Federal disclosures show more than $13 million in six months of crypto lobbying, with about $5.4 million of it never naming the bill.

One filing would put event contracts inside the swap definition; an interim final rule would remove casino-style gambling products from it.

Firms have five months to apply for permission to operate in the UK, well before the regime takes effect in October 2027.

The depository keeps its own database as the legal record and publishes a blockchain copy that approved banks and companies can reconcile in near real time.

Tokenized real-world assets reached $34.5 billion, and equity tokens at 8% of supply produced 93% of spot volume.

The analytics platform estimates total tokenized real-world asset supply above $34 billion in 2026 and says the value of individual-stock token holdings grew ninefold over the past year.