#OnchainFinance
2 articles tagged #OnchainFinance — curated RWA tokenization coverage.
8.5
Active Strategies
Cointelegraph — Tokenization
Hyperliquid shows how onchain perps could challenge Wall Street: Pantera
Pantera Capital reports that perpetual futures are evolving into a dominant global financial instrument, with the Hyperliquid blockchain infrastructure leading the transition of traditional assets like equities and commodities onto decentralized rails. By offering 24/7 trading, continuous price discovery, and simplified position management, Hyperliquid is challenging the structural limitations of traditional derivatives markets. The platform currently captures approximately 40% of all onchain perpetual futures volume, marking a significant shift as decentralized exchange volumes have climbed to 14% of centralized exchange levels from under 1% in early 2023. This growth has attracted the attention of major traditional finance players, including Intercontinental Exchange (ICE), whose leadership is actively engaging regulators to establish a level playing field for onchain perpetual contracts. Hyperliquid has solidified its market position by generating $13.5 million in weekly fees, ranking it as the fourth-largest fee-generating protocol in the crypto industry. This trend reflects a broader institutional movement toward tokenizing traditional investment products to enable instant settlement and continuous market access. The integration of these assets into blockchain wrappers signals a potential tectonic shift in how global financial markets operate, moving away from legacy settlement cycles toward always-on, onchain infrastructure.
8.0
Stocks
Coinbase joins tokenized stock race with onchain shares and dividend payments
Coinbase has announced plans to launch tokenized stocks backed one-for-one by underlying U.S. equities, marking its entry into the competitive onchain securities market. CEO Brian Armstrong emphasized that these assets represent direct ownership rather than the derivative or synthetic structures often found in existing offerings. By moving traditional securities onto blockchain rails, the platform aims to provide investors with benefits such as automated dividend payments and 24/7 trading capabilities. This initiative targets international users in eligible jurisdictions, offering them streamlined access to U.S. capital markets without the need for traditional foreign brokerage accounts. The move intensifies competition in the RWA sector, where firms like Kraken and Robinhood are also expanding their tokenized equity footprints. As major institutions like Citi, BlackRock, and JPMorgan continue to explore tokenization, this development underscores the industry's broader shift toward digitizing traditional financial assets. While no specific launch date was provided, the announcement signals a significant push by Coinbase to capture market share in the rapidly growing tokenized securities space.