RWA

Ripple has received final approval from the U.S. Office of the Comptroller of the Currency to establish a federally supervised national trust bank, marking a major expansion of the crypto company’s regulated financial infrastructure in the United States. The October 26 approval completes a process that began when the OCC granted preliminary conditional approval in […]

The U.S. Securities and Exchange Commission has identified tokenization, advanced technology, cybersecurity and changes to financial-market infrastructure among the areas that will receive heightened attention from examiners in fiscal 2027. The SEC‘s Division of Examinations published its Fiscal Year 2027 examination priorities on October 23, outlining the risks and market developments that will guide its […]

Tokenized U.S. Treasuries bring one of the world’s largest traditional financial markets onto blockchain infrastructure. Instead of changing the economics of government debt, tokenization changes how exposure to Treasury securities can be issued, recorded, transferred and potentially used across digital financial markets. But a “tokenized Treasury” does not always mean that an investor directly owns […]

J.P. Morgan Asset Management has expanded its blockchain strategy by bringing two tokenized money market funds to Solana, giving qualified U.S. investors access to institutional cash-management products represented on a public blockchain. The asset manager announced on October 22 that its My OnChain Net Yield Fund (MONY) and JPMorgan OnChain Liquidity–Token Money Market Fund (JLTXX) […]

Asset tokenization is the process of representing ownership rights, claims or interests in an asset as digital tokens on a blockchain or other distributed ledger. Stocks, bonds, investment funds, real estate and other assets can potentially be represented in tokenized form. The concept is an important part of the growing real-world asset (RWA) market because […]

VersaBank has moved its blockchain-based deposit strategy into the commercial phase in the United States, preparing to issue VUSD through its U.S. banking subsidiary as a digital representation of a conventional bank deposit. The October 15 announcement marks an important transition from pilot testing to commercialization for the Canada-based digital bank. VersaBank describes VUSD as […]

Ripple has partnered with South Korea’s Meritz Securities to explore institutional digital-asset custody and tokenization, extending Ripple’s infrastructure deeper into one of Asia’s most active financial markets. Announced on October 14, the strategic partnership will examine how Ripple Custody and Ripple’s tokenization infrastructure could be integrated into Korea’s capital markets. The companies plan to begin […]

Morgan Stanley is preparing for a financial system in which stocks, private funds and other traditional investments increasingly move onchain, with the bank’s digital asset strategy chief saying the tokenized real-world asset market could reach between $3 trillion and $10 trillion by 2030. Amy Oldenburg, Morgan Stanley’s Head of Digital Asset Strategy, told The Block […]

Nasdaq CEO Adena Friedman says blockchain-based financial infrastructure could release tens of billions of dollars currently tied up as collateral, as traditional markets move toward tokenized assets and potentially round-the-clock trading. Speaking to CNBC’s Joanna Ossinger at TOKEN2049 in Singapore, Friedman pointed to U.S. Treasurys, equities and money market funds as assets that could become […]