Infrastructure News

Post-trade processing from the City of London to the Canton Network, Tokenovate is up and running

Tokenovate, a Cambridge-based fintech, is participating in the Bank of England’s Synchronisation Lab to advance the automation of post-trade processes in capital markets. The company is leveraging its Novat protocol, which utilizes the FINOS Common Domain Model to turn complex master agreements into machine-readable logic for derivatives, repos, and securities lending. This initiative aims to solve fragmentation in digital markets by ensuring that asset and cash movements are coordinated with legal finality throughout the entire product lifecycle. Demonstrating the practical application of this technology, Tokenovate recently executed an intra-day repurchase agreement on the Canton Network using USDCx for cash settlement. By joining the Canton Foundation, the firm is positioning itself to provide interoperable infrastructure that bridges traditional financial standards with distributed ledger technology. This development is significant for the RWA market as it highlights the shift toward standardized, programmable workflows that enhance liquidity management and collateral mobility. The collaboration with the Bank of England underscores the growing institutional interest in integrating tokenized assets into regulated financial ecosystems.

cambridgeindependent.co.uk·Oct 1, 20268.0

Bitcoin and Coinbase Gain After Senate Rejects Clarity Act

Following the U.S. Senate's rejection of the Clarity Act on September 15, the crypto market experienced a significant rally, with Bitcoin and Ethereum rising 11% and 12% respectively. Bitwise CIO Matt Hougan noted that while the industry lost the long-term certainty of federal law, it avoided restrictive compromises that would have hindered growth. A critical development occurred just two days after the vote when the SEC issued a five-year innovation exemption for tokenized U.S. stocks. This regulatory move allows these assets to trade through permissioned automated market makers and liquidity pools without requiring traditional exchange registration. The exemption specifically benefits firms like Securitize, which manages tokenized funds for major institutions including BlackRock, Apollo, and KKR. Furthermore, the failure of the Clarity Act prevents a proposed ban on stablecoin yield, allowing platforms like Coinbase to continue offering rewards. While the lack of permanent legislation introduces potential political risk for 2029, the current environment favors rapid innovation and institutional adoption. The total crypto market capitalization has since expanded to approximately $2.95 trillion.

Blockonomi·Oct 1, 20267.5

Greywick Digital to Deploy cLTC on Canton Network

Greywick Digital has signed a Memorandum of Understanding with the Litecoin Foundation to introduce cLTC, a tokenized version of Litecoin, onto the Canton Network. This initiative aims to bridge the gap between the decentralized Litecoin ecosystem and institutional financial infrastructure by enabling yield-bearing and trading capabilities within a regulated environment. The Canton Network, which counts major institutions like Goldman Sachs, BNY Mellon, and the DTCC among its participants, provides the privacy and compliance framework necessary for such integration. By leveraging Greywick Digital’s asset-agnostic platform, cLTC will utilize public reserves and independent attestations to ensure transparency for institutional users. This development marks a significant shift for Litecoin, which has historically operated as a decentralized commodity without direct integration into traditional institutional settlement rails. The project is currently in the live testnet phase, with a full launch expected by the end of 2026. This move is strategically important as it allows one of the industry's longest-running assets to participate in the growing RWA market, potentially increasing its utility and adoption among global financial entities.

techbullion.com·Oct 1, 20267.5

Mashreq, Citi run tokenised payment on Swift

Mashreq and Citi have successfully executed a live cross-border transaction using tokenised deposits on Swift’s blockchain-based ledger. This pilot utilizes Swift’s infrastructure as a shared orchestration layer to link tokenised deposits issued by individual banks, aiming to streamline international payment friction. By integrating these digital assets into existing financial messaging frameworks, the initiative seeks to enable 24/7 real-time liquidity movement and settlement. Seventeen banks are currently participating in this MVP phase, which follows a broader design effort involving over 40 financial institutions. The project highlights a shift toward using regulated bank liabilities rather than public digital assets to maintain strict compliance and governance standards. For corporate clients, this development promises improved treasury operations and greater flexibility in managing working capital across global time zones. This milestone is significant for the RWA market as it demonstrates how traditional banking institutions can leverage distributed ledger technology to modernize legacy cross-border payment systems.

thepaypers.com·Oct 1, 20268.0

South Korea to let stocks, bonds and funds go onchain

South Korea’s Financial Services Commission (FSC) has unveiled a comprehensive regulatory framework to integrate stocks, bonds, and funds into its tokenized securities system. Scheduled to take effect on February 4, 2027, the framework amends the Electronic Securities Act and Capital Markets Act to treat tokenized assets as regulated securities rather than separate crypto assets. The implementation follows a three-stage roadmap, beginning with institutional-grade money-market funds, unlisted shares, and fractional investment products. To protect retail participants, the FSC has proposed a 100 million won annual net purchase limit per over-the-counter platform. The rules also allow qualifying non-financial issuers to manage their own ownership records, provided they meet strict capital and cybersecurity requirements. By mandating that distributed ledgers connect to the Korea Securities Depository, the government ensures that tokenized assets remain under existing market surveillance and legal oversight. This move signals a major shift toward institutionalizing blockchain infrastructure within a major global economy, setting a clear path for the eventual integration of onchain payment systems and stablecoins.

crypto.news·Oct 1, 20269.0

Bitwise Maps the 4 Corners of Crypto That Won As CLARITY Act Stalled

Bitwise Chief Investment Officer Matt Hougan argues that the failure of the U.S. Senate's Clarity Act has paradoxically accelerated regulatory progress for the crypto industry. By failing to pass, the bill avoided restrictive measures that would have limited stablecoin yield payments and hindered the integration of exchange and brokerage services. Hougan highlights that the SEC has since provided more direct guidance, such as a five-year exemption for tokenized U.S. stocks, which benefits platforms like Securitize and the BlackRock BUIDL fund. This shift allows for faster innovation compared to the multi-year study period the Clarity Act would have mandated. Furthermore, recent SEC guidance regarding buyback announcements on functional networks provides immediate clarity that the proposed legislation would have delayed. While these gains currently rely on agency-level actions rather than permanent law, Hougan views the outcome as a net positive for market participants. The performance of assets like NEAR Protocol, which rose 126.62% following the vote, underscores the market's positive reaction to these regulatory developments.

BeInCrypto·Oct 1, 20267.5

Maybank Asset Management brings Tokenised Singapore Dollar Money Market Fund into Synthesys Network

Maybank Asset Management Singapore has integrated its tokenized Singapore Dollar-denominated money market fund into the Synthesys Network to expand its global distribution reach. This development allows regulated intermediaries, including banks and payment providers, to access the fund through a single connectivity layer. The initiative marks a significant shift in the RWA market as it moves beyond US Dollar-centric products toward multi-currency on-chain assets. By leveraging the Synthesys Network, which connects to over 80 distribution channels, Maybank aims to provide institutional-grade cash management solutions for investors seeking Singapore Dollar exposure. The broader tokenized money market fund sector has seen rapid growth, with assets under management rising from US$4 billion in early 2025 to US$9 billion by the end of that year. This expansion highlights the increasing demand for currency diversification and yield-bearing digital assets within the decentralized finance ecosystem. The move underscores the growing role of infrastructure providers in bridging traditional asset management with on-chain liquidity.

manilatimes.net·Oct 1, 20268.0

Experts call for incentives in Budget 2027 to boost Malaysia’s tokenised economy

themalaysianreserve.com·Oct 1, 20266.5

WisdomTree Deploys Tokenized Real World Asset Funds Natively On Arbitrum

WisdomTree has officially expanded its tokenized real-world asset fund offerings by deploying them natively on the Arbitrum blockchain as of September 30, 2026. This strategic move marks a significant shift toward utilizing Layer 2 scaling solutions to enhance the operational efficiency and transparency of institutional-grade financial products. By leveraging Arbitrum's infrastructure, WisdomTree aims to improve scalability while maintaining the rigorous compliance and security standards required for digital asset services. This development is part of a broader trend where traditional asset managers integrate blockchain technology to facilitate faster settlement and broader market accessibility. The deployment underscores the growing institutional preference for high-performance networks that can support complex financial instruments in a decentralized environment. Market participants are currently monitoring the impact of this integration on liquidity signals and collateral flows within the ecosystem. This milestone sets a notable precedent for how established financial institutions can leverage native blockchain deployments to modernize their product distribution and management frameworks.

tradingview.com·Oct 1, 20267.5

Securitize Integrates ADI Chain: Tokenized BlackRock Funds Now Have UAE Sovereign Rails

Securitize, an NYSE-listed tokenization platform managing approximately $5 billion in assets, has integrated the UAE-based ADI Chain into its multichain infrastructure. This partnership enables tokenized financial products from major institutions like BlackRock, KKR, and Apollo to be issued and settled on sovereign-backed infrastructure governed by the Abu Dhabi Global Market. The integration utilizes Chainlink’s Cross-Chain Interoperability Protocol to connect ADI Chain with Securitize’s existing network, which includes Ethereum, Solana, and Avalanche. By leveraging ADI Chain’s zero-knowledge rollup architecture and ERC-3643 compliance standards, Securitize aims to bridge regulated U.S. financial products with Middle Eastern institutional rails. This move follows a recent Memorandum of Understanding between Securitize and Dubai’s Virtual Assets Regulatory Authority, signaling a broader strategic expansion into the UAE. The ADI Chain, developed by the ADI DLT Foundation, is backed by the International Holding Company and features a Central Bank-licensed stablecoin. This development represents a significant convergence of U.S. SEC-registered compliance frameworks with sovereign-grade blockchain infrastructure, potentially expanding access to global financial products for investors in the Global South.

techtimes.com·Sep 30, 20269.5

Base completes Cobalt upgrade, adds new tools for tokenized assets

Base has officially activated its Cobalt upgrade, marking a significant expansion of the network's onchain finance capabilities. The upgrade introduces the B20 token standard enhancements, which provide issuers with granular control over compliance, including mandatory KYC, accreditation checks, and sanctions screening. A key feature of Cobalt is the ability for issuers to manage corporate actions like stock splits directly onchain without requiring token burns or mints. Furthermore, the update grants authorized administrators the power to perform forced token transfers, a critical requirement for regulated financial products. The upgrade also debuts Validity Transactions, allowing users to execute conditional trades based on specific price triggers or block deadlines. These technical advancements are part of Base's strategic pivot toward becoming a primary hub for global financial applications. By integrating these institutional-grade controls, Base aims to bridge the gap between traditional financial infrastructure and decentralized blockchain environments.

Cointelegraph — Tokenization·Sep 30, 20267.5

Edel Joins DTCC Digital Assets Working Group to Advance Tokenized Collateral and Securities Lending

Edel, a provider of infrastructure for tokenized equity and commodity markets on the Canton blockchain, has joined the Depository Trust & Clearing Corporation (DTCC) Digital Assets Solutions Industry Working Group. This group includes over 100 major financial institutions, such as BlackRock, Goldman Sachs, and JPMorgan, and is tasked with providing feedback for the development of the DTCC Tokenization Service. The move highlights a shift in the RWA market from simple asset issuance to creating functional, programmable utility for tokenized assets. By integrating securities lending veteran Brad Klaas into its board, Edel aims to solve the complexities of using tokenized assets as collateral, margin, and for lending. The company is currently exploring whether securities tokenized by the DTCC could be recognized directly as margin within Edel Markets. This development is critical because it addresses the institutional need for capital efficiency, allowing firms to put idle assets to work rather than holding extra cash liquidity. Ultimately, the collaboration underscores the industry's focus on building the necessary plumbing to ensure tokenized assets are as productive and liquid as their traditional counterparts.

chainwire.org·Sep 30, 20268.0

After joining Agorá, Wells Fargo CFO calls for atomic settlement of tokenized deposits

Wells Fargo has officially joined Project Agorá, a Bank for International Settlements (BIS) initiative focused on enhancing cross-border payment efficiency through tokenized deposits and central bank reserves. During the Sibos conference, Wells Fargo CFO Mike Santomassimo emphasized that the future of financial settlement relies on interoperability rather than isolated, single-bank solutions. By participating in this project, the bank aims to move beyond merely digitizing existing payment plumbing to achieve true atomic settlement. The initiative seeks to bridge the gap between siloed tokenized deposit models, allowing for seamless interaction across different DLT platforms. This development is significant for the RWA market as it signals a major institutional shift toward standardized, interoperable infrastructure for tokenized cash. Santomassimo’s comments underscore the industry's growing consensus that closed-loop systems are insufficient for global scale. Ultimately, this collaboration highlights the critical role of central bank-backed tokenization in modernizing international financial transactions.

ledgerinsights.com·Sep 30, 20268.0

Ripple just tokenized Brazilian markets

Ripple has officially partnered with CSD BR to tokenize Brazilian capital markets using the XRP Ledger, marking a significant expansion of its institutional footprint in Latin America. The initiative begins with the tokenization of shares from a BTG Pactual fund, which will be secured through Ripple Custody services. This development coincides with a period of record-breaking liquidity on the XRP Ledger, where stablecoin supply has reached an all-time high of $1.2 billion. Notably, the RLUSD stablecoin accounts for over 90% of this supply, with its own total circulation hitting a record $2.5 billion. While the network experiences these fundamental improvements in institutional adoption and liquidity, the native XRP token faces market volatility characterized by rising leverage and potential selling pressure on exchanges. The integration of Brazilian financial assets onto the ledger highlights Ripple's strategy to bridge traditional finance with blockchain infrastructure. Ultimately, the success of these tokenization efforts serves as a critical test for whether network utility can decouple from speculative price action. This move positions the XRP Ledger as a key player in the evolving landscape of global asset tokenization.

AMBCrypto·Sep 30, 20267.5

What Happens to Your Tokenized Asset If the Issuer Goes Bankrupt?

The legal structure underlying a tokenized asset determines investor protection in the event of an issuer's bankruptcy. While blockchain technology enables rapid settlement and 24/7 trading, it does not inherently shield assets from the insolvency of the entity that issued the token. The SEC distinguishes between issuer-sponsored tokens, where the blockchain record may serve as an official ownership system, and third-party tokens that often represent mere contractual claims. In regulated fund structures, underlying assets are typically held by independent custodians, separating them from the issuer's corporate property. Conversely, if a token functions as an unsecured obligation of a fintech firm, investors may be relegated to the status of general creditors during bankruptcy proceedings. This distinction is critical because the economic value of an RWA token relies on the legal arrangement connecting the digital record to the physical asset. Ultimately, tokenization adds complexity by involving multiple entities, including tokenizers, SPVs, and custodians, which necessitates a clear understanding of custody terms and asset segregation. Investors must recognize that blockchain efficiency does not replace the need for traditional financial safeguards and legal separation of assets.

coinpaper.com·Sep 30, 20267.5

ESMA responds to Commission’s consultation on the review of MiCA

On 30 September 2026, the European Securities and Markets Authority (ESMA) submitted its formal response to the European Commission regarding the review of the Markets in Crypto-Assets Regulation (MiCA). The regulator advocates for a more robust framework that bridges the gap between crypto-asset service providers (CASPs) and traditional financial instruments under the Markets in Financial Instruments Directive II (MiFID II). ESMA specifically proposes new regulatory oversight for decentralized finance (DeFi) gateways and protocols to mitigate cross-border risks. The recommendations include granting ESMA binding powers over token classification and introducing stricter requirements for staking, lending, and borrowing services. Furthermore, the proposal seeks to enhance investor protection through increased cost transparency and tighter marketing restrictions. By aligning MiCA with broader financial supervisory packages, ESMA aims to ensure that tokenized assets are subject to standards comparable to traditional securities. This development is critical for the RWA market as it signals a regulatory shift toward harmonizing the treatment of tokenized real-world assets with established financial market infrastructure.

regulationtomorrow.com·Sep 30, 20268.0

Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator

Hyperliquid co-founder Jeff Yan argued at Korea Blockchain Week 2026 that the primary value proposition of onchain finance is self-custody and transparency rather than 24/7 trading capabilities. While traditional exchanges are increasingly extending their operating hours, Yan emphasized that onchain systems provide a critical advantage by allowing users to retain control of their funds, mitigating counterparty and intermediary risks. He noted that the inherent neutrality of blockchain systems fosters a level of trust that centralized, private organizations cannot replicate. Despite the lack of mass-market appeal for technical transparency, Yan highlighted its importance for system integrity during critical market events. The discussion extended to the potential for tokenizing private markets, which are currently gate-kept and restricted by traditional financial structures. By enabling global price discovery for private assets on platforms like Hyperliquid, the industry could democratize access to wealth-generating opportunities. This shift represents a move toward a more inclusive global financial system that operates beyond the constraints of individual jurisdictions.

The Block·Sep 30, 20265.5

Anchorage Digital Supports Onchain Custody for Baillie Gifford Bond Fund

tipranks.com·Sep 30, 20267.5