Tokenization

Tokenization

Finance

Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption

Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between OKX and NYSE parent ICE.

Perpetuals.com Group CEO Patrick Gruhn (Perpetuals, modified by CoinDesk)

Finance

BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing

The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing.

BNY office (BNY/Press)

Finance

Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares

The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.

Skyline view of Pittsburgh, PA (Venti Views/Unsplash)

Finance

Tokenized catastrophe bonds target the disaster-insurance gap

A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure.

Flooding. Natural disasters. Catastrophe. (Chris Gallagher/Unsplash)

Finance

IMF finds demand for tokenized stocks, says the market is still volatile, illiquid

Investors are using blockchain-based shares for smaller and after-hours trades. The IMF says liquidity, legal rules and settlement systems have not caught up.

IMF headquarters Washington, D.C. (Henrik Gschwindt de Gyor/IMF)

Finance

Tokenized commodities look beyond gold as lending and oil open new markets

Paxos Labs, Theo and Energy Substantiation execs see growth coming from putting physical assets to work, with precious metals leading and energy presenting a tougher test.

(itti ratanakiranaworn/Shutterstock)

Markets

Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says

The research firm sees tokenized stocks, bonds and loans creating new markets for trading and lending, with fee-generating platforms and companies poised to benefit.

Wall street signs (Lo Lo/Unsplash)

Finance

Cardano Foundation spins out Veridian, tokenizes its shares on new standard

Veridian became the first company to use Cardano’s new programmable-token standard for its equity, though the tokenized shares are not being offered to the public.

Frederik Gregaard, the Cardano Foundation’s CEO and Veridian’s chair (Cardano Foundation/Press)

Finance

Securitize brings Apple, Nvidia and Tesla to Solana, with NYSE trading in the works

Tokenized shares in the mega-caps will first trade on Securitize's Solana-based platform, with further plans to expand them to NYSE and OKXICE digital venues, the firm said.

Securitize's Carlos Domingo (CoinDesk)

Finance

NUVA brings U.S. residential mortgage credit to offshore investors

The company's HOME token gives eligible investors exposure to a vault of U.S. home equity lines of credit starting from 1 USDC and targets a 7% annual yield.

A 50-euro note inside a model house. (Jakub Żerdzicki/Unsplash)