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.
Visa stablecoin monetization spans card network fees, payment orchestration and issuance infrastructure. With settlement surpassing a $25 billion annualized run rate, we examine where Visa already earns revenue, where new fee pools could emerge, and what remains undisclosed.
Stablecoins Are the Story. Trading Is the Money. Kalshi, one of the two main prediction markets, has reportedly raised $1B+ at a $22B valuation, doubling from $11B just months ago. Backed by Paradigm, Sequoia, a16z, ARK, and now Coatue.
SEC has approved Nasdaq's request to settle Russel 1000, S&P 500 and Nasdaq 100 ETFs in tokenized forms. But this is NOT a disruptive leap toward on-chain markets. This is tokenization without disruption:
S&P Dow Jones Indices said it has licensed the S&P 500 index to Trade[XYZ], a crypto startup that has created some of the most popular perpetual futures contracts on Hyperliquid.
