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...
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.
Nasdaq’s $100M investment in Payward brings traditional market infrastructure closer to crypto distribution. As tokenized equities grow, the deal raises a defining question: will value accrue to the exchanges that list stocks or the platforms that own the investor relationship?
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...
Tokenized stocks are going mainstream as Binance, the world’s largest crypto exchange, partners with Alpaca, one of the sector’s most important infrastructure providers.
Standard Chartered issues $200M digital bond on Euroclear’s D-FMI, showing how capital-markets tokenization can scale by combining DLT-native primary issuance with existing settlement, liquidity and investor infrastructure...
Apex Group has announced its fund servicing role in supporting a onchain-native real estate fund developed in collaboration with Goldman Sachs, LRC Group, Archax, and Ownera...
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...
