#OnchainFinance

22 articles tagged #OnchainFinance — curated RWA tokenization coverage.

Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says
Infrastructure

Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says

Citrini Research released a 79-page report titled Breaking the Wall, which analyzes the potential for Wall Street's blockchain integration to outperform traditional crypto assets like Bitcoin and Ether. The report argues that tokenizing stocks, bonds, and commodities will create significant fee-generating opportunities for infrastructure providers, lenders, and decentralized trading platforms. By moving financial assets onchain, firms like Securitize, Coinbase, and Circle are positioned to capture value from increased trading and settlement activity. The research identifies two investment baskets, one comprising publicly traded stocks and another focused on crypto-native protocols such as Aerodrome, Maple, and Ondo Finance. These protocols are highlighted for their ability to facilitate onchain lending, yield-bearing asset trading, and perpetual futures. However, the report cautions that increased network activity does not guarantee token price appreciation, emphasizing the need for sustainable fee-capture models. It also identifies critical risks, including liquidity fragmentation across blockchains, security vulnerabilities, and the legal limitations of synthetic tokenized assets. Ultimately, the analysis suggests that the shift toward onchain finance represents a structural evolution that may redefine investment winners in the digital asset space.

CoinDesk·Oct 8, 20267.5
What Does Strategy (MSTR) 24 7 Tokenized Stock Trading Mean For Investors?
Stocks

What Does Strategy (MSTR) 24 7 Tokenized Stock Trading Mean For Investors?

MicroStrategy (MSTR) has become one of the first equities available for 24/7 trading through a new tokenized platform launched by OKX and the Intercontinental Exchange. This initiative leverages an SEC exemption to enable onchain trading of tokenized shares that grant holders direct shareholder rights, including dividends and voting capabilities. By integrating traditional equity structures with blockchain accessibility, the venture aims to bridge the gap between conventional capital markets and digital asset infrastructure. The move is particularly significant for MicroStrategy, a company already deeply embedded in the digital asset space through its extensive Bitcoin treasury operations. While the platform offers continuous liquidity, the success of this model depends on how trading volumes migrate from traditional venues to the OKX-ICE ecosystem. Investors are now monitoring how this onchain accessibility impacts the firm's capital allocation strategies and overall share liquidity. This development represents a broader trend of institutional-grade infrastructure being applied to traditional equities to facilitate round-the-clock market participation.

finance.yahoo.com·Oct 8, 20267.5
NEAR’s Polosukhin sees shrinking need for centralized exchanges as onchain tools expand
Infrastructure

NEAR’s Polosukhin sees shrinking need for centralized exchanges as onchain tools expand

NEAR co-founder Illia Polosukhin stated that the expansion of onchain tools is reducing the necessity for centralized exchanges, positioning near.com as a comprehensive interface for diverse financial activities. The platform currently integrates spot trading, perpetual futures, and tokenized stocks, the latter of which were enabled through a September integration with Ondo Finance. NEAR is actively developing infrastructure to support broader fiat-to-asset capabilities, including partnerships with Monerium for euro-denominated transactions and plans for global stock offerings. A key component of this evolution is the NEAR Intents infrastructure, which utilizes a confidential shard to balance transaction privacy with selective disclosure. Despite a recent $3.8 million exploit involving the Omni deposit infrastructure, the protocol successfully recovered all funds and resumed operations. Polosukhin envisions a future where AI agents serve as the primary front-end for onchain markets, further abstracting the complexity of decentralized finance. This shift toward onchain-native financial services represents a significant move toward replacing traditional custodial intermediaries with automated, intent-based systems.

The Block·Oct 7, 20266.5
After Tokenized Stocks Get Approved: Robinhood, Circle, and the Next Stage of Onchain Finance
Stocks

After Tokenized Stocks Get Approved: Robinhood, Circle, and the Next Stage of Onchain Finance

On September 17, 2026, the U.S. SEC approved an 'Innovation Exemption' allowing for the onchain trading of traditional U.S. stocks under a five-year trial period. This regulatory milestone signals a broader shift toward 'Onchain Finance,' a framework that leverages blockchain to enhance the efficiency, settlement speed, and global accessibility of traditional financial assets. While often conflated with RWA, Onchain Finance represents a strategic evolution aimed at reinforcing U.S. dollar hegemony by facilitating the global distribution of dollar-denominated assets. Industry data shows the total value of stock tokens reached $2.82 billion by mid-September 2026, with significant market concentration among issuers like Ondo, bStocks, and Securitize. Robinhood has emerged as a key player, transitioning its stock tokens to the proprietary Robinhood Chain, which utilizes the ERC-8056 standard to enable interoperability with third-party DeFi protocols. With Robinhood Chain recording 100 million transactions and $957 million in TVL shortly after launch, the focus of the sector is shifting from simple token issuance to post-launch utility and integration. This transition reflects a coordinated effort by digital-native firms and traditional institutions to migrate core financial infrastructure onto public blockchains.

techflowpost.com·Sep 18, 20269.5
Robinhood Rallies as SEC Clears Path for Tokenized Stock Trading
Infrastructure

Robinhood Rallies as SEC Clears Path for Tokenized Stock Trading

Robinhood Markets shares rose 6% following the SEC's introduction of the 'Innovation Exemption,' a five-year regulatory framework permitting the trading of tokenized stocks in the United States. This guidance provides conditional relief under the Securities Exchange Act of 1934 by reclassifying specific trading platforms as Tokenized Securities Venues (TSVs) and exempting certain liquidity providers from dealer status. SEC Chairman Paul S. Atkins emphasized that the initiative aims to modernize capital markets by facilitating onchain trading while maintaining investor safeguards. To participate, TSVs must be U.S.-based, comply with OFAC sanctions, and restrict access to specified market participants. Tokenized assets under this framework must mirror conventional securities, ensuring holders retain rights to dividends and voting. Issuers retain the authority to block their securities from being traded on these venues, providing a layer of corporate control. While the move signals a major shift toward onchain financial infrastructure, some industry observers caution that the lack of formal legislation makes the exemption potentially vulnerable to future political reversals.

tradingpedia.com·Sep 17, 20269.0
Injective’s RWA Perpetual Volume Tops $5.3B Amid SEC Shift
Infrastructure

Injective’s RWA Perpetual Volume Tops $5.3B Amid SEC Shift

Injective has reached $5.3 billion in cumulative trading volume for its RWA perpetual markets since early 2025, signaling a significant shift toward onchain financial products. This growth coincides with the U.S. Securities and Exchange Commission moving to clear firms for regulated stock perpetuals, a development Injective views as a pivotal reversal of previous regulatory trends. As a layer-1 blockchain, Injective has operated onchain perpetual markets since 2021 and now maintains 135 active RWA markets, including equities, foreign exchange, and commodities. The protocol has achieved a milestone as the first layer-1 blockchain with an affiliated SEC-registered transfer agent through Injective Institutional Services. Total trading volume across the broader RWA perpetual segment reached $1.45 trillion in the first half of 2026, reflecting a rapid expansion from $1.41 billion to $6.59 billion over eighteen months. By utilizing a fully onchain orderbook and unified oracle streams, Injective aims to bridge the gap between traditional financial assets and decentralized infrastructure. This integration of regulated securities and onchain settlement represents a broader industry push to bring financial innovation back to American markets.

Blockonomi·Sep 11, 20267.5
How Stable Sea’s Tokenized Treasury Tie-Up Shapes WisdomTree’s (WT) Corporate Cash Management Ambitions
Active Strategies

How Stable Sea’s Tokenized Treasury Tie-Up Shapes WisdomTree’s (WT) Corporate Cash Management Ambitions

WisdomTree is strategically positioning its future growth around the expansion of tokenized financial products and onchain cash management solutions, specifically highlighted by its recent Stable Sea initiative. This pivot is central to the firm's long-term financial narrative, which projects revenue reaching $898.4 million and earnings of $324.0 million by 2029. While the company maintains a steady quarterly dividend of $0.03 to provide shareholder value, the core of its investment thesis rests on the successful execution of digital asset strategies. Analysts remain divided on the impact of these initiatives, noting that regulatory uncertainty and adoption hurdles pose significant risks to these ambitious growth targets. The Stable Sea expansion serves as a near-term catalyst, yet its ultimate contribution to the firm's bottom line remains subject to market volatility and evolving digital asset frameworks. Investors are currently weighing the potential for innovation-led returns against the competitive pressures and fee compression inherent in the traditional ETF market. Ultimately, WisdomTree's ability to integrate tokenization into its broader product breadth will be a defining factor in whether it meets its long-term valuation forecasts.

simplywall.st·Sep 6, 20266.5
KBW2026 to Bring Franklin Templeton, Northern Trust, Moody’s to Seoul for Onchain Finance Talks
Active Strategies

KBW2026 to Bring Franklin Templeton, Northern Trust, Moody’s to Seoul for Onchain Finance Talks

The Korea Blockchain Week 2026 (KBW2026) will feature high-level discussions on the future of onchain finance, highlighting the growing institutional interest in tokenized assets. Key industry leaders, including representatives from Franklin Templeton, Northern Trust, and Moody’s, are scheduled to convene in Seoul to address the integration of traditional financial systems with blockchain technology. Franklin Templeton, a pioneer in tokenized money market funds, will provide insights into the scalability of onchain investment vehicles. Northern Trust and Moody’s are expected to contribute expertise regarding the institutional infrastructure and credit assessment frameworks necessary for the maturation of the RWA sector. This gathering underscores South Korea's strategic ambition to become a global hub for digital asset innovation and institutional adoption. By facilitating direct dialogue between global asset managers and blockchain developers, the event aims to bridge the gap between legacy finance and decentralized protocols. The participation of these major financial entities signals a shift toward standardized, regulated onchain financial products that could significantly increase liquidity and transparency in global markets.

ittimes.com·Sep 1, 20267.0
Tokenized Stocks Push Robinhood Chain RWA Volume Past $85 Million for the First Time
Stocks

Tokenized Stocks Push Robinhood Chain RWA Volume Past $85 Million for the First Time

On August 25, the Robinhood Chain recorded a significant milestone in the Real World Asset sector, reaching a daily onchain trading volume of $85.1 million. Data from a Dune dashboard curated by analyst adam_tehc reveals that tokenized stocks were the primary driver of this activity, contributing $66.6 million to the total volume. Additionally, memecoin-stock pairs accounted for $10.4 million, highlighting a unique intersection between traditional equity-based assets and speculative crypto trading patterns. This surge in volume demonstrates a growing appetite for onchain exposure to traditional financial instruments within the Robinhood ecosystem. The record-breaking performance suggests that users are increasingly comfortable utilizing decentralized infrastructure for trading tokenized versions of stocks. Such activity indicates a shift toward higher liquidity for RWA products, which is essential for the long-term viability of onchain financial markets. By facilitating these trades, Robinhood Chain is positioning itself as a notable venue for the convergence of DeFi and traditional asset classes.

cryptorank.io·Aug 31, 20267.5
Bitwise CEO Hunter Horsley Teases Tokenized Stocks Product After $1.8B H1 Inflows
Stocks

Bitwise CEO Hunter Horsley Teases Tokenized Stocks Product After $1.8B H1 Inflows

Bitwise Asset Management is expanding its onchain product suite by developing a new offering built upon Coinbase’s recently launched tokenized stocks on the Base network. The initiative, teased by CEO Hunter Horsley, aims to serve onchain-native investors by packaging tokenized equities like Apple, Nvidia, Meta, and Alphabet into specialized financial products. These underlying stocks are backed 1:1 by shares held in regulated custody and are accessible to eligible non-U.S. users via self-custody wallets. This move follows a strong performance for Bitwise, which recorded over $1.8 billion in net inflows during the first half of 2026 across its various product lines. By leveraging the Base layer-2 infrastructure, Bitwise intends to move beyond traditional ETF structures to create investment vehicles that function natively within the DeFi ecosystem. The collaboration, which also involves the platform Glider, signals a broader industry shift toward integrating traditional equities into blockchain-based financial markets. This development highlights the growing trend of asset managers utilizing institutional-grade tokenization to capture demand from crypto-native participants.

finance.yahoo.com·Aug 25, 20267.5
Onchain perps capture 15% of futures volume as centralized trading declines
Active Strategies

Onchain perps capture 15% of futures volume as centralized trading declines

Decentralized perpetual futures platforms have captured approximately 14.9% of the total perpetual trading volume, marking a significant shift in market dynamics over the past 18 months. While centralized exchange (CEX) volumes dropped to $4.41 trillion in May 2026—the lowest level since September 2024—onchain platforms demonstrated greater relative resilience. Hyperliquid currently leads the sector, maintaining 30-day trading volumes between $180 billion and $245 billion and previously commanding over 70% of the onchain market share. Emerging competitors such as Aster and Lighter are now challenging this dominance, with Aster capturing 14.9% of weekly onchain volume in September 2025. This transition is supported by data from DefiLlama and analysis from Pantera Capital, highlighting a growing institutional interest in decentralized infrastructure. The shift is largely driven by a preference for non-custodial trading, which allows users to retain control of their assets following historical CEX failures. This trend underscores a broader migration toward transparent, onchain financial primitives as the derivatives market undergoes a structural reshaping.

cryptobriefing.com·Aug 17, 20267.0
Coinbase Wins Abu Dhabi Approval to Launch Tokenized Securities Starting with Apple
Stocks

Coinbase Wins Abu Dhabi Approval to Launch Tokenized Securities Starting with Apple

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has granted Coinbase a license to arrange investment deals and provide custody for tokenized securities. This regulatory milestone allows Coinbase to issue digital tokens representing traditional equities, starting with Apple CB Certificates issued by Coinbase Onchain SPV Ltd. These certificates provide beneficial interests in underlying Apple common stock held in trust, enabling verified token holders to receive economic benefits like dividends. By establishing ADGM as its international tokenization hub, Coinbase aims to facilitate faster settlement, continuous trading, and fractional ownership for global investors. While the products are currently limited to eligible jurisdictions outside the United States, the framework serves as a scalable model for future equity tokenization. This development underscores the growing trend of major crypto exchanges integrating traditional financial instruments into onchain environments. The initiative follows Coinbase's previous successful deployment of a $75 million onchain strategy with Mubadala Capital in the region.

fr.tradingview.com·Aug 15, 20268.5
Uniswap’s RWA volume hits 2.5B
Infrastructure

Uniswap’s RWA volume hits 2.5B

Uniswap has reached a significant milestone with its real-world asset (RWA) tokenization volume hitting $2.5 billion, primarily driven by tokenized stocks. Bitwise CIO Matt Hougan argues that Uniswap is currently undervalued because the market incorrectly frames it as merely a crypto trading app rather than a platform for broader on-chain finance. By expanding into traditional capital markets, which include $150 trillion in stocks and $350 trillion in credit, Uniswap aims to capture a portion of a $600 trillion total addressable market. To facilitate this transition and ensure regulatory compliance for U.S. investors, the protocol introduced permissioned pools featuring allow-lists to screen against sanctioned entities. This strategic shift follows the recent integration with the Robinhood Chain, which has contributed to increased platform traction. While the UNI token experienced a 95% rally in Q3, it has since faced a 25% pullback, currently testing key technical support levels at the 200-day moving average. Despite short-term volatility, analysts at Standard Chartered Bank maintain a long-term bullish outlook, projecting a potential 40x rally to $100 driven by the ongoing tokenization boom.

AMBCrypto·Aug 13, 20267.5
Franklin Templeton-Backed Onchain Credit Platform Cap (CAP) Lists on Upbit’s KRW Market
Credit (Private Credit)

Franklin Templeton-Backed Onchain Credit Platform Cap (CAP) Lists on Upbit’s KRW Market

The onchain private credit platform Cap has expanded its market presence by listing its native token on the South Korean exchange Upbit, following a previous listing on Bithumb. Backed by major financial institutions including Franklin Templeton and Susquehanna International Group, Cap facilitates institutional onchain lending by removing the requirement for borrowers to post onchain collateral. Instead, the platform utilizes a dedicated underwriter model where risk is assumed by third parties who provide capital to protect lenders. This structure has already attracted institutional participants like Flow Traders, which borrows stablecoins for market-making activities. With over $5 billion in cumulative transaction volume and more than $325 million in deposits, the platform offers yields between 5% and 7% on dollar-denominated assets. By integrating tokenized money market funds like BlackRock’s BUIDL and Franklin Templeton’s BENJI, Cap bridges traditional credit frameworks with blockchain efficiency. This expansion into major Asian exchanges signals a growing trend of institutional adoption for decentralized credit infrastructure.

digitaljournal.com·Aug 6, 20267.5
Tokenized stock trading reached new high in July, Frank Chaparro notes
Stocks

Tokenized stock trading reached new high in July, Frank Chaparro notes

Onchain trading of tokenized stocks reached a record $11.3 billion in July, signaling a significant shift in how equity-linked assets are being utilized within digital markets. Binance’s QQQB token, which tracks the Invesco QQQ ETF, served as the primary driver of this volume by accounting for $9.27 billion of the total activity. This concentration highlights the dominance of specific high-liquidity equity proxies in the current tokenization landscape. The surge in trading volume coincides with broader institutional interest, evidenced by Bank of America appointing Sonali Theisen to lead its digital assets division with a focus on blockchain integration. These developments underscore a growing trend where traditional financial institutions and crypto-native platforms are increasingly converging on tokenized equity products. While market volatility persists, as seen in Bernstein’s recent revision of Bitcoin price targets, the sustained interest in tokenized stocks suggests a maturing infrastructure for onchain financial instruments. This milestone reflects the increasing utility of blockchain technology for accessing traditional market exposure outside of conventional trading hours and venues.

tradersunion.com·Aug 4, 20267.5
Tokenized Stock Holders Near 1 Million After 92% Growth in 30 Days
Stocks

Tokenized Stock Holders Near 1 Million After 92% Growth in 30 Days

The market for tokenized stocks is experiencing rapid growth, with the number of blockchain addresses holding onchain equities approaching the 1 million milestone. Data from RWA.xyz indicates that as of August 3, there were approximately 967,000 holders representing $2.16 billion in distributed value. This surge is highlighted by a 92% increase in holders over a 30-day period and a 522% rise since the beginning of 2026. Platforms like Jupiter are seeing significant activity during off-market hours, with over 65% of stock-token volume occurring when traditional exchanges like the NYSE and Nasdaq are closed. Investors are increasingly utilizing these assets to gain exposure to semiconductor and memory-chip companies such as Nvidia and Micron Technology outside of standard trading sessions. However, analysts caution that these figures represent blockchain addresses rather than unique verified investors, and some products offer only economic exposure rather than direct legal ownership. The sector now faces the critical challenge of transitioning from rapid wallet adoption to establishing sustained secondary liquidity and robust legal protections to prove long-term market maturity.

cryptonews.net·Aug 4, 20267.5
Why Tokenized Equities Are Fueling Solana’s Explosive Growth in 2026
Stocks

Why Tokenized Equities Are Fueling Solana’s Explosive Growth in 2026

Tokenized equity trading volume on the Solana blockchain has experienced explosive growth, surging from $1.34 million to $3.32 billion over the past year. This rapid expansion is highlighted by a significant jump from $670 million in April 2026 to $3.3 billion just two months later. Solana has solidified its market position by processing over 95% of all cross-chain tokenized stock volume, driven by its high throughput and low transaction costs. Across the broader industry, total tokenized equity volume reached $4.9 billion in the first half of 2026, a sixfold increase compared to the second half of 2025. This shift signifies a transition from experimental use cases to the integration of blockchain as a core component of modern financial infrastructure. By enabling 24/7 trading and near-instant settlement, tokenized equities address the inefficiencies and high costs associated with legacy settlement systems. The trend underscores a growing institutional confidence in onchain capital markets, positioning Solana as a central hub for the migration of traditional financial assets.

tekedia.com·Jul 30, 20268.0
Ondo leads tokenized stocks market as Wall Street moves onchain
U.S. Treasuries

Ondo leads tokenized stocks market as Wall Street moves onchain

Ondo Finance has emerged as a dominant force in the tokenized real-world asset sector, specifically within the tokenized U.S. Treasury market. The protocol currently commands a significant share of the market, with its OUSG product providing investors with exposure to short-term U.S. government bonds on the blockchain. This shift reflects a broader trend of traditional financial institutions and decentralized finance protocols converging to bring institutional-grade assets onchain. By leveraging blockchain technology, Ondo enables 24/7 settlement and increased liquidity for assets that were previously restricted by traditional banking hours and settlement cycles. The growth of Ondo highlights the increasing appetite for yield-bearing, low-risk digital assets among crypto-native investors and institutional participants alike. As Wall Street continues to explore tokenization, Ondo's infrastructure serves as a critical bridge for integrating regulated financial products into decentralized ecosystems. This development signals a maturation of the RWA market, moving beyond experimental pilots toward scalable, production-ready financial instruments.

thestreet.com·Jul 30, 20268.0

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