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Infrastructure

Mantle H1 2026: Building the Financial System in Full Force for Real-World Assets

Mantle achieved a significant milestone in H1 2026 by surpassing $1 billion in total value locked (TVL) while positioning itself as a critical distribution layer for institutional on-chain capital. The network expanded its real-world asset (RWA) footprint to include 155 tokenized equities and over $90 million in RWA-specific TVL, supported by the launch of xStocks by Backed and the integration of Atomic RFQ via xChange. Notable listings during this period included tokenized SpaceX shares and Franklin Templeton’s USPXx ETF, which leveraged Mantle’s integrated capital markets stack for 24/7 trading. Beyond traditional assets, Mantle integrated CIAN Protocol to route institutional liquidity into Aave, resulting in the fastest-growing lending market in Aave's history. The ecosystem also pioneered agentic finance by introducing standards like ERC-8004 and ERC-8183 to facilitate autonomous agent identity and commerce. These developments demonstrate a strategic shift from simple asset tokenization toward building comprehensive market infrastructure, including liquidity, settlement, and execution layers. This evolution is vital for the RWA market as it moves toward institutional-grade scalability and autonomous financial participation.

#RWA #TokenizedEquities #Aave

tradingview.com·Jul 2, 20268.5

Infrastructure

Crypto platform Tothemoon secures MiCA licence in Cyprus

Tothemoon has officially secured authorization from the Cyprus Securities and Exchange Commission as a Crypto-Asset Service Provider under the European Union’s Markets in Crypto-Assets Regulation. This regulatory milestone allows the platform to operate legally across the European Economic Area, providing a standardized framework for its digital asset services. By achieving MiCA compliance, Tothemoon positions itself within a regulated environment that emphasizes investor protection and market integrity. This development is significant for the broader RWA market as it demonstrates the increasing institutionalization of crypto platforms through formal EU-wide licensing. As more platforms align with MiCA, the barrier to entry for tokenized real-world assets in Europe is lowered, fostering greater trust among traditional financial participants. The move highlights the growing trend of crypto entities seeking jurisdictional clarity to facilitate cross-border operations. Ultimately, this regulatory approval serves as a foundational step for integrating compliant digital asset infrastructure into the mainstream European financial ecosystem.

#MiCA #Regulation #EU

Finextra — Crypto·Jul 2, 20265.5

Infrastructure

Half of the $60 Billion Tokenization Market Has No Real Activity

Research from BeInCrypto indicates that over 50% of the $60 billion tokenized real-world asset market currently experiences zero weekly transfer activity. The report analyzed more than 7,000 individual products spanning 12 distinct asset classes to assess the health of the sector. While the total market valuation is expanding rapidly, the lack of secondary market liquidity suggests that many tokenized assets are held in static portfolios rather than being actively traded. This discrepancy highlights a significant gap between the total volume of assets brought on-chain and their actual utility within decentralized finance ecosystems. For the broader RWA market, these findings serve as a critical reality check regarding the maturity of current tokenization efforts. Investors and developers must distinguish between assets that are merely digitized and those that provide genuine on-chain liquidity and transactional value. Addressing this inactivity is essential for the industry to transition from a phase of experimental issuance to one of sustainable, high-velocity financial infrastructure.

#RWA #Blockchain #Tokenization

BeInCrypto·Jul 2, 20266.5

Infrastructure

Robinhood Launches Its Own Blockchain, Tokenized Stocks, and AI-Powered Trading

Robinhood has officially launched the Robinhood Chain, an Arbitrum-based Layer 2 blockchain designed to institutional standards for real-world asset tokenization. This new network facilitates the trading of stock tokens across 120 countries, allowing users to utilize these assets as collateral within the broader DeFi ecosystem. Key partners supporting this infrastructure include Uniswap, Alchemy, BitGo, and Chainlink. Alongside the chain, Robinhood introduced the USDG stablecoin lending product, which offers an estimated 7% APY and is insured by Lloyd’s of London and RELM. The platform has also expanded its European offerings to include perpetual futures on commodities, ETFs, and FX pairs with up to 10x leverage. Furthermore, the integration of AI-powered agentic trading allows US users to execute automated strategies using real-time data analysis. This expansion represents a significant shift in how retail-focused platforms bridge traditional finance with decentralized infrastructure. By scaling its global footprint and integrating institutional-grade blockchain tools, Robinhood is positioning itself as a primary gateway for tokenized asset adoption.

#Arbitrum #RWA #TokenizedStocks

incrypted.com·Jul 2, 20269.5

Infrastructure

UK payments blueprint outlines tokenized payments for ‘multi

HM Treasury and the Payments Vision Delivery Committee have released an updated blueprint for the UK retail payments ecosystem, explicitly prioritizing tokenization and programmable payments as core infrastructure. This initiative aims to foster a diverse multi-money ecosystem where emerging digital assets can seamlessly interact with traditional financial systems. The government's roadmap emphasizes the necessity of integrating tokenized deposits and stablecoins to drive innovation within the national payment framework. Complementing this, the Financial Conduct Authority has established a clear regulatory timeline for crypto firms, with a licensing window opening in September 2025 and full implementation by October 2027. The Bank of England is simultaneously exploring extended settlement hours to accommodate the 24/7 nature of tokenized finance and cross-border transactions. These coordinated efforts signal a significant shift toward institutionalizing blockchain-based assets within the UK's broader economic infrastructure. By creating a unified regulatory environment for both traditional and tokenized payments, the UK seeks to maintain its competitive edge in global asset management and financial technology.

#Stablecoins #Tokenization #Payments

Cointelegraph — RWA Tokenization·Jul 2, 20268.5

Infrastructure

Korbit Research Head Says Asset Tokenization Is Irreversible, Urges Faster Push on Won Stablecoins

Korbit research head Kim Min-seung warned that South Korea risks losing capital to overseas markets unless it accelerates the development of a won-denominated stablecoin ecosystem. Speaking at the Digital Asset Investment Insight Forum 2026, Kim highlighted that the global financial landscape is shifting toward on-chain infrastructure, a movement currently dominated by the United States. The on-chain real-world asset market is valued at $30 billion, with US Treasuries currently comprising half of that total. Kim emphasized that the upcoming October launch of stock tokenization services by the Depository Trust & Clearing Corp. (DTCC), involving major players like BlackRock and Nasdaq, marks a pivotal institutional shift. Unlike previous derivative-based crypto tokens, these new services are backed by SEC no-action letters and provide formal rights. The US strategy aims to preserve dollar hegemony by integrating stablecoins with Treasury reserves, creating a comprehensive on-chain super-app ecosystem. Kim urged South Korean regulators to modernize their approach to avoid being sidelined as global capital migrates to these more efficient, US-led on-chain markets.

#Stablecoins #RWA #Tokenization

en.bloomingbit.io·Jul 2, 20268.5

Infrastructure

Lightspark becomes first payments company in Estonia to get MiCA licence

Lightspark Payments Europe AS has officially secured both a crypto-asset service provider (CASP) authorization and an electronic money institution (EMI) license from Estonia's Financial Supervision Authority. This dual regulatory approval makes Lightspark the first payments company in Estonia to achieve compliance under the European Union's comprehensive Markets in Crypto-Assets (MiCA) framework. By obtaining these licenses, the firm gains the legal standing to offer regulated digital asset and electronic money services across the European Economic Area. This development is significant for the RWA market as it establishes a clear regulatory pathway for infrastructure providers to bridge traditional fiat payment rails with blockchain-based assets. The integration of MiCA-compliant EMI and CASP status reduces jurisdictional uncertainty for firms looking to tokenize assets or facilitate cross-border payments within the EU. As institutional adoption of tokenized assets grows, such regulatory milestones provide the necessary legal certainty for large-scale financial operations. Lightspark's achievement underscores the increasing importance of Estonia as a hub for compliant crypto-financial services within the broader European market.

#MiCA #Regulation #Lightspark

Finextra — Crypto·Jul 2, 20266.5

Infrastructure

Korea’s unified ledger paper is silent on privacy. Central banks should take note

The Bank of Korea has released a detailed paper on Project Hangang, a unified ledger initiative designed to integrate tokenized commercial bank deposits with a wholesale central bank digital currency (wCBDC). While the project aims to maintain the traditional two-tier monetary system, the report notably omits any discussion regarding privacy protections for retail and interbank transactions. This oversight is significant because the platform centralizes retail payments, wholesale settlement, and programmability under a single central bank-operated infrastructure. The initiative has already completed a Phase I trial involving 80,000 users and 12,000 merchants, with Phase II expanding to nine commercial banks later this month. The South Korean government maintains an ambitious goal to utilize this tokenized framework to distribute 25% of National Treasury Funds by 2030. The absence of privacy discourse in such a comprehensive design document raises concerns about data partitioning and the central bank's visibility into private transaction flows. For the broader RWA market, this highlights the ongoing tension between central bank oversight and the necessity of data confidentiality in tokenized financial systems. Addressing these privacy gaps remains essential for ensuring commercial bank participation and public trust in sovereign-backed digital ledgers.

#TokenizedDeposits #BankOfKorea #ProjectHangang

Ledger Insights·Jul 2, 20267.5

Infrastructure

Senator Lummis Calls to Stop ‘Baseless Attacks’ on the Clarity Act

Senator Cynthia Lummis has publicly defended the Clarity Act against criticisms from Senator Elizabeth Warren, who alleged that the proposed digital-asset legislation could facilitate illicit financial activities. Lummis countered these claims by highlighting the inclusion of more than 16 specific safeguards designed to prevent money laundering and regulatory evasion within the crypto sector. The dispute centers on the tension between fostering innovation in the digital asset space and maintaining stringent oversight to prevent the movement of illicit funds by adversaries. Warren maintains that current legislative proposals risk weakening existing financial standards, potentially exposing the system to exploitation. Lummis argues that these characterizations are baseless and misrepresent the technical protections embedded in the bill. This legislative friction is significant for the RWA market as it underscores the ongoing regulatory uncertainty surrounding the integration of blockchain-based assets into the traditional financial system. Clearer legal frameworks are essential for institutional adoption, and the outcome of this debate will likely influence the compliance requirements for future tokenized asset protocols.

#Regulation #CLARITYAct #CryptoPolicy

BeInCrypto·Jul 2, 20265.5

Infrastructure

OKX: First EU MiCA Licence Recipient

OKX has officially become the first entity in the European Union to secure a MiCA-compliant license, marking a significant milestone for regulatory integration in the digital asset sector. This authorization covers the broadest range of crypto services permitted under the framework, including EUR on-ramps, off-ramps, and zero-fee stablecoin payments facilitated through Mastercard. The achievement follows eight years of intensive investment in governance, risk management, and external audits by a Big Four firm to ensure institutional-grade compliance. By integrating spot pairs, derivatives, commodities, and equities alongside AI-native agentic infrastructure, OKX is positioning itself as a comprehensive financial platform. The company has maintained transparency through 40 consecutive months of Proof of Reserves reporting to build trust with European regulators and users. This development is critical for the RWA market as it establishes a clear, regulated pathway for bridging traditional financial assets with blockchain-based infrastructure. Ultimately, this license signals a shift toward mature, compliant ecosystems that can support the large-scale tokenization of real-world assets within the EU.

#MiCA #Regulation #EU

blockchain.news·Jul 2, 20267.5

Infrastructure

Swift Routes 11,000 Banks Through Chainlink CCIP to Every Blockchain: Inside ICMA's DLT Repo Report

The International Capital Market Association (ICMA) released a comprehensive report in June 2026 mapping the infrastructure connecting traditional finance to distributed ledger technology (DLT). The report confirms that institutional repo markets, which settle $10 trillion daily, are rapidly migrating to interoperable blockchain rails. Broadridge’s DLR platform and JP Morgan’s Kinexys, both built on the Canton Network, now facilitate massive volumes, with Broadridge clearing over $8 trillion in monthly repo volume as of 2026. Crucially, the report identifies Swift’s new blockchain interlinking solution as a primary bridge for 11,000 global banks, utilizing Chainlink’s CCIP for cross-chain messaging and orchestration. This architecture allows banks to access tokenized assets without overhauling legacy systems, effectively creating a plug-and-play bridge for regulated capital. By leveraging these rails, institutions aim to reduce the $639 billion in idle cash buffers currently held for intraday settlement mismatches. The convergence of Canton for settlement and Chainlink for routing signals a shift toward a unified, interoperable institutional ecosystem. This documentation provides a verified blueprint for how trillions in global assets are transitioning to blockchain-based settlement.

#CantonNetwork #Chainlink #RepoMarkets

genfinity.io·Jul 2, 202610.0

Infrastructure

Tradeweb Completes a Real-Time Tokenized Treasury Trade Using USDCx and Canton Settlement

The Canton Network has introduced Logical Synchronizer Upgrades to facilitate automatic and routine protocol enhancements, aiming to improve operational reliability for institutional finance. This infrastructure upgrade supports parallel processing, which is critical for the Depository Trust & Clearing Corporation's initiative to tokenize Russell 1000 constituents, ETFs, and U.S. Treasury bonds across the Stellar and Canton networks. Digital Asset, the developer behind Canton, recently secured $355 million in funding led by a16z crypto to scale these capabilities. Major financial players are actively leveraging this architecture, with Visa and Brale conducting a proof-of-concept for stablecoin settlement and SG-FORGE integrating EURCV and USDCV stablecoins for on-chain asset settlement. Additionally, Bitwise has expanded the ecosystem's reach by launching the Canton ETP on Deutsche Börse Xetra. These developments signify a shift toward high-reliability, interoperable institutional settlement layers. By streamlining upgrades and supporting diverse asset classes, the Canton Network is positioning itself as a foundational layer for global financial market infrastructure.

#Tokenization #CantonNetwork #InstitutionalFinance

crypto-economy.com·Jul 2, 20269.5

Infrastructure

XRP Ledger Inches Closer to Overtaking BNB Chain With $4B RWA Growth as Compliant Lending Takes Off

The XRP Ledger (XRPL) has reached $4 billion in tokenized real-world assets, positioning it to potentially overtake BNB Chain as the fourth-largest blockchain in the sector. This growth trajectory highlights a significant shift in institutional interest, as financial firms increasingly utilize the network for tokenizing bonds, real estate, and private credit. A key driver of this momentum is the partnership between the XRP Ledger Foundation and VS1, which focuses on building an open-source reference application for compliant, permissioned lending. By leveraging native features like Credentials and Permissioned Domains, the initiative provides a secure framework for regulated institutions to manage blockchain-based loans. This development marks a strategic evolution for XRPL, transitioning from a payments-focused network into a robust infrastructure for institutional finance. Furthermore, technical improvements such as the proposal to eliminate front-running are enhancing the network's appeal for professional market participants. As Ethereum continues to lead the market with $16.1 billion in assets, the narrowing gap between XRPL and BNB Chain underscores the intensifying competition among blockchains to capture the growing RWA market.

#RWA #Blockchain #Tokenization

coinpaper.com·Jul 1, 20267.5

Infrastructure

Liquid Mercury Completes MiCA Disclosure for MERC, Enabling Trading Admission Across the EU

Liquid Mercury has successfully submitted its MERC crypto-asset white paper to the Central Bank of Ireland, securing its inclusion in the European Securities and Markets Authority (ESMA) MiCA white paper register. This milestone confirms that the MERC token complies with the Markets in Crypto-Assets Regulation, the comprehensive EU framework governing crypto-asset disclosures and market integrity. By meeting these stringent regulatory requirements, MERC is now positioned for admission to trading across regulated venues within the European Union and the European Economic Area. This development is significant for the RWA market as it provides a clear regulatory pathway for platform tokens associated with institutional-grade infrastructure. Liquid Mercury utilizes MERC as a core component of its ecosystem, which includes specialized platforms for OTC trading and tokenized real-world assets like sports investments. The move underscores a growing trend where infrastructure providers prioritize regulatory transparency to facilitate broader institutional adoption of digital assets. As Liquid Mercury expands its Mercury RWA division, the official MiCA registration serves as a foundational step toward increasing liquidity and accessibility for its tokenized offerings.

#RWA #MiCA #EU

chainwire.org·Jul 1, 20266.5

Infrastructure

Deutsche Bank Says Tokenized Cash, Collateral Could Reshape Financial Markets

Deutsche Bank has identified tokenized cash and collateral as a transformative force capable of fundamentally restructuring global financial markets. By facilitating 24-hour trading cycles and near-real-time settlement, tokenization promises to enhance liquidity and operational efficiency for institutional participants. The bank specifically highlighted the rapid growth of tokenized money market funds as a key indicator of this ongoing shift. Furthermore, the adoption of these digital assets is expected to reduce traditional bank reserve balances while simultaneously expanding the intraday repo market. These developments suggest a broader evolution in how financial infrastructure supports capital movement and collateral management. Over the long term, the bank anticipates that these technological advancements could influence the structure of critical U.S. interest-rate benchmarks. This analysis underscores the increasing institutional recognition that blockchain-based assets are moving beyond experimental phases toward systemic integration.

#Tokenization #MoneyMarketFunds #FinancialInfrastructure

en.bloomingbit.io·Jul 1, 20267.5

Infrastructure

Nebeus receives MiCA CASP authorisation

Barcelona-based fintech Nebeus has officially secured Crypto-Asset Service Provider (CASP) authorization from Spain's Comisión Nacional del Mercado de Valores (CNMV). This regulatory milestone aligns the company with the European Union's comprehensive Markets in Crypto-Assets (MiCA) framework. By achieving this status, Nebeus gains the ability to passport its digital asset services across the entire European Economic Area. This development is significant for the RWA market as it establishes a clear, compliant pathway for firms to bridge traditional financial services with digital assets under a unified regulatory umbrella. The move enhances institutional trust and provides a standardized legal foundation for companies operating within the European crypto ecosystem. As MiCA implementation progresses, such authorizations serve as a critical benchmark for firms seeking to scale cross-border operations legally. This regulatory clarity is essential for the broader adoption of tokenized assets and institutional participation in the European digital finance sector.

#MiCA #Regulation #EU

Finextra — Crypto·Jul 1, 20266.5

Infrastructure

Gate Europe Solidifies MiCA Compliance as EU Crypto Regulation Takes Full Effect

The European cryptocurrency sector reached a critical regulatory milestone on July 1, 2026, as the MiCA compliance deadline officially ended the transitional period for crypto-asset service providers. Gate Europe successfully secured dual authorization, obtaining both CASP and Payment Institution credentials to solidify its operational status across the EU. This regulatory shift mandates that all platforms operating within the region adhere to strict standards regarding governance, client asset safeguarding, and transparent reporting. While 244 entities were registered by the final deadline, major players like Binance remain unauthorized, forcing them to cease EU-directed activities. The implementation of MiCA replaces fragmented national rules with a unified framework, significantly increasing the due diligence requirements for institutional market participants. For the RWA market, this standardization provides a clearer legal architecture for tokenized assets and institutional-grade financial services. Gate Europe’s proactive compliance strategy, initiated in 2018, highlights the necessity of long-term regulatory alignment for platforms seeking to serve European clients under continuous supervisory oversight.

#Compliance #MiCA #Regulation

Blockonomi·Jul 1, 20267.5

Infrastructure

Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes

The European Union's Markets in Crypto-Assets (MiCA) regulation has reached a critical milestone as the transitional grandfathering period for crypto-asset service providers (CASPs) ended on July 1, 2026. While MiCA is now fully operational, the European Commission has initiated a consultation to evaluate potential updates to the framework to ensure it remains competitive against newer global standards. Industry experts like Circle's Patrick Hansen suggest that MiCA should be viewed as a version one framework that requires iterative adjustments to address evolving market realities. A primary area of focus is the regulation of stablecoins, which have grown significantly in importance since the initial drafting of MiCA between 2020 and 2023. Legal experts from Skadden highlight that the current lack of a third-country equivalence regime limits the cross-border circulation of tokens, prompting discussions on mutual recognition. Furthermore, the Commission is shifting its attention toward the broader tokenization of real-world assets, recognizing that blockchain finance has expanded beyond simple stablecoin payments. Ultimately, the EU aims to balance stringent consumer protections with the need to integrate global liquidity, ensuring the bloc remains a viable hub for digital asset innovation.

#Stablecoins #Tokenization #MiCA

CoinDesk·Jul 1, 20268.5

Infrastructure News

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