Morgan Stanley is using DTCC’s Tokenization Service. We examine what is live, what margin and financing workflows require, and where Treasuries and equities could deliver commercial value.

Tokenized assets can move around the clock. This Strategic Edge analysis examines what must happen before that mobility becomes usable institutional collateral.

Chainlink’s 24/7 pricing and Aave Horizon adoption address weekend collateral valuation. Hanwha’s partnership highlights the next opportunity: financing tokenized assets.

How crypto vaults are evolving from DeFi lending pools into capital allocation and securities financing infrastructure—and what institutions need next.

Issuer objections to OKXICE tokenized stocks reportedly rose from 16 to 21, exposing the commercial challenge facing third-party custodial tokenization.

Sixteen companies have objected to OKX–ICE tokenized stock trading, challenging the commercial viability of third-party custodial tokenization. Meanwhile, bStocks, xStocks and Ondo demonstrate growing demand for alternative models.

How tokenized Treasuries and MMFs could fund 24/7 corporate payments AND why settlement timing and revenue capture determine the economics.

Kraken is evolving from a cryptocurrency exchange into a diversified financial services institution. Its parent company, Payward, is acquiring European bank Saldo Bank, expanding its capabilities across traditional banking, lending and card issuance. Combined with its strategic partnerships in tokenized equities, institutional trading and payments, the acquisition strengthens Kraken's position as one of the most consequential crypto-native businesses preparing for a potential

Tokenized funds dominate AUM. Tokenized equities is all about volume. And tokenized commodities are overwhelmingly a gold market.

OKX’s latest funding round is about more than capital. With ICE, Standard Chartered, Circle and Ripple now strategically aligned with the exchange, OKX is emerging as a potentially important distribution channel for stablecoins, tokenized equities and future onchain financial products.

UK Government has now assembled the core market structure for DIGIT, its first digitally native sovereign bond. With six Joint Lead Managers, HSBC Orion as issuer DSD and LSEG B3 as investor DSD, the pilot is moving from design into execution and could become a major test of interoperable digital securities and cash settlement infrastructure.

NYSE parent ICE and OKX are preparing to launch one of the first large-scale tests of the SEC’s third-party custodial tokenization model for U.S. equities. The structure could help determine which tokenization model scales public stocks onchain the fastest.

Hong Kong’s HK$20 billion digital green bond offering on HSBC Orion reveals what scaling tokenised capital markets requires: bank money that works across institutions, dependable interbank settlement and payment linked to bond delivery. We unpack the infrastructure and what remains before it can operate around the clock.

Equiniti, Alpaca, Bullish, Apex Fintech Solutions and DriveWealth have formed the Issuer Sponsored Token Coalition, bringing together transfer agency, brokerage, clearing, trading and distribution infrastructure to build the next generation of tokenized public equities.

Investing is moving onchain as BlackRock makes three model portfolios available for blockchain distribution in partnership with Ondo Finance...

NYSE’s partnership with Blockchain.com adds an important piece to its emerging tokenized equities strategy: crypto-native distribution. As Nasdaq and NYSE build competing digital market infrastructure, distribution, liquidity and control of the end-user relationship are becoming critical battlegrounds.

The SEC has recognised permissioned AMMs as potential securities-market infrastructure. Uniswap already has much of the technical architecture. The question now is whether it can turn that advantage into a regulated venue, institutional liquidity and value accrual.

Global tokenized asset market grew 290% in last 12 months according to Deutsche Bank Institute. Here are the key trends, signals and what's next...

The US Securities and Exchange Commission (SEC) issues landmark exemption allowing the trading of tokenized stocks. BUT there is a caveat and an unresolved question...

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.