Tokenized Treasuries
$7.8B
BlackRock BUIDL Yield
3.87%
RWA Protocols Tracked
188
Live data · CoinGecko, DefiLlama · Updated 12m ago

Lead · Real-World Assets
Uber tests how tokenization can put idle cash to work with HSBC, Franklin Templeton
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends.
CoinDesk · 3h ago

Polygon adds Solana to payment stack linking bank accounts, crypto and payouts
Polygon added Solana to its payments platform, connecting businesses to bank funding, cross-chain transfers, stablecoins and global payouts.

Coinbase adds Ripple’s RLUSD stablecoin across retail, exchange and Prime platforms
RLUSD is live on Coinbase with 1:1 USD conversion on XRP Ledger, Ethereum and Base, capping a big week of news for Ripple.

DTCC unit launches tokenization services
The post-trade market infrastructure provider said the tokenization services will create a “practical path” for tokenized securities adoption.

Robinhood’s Tenev warns US tokenization uncertainty deters ‘serious assets’
Robinhood CEO Vlad Tenev says tokenized equities need more than a temporary SEC exemption to flourish in the US.

Intel, IBM, Oracle and IonQ latest to object to OKX-ICE tokenized stocks
More than 40% of the companies initially proposed to have their stocks listed in tokenized form have asked to opt-out.

Janus Henderson, Centrifuge launch tokenized Nasdaq-100 fund on Stellar
The blockchain-based fund offers eligible non-US investors exposure to the Nasdaq-100 as Janus Henderson expands its institutional tokenization business.

Aviva Investors launches tokenized share class of $29B Sterling fund on XRP Ledger
The move marks Aviva’s second fund to list tokenized shares, part of a broader collaboration to bring more tokenized funds to the XRP Ledger.

Securitize’s tokenized stock value halves as Circle widens lead
SECZ’s onchain market cap fell to $208.6 million as Circle-linked tokens reached a combined $383.6 million across several issuers in the $3.3 billion tokenized equities market.

Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report
As of Friday, 22 companies had filed objections as part of the joint venture’s proposed tokenized stock platform under the SEC’s innovation exemption.

SEC flags tokenization as high-risk area in 2027 market examinations
The SEC’s latest priorities highlight tokenization as an emerging market risk, while cryptocurrencies remain absent as a standalone examination category.

Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits.

Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform
About 25% of the US-listed companies in OKXICE’s initial tokenized stock platform proposal are asking to opt-out of the venture.

Public companies object to OKX-ICE’s tokenized stock plan
Nine public companies objected to having their shares offered in tokenized form by OKX and ICE, testing whether platforms can create blockchain-based markets without issuer consent.

Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
Tokenized stocks are drawing trading activity beyond Wall Street hours, while Bitcoin miners confront costly AI expansion and new accounting rules could benefit stablecoins.

Most tokenized stock trading on Solana, BNB Chain occurs outside US market hours
Tokenized equities have reached nearly $3.3 billion in value as investors embrace round-the-clock access beyond Wall Street hours.

IMF warns tokenized markets could amplify financial risks
The global financial institution found tokenized equity markets less liquid and more volatile than traditional markets, despite growing demand for 24/7 trading.

‘No going back’ for institutions moving toward tokenized onchain future, says Fidelity
Tokenization offers structural advantages to financial institutions and helps asset managers reach new markets, according to Fidelity’s head of digital asset strategists.

Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
The agreement will explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets as Kazakhstan expands its digital asset industry.

Securitize stock jumps 8% amid South Korea tokenization push
The LG CNS partnership gives Securitize a foothold as the Seoul prepares new rules for tokenized stocks, bonds and funds beginning in February 2027.

OKX, NYSE parent file to launch tokenized US stock platform
The stock trading platform seeks to offer tokenized shares in more than 60 US-listed companies under the SEC’s recently introduced innovation exemption.

71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance.

BNB Chain crosses $1B in tokenized stocks, ETFs as market hits $3.7B
Tokenized stocks and ETFs on BNB Chain reached $1.1 billion as the broader market climbed to $3.7 billion, putting the network’s share at roughly 30%.

South Korea advances tokenized securities rules ahead of 2027 rollout
South Korea’s financial regulator proposed detailed rules for tokenized securities, including capital requirements, OTC trading licenses and retail investment limits.

Tokenized assets don’t always mirror traditional markets, Dune finds
Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion.

Base completes Cobalt upgrade, adds new tools for tokenized assets
Base’s Cobalt lets traders set transaction conditions while giving issuers tools for compliance checks, stock splits and forced token transfers.

Kakaopay partners with Dinari, Ondo to explore tokenized Korean stocks
Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed equities and expanding their availability to investors in international markets.

Bybit accepts Franklin Templeton tokenized funds as trading collateral
Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody.

Crypto Biz: Wall Street and crypto fight for the same turf
Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs.

IBM opens beta Swift ledger link for 24/7 tokenized deposits
IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes.
SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment
The SEC is taking a significant step forward, within its statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks.
Venezuela’s sanctions are stablecoins’ proof of concept
Banned from the dollar system, the country uses digital dollars instead
Canton’s $6T RWA rails and Lighter’s Hyperliquid multiple
DTCC moves DTC-custodied Treasuries onchain via Canton, while Lighter’s LIT launches trading at a fees multiple in Hyperliquid territory
Dollar dominance can’t be manufactured
Stablecoins are no substitute for what makes the dollar dominant
ETFs flash a bid, HumidiFi tokenizes
BTC leads a broad crypto bid as ETFs post their strongest inflow in weeks
Rangebound markets, resilient onchain lending
Crypto lags behind TradFi benchmarks, but trends in stablecoins, deposits and loans point to durable multi-year growth