Tokenization

UK Treasury report on tokenization cites Ripple as convergence model
A Treasury-backed report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been building on.

Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.

SBI Holdings' blockchain initiative pivots to Solana for tokenization, stablecoin issuance
The SBI Solana Global joint venture now includes the Solana Foundation, the Swiss organization that oversees the layer-1 network.

BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce
The 54 firm-strong group, which is backed by the City of London Corporation, will spend the next year working on live tokenisation use cases across UK financial markets.

Dinari, tZERO join forces on turnkey platform for tokenized U.S. equities
The move comes as firms race to build the infrastructure for blockchain-based stocks and debate how tokenized stocks should work.

BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
The decline fits into a pattern of recently-public digital asset companies sliding after debut, Arca's Jeff Dorman said.

SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion.

U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows so-called Reg Crypto high on its near-term list.

Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.

Tokenization's next use case is personalized portfolios, NYLIM executive says
Thomas Sy, head of multi-asset solutions at the $800-billion asset manager, says blockchain can enable complex portfolio construction that's not yet possible in traditional finance.

