Tokenization

Tokenization

Finance

BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail

In his annual letter, BlackRock CEO Larry Fink argues that digital wallets and tokenized assets could modernize markets and expand investor access.

BlackRock CEO Larry Fink

Finance

Nasdaq winning SEC approval to move stocks onchain shows how Wall Street is taking charge of crypto tech

Nasdaq's structure the SEC approved opens door to bring blockchain benefits to equities, while preserving the same-old intermediaries and market structure, industry insiders say.

The Nasdaq Marketsite in New York City (Getty Images)

Finance

Coinbase's bitcoin yield fund goes onchain with Apex's tokenization push

The Coinbase Bitcoin Yield Fund's tokenized share class runs on Base as the $3.5 trillion fund services giant Apex applies tokenization across its business.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

Markets

Forget market hours: Leading ETP firm just opened 24/7 liquidity for tokenized stocks, gold and money market funds

ETP market giant Flow Traders just launched 24/7 over-the-counter (OTC) liquidity service for tokenized assets.

crypto, numbers, data

Policy

SEC approves Nasdaq's move to support tokenized securities trading

The SEC’s approval lets Nasdaq test blockchain-based versions of stocks that trade and settle like traditional shares.

Nasdaq sign on a building

Finance

Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain

The race for the "everything exchange" makes Wall Street operators and crypto exchanges rivals and partners at the same time.

Nasdaq sign on a building

Finance

Crypto broker Bitpanda bets on banks and tokenization to expand globally ahead of IPO plans

The Vienna-based crypto broker eyes emerging markets, teaming up with institutions rather than competing with local exchanges, said Vishal Sacheendran, VP of global markets strategy and operations.

Vishal Sacheendran, Bitpanda's vice president of global markets strategy and operations (Bitpanda)

Markets

Oil veteran is putting the $6 trillion crude market on blockchain

LITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and redemption.

CoinDesk

Finance

European Central Bank unveils tokenized finance plan to bolster EU's financial autonomy

The Appia roadmap for a euro-based tokenized financial system is part of the European Union’s push to reduce reliance on foreign financial infrastructure.

ECB headquarters Germany. (Photo: Thomas Wolf-Wikimedia Commons/Modified by CoinDesk)

Finance

Kraken's tokenized stock venue starts points program, hinting at possible ecosystem token

The initiative will reward trading and DeFi use of tokenized stocks as the sector tops $1 billion and gains traction with major exchanges.

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)