#Sky
2 articles tagged #Sky — curated RWA tokenization coverage.
7.0
Credit (Private Credit)
cryptobriefing.com·2h ago
Arkis establishes governance board with Spark for on-chain risk reduction
Arkis, an on-chain prime brokerage and credit protocol, has implemented a mandatory multisig approval process for all smart contract deployments to enhance institutional-grade security. This governance shift follows the integration of Spark, the institutional DeFi allocator from the Sky ecosystem, into the Arkis governance board. With Spark managing $5.2 billion in total value locked, the move ensures that no single entity can unilaterally alter protocol behavior or introduce vulnerabilities. This development is part of a broader collaboration that launched the Spark Prime hybrid CeDeFi product on February 11, 2026. Spark Prime utilizes Arkis’s margin engine to provide institutions with unified portfolio margin accounts across multiple venues. By requiring digital signatures from multiple parties for code changes, Arkis aims to transition from theoretical governance to verifiable on-chain oversight. This integration of governance frameworks into technical infrastructure is critical for the RWA market, as it builds the necessary trust for large-scale institutional capital deployment in decentralized credit environments.
9.0
Infrastructure
Tokenized asset market tops $43B as institutions accelerate blockchain adoption
The tokenized real-world asset market has expanded by 37% over the last six months, reaching a total market capitalization exceeding $43 billion according to Token Terminal. This growth signifies a shift from a Treasury-dominated landscape toward a more diversified ecosystem that includes commodities and equities. Tokenized funds currently command nearly 80% of the market, while commodities and stocks represent 16.6% and 3.8% respectively. Ethereum remains the dominant blockchain infrastructure, hosting 57.8% of total value, though platforms like BNB Chain, zkSync Era, XRP Ledger, and Stellar are capturing increasing market share. Major financial institutions are accelerating this transition, with Citigroup projecting the market could reach up to $8.2 trillion by 2030 as core infrastructure providers like the DTCC and Nasdaq integrate onchain processes. Sky leads the sector as the largest issuer with $6.1 billion in assets, followed by Securitize and Ondo Finance. This maturation suggests that tokenization is moving beyond pilot programs into mainstream financial operations, supported by improving regulatory clarity and institutional adoption.