Tether Partners with DMCC for Dubai Tokenization
Tether signed a non-binding MoU with DMCC to explore USDT payment pilots and RWA tokenization through the DMCC Crypto Centre. #Update #Crypto $USDT
tokenization
Stablecoin Race Heats Up State Street Launches Fund
State Street launches SSCXX money market fund with $121M AUM and 3.51% yield, enabled by the GENIUS Act. Anchorage Digital joins as seed investor. #Update #Finance
Coinbase Launches Onchain Shares and Dividends
@Coinbase plans to launch tokenized stocks backed one-for-one by U.S. equities, enabling onchain ownership and dividends, differentiating from existing derivative-based offerings. #Update #Crypto $COIN
Stablecoin Reserves Surge with New Fund Launch
@StateStreet launched the Stablecoin Reserves Money Market Fund, targeting stablecoin issuers as asset management competition intensifies. Initial investors include State Street Bank and Anchorage Digital. #Update #Crypto $USDC
Bybit Launches RWA Earn with PIMCO
Plume and Bybit launched RWA Earn, offering tokenized fixed-income products via stablecoins, expanding access to institutional bond yields. #Update #Crypto
SEC Approves Tokenization Framework for Growth
SEC Commissioner Hester Peirce indicated that the SEC can utilize its exemptive authority for tokenized securities without formal rulemaking, as interim measures may lack full regulatory force. #Update #Crypto $BTC
Tokenization Surges as Blockchain and AI Converge
@Ondo’s executive highlights that tokenization is rapidly evolving, similar to the $20 trillion ETF market, and envisions AI-driven financial services with real-time asset management. #Update #Crypto $BTC
SpaceX IPO Launches New Stock Tokenization Debate
One source revealed that @xStocks and partners secured over $1 billion in orders, but many were unfilled, impacting platforms like @Binance and @Kraken; demand for tokenized SpaceX stock exceeded supply. #Update #Crypto $SPCXx
Bitcoin Drives Venezuela’s Tokenization Rebuild
Bitfinex highlights tokenization as a potential boost for Venezuelan firms to raise $50M+, despite limited market listings, emphasizing compliance and regulation needs. #Update #Crypto
Kraken Launches USDCx on Canton Network
Kraken now supports USDCx deposits and withdrawals on the Canton Network, enhancing stablecoin infrastructure for institutional finance. USDCx is backed 1:1 by USDC in Circle’s xReserve. #Update #Crypto $USDC
Citigroup Launches Tokenized Trading for Elite
Citigroup launches tokenized depositary receipts for private shares, targeting firms like SpaceX. U.S. expansion planned after foreign rollout. #Update #Finance
Binance Launches Circle Nvidia Equity Tokens
Binance launches Bstocks for 24/7 fractional trading of U.S. equities, backed 1:1 by Nest Trading. Initial listings include Circle, Nvidia, and Tesla. #Update #Crypto
Ethereum Powers Citi’s Tokenized Shares Access
Citi launches tokenized Kaleido DDRs for non-U.S. investors on SDX, planning U.S. access post-2026 rollout. #Update #Finance
Citi Launches Tokenized Share Offering in Private Markets
@Citigroup launches Digital Depositary Receipts, enabling blockchain-based investments in private companies, enhancing access for investors as demand for private assets grows. #Update #Crypto $BTC