Neutrl's haircut traces to disclosed liquid assets and Strata's waterfall is executing as written. The unpublished sNUSD conversion and the stale $1 screen are the two numbers no one in this stack can price.
September 18
Coinbase's non-US stock tokens can now be pledged for dollars on Base, but $54,652 in borrowing and a single curator show how much of the market is still missing.
Sep 18
Two of the larger managers in tokenized government paper have now plugged into the same app, and the reserve share neither firm named is what sizes the deal.
Sep 18
Fortune's new category concedes what crypto spent a decade refusing to concede, and that concession is what institutions will pay for.
Sep 18
A five-year exemption opens AMM trading for real tokenized shares while the 30-day issuer notice and the synthetic exclusion decide which firms actually collect.
September 17
Maven 11 leads an undisclosed round for infrastructure designed to let asset-backed exposures change hands before the loans beneath them repay.
September 17
The first tokenization participant on a network that predates the current debate buys distribution reach no chain replicates, with no fund, distributor, or launch date attached.
September 16
The $40 million beta launch moves commodity carry off dealer balance sheets and into a token, where counterparty credit is the hard part.
September 16
Aave Labs' plan to let institutions borrow in USA₮ against tokenized collateral on Avalanche rests on a DAO proposal that has not been posted and on collateral that has not arrived.
September 16
Circle's founding validators are the moat, and the 21-bank dollar stablecoin of 2027 is where the argument gets scored.
September 16
A Manhattan headquarters and a finance bench answer the easy half of the business; the match between PRIME deposits and borrowers is the harder one.
September 15
The widest retail shelf for tokenized equities now belongs to a group that issues the product sitting on it.
September 15
The 2% APY on SPYx and QQQx comes from a leveraged credit strategy behind an exchange interface, and the disclosed loss-sharing reaches the depositor's principal.
September 14
A $5 million wrapper around listed business development companies, with a token contract that has moved nothing, puts the 1.25% fee on trial.
September 10
U.S. Bank's live cross-border pilot in its own dollar token shows banks will use public rails as long as the issuer keeps the ability to stop a transfer.
September 10
If the tokens are Robinhood Assets debt referencing AMC, issuer consent may be beside the point—but so are shareholder votes.
September 9
The venture interval fund's application seeks a ledger-recorded share class and leaves the distributed ledger itself out of the requested relief.
September 8
The state-owned lender's ₹5 billion placement found eager institutional buyers, but whether the token itself mattered remains the open question.
September 8
The Sept. 5 Singapore–New York payment is the ledger's second live use, stretching tokenized deposits past standard banking hours while final settlement stays on existing systems.
September 8
The London Stock Exchange's planned listing of Payward's xStocks would put the 100 largest London-listed companies on a 24/5 venue as loan notes, with the shares parked in a Jersey vehicle.
September 1
Securitize's HINC fund is now borrowable on Loopscale, pushing tokenized lending beyond Treasuries and into marks that can fall.
September 1
A $2 million RWA-backed lending pool shows why tokenization's next fight is over collateral, not issuance.
August 28
A Malaysian pilot pairs tokenized securities with tokenized deposits, testing the settlement model bank-owned rails are betting on.
August 27
The card network is positioning itself as the settlement switchboard for regulated stablecoins in Singapore and Korea.
August 26
The alliance wants community and regional banks to own the tokenized settlement network they rely on; the ownership terms are still unpriced.
August 26
Bridge holds the license and the reserves; Revolut's 75 million customers are the real product.
August 26
The exchange's yield-bearing digital security turns idle margin into an earning asset and pressures zero-yield stablecoin collateral.
August 25
Automated Token Portfolios put the model in Glider's hands and the token in the investor's wallet, leaving Coinbase's ADGM-licensed issuer as the anchor.
August 25
Circle targets Sept. 16 to open Arc's production blockchain to any user; eleven founding institutions will still control block production. Half a billion test transactions measure capacity, not trust.
August 21
The outage on a chain carrying Securitize's validator seat shows settlement risk is still the weak point in the tokenization story.
August 21
Swift's ledger matched and netted the banks' obligations; final settlement still ran on existing systems.
August 20
The XTX counterpoint concedes the mechanism; who gets to provide liquidity decides whether tokenized equities matter.
August 19
The ADGM license lets Coinbase arrange deals and hold digital assets, with investors keeping tokenized shares in wallets instead of brokerage accounts.
August 19
A week after the SEC shelved its innovation exemption, Tenev makes a market-structure case for tokenized equities at home.
August 19
A live transfer between HSBC and Standard Chartered shows how tokenized deposits can move across banks on Swift's blockchain.
August 19
The HKMA-licensed stablecoin's beta pairs strict holder-identification rules with institutional distribution; tokenized settlement is the aim.
August 18
A unified-ledger experiment backed by seven central banks moves from design to live testing with the private sector.
August 18
The first public report since Securitize listed shows tokenized assets at a record even as tokenization fees shrink and the net loss widens.
August 18
Hong Kong's first regulated stablecoin moves into beta with institutions, testing an identity-first compliance model.
August 18
Siemens is the first client to move euros on the bank's tokenized rail, which still settles only inside JPMorgan.
August 18