Nasdaq, NYSE and LSEG are building tokenized stock businesses around different commercial bets. We compare their approaches to shareholder rights, settlement, extended trading and crypto-native distribution and what those choices reveal about the customers they want to reach.
What does 1,000% surge in a single product category signal about the future of exchanges? We unpack the numbers, acquisition strategy and ownership logic behind the Robinhood and Crypto.com partnership and the opportunity to earn beyond crypto trading.
The SEC’s transfer agent proposal could bring blockchain into official securities ownership records. This Strategic Edge note examines what the reforms enable for tokenized securities and digital-asset transfer agents—and what remains unresolved around identity, ledger control, regulatory access and transfer finality...
Revolut and Standard Chartered launched stablecoin initiatives days apart—but their commercial models could not be more different. This analysis compares Revolut’s likely low-margin customer-acquisition playbook with Standard Chartered’s institutional infrastructure strategy.
Bank of England's Megan Greene: "The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits."
BIS Project Agora: tokenized central bank reserves and commercial bank deposits can operate on a shared ledge to upgrade wholesale cross-border payments...