-tier fundraising exemption capped at $75 million.
Securitize and Neuberger launched the Neuberger Securitize High Income Tokenized Fund (HINC), a tokenized fixed-income fund investing primarily in high-yield bonds. The fund operates across Ethereum, Solana, Avalanche, and Sui blockchains, marking Neuberger's first engagement as subadvisor to a tokenized fund.
Toyota Finance has opened applications for its second tokenized bond worth ¥1 billion ($6.8 million) that retail investors can purchase directly through the Toyota Wallet mobile app, paying 1.72% annually without requiring a securities account. This builds on the company's debut tokenized bond issuance earlier in 2025.
The Securities and Exchange Commission has postponed its planned innovation exemption for tokenized securities and abruptly canceled an August 14 meeting where crypto reform rules were expected to be considered. The delays come amid concerns from Wall Street and the White House, and as Senate recess weakens momentum for the Clarity Act.
The SEC's Division of Investment Management issued a no-action letter allowing Franklin Templeton's traditional registered funds to invest in and hold shares of the Franklin OnChain U.S. Government Money Fund (FOBXX) through an affiliated blockchain-integrated custody system, subject to 12 conditions.
Crypto.com has introduced tokenized stock derivatives allowing users to gain exposure to 1,500 U.S. stocks and ETFs directly through its app, joining a broader industry push by crypto exchanges into equities trading. The launch follows similar moves by platforms like Dinari, which recently opened 724 tokenized U.S. stocks to eligible investors.
Anchorpoint Financial, a joint venture between Standard Chartered, Animoca Brands, and HKT, has launched beta access for its HKDAP stablecoin pegged to the Hong Kong dollar. The launch marks the expansion of Hong Kong's stablecoin ecosystem a year after the city implemented its stablecoin licensing law.
Anchorpoint Financial, a joint venture between Standard Chartered, Animoca Brands, and HKT, has launched beta access for its HKDAP stablecoin pegged to the Hong Kong dollar. The launch marks the expansion of Hong Kong's stablecoin ecosystem a year after the city implemented its stablecoin licensing law.
The U.S. Office of the Comptroller of the Currency announced that digital asset companies conducting legally permissible activities can pursue national bank charters, marking a significant regulatory opening for the crypto industry. The move comes as traditional financial institutions increasingly adopt blockchain technology and tokenized assets, though the OCC recently rejected Dutch fintech Bunq's charter application.
Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the US by trading volume, as part of its expansion into tokenized and always-on markets. The move comes as major financial institutions accelerate efforts to move real assets onto blockchains.
Coinbase has received a Financial Services Permission from Abu Dhabi's financial regulator to establish an international tokenization hub in the emirate. The license covers arranging deals in investments and custody of tokenized securities.
Dubai-based maritime platform Shipfinex has partnered with Abu Dhabi's ADI Chain to tokenize approximately 35 commercial vessels worth $500 million, aiming to create new blockchain-based financing channels for shipowners in the $2 trillion shipping asset class.
Wells Fargo will introduce tokenized deposits starting this fall, beginning with limited dollar-to-pound exchange for select corporate clients. The move puts Wells Fargo in competition with JPMorgan and Citi in the race to tokenize Wall Street's settlement infrastructure.
NYSE President Lynn Martin announced on August 10 that the exchange is continuing to develop infrastructure for onchain settlement of tokenized securities. The blockchain-based platform is being developed under parent company Intercontinental Exchange to enable trading and settlement of tokenized securities.
Britain's Financial Conduct Authority is working with major banks and market participants to establish standards for tokenized gold, aiming to digitize financial markets and reinforce London's position as the global bullion trading center amid competition from Hong Kong and Shanghai.
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.
Tether announced a strategic collaboration with First Advanced Data for Artificial Intelligence LLC and BKN301 to use its Hadron platform as core technology for institutional tokenization in Saudi Arabia.
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.
German exchange operator Boerse Stuttgart Digital and institutional crypto trading firm Tradias have finalized their merger after receiving regulatory approval, forming a combined digital asset infrastructure platform with nearly 300 employees offering trading, custody, staking, and tokenization services.
Wells Fargo announced plans to launch blockchain-based tokenized deposits for corporate and commercial clients, enabling 24/7 fund transfers and settlements. The move comes as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo consolidate their separate blockchain deposit projects into a single shared network operated by The Clearing House.
Western Union has partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa-branded card that allows users to hold and spend USDPT, Western Union's US dollar-backed stablecoin issued by Anchorage on Solana. The product is now available in 37 markets globally.
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.
BitGo has replaced LayerZero with Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive cross-chain provider for Wrapped Bitcoin (WBTC), bringing the total value of assets migrating from LayerZero to Chainlink to approximately $14.6-15 billion following recent security concerns.
POAP, which minted over 7.6 million on-chain badges for crypto events and collaborated with major companies like Coinbase and American Express, is winding down operations after failing to achieve profitability. Co-founder Isabel Gonzalez announced the shutdown on August 3, with the protocol entering maintenance mode.
BlackRock introduced blockchain-based tokenized share classes for select European money market funds and launched two new tokenized funds (BSTBL and BRSRV) designed for stablecoin reserve management, all built on Ethereum in partnership with Kinexys by JPMorgan.
Ripple announced strategic investments in two UK-based fintech companies, ZILO and Licuido, to bring regulated transfer agency, issuance, and collateral mobility infrastructure to the XRP Ledger for tokenized capital markets.
ATIF Holdings Limited (Nasdaq: AUC) has entered into a definitive agreement to acquire GoldCoin Labs Limited, advancing the company's strategy in tokenized real-world assets and gold-backed digital infrastructure.
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.
Swift announced its blockchain-based ledger is ready for initial use, with 17 banks from six continents preparing to pilot live transactions using tokenized deposits for 24/7 cross-border payment availability. The system moved from concept to activation in nine months.
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.
