Tokenization

Catastrophe bonds may join tokenization rush, with plans for test issuance in 2027
A law firm and a tokenization platform say their proposed structure would give investors legal ownership of cat bonds onchain and could lower the minimum investment.

London Stock Exchange to work with Payward to bring biggest UK stocks onchain
The LSE is working with Kraken owner Payward, the developer of the xStocks tokenized equities framework, to bring top U.K.-listed stocks onchain.

NYSE owner ICE taps tZERO for tokenized securities push, takes stake in firm
The deal adds transfer-agent and settlement infrastructure to ICE's plans for an NYSE-affiliated market for tokenized stocks, tZERO said.

Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure.

Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets
Bain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure.

Bitfinex Securities raises $50 million in push to offer tokenized nickel trading
Bitfinex Securities is preparing to list a new security linked to a Luxembourg-based industrial metals platform built around a $1.6 billion stockpile of high-purity nickel wire.

Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs.

Japan to start stocks and bonds tokenization development plans this year
Japan's regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.

South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month.

LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero's Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
