#Mastercard
3 articles tagged #Mastercard — curated RWA tokenization coverage.
Sei Network Activity Surges as Mastercard and Tokenized Stocks Expand
Sei Network is experiencing a significant surge in on-chain activity, highlighted by a 316.57% increase in daily decentralized exchange volume, which rose from $3.9 million to $16.24 million on August 19. This growth coincides with strategic efforts to position the blockchain as a primary infrastructure for institutional finance and real-world asset tokenization. The network is currently collaborating with Mastercard to develop foundations for institutional blockchain adoption, with further details expected to be revealed shortly. Additionally, Sei is expanding its financial utility by integrating Dinari, a platform that enables the trading of tokenized U.S. stocks via the dShares product. These developments are supported by the network's Giga upgrade, which aims to enhance throughput and finality to meet the demands of financial applications. While the recent volume spike demonstrates immediate market interest, the long-term success of Sei depends on its ability to sustain this momentum through its institutional partnerships. By bridging traditional equity markets with blockchain technology, Sei is actively competing to become a hub for tokenized real-world assets.
First Redemption of Cross-Border, Cross-Bank Tokenized Treasuries Completed
Ondo Finance has successfully executed the first near real-time, cross-border, and cross-bank redemption of a tokenized U.S. Treasury fund. The pilot involved Ripple redeeming its OUSG holdings on the XRP Ledger, with fiat settlement facilitated by the Mastercard Multi-Token Network and Kinexys by J.P. Morgan. This transaction bypassed traditional banking cut-off windows, demonstrating a unified flow between public blockchain infrastructure and global correspondent banking networks. By integrating these disparate systems, the collaboration proves that tokenized assets can move seamlessly across borders without relying on manual, siloed wire processes. This development is significant for the RWA market as it addresses the critical bottleneck of settlement infrastructure, which has historically limited the efficiency of onchain assets. The framework establishes a scalable model for 24/7 global markets, allowing institutional-grade tokenized products to interact directly with existing bank accounts. Ultimately, this milestone signals a shift toward continuous, automated financial operations that bridge the gap between decentralized ledgers and traditional finance.
Ripple, JPMorgan settle a tokenized Treasury on XRPL
On June 12, JPMorgan, Mastercard, Ondo Finance, and Ripple successfully completed a test involving the redemption of a tokenized United States Treasury on the XRP Ledger. The transaction achieved atomic settlement in approximately five seconds, a significant improvement over the three to five business days required by traditional financial rails. This proof-of-concept demonstrated that institutional-grade assets can be redeemed efficiently on a public ledger while meeting the security and compliance standards of major financial firms. By utilizing a short-dated Treasury instrument, the participants focused on testing the underlying settlement infrastructure rather than valuation complexities. While the test did not directly involve XRP as the asset being traded, it highlighted the ledger's potential to host high-volume institutional activity. The successful integration of Mastercard’s Multi-Token Network and JPMorgan’s settlement infrastructure suggests a growing institutional appetite for on-chain yield-bearing assets. This milestone serves as a strategic beachhead for Ripple, positioning the XRP Ledger as a viable venue for future tokenized corporate bonds and structured credit products.