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...

Citi’s live tokenized deposit transactions with FAB and OCBC reveal how institutional digital money could scale across banks. This Strategic Edge note examines Swift’s DLT ledger as the coordination layer, global banks as distribution hubs, and the emerging hub-of-hubs model for interbank payments, liquidity and tokenized asset settlement...

Tokenized money market funds are moving beyond product launches. Stablecoin reserves, embedded distribution, treasury automation and collateral utility will determine which asset managers capture the market’s next wave of growth...

Standard Chartered has disclosed that its tokenised-money activity reached an approximately $11 billion monthly run rate...

Clearstream D7 has processed over €80 billion in digital securities. Discover why its model is scaling capital markets tokenization...

How Citi Custody+ and BitGo reveal the future of digital-asset custody as banks integrate cash, FX, servicing, collateral and tokenized finance...

Crypto exchanges are evolving into multi-asset financial infrastructure. Explore the implications for wealth managers, traditional brokers and neobanks...

Crypto sector generated approximately $78 billion in revenue in 2025, according to ARK Invest’s analysis. Key takeaways...

Tokenized money market funds are evolving from crypto-native Treasury products into institutional cash-management infrastructure...

Explore how JPMorgan, HSBC, UBS, ICBC Standard Bank and Citi could benefit as tokenized gold becomes programmable institutional collateral.

Project Agora just demonstrated digital money interoperability by completing real value transactions using tokenized commercial bank deposits and central bank reserves on shared infrastructure...

Institutional digital money is developing through a new model: global infrastructure supplied by GSIBs and always-on payment services distributed by local banks...

Institutional digital cash is evolving rapidly as tokenized deposits, blockchain-based payments and tokenized securities settlement move into production...

BOE and FCA drop "Future of Tokenization" consultation report. Key takeaways...

BIS Project Agora: tokenized central bank reserves and commercial bank deposits can operate on a shared ledge to upgrade wholesale cross-border payments...

Onchain vaults, or pooled investment vehicles deployed on blockchain rails, have scaled rapidly from $24B AUM in 2023 to $131B in 2026, a 541% increase according to S&P Global...

Digital assets are pushing global markets towards a 24/7, always-on system. Bank of England's latest paper on extending settlement hours is one of the clearest signals yet of where this is heading...

Boston Consulting Group (BCG) drops the Future of Digital Assets report and says tokenized RWAs could reach ~16% of global investable assets by 2035. Key takeaways...