tokenization

According to The Block, Securitize announced the launch of Hamilton Lane's Senior Credit Opportunities Fund (HLSCOPE) on the TRON blockchain through its compliant tokenization structure, becoming the first Securitize asset issued on TRON. HLSCOPE provides qualified investors with on-chain exposure to Hamilton Lane's opportunity senior credit perpetual fund, relying on TRON's over 383 million accounts, approximately 90 billion dollars in circulating stablecoins, and high-frequency settlement network.

According to the latest weekly report from Gate Ventures, macroeconomic and regulatory factors continued to dominate market sentiment over the past week.U.S. stock indices rose across the board, with the Nasdaq index leading with a 1.19% increase. The U.S. dollar index weakened to 98.942, reflecting a repricing of investor expectations regarding monetary policy. Although BTC and ETH ETFs recorded net outflows of approximately $1.42 billion and $240 million respectively, putting overall pressure on the crypto market, the process of institutionalization is still accelerating.On the industry front, asset tokenization and institutional applications became market highlights, with the regulatory framework continuing to improve. Stellar collaborated with DTCC to promote the implementation of asset tokenization, driving XLM to rise 83% in a single week; the U.S. Commodity Futures Trading Commission (CFTC) issued guidance on regulated cryptocurrency perpetual futures trading; Paxos became the first native crypto company to obtain SEC clearing agency status.In terms of investment and financing, a total of 7 financing transactions were completed last week, with a disclosed total financing amount of $521 million. Among them, Samsung invested $408 million in Dunamu, further reflecting traditional financial institutions' long-term optimism about digital asset infrastructure.

In the latest report titled "Tokenization 2030: Wall Street On-Chain" released by Citigroup, it is estimated that the market size for tokenization of real-world assets (RWA) will grow from the current approximately $17 billion to $5.5 trillion by 2030. Depending on different adoption speed scenarios, the market size range may be between $2.7 trillion and $8.2 trillion.The report predicts that by 2030, approximately 10% of the U.S. short-term treasury market and 3% of the public equity market will be tokenized. At the same time, the expansion of the stablecoin market may bring about $1 trillion in new demand for U.S. treasuries; if 10% of U.S. retail investors shift to digital trading platforms, it is expected to create approximately $2.6 trillion in digital equity demand.Citigroup believes that as traditional financial assets gradually move on-chain, tokenization is expected to become an important bridge connecting Wall Street with blockchain infrastructure and drive the digital transformation of global capital markets.

According to CoinDesk, Wall Street investment bank Jefferies stated that as institutional investors accelerate their shift towards blockchain financial infrastructure, the cryptocurrency and blockchain sector may see a new wave of IPOs in the next two years, potentially forming a public market worth $1 trillion within five years.Jefferies released a report indicating that the current industry focus is shifting from speculation on cryptocurrency asset prices to the comprehensive integration of blockchain infrastructure by banks, exchanges, asset management, and payment institutions. Companies like Kraken's parent company Payward and Securitize are advancing their IPO plans, and more crypto-related companies are expected to enter the public market in the future.Tokenization is seen as a key driving force behind this structural change, with money market funds, private credit, and on-chain settlement systems already entering the practical implementation stage. The gradual clarification of the regulatory environment will further accelerate institutional adoption. At this stage, the market is shifting from short-term speculation to long-term technological reassessment, and crypto IPOs may become an important gateway connecting traditional capital markets with the on-chain economy.

According to CoinDesk, the latest research from Project Agorá, led by the Bank for International Settlements (BIS), shows that tokenization technology is expected to significantly improve settlement speed and reconciliation efficiency in cross-border payments, while reducing transaction failures and operational risks.The project involves BIS collaborating with seven central banks and over 40 financial institutions, including the New York Fed, Bank of England, Bank of Japan, and Swiss National Bank. The research suggests that tokenizing central bank reserves and commercial bank deposits can support "atomic settlement" across currencies and jurisdictions, allowing transactions to "either complete simultaneously or fail simultaneously," thereby reducing the credit and execution risks commonly associated with cross-border payments.Currently, Project Agorá has completed the simulation testing phase and plans to enter the "real-value" trading testing phase to explore on-chain settlement applications for certain currencies and institutions in a real funds environment.

The Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation announced a partnership to implement DTC custody asset tokenization services on the Stellar network, with related assets scheduled to officially launch in the first half of 2027.DTCC had already received a no-action letter from the U.S. SEC in December 2025, allowing it to engage in real-world asset tokenization business. The two parties will focus on advancing the on-chain conversion of highly liquid assets such as Russell 1000 constituents, mainstream index ETFs, U.S. Treasury bonds, and various types of bonds.This collaboration relies on the Stellar network to build a compliant on-chain channel, marking an important advancement for traditional financial infrastructure to embrace blockchain, and will further broaden the application scenarios for real-world asset tokenization.

According to CoinDesk, Solana's decentralized exchange Orca has launched a "permissioned pool" infrastructure aimed at tokenized trading of physical assets with high compliance requirements. The first participant is the commodity tokenization company Streamex, whose gold-linked security GLDY will become the first compliant token traded in this system.Orca stated that this mechanism is primarily aimed at the U.S. market, allowing only qualified investors who have passed KYC verification to buy, sell, and hold the relevant tokens. Issuers can customize access rules, which will be automatically enforced by the on-chain system. The permissioned pool operates on top of Orca's existing liquidity infrastructure, and the interface will indicate whether assets are restricted and whether users are eligible to trade.

Bitmine Chairman Tom Lee stated that he remains optimistic about the cryptocurrency market entering a new super cycle and believes that Ethereum will become a core beneficiary asset. Tom Lee pointed out that the two main driving forces of this cycle are asset tokenization driven by Wall Street and the rapid development of AI Agents.He stated, "We continue to expect that the cryptocurrency market and Ethereum will usher in a super cycle." Additionally, Tom Lee believes that the significant correction of Ethereum previously has provided an attractive buying opportunity. Currently, the staking scale within the Ethereum ecosystem continues to rise, with over 39.2 million ETH staked, accounting for about 32% of the total supply.According to market news, Bitmine increased its holdings by a total of 111,942 ETH last week, with its ETH holdings accounting for approximately 4.47% of the total supply of 120.7 million ETH.

Bitget announced the launch of a licensed financial protocol called Reality, focused on the tokenization of real-world assets (RWA). The issued tokenized stocks (rTokens) are strictly pegged 1:1 to the underlying U.S. stocks, with assets held by a FINRA-registered, SIPC-protected U.S. brokerage, and real-time reserve proof provided through third-party independent audits. By directly accessing liquidity pools of U.S. stocks such as Nasdaq and NYSE, Reality's stock tokens can achieve liquidity on par with traditional brokers; at the same time, stock dividends will be distributed to user accounts in token form 1:1, while cash dividends will be automatically converted and issued as USDT. Stock splits and mergers will also be reflected in real-time on-chain tokens, closely aligning with the experience of holding U.S. stocks.In addition, the U.S. stock tokens launched by Reality are deeply integrated into the Bitget ecosystem, serving as margin for unified accounts and compatible with core product lines such as grid trading, signal following systems, and staking and lending.Bitget CEO Gracy Chen previously proposed the "10% vision": currently, tokenized stocks account for only 0.1% of the $125 trillion global stock market, and she predicts that this proportion will rise to nearly 10% by 2030. Reality is built on this trend, initially focusing on U.S. stocks, with plans to expand asset classes in the future, promoting Bitget's UEX strategy to extend to a broader global financial asset access layer.

According to the official announcement, Binance Wallet has launched a new feature called EventRush, allowing users to trade tokens representing the outcomes of real-world events such as sports events, cryptocurrency price targets, or news.This feature is supported by the 42.space protocol on the BNB Chain, allowing users to purchase event tokens using USDT on BSC, and they can sell or hold until settlement at any time before the event ends. Winners can share the entire prize pool with no limit on earnings. A service fee is required for each transaction, and a redemption tax must be paid when selling.This feature is available to all verified Binance Wallet users, although it may not be accessible in certain restricted regions.

Coinbase CEO Brian Armstrong posted on X, listing eight areas of the current financial system that still need updates: 1. Tokenization of real-world assets, bringing assets like real estate, stocks, and bonds on-chain for instant settlement and fractional ownership; 2. 24/7 global trading, aggregating global liquidity to enhance capital efficiency; 3. Next-generation payments, using stablecoins for near-instant, low-cost global transfers, including AI agent payments; 4. AI-driven risk, credit, compliance, and consulting, providing everyone access to quality financial advisory services; 5. Innovation-friendly regulation, shifting from a one-size-fits-all approach to risk-based rules; 6. Expanding access, allowing all smartphone users to participate through open protocols and self-custody wallets; 7. Capital formation, lowering the barriers for financing any good ideas; 8. Sound money, providing a safe haven against inflation when fiat currency discipline is lost.Armstrong stated that achieving these goals requires significant technological innovation and policy support.

Tiger Research's Research Director Ryan Yoon stated that the U.S. Securities and Exchange Commission (SEC) is preparing to launch an "innovation exemption" framework that allows third parties to tokenize listed stocks without the issuer's approval.Ryan Yoon warned that this move could cause two major structural shocks to traditional exchanges: first, liquidity fragmentation, as funds will disperse from centralized exchanges to multiple blockchain platforms; second, revenue fragmentation, as trading fees and intermediary income may flow to overseas or competing platforms, threatening the competitiveness of U.S. finance.He believes that traditional exchanges are like monopolistic superstores, while tokenized stocks are akin to allowing anyone to set up a street stall, which will significantly change the concentration of capital markets. The SEC is advancing this framework at this time to keep global financial income within the domestic regulatory scope.

According to official news, Circle CEO Jeremy Allaire stated in a social media post that cirBTC is about to launch. Circle Wrapped Bitcoin (abbreviated as cirBTC) is a tokenized BTC that is 1:1 backed by native Bitcoin (BTC), issued by Circle on the Ethereum mainnet and Arc network.Each cirBTC is supported by a reserve of 1:1 native BTC, which is held in custody by a regulated entity under the Circle group.

According to Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission, in a post on the X platform, there is an overinterpretation of the proposed "innovation exemption" for on-chain trading of tokenized national market system stocks. Peirce stated that she has always expected the scope of this exemption to be limited, restricted to the trading of digital representations of the same underlying equity securities that investors can currently purchase in the secondary market, rather than trading of synthetic securities.Bloomberg ETF analyst Eric Balchunas commented that he is not surprised by the expectations surrounding tokenization and maintains his view: what tokenization can achieve (at least in the short term) is merely the distribution of stocks and ETFs to on-chain users, serving more as a distribution channel for ETFs rather than a disruptive force.

The asset tokenization platform Securitize is advancing its business merger with the Nasdaq-listed SPAC Cantor Equity Partners II (CEPT) and plans to use this to list on Nasdaq. Securitize founder and CEO Carlos Domingo stated that the company has achieved profitability in the asset tokenization field by establishing partnerships with multiple financial institutions and will leverage the SPAC transaction to accelerate expansion, issuing and trading more assets in digital token form beyond stablecoins.