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.
The Clearing House and Quant are bringing tokenized-deposit interoperability to America's $2 trillion-a-day wholesale payment infrastructure. We examine CHIPS's 26:1 liquidity efficiency, Swift's global connectivity advantage and why Fnality's common settlement asset could reshape institutional payments, securities settlement and collateral mobility.
The OCC has removed its proposed third-party yield presumption, not the issuer yield ban. We examine what that means for rewards, revenue sharing and competition from tokenized bank deposits.
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.
