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...
Financial Conduct Authority (FCA) releases framework for fund tokenisation, signalling path towards FULLY ONCHAIN fund operating models. Key takeaways...
Citi's Shahmir Khaliq, Head of Services (one of Citi's 5 business lines) lays out the North Star for Citi’s digital asset strategy in payments. Key takeaways:
HSBC Global Payments Solutions (GPS), the global product line that provides payments, cash management, liquidity, and treasury infrastructure to institutional clients, has successfully completed a pilot simulating the issuance, transfer and atomic settlement of its Tokenised Deposit Service (TDS) on the Canton Network.
Mitsubishi Corporation is set to leverage blockchain-based tokenized deposits from JPMorgan to enable instant, cross-border fund transfers. Following successful pilot transactions using JPMorgan’s Blockchain Deposit Account, full-scale rollout is expected as early as fiscal 2026.
Five US banks are working with the Cari Network, a blockchain-based platform led by former US Comptroller of the Currency Gene Ludwig to launch a shared tokenized bank deposit network.
With trillions of dollars transferred annually, tokenized money is the undisputed leader in tokenization adoption—dominating the digital asset space far beyond traditional banking while proving its superiority vs the traditional settlement rail.