Signals for the Tokenized Economy

Curated news and market intelligence on real-world asset tokenization. Cut through the noise, focus on what matters.

New signals (7D)162
Asset classes10
Stories published3,237
Open RWA jobs19

Latest Intelligence

Ondo partners with BlackRock to develop tokenized Intelligent Portfolios
Infrastructure

Ondo partners with BlackRock to develop tokenized Intelligent Portfolios

Ondo Finance and BlackRock are collaborating to launch seven tokenized model portfolios on September 24, 2026, specifically for non-US investors. These portfolios, categorized into high-income, diversified growth, and high-growth themes, represent baskets of traditional assets including stocks, bonds, and Bitcoin ETFs. By tokenizing these baskets, the initiative allows investors to hold positions on-chain, enabling 24/7 trading, instant settlement, and the ability to use tokens as collateral for borrowing. This development marks a significant evolution from single-security tokenization, such as the previous efforts involving BlackRock’s IVV ETF and Micron Technology shares. The system automates the purchase of underlying ETF shares while providing investors with a productive digital token. With BlackRock’s model portfolio business managing $9.8 trillion in assets as of June 2026, this partnership signals a major shift toward integrating mainstream asset management with blockchain infrastructure. The project highlights the technical complexity of managing on-chain rebalancing and multi-asset tracking, while also navigating the current regulatory landscape that restricts these offerings to non-US participants.

cryptobriefing.com·Sep 24, 20269.0
Nasdaq Eyes Always-On Markets With Tokenized Equities and 23/5 Trading
Infrastructure

Nasdaq Eyes Always-On Markets With Tokenized Equities and 23/5 Trading

Nasdaq is advancing its 'always-on' market strategy by integrating tokenized equities and extended trading hours to enhance investor access and market efficiency. President Tal Cohen confirmed that the upcoming Nasdaq Equity Token will be issuer-sponsored, ensuring that economic and governance rights, such as proxy voting and dividends, remain intact for investors. The company has partnered with Kraken to distribute these tokens and utilize Nasdaq’s surveillance technology, aiming to bridge permissioned and permissionless blockchain environments. Nasdaq projects a $3 billion to $6 billion serviceable market for these always-on initiatives by 2030, encompassing trading, asset servicing, and collateral management. Furthermore, the firm is connecting its Calypso collateral-management platform to digital rails like the Canton Network to facilitate real-time margin views and 24/7 collateral mobility. By acquiring the alternative trading system LeveL, Nasdaq intends to expand its execution protocols and international reach while maintaining a strictly regulated framework. This shift represents a significant institutional effort to standardize interoperability between traditional financial markets and blockchain infrastructure.

marketbeat.com·Sep 24, 20269.0
BlackRock to tokenize investment strategies with ONDO Finance for non-US investors
Active Strategies

BlackRock to tokenize investment strategies with ONDO Finance for non-US investors

BlackRock has initiated a strategic move to tokenize three of its investment strategies in collaboration with Ondo Finance, specifically targeting non-U.S. investors. This development enables international participants to access traditional financial instruments onchain and utilize their tokenized holdings as collateral for borrowing. By leveraging Ondo Finance’s existing infrastructure, BlackRock is expanding the reach of regulated financial products into the digital asset ecosystem. This integration marks a significant milestone in the convergence of institutional finance and blockchain technology, potentially increasing liquidity and utility for global investors. The initiative highlights a growing trend of major asset managers seeking to bridge the gap between legacy markets and decentralized finance. As these strategies move onchain, they provide a blueprint for how traditional investment vehicles can be modernized for a global digital audience. The move underscores the increasing institutional appetite for blockchain-based financial solutions that offer both regulatory compliance and enhanced accessibility.

cryptobriefing.com·Sep 24, 20268.5
Ondo, Securitize and BlackRock pitch OUSG for Sky’s $1 billion tokenization initiative
U.S. Treasuries

Ondo, Securitize and BlackRock pitch OUSG for Sky’s $1 billion tokenization initiative

Ondo Finance has partnered with BlackRock and Securitize to submit its OUSG tokenized Treasury fund to the Sky Ecosystem’s Spark Tokenization Grand Prix. This initiative aims to onboard $1 billion in tokenized financial assets into the Sky (formerly MakerDAO) ecosystem to diversify its real-world asset holdings. OUSG currently holds over $600 million in total value locked and offers features such as instant redemptions of up to $25 million daily, with plans to double this capacity by year-end. The proposal highlights potential interoperability between OUSG and BlackRock’s BUIDL fund, allowing Sky to rebalance its portfolio between the two assets. By integrating OUSG, Sky gains access to onchain liquidity and exposure to U.S. Treasury yields across both Ethereum and Solana networks. This collaboration underscores a growing trend of institutional-grade RWA products competing for integration into major decentralized finance protocols. The inclusion of a liquidity facility supported by Circle and other partners further strengthens the proposal's appeal for large-scale capital deployment.

cryptobriefing.com·Sep 24, 20268.0
HIFI raises $37 million Series A to expand tokenized capital markets infrastructure
Infrastructure

HIFI raises $37 million Series A to expand tokenized capital markets infrastructure

HIFI, a New York-based firm specializing in stablecoin payments and tokenized capital-markets infrastructure, has successfully raised $37 million in a Series A funding round led by Left Lane Capital. The company provides API-driven infrastructure that integrates money movement, regulatory compliance, and settlement across both traditional bank rails and digital asset networks. Currently processing over $7 billion in annualized volume across 87 countries, HIFI intends to use the new capital to expand its product suite and further develop its tokenized market solutions. This funding follows HIFI's strategic participation in the DTCC’s July production trades, which involved tokenized securities alongside major financial institutions like BlackRock, Goldman Sachs, and Nasdaq. Additionally, the company recently partnered with Visa to facilitate stablecoin-funded payouts to over 4 billion cards globally. These developments underscore the growing institutional focus on bridging legacy financial systems with blockchain-based settlement layers. As stablecoin supply exceeds $295 billion, HIFI’s infrastructure plays a critical role in enabling the mainstream adoption of tokenized assets and programmable money.

The Block·Sep 24, 20268.0
UK tokenized deposit platform GBTD conducts first live transactions
Infrastructure

UK tokenized deposit platform GBTD conducts first live transactions

The Great British Tokenised Deposit (GBTD) initiative has successfully executed its first live customer transactions, marking a significant milestone for the UK's digital asset infrastructure. Coordinated by UK Finance and built on technology developed by Quant, the platform facilitates interoperability between the distinct tokenized deposit solutions of seven major banks: Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest, and Santander. Unlike many global initiatives focused exclusively on wholesale markets, GBTD is uniquely designed to support retail applications alongside institutional use cases. The pilot program demonstrated the platform's utility in the mortgage sector, specifically utilizing a fund-locking mechanism to secure capital during remortgage completions. This feature allows funds to remain productive and earn interest until the moment of settlement, streamlining the transaction process. By providing a unified messaging and clearing layer, GBTD addresses the fragmentation inherent in multi-bank digital asset ecosystems. This development represents a critical step toward integrating programmable money into the UK's retail banking landscape, potentially setting a standard for future interoperable deposit tokens.

ledgerinsights.com·Sep 24, 20268.0
Hong Kong to Pilot Tokenized Exchange Fund Bills and Regulated Stablecoin Trading
Infrastructure

Hong Kong to Pilot Tokenized Exchange Fund Bills and Regulated Stablecoin Trading

Hong Kong plans to pilot the tokenization of Exchange Fund Bills by the end of 2026, marking a significant expansion of the city's digital asset infrastructure. Secretary for Financial Services and the Treasury Christopher Hui announced that the government will also permit regulated stablecoins to trade on licensed platforms. These initiatives are designed to maintain Hong Kong's competitive edge as a global financial hub, building upon its status as a leader in digital bond issuance. The Hong Kong Monetary Authority will utilize the CMU Omniclear platform to provide comprehensive services for digital bond issuance and settlement. By integrating its own debt instruments on-chain, the government aims to bridge traditional finance with modern digital asset frameworks. This policy shift extends the city's existing regulatory regime from simple spot trading and custody into the broader capital markets. These developments represent a strategic effort to solidify Hong Kong's position as a premier digital asset hub in Asia through institutional-grade adoption.

cryptorank.io·Sep 24, 20269.0
IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions
Infrastructure

IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions

IBM has integrated its Digital Asset Haven platform with Swift’s blockchain-based shared ledger, enabling financial institutions to conduct tokenized deposit transactions. A new beta ISO 20022 messaging adapter allows banks to utilize existing payment message formats to instruct these transactions, bridging traditional operational processes with blockchain networks. This development supports 24/7 digital asset movement while maintaining final settlement through established financial systems. Additionally, IBM is launching an on-premises beta of Digital Asset Haven for IBM Z and LinuxONE, allowing organizations to manage stablecoins and tokenized deposits within their own data centers. By leveraging IBM Crypto Express hardware security modules, the platform ensures that key management remains entirely under client control. These initiatives reflect a broader industry push to integrate tokenized assets into global financial infrastructure. The collaboration underscores the importance of interoperability between legacy messaging standards and emerging distributed ledger technologies for institutional adoption.

The Block·Sep 24, 20268.5
Barclays, Lloyds and NatWest complete tokenized deposit transactions
Infrastructure

Barclays, Lloyds and NatWest complete tokenized deposit transactions

Major UK financial institutions including Barclays, Lloyds Banking Group, and NatWest have successfully completed the world's first interbank transactions using tokenized deposits. Facilitated by the UK Finance Great British Tokenised Deposit initiative, the pilot tested the movement of digital representations of sterling across different banking systems for remortgage and person-to-person payments. Unlike previous isolated experiments, this project focused on interoperability, allowing programmable money to remain reserved until specific transaction conditions were met. This development is significant for the RWA market as it demonstrates how commercial bank money can be digitized while retaining its legal status as a bank liability and regulatory protection. By utilizing blockchain infrastructure, the banks aim to reduce fraud risks and improve settlement efficiency for complex financial processes. The initiative, supported by Quant, EY, and Linklaters, serves as a foundational step toward a broader digital asset ecosystem in the UK. Looking ahead, participants plan to expand these capabilities to include digital bond trading and settlement by early 2027.

crypto.news·Sep 24, 20268.5
Britain's Banks Pick Tokenized Deposits Over Stablecoins. Here's Why the BoE Is Cheering
Infrastructure

Britain's Banks Pick Tokenized Deposits Over Stablecoins. Here's Why the BoE Is Cheering

Major UK financial institutions including Lloyds, NatWest, Barclays, and HSBC have successfully completed the first interbank transfers of tokenized deposits using blockchain technology. This initiative, managed under the UK Finance 'Great British Tokenised Deposit' project, demonstrates the viability of using bank-issued tokens for mortgage transactions and simulated marketplace purchases. Unlike privately issued stablecoins, these tokenized deposits maintain the same legal status as traditional bank deposits, aligning with the Bank of England's preference for regulated, bank-backed digital assets. By utilizing programmable deposits, the pilot aims to reduce fraud risk and enhance settlement efficiency within the existing banking infrastructure. The project is now transitioning toward establishing a formal governing rulebook and a dedicated company to oversee operations. Participating lenders have scheduled the issuance of three digital bonds for the first quarter of 2027, which will be settled using these tokenized deposits. This development signals a significant shift in institutional adoption, positioning the UK as a leader in the global race to modernize financial settlement rails.

BeInCrypto·Sep 24, 20268.5
Securitize Corp (SECZ) Soars to All-Time High Anew, Analysts ‘Highly Bullish’
Infrastructure

Securitize Corp (SECZ) Soars to All-Time High Anew, Analysts ‘Highly Bullish’

Securitize Corp. (NYSE:SECZ) reached a new all-time high of $14.86 per share following positive analyst sentiment and recent regulatory developments. Cantor Fitzgerald initiated a buy rating with a $21.20 price target, highlighting the firm's leadership in tokenizing traditional equities. Rosenblatt also raised its price target to $13, citing the SEC's new Innovation Exemption as a critical catalyst for on-chain US equity trading. This regulatory relief allows platforms to issue tokenized representations of publicly traded stocks, provided they maintain shareholder rights and allow companies to object to tokenization. With $319 trillion in global traditional assets and only $39 billion currently on-chain, Securitize is positioned to capture significant market share. The firm currently manages $5 billion in tokenized assets across 23 public blockchains. This shift represents a major milestone for the RWA market as it moves toward integrating traditional equity infrastructure with blockchain rails.

insidermonkey.com·Sep 24, 20268.0
What Is Ondo Finance (ONDO)? The Ultimate Guide to Real-World Assets (RWA)
U.S. Treasuries

What Is Ondo Finance (ONDO)? The Ultimate Guide to Real-World Assets (RWA)

Ondo Finance operates as a decentralized protocol that bridges traditional financial markets with blockchain technology by tokenizing institutional-grade assets like U.S. Treasuries and global equities. Founded in 2021 by former Goldman Sachs professionals, the platform enables 24/7 on-chain trading and yield generation without traditional settlement delays. The protocol utilizes a three-step process involving regulated custody, one-to-one on-chain minting, and transparent yield distribution through accumulating or rebasing models. Key products include USDY, a permissionless yield-bearing token, and OUSG, which provides exposure to BlackRock's BUIDL fund. By early April 2026, the protocol's total value locked surpassed $3 billion, demonstrating significant institutional adoption across Ethereum and BNB Chain. This growth highlights a shift toward using provable, auditable cash flows from government bonds and equities rather than speculative crypto-native rewards. The platform's focus on compliance and regulated custody serves as a critical infrastructure layer for institutional allocators entering the RWA space.

mexc.com·Sep 24, 20268.0
RWA Signal identifies, scores and tracks the developments that matter in the tokenized economy.Learn how we produce our signals