Tokenization
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement.
Ondo Finance weighs acquisition worth up to $500 million
The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.
The traditional 9-to-5 banking day is officially dying, says Morgan Stanley execs
Tokenization and 24/7 markets are reshaping finance, making always-on banking a reality.
BNY targets $8.6 trillion transfer agency market on blockchain rails
The world’s largest custodian will keep its existing system while adding a digital ownership record for tokenized funds.
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recently-launched perpetual futures platform and will eventually support trading across onchain financial assets.
Securitize builds Wall Street credentials with SEC adviser license as tokenization expands
The license broadens the BlackRock tokenization partner's offering as regulators weigh rules for onchain investment products.
South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices, another sign blockchain rails are moving deeper into corporate finance.
Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
Main Street, which faces the most significant climate-related financial risk, currently lacks an avenue to hedge weather-related risks, argues CoinDesk’s Omkar Godbole.
Brazilian farmers tokenized dairy cows to get loans, bypassing bank lending limits
Smart collars monitor herd health in real time to prevent fraud, allowing local agricultural businesses to secure thousands in funding backed by livestock.
