#TokenizedFunds

111 articles tagged #TokenizedFunds — curated RWA tokenization coverage.

#RWA #Ethereum #FranklinTempleton #WisdomTree #InstitutionalFinance #Stablecoins #Solana #BlackRock #Stellar #SEC

Tokenized fund market cap sees one third outside Ethereum and BNB Chain

The total market capitalization of tokenized funds has reached approximately $34.7 billion, signaling a significant expansion in institutional adoption of blockchain-based financial products. While Ethereum remains the dominant platform with $17.7 billion in assets, representing 51.2% of the market, its share is increasingly challenged by a diverse multi-chain ecosystem. Significant capital is now flowing into alternative networks, with BNB Chain and zkSync Era holding $4.8 billion and $3.2 billion respectively. Notably, chains like Stellar, Solana, Avalanche, and Injective have collectively captured roughly $6.7 billion, reflecting a shift toward specialized infrastructure for asset issuance and settlement. This diversification is driven by institutional demand for lower transaction costs, high throughput, and customized, permissioned environments. Major asset managers such as BlackRock and Franklin Templeton are actively leveraging these varied networks to deploy live tokenized money market funds and government securities. The transition from pilot programs to live, multi-chain products underscores the maturation of the RWA sector as it moves beyond a single-chain dependency.

#Ethereum #RWA #InstitutionalFinance

cryptobriefing.com·Aug 10, 20268.0

U.S. Treasuries

Wall Street put $7B into tokenized funds, but under 1% is actually being used in DeFi

Institutional investors have allocated approximately $7 billion into tokenized funds, yet less than 1% of these assets are currently being utilized within decentralized finance (DeFi) protocols. While major financial players like BlackRock, Franklin Templeton, and Hamilton Lane have successfully migrated traditional assets onto blockchains like Ethereum, Polygon, and Avalanche, the primary use case remains holding rather than active on-chain utility. Data from 21.co indicates that while the total value locked in tokenized U.S. Treasuries has surged, the lack of interoperability and regulatory constraints prevents these assets from serving as collateral in lending markets. This disconnect highlights a significant gap between the successful issuance of tokenized securities and the integration of these assets into the broader DeFi ecosystem. The current landscape suggests that institutional participants prioritize the operational efficiencies of tokenization, such as instant settlement and transparency, over the speculative or yield-generating opportunities offered by DeFi. As the market matures, the industry faces the challenge of bridging the gap between traditional financial infrastructure and permissionless liquidity pools. This trend underscores that while Wall Street has embraced blockchain as a ledger, it remains cautious about engaging with the decentralized protocols that define the current crypto landscape.

#RWA #InstitutionalAdoption #BlackRock

cryptoslate.com·Aug 9, 20268.0

Active Strategies

Schroders gets green light for first tokenised fund

Schroders has received regulatory approval to launch a tokenized investment fund, marking a significant step in the firm's digital asset strategy. The initiative leverages blockchain technology to enhance operational efficiency and provide investors with streamlined access to fund units. By integrating tokenization into its existing investment framework, Schroders aims to modernize the distribution and settlement processes for its clients. This move reflects a broader trend among major asset managers to explore distributed ledger technology for traditional financial products. The approval underscores the growing acceptance of tokenized assets within the UK regulatory environment. Such developments are critical for the RWA market as they signal institutional confidence in the scalability and security of blockchain-based fund structures. Ultimately, this milestone demonstrates how established financial institutions are actively bridging the gap between legacy finance and decentralized infrastructure.

#Blockchain #TokenizedFunds #UKFinance

investmentweek.co.uk·Aug 7, 20268.0

Active Strategies

ICE agrees $5.7 billion MarketAxess acquisition, BlackRock expands tokenised fund access in Europe

BlackRock has significantly expanded its institutional tokenization efforts by launching 12 tokenized share classes for European money-market funds, representing a combined $311 billion in assets under management. These funds utilize JPMorgan’s Kinexys blockchain platform to mint tokens while maintaining the official shareholder register through traditional transfer agents. This development demonstrates the growing viability of Kinexys as institutional infrastructure that integrates on-chain functionality with established fund operations. Simultaneously, Aviva Investors received regulatory authorization from the Central Bank of Ireland to launch a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger. These moves highlight a broader trend of major financial institutions adopting blockchain to modernize fund distribution and liquidity management. Furthermore, Boerse Stuttgart Digital completed its merger with Tradias, consolidating institutional trading, custody, and tokenization services into a single 300-person unit. These events collectively signal a shift toward regulated, hybrid models where public and private blockchains support traditional financial assets at scale.

#XRP Ledger #JPMorgan #Kinexys

theasianbanker.com·Aug 6, 20269.0

Active Strategies

Tokenized Fund Market Hits $34.5B with Ethereum Leading

The global tokenized fund market has reached a total valuation of $34.5 billion, encompassing 91 distinct issuers across 31 different blockchain networks. Ethereum currently serves as the primary settlement layer for this sector, commanding a dominant 51.2% market share. Data from Token Terminal indicates that the market is highly decentralized, with no single issuer controlling more than 13.4% of the total market capitalization. This expansion reflects a significant shift in the financial landscape as traditional institutions increasingly adopt blockchain technology for asset management. The growth is driven by rising investor interest in innovative financial products, though it remains sensitive to macroeconomic factors like interest rate fluctuations and currency strength. As the sector matures, the lack of issuer concentration suggests a healthy, competitive ecosystem rather than a monopoly. This milestone underscores the transition of tokenized assets from niche experiments to a substantial component of the broader financial infrastructure.

#Ethereum #RWA #TokenizedFunds

coinfomania.com·Aug 5, 20267.5

Stablecoins

J.P. Morgan Ethereum investment tops $900M in tokenized funds

J.P. Morgan has solidified its position as a major institutional participant in the RWA sector by scaling its tokenized money market funds on the Ethereum blockchain to $900 million in assets under management. By moving these financial products from traditional back-office ledgers to a public blockchain, the bank is utilizing smart contract functionality to achieve real-time, programmable asset management. This shift represents a transition from experimental pilot programs to the deployment of core financial infrastructure by a systemically important institution. The scale of this investment demonstrates significant internal confidence in the ability of public chains to handle regulated financial products. For the broader RWA market, this development serves as a powerful signal to competitors and regulators that tokenized assets are viable at institutional volumes. As other asset managers observe this progress, the move is likely to increase competitive pressure to adopt similar onchain strategies. Ultimately, J.P. Morgan's commitment reinforces Ethereum's role as a foundational layer for digital finance, bridging the gap between traditional banking and decentralized infrastructure.

#Ethereum #InstitutionalDeFi #JPMorgan

cryptonews.net·Aug 5, 20269.0

Active Strategies

Wellington Management deepens Libeara collaboration with tokenized income fund

Wellington Management has expanded its partnership with Libeara and FundBridge Capital to launch a new tokenized fund named INCOM. This follows the success of their initial collaboration, the ULTRA fund, which currently manages approximately $70 million in short-term Treasury assets. Unlike its predecessor, INCOM offers a more diversified portfolio, incorporating investment-grade and high-yield corporate bonds, bank loans, convertibles, and securitized assets. Wellington Management serves as the sub-advisor for the fund, while FundBridge Capital acts as the manager, maintaining the operational structure established during the ULTRA launch. By leveraging public blockchain infrastructure, the initiative aims to provide institutional investors with enhanced transparency and operational efficiency. This development signifies a broader institutional shift toward utilizing distributed ledger technology to deliver complex fixed-income strategies. The move highlights the growing appetite among traditional asset managers to modernize the delivery of core investment expertise through tokenized vehicles.

#InstitutionalDeFi #TokenizedFunds #FixedIncome

ledgerinsights.com·Aug 4, 20267.5

U.S. Treasuries

BlackRock Launches Tokenized Money Market Funds in Europe

BlackRock has expanded its digital asset strategy by launching tokenized money market funds specifically for the European market. This move follows the successful deployment of the BUIDL fund on the Ethereum blockchain, signaling a broader institutional push to bring traditional financial instruments on-chain. By leveraging blockchain technology, BlackRock aims to provide investors with increased liquidity, faster settlement times, and greater transparency for high-quality cash equivalents. The initiative reflects a growing trend among global asset managers to modernize fund distribution and operational efficiency through distributed ledger technology. European investors can now access these tokenized vehicles, which are designed to maintain stable net asset values while offering yield-bearing potential. This expansion is a significant milestone for the RWA sector, as it demonstrates the scalability of tokenized investment products across different regulatory jurisdictions. The integration of these funds into the European ecosystem underscores the increasing convergence between traditional finance and decentralized infrastructure.

#Ethereum #BlackRock #TokenizedFunds

bloomberg.com·Aug 4, 20269.5

U.S. Treasuries

BlackRock Launches Tokenized Money Market Funds on Solana, Ethereum

BlackRock has expanded its tokenized money market fund strategy by integrating the Solana blockchain alongside its existing Ethereum-based infrastructure. This move marks a significant shift for the world's largest asset manager, which previously focused its BUIDL fund exclusively on the Ethereum network. By leveraging Solana's high-throughput capabilities, BlackRock aims to enhance the efficiency and accessibility of tokenized assets for stablecoin issuers and institutional investors. The integration signals a growing institutional preference for multi-chain interoperability in the RWA sector to optimize transaction speeds and reduce costs. This development validates the maturity of non-Ethereum chains for high-stakes financial products, potentially setting a new standard for institutional asset tokenization. As stablecoin issuers increasingly seek yield on their reserves, the availability of BlackRock's fund on multiple chains provides a critical bridge between traditional finance and decentralized ecosystems. This expansion underscores the accelerating adoption of blockchain technology by global financial giants to modernize liquidity management.

#Ethereum #Solana #BUIDL

Decrypt·Aug 3, 20269.5

U.S. Treasuries

Zerohash Adds Stablecoin Conversion Rails to BlackRock's BRSRV, a GENIUS Act Reserve Fund

BlackRock has launched the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), a multichain money market fund designed to provide compliant reserve assets for stablecoin issuers under the GENIUS Act. To facilitate investor access, Zerohash has been integrated to provide stablecoin conversion rails, allowing subscriptions to be funded directly with stablecoins rather than traditional wire transfers. This development addresses a critical friction point where regulated funds struggle to accept stablecoin balances directly. The BRSRV portfolio consists of cash, ultra-short Treasuries, and overnight repo backed by government securities, with daily dividend reinvestment features. Alongside BRSRV, BlackRock introduced BSTBL, a tokenized share class of an existing $7 billion money market fund, utilizing Securitize for tokenization infrastructure. These products aim to meet the strict reserve requirements established by the GENIUS Act, which became federal law in July 2025. By bridging the gap between stablecoin liquidity and regulated institutional instruments, Zerohash is expanding its infrastructure role beyond its traditional crypto trading and payment services. This move highlights the growing necessity for specialized conversion layers to support the institutional adoption of tokenized cash management strategies.

#Stablecoins #BlackRock #TokenizedFunds

genfinity.io·Aug 3, 20269.5

U.S. Treasuries

BlackRock Rolls Out Two Tokenized Funds, Aims To Become Stablecoin Reserve Manager Ahead Of CLARITY Act

BlackRock has expanded its digital asset footprint by launching two new tokenized money market products, the BlackRock Select Treasury Based Liquidity Fund (BSTBL) and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV). The BSTBL fund features a tokenized share class on the Ethereum blockchain, with BNY Mellon serving as the transfer agent and tokenization provider. Simultaneously, the BRSRV fund is specifically engineered to serve as an eligible reserve asset for stablecoin issuers under the framework of the GENIUS Act. These launches follow the success of BlackRock's BUIDL fund, which reached approximately $2.5 billion in assets since its inception in March 2024. By integrating these cash management capabilities directly into digital ecosystems, BlackRock aims to meet the growing demand for high-quality, on-chain liquidity solutions. While these products signal institutional confidence in tokenized finance, broader regulatory progress remains uncertain, with prediction markets estimating only a 30% chance for the passage of the CLARITY Act this year. This strategic move underscores the firm's commitment to bridging traditional financial instruments with the evolving needs of crypto-native investors and stablecoin issuers.

#Ethereum #Stablecoins #BlackRock

finance.yahoo.com·Aug 3, 20269.5

U.S. Treasuries

BlackRock Files to Launch Tokenized Fund Shares on Solana

BlackRock has officially filed with the U.S. Securities and Exchange Commission to issue tokenized fund shares on the Solana blockchain. This initiative centers on the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), a product designed to provide a regulated, short-term fixed-income instrument for institutional investors. By leveraging Solana’s high-speed and cost-effective infrastructure, the world’s largest asset manager, overseeing approximately $15 trillion, aims to bridge traditional cash management strategies with blockchain technology. This move represents a significant shift in institutional crypto adoption, as it integrates regulated financial products directly into a public, high-performance network. The filing underscores a growing trend of major financial institutions seeking to modernize asset issuance through distributed ledger technology. If approved, the BRSRV could catalyze increased institutional capital inflows into the crypto ecosystem and influence how other major firms approach tokenized assets. The success of this venture will likely depend on regulatory clearance and the continued operational performance of the Solana network in handling institutional-grade financial products.

#Solana #BlackRock #TokenizedFunds

coinfomania.com·Aug 3, 20269.5

Active Strategies

Federated Hermes explores blockchain and tokenized funds as CEO calls digital asset efforts 'early stage'

Federated Hermes, a global investment manager with $778.9 billion in assets under management, is actively exploring blockchain technology and the potential for tokenized investment funds. During the company's second-quarter earnings call, CEO J. Christopher Donahue characterized these digital asset initiatives as being in the early stages of development. While the firm has not yet launched a specific tokenized product, management emphasized that they are closely monitoring the evolving landscape to determine how distributed ledger technology can enhance fund operations and distribution. This strategic interest reflects a broader trend among traditional asset managers seeking to modernize legacy financial infrastructure through tokenization. By evaluating blockchain integration, Federated Hermes aims to position itself for future shifts in how institutional and retail investors access financial products. The firm's cautious yet proactive approach highlights the ongoing institutional transition toward digital asset adoption within the traditional finance sector. This development is significant for the RWA market as it signals that major asset managers are moving beyond theoretical research toward potential implementation strategies.

#Blockchain #TokenizedFunds #AssetManagement

bizjournals.com·Jul 31, 20266.5

Credit (Private Credit)

HashKey Exchange Wealth Management Channel Launches First Private Credit Tokenized Product ACRED

HashKey Exchange has expanded its Wealth Management channel by launching ACRED, a tokenized feeder fund that allocates capital to the Apollo Diversified Credit Fund managed by Apollo Global Management. This product marks the platform's first foray into alternative credit assets, covering areas such as corporate direct lending, asset-backed lending, and special situations credit. By integrating this institutional-grade credit product, HashKey aims to diversify its existing portfolio of tokenized money market funds, gold-themed funds, and ETFs. The fund operates with a quarterly repurchase program capped at 5% of the fund level, reflecting the liquidity constraints inherent in private credit strategies. Subscription applications are processed daily, though execution and settlement are subject to the issuer's operational calendar rather than instant on-chain finality. Currently, ACRED tokens are restricted to the HashKey platform and cannot be transferred to external wallets. This development underscores the growing trend of licensed Hong Kong exchanges bridging traditional private credit markets with digital asset distribution frameworks. It highlights the platform's commitment to regulatory compliance under its SFC-licensed status while providing professional investors access to sophisticated alternative investment vehicles.

#PrivateCredit #TokenizedFunds #HongKong

panewslab.com·Jul 31, 20267.5

Active Strategies

Institutional Tokenization Milestone Achieved with XRP Ledger Support

Aviva Investors has officially launched its inaugural tokenized fund share class on the XRP Ledger, signaling a major step forward in the integration of traditional finance with blockchain technology. This initiative leverages Ripple’s enterprise-grade infrastructure to enhance capital market efficiency and transparency, supported by Komainu as the strategic digital asset infrastructure partner. By utilizing the XRP Ledger, Aviva Investors aims to modernize fund distribution and management processes, reflecting a broader trend of institutional adoption within the financial sector. The collaboration underscores the increasing reliance on specialized digital asset infrastructure to bridge the gap between legacy systems and decentralized networks. This development is significant for the RWA market as it demonstrates that major investment managers are actively deploying tokenized products on public-facing enterprise blockchains. While the broader crypto market experiences mixed momentum, this move highlights the growing utility of the XRP Ledger for institutional-grade financial applications. Ultimately, the successful deployment of this share class may serve as a blueprint for future tokenized financial products, potentially driving further institutional interest and demand for blockchain-based asset management solutions.

#XRP Ledger #InstitutionalFinance #TokenizedFunds

coinfomania.com·Jul 29, 20267.5

U.S. Treasuries

Discover Spiko: Uses, Safe Dosage, and Must-Know Side Effects

Spiko operates as a regulated financial infrastructure provider that bridges traditional cash management with blockchain technology. By tokenizing money market funds, the company enables businesses and institutions to access short-term yield with greater liquidity and programmability than traditional banking systems. Unlike many crypto-native projects, Spiko focuses on compliance, having launched what it describes as Europe’s first approved tokenized money market funds. The platform allows users to hold and transfer regulated assets like EUTBL, USTBL, and SAFO on-chain, facilitating integration into modern treasury workflows. This approach addresses inefficiencies in corporate cash management, such as clunky onboarding and limited transferability of traditional fund shares. By prioritizing regulatory adherence and practical utility, Spiko aims to make tokenized assets a functional part of the broader financial capital base. Its model demonstrates a shift toward using blockchain as a backend for institutional treasury operations rather than speculative trading.

#RWA #TokenizedFunds #TreasuryManagement

phemex.com·Jul 29, 20267.5

Infrastructure

State Street lands first external client for tokenized fund servicing

State Street has secured its first external client, a major European asset manager, for its tokenized fund servicing platform based in Luxembourg. This development follows the bank's April announcement to provide administration, custody, and transfer agency services for tokenized money market funds. The initiative leverages State Street's Digital Asset Platform, which utilizes custody and tokenization technology provided by Taurus. By expanding its services to external clients, the bank is positioning itself to compete directly with established players like Clearstream, Euroclear, and Apex Group. This move signifies a broader institutional shift toward integrating distributed ledger technology into traditional fund administration workflows. The expansion into Luxembourg is particularly significant given the region's status as a global hub for investment funds. As traditional financial institutions continue to adopt DLT, the infrastructure for tokenized assets is becoming increasingly robust and competitive.

#InstitutionalFinance #TokenizedFunds #Luxembourg

ledgerinsights.com·Jul 24, 20268.0

U.S. Treasuries

BNB Chain Becomes Main Network For Franklin Templeton’s Benji Assets

BNB Chain has emerged as the primary host for Franklin Templeton’s Benji platform, currently securing approximately $1.5 billion in tokenized money market fund assets. This figure accounts for 61.7% of the platform’s total $2.44 billion under management, effectively surpassing both Stellar and Ethereum in asset distribution. While Benji remains a multi-chain platform, this shift highlights a growing institutional preference for high-throughput, low-cost networks for real-world asset settlement. The development challenges the assumption that Ethereum is the default choice for institutional tokenization, signaling that cost-efficiency and operational reliability are becoming critical factors for asset issuers. By attracting significant institutional capital, BNB Chain gains increased credibility beyond its traditional retail and DeFi focus. This trend underscores a broader market evolution where tokenized finance is becoming a competitive landscape for blockchain networks seeking to host credible financial products. Ultimately, the multi-chain nature of Benji demonstrates that institutional assets are increasingly fluid, moving toward environments that offer the optimal balance of infrastructure, security, and transaction costs.

#RWA #InstitutionalDeFi #FranklinTempleton

bitcoinist.com·Jul 24, 20268.5

#TokenizedFunds

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