Tokenization

Tokenization

Finance

Citi exec says tokenized finance has bright future, but acknowledges challenges

Tokenized money efforts face limits as corporate clients demand real-time payments that work seamlessly across banks, Citi’s Ryan Rugg said at Consensus in Miami.

Ryan Rugg, Head of Digital Assets, Treasury and Trade Solutions at Citi at Consensus Miami (CoinDesk)

Finance

Tokenization won't disrupt banking rails but improve them, Wall Street executives say

Executives from Citigroup, JPMorgan and DTCC said at Consensus that genuine client demand is driving real-world use of tokenized assets.

Kara Kennedy, Global Head of Market Development of J.P. Morgan (left), Nadine Chakar, Global Head of Digital Assets of DTCC (center) and Evan Auyang, Group President of Animoca Brands speak at Consensus 2026 in Miami (CoinDesk)

Markets

Wall Street warns human-built markets can’t keep up with machine-speed trading

Legacy financial systems face pressure as tokenization and real-time trading push markets toward always-on, automated infrastructure, panelists at Consensus in Miami said on Tuesday.

Consensus Miami 2026

Finance

Coinbase taps Centrifuge as preferred tokenization backbone, takes equity stake

The partnership includes a strategic investment by Coinbase and is focused on expanding tokenized ETFs, credit, and structured products. 

Coinbase (appshunter.io/Unsplash)

Markets

State Street and Galaxy launch tokenized fund to bring cash management onchain

The fund lets institutions earn yield on stablecoins while moving cash onchain with round-the-clock access.

State Street, State Street Corporation

Finance

Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure

The deal brings a regulated transfer agent into the Bullish stack, expanding the firm's end-to-end tokenization capabilities.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Finance

Wall Street giant DTCC plans tokenized securities platform with July pilot, October launch

Clearing giant's move toward live tokenization market adds weight to Wall Street's blockchain push.

DTCC (CoinDesk Archives)

Finance

Coinbase's asset manager to offer stablecoin credit fund with tokenized share class

The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors.

Coinbase (appshunter.io/Unsplash)

Finance

JPMorgan hires former Goldman Sachs exec for Kinexys. Here is why he believes tokenization is only half the battle

JPMorgan’s new crypto head Oliver Harris has previously warned that tokenizing assets isn't a magic fix for liquidity, but believes the technology is finally ready to "rip out" and replace the financial industry's legacy back end.

CoinDesk

CoinDesk News

Stellar’s CMO says crypto must ditch hype and “get rich slow” to win mainstream trust

Stellar’s new marketing chief says crypto’s future hinges on long-term value creation, not hype cycles or technical jargon.

Jason Karsh