Tokenization

Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion
The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.

Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
The company has previously cleared or held in custody roughly 94% of tokenized U.S. equities and now holds over $1.5 billion in underlying stocks.

DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
DTCC's first live production trades using tokenized securities show how blockchain could reshape the infrastructure behind Wall Street.

U.S., UK move to align rules for tokenized finance across world's largest financial markets
The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.

For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.

UK Treasury report on tokenization cites Ripple as convergence model
A Treasury-backed report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been building on.

Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.

SBI Holdings' blockchain initiative pivots to Solana for tokenization, stablecoin issuance
The SBI Solana Global joint venture now includes the Solana Foundation, the Swiss organization that oversees the layer-1 network.

BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce
The 54 firm-strong group, which is backed by the City of London Corporation, will spend the next year working on live tokenisation use cases across UK financial markets.

Dinari, tZERO join forces on turnkey platform for tokenized U.S. equities
The move comes as firms race to build the infrastructure for blockchain-based stocks and debate how tokenized stocks should work.

