#TreasuryManagement

22 articles tagged #TreasuryManagement — curated RWA tokenization coverage.

Citi CEO Says Corporate Finance Wants Tokenized Deposits, Not Stablecoins
Infrastructure

Citi CEO Says Corporate Finance Wants Tokenized Deposits, Not Stablecoins

During Citigroup’s third-quarter 2026 earnings call, CEO Jane Fraser highlighted that institutional clients are increasingly favoring tokenized bank deposits over stablecoins for corporate treasury operations. Fraser noted that tokenized deposits offer a more seamless integration with existing accounting, tax, and compliance frameworks compared to the complexities associated with stablecoins. Citi’s token services are currently operational across seven global markets, facilitating 24/7 clearing and efficient internal fund transfers. This shift underscores a broader trend where banks are leveraging blockchain technology to maintain control over corporate cash management as ERP platforms and AI automate treasury decisions. By providing programmable money within the regulated banking system, Citi aims to capture the economic value generated by the daily movement and storage of corporate funds. The bank reported that its Treasury and Trade Solutions (TTS) average deposits reached approximately $1.04 trillion, marking a 16% year-over-year increase. This development signals that the future of digital payments may be defined by compatibility with traditional financial operations rather than just transaction speed.

pymnts.com·Oct 13, 20268.0
Crypto Treasury Management Must Evolve for Tokenized Future
Infrastructure

Crypto Treasury Management Must Evolve for Tokenized Future

Morgan Stanley analyst Amy Oldenburg recently projected that the tokenized real-world asset market could reach between $3 trillion and $10 trillion by 2030, highlighting a significant shift in corporate treasury management. While the bank has delayed its own tokenized equity offerings until Q1 2027, the broader industry is moving toward integrating on-chain assets with traditional fiat operations. This evolution requires treasury teams to manage hybrid liquidity pools that combine bank-deposit fiat with digital assets like tokenized Treasuries or stablecoins. The operational challenge lies in bridging the gap between traditional banking rails and blockchain settlement, which currently operate in separate, inefficient silos. Companies like OneSafe are emerging to provide unified interfaces that handle both fiat accounts and crypto custody, aiming to streamline cross-border payments and payroll. As institutional custody solutions from firms like Standard Chartered mature, the focus for finance leads is shifting toward robust policy engines and role-based permissions. Ultimately, the transition to on-chain assets is not merely a product update but a fundamental change in how organizations handle liquidity, counterparty risk, and settlement speed.

onesafe.io·Oct 13, 20267.5
How a Tier-1 insurer moved treasury capital on-chain
Infrastructure

How a Tier-1 insurer moved treasury capital on-chain

A major South Korean life insurer has successfully deployed treasury capital into a yield-bearing tokenized money market fund using the XRP Ledger. The project utilized a three-party operating model to ensure compliance with local regulations while maintaining institutional-grade custody standards. By leveraging Ripple USD (RLUSD) for fiat-to-token conversion, the firm achieved T+0 settlement speeds for its treasury operations. The implementation featured native token controls that restricted fund unit holdings exclusively to pre-verified, authorized entities. This deployment demonstrates how traditional financial institutions can integrate blockchain infrastructure while satisfying rigorous audit and oversight requirements. The successful execution highlights the growing institutional demand for tokenized assets that offer both yield and operational efficiency. This case study serves as a blueprint for other large-scale financial entities looking to transition treasury management onto distributed ledger technology.

ripple.com·Oct 8, 20267.5
Ant International extends tokenized deposit partnerships with HSBC, OCBC
Infrastructure

Ant International extends tokenized deposit partnerships with HSBC, OCBC

Ant International has significantly expanded the reach of its WhaleRTP treasury management platform by deepening its tokenized deposit partnerships with HSBC and OCBC. The platform, which utilizes distributed ledger technology to facilitate real-time cross-border settlements, now supports 20 global banks and over 17 currencies. A key development in this expansion is the integration of the Middle East, where Ant International has successfully piloted tokenized dirham transactions and cross-border US dollar transfers between the UAE, Hong Kong, and Singapore. By leveraging tokenized deposits, the firm aims to streamline liquidity management and reduce settlement times across its global financial corridors. This move underscores the growing institutional adoption of DLT-based treasury solutions to replace traditional, slower payment rails. The collaboration highlights how major financial institutions are increasingly comfortable utilizing tokenized deposits to manage complex multi-currency treasury operations. As Ant International targets the establishment of a regional treasury hub in the Middle East, the project serves as a practical case study for the scalability of tokenized deposits in international corporate finance.

ledgerinsights.com·Oct 7, 20267.5
Ant International and HSBC Launch Real-Time Tokenised Treasury Management in the Middle East
Infrastructure

Ant International and HSBC Launch Real-Time Tokenised Treasury Management in the Middle East

Ant International and HSBC have expanded their partnership to implement real-time treasury management in the Middle East using tokenized deposits. By integrating HSBC's Tokenised Deposit Service (TDS) into Ant International's proprietary WhaleRTP blockchain platform, the firms successfully executed intra-UAE dirham transfers and cross-border US dollar payments. This initiative marks the first adoption of HSBC's TDS in the Middle East, supporting 24/7 liquidity across 17 currencies including AED, USD, and HKD. The collaboration leverages blockchain to bypass traditional settlement delays and manual reconciliation processes inherent in legacy correspondent banking. This development is significant for the RWA market as it demonstrates the transition of tokenized deposits from experimental pilots to functional, cross-border corporate utility. By establishing a regional treasury hub, the partnership highlights the Middle East's growing role as a testing ground for digital finance infrastructure. Ultimately, the success of this model underscores the critical need for interoperability between proprietary bank networks to prevent the formation of liquidity silos.

ffnews.com·Oct 7, 20268.0
Cash That Moves, Cash That Earns: Onchain for Treasurers
Infrastructure

Cash That Moves, Cash That Earns: Onchain for Treasurers

Corporate adoption of on-chain treasury management is shifting from theoretical interest to practical implementation, as evidenced by ArcelorMittal’s focus on international intercompany transfers. While the underlying technology, including MPC-based custody and stablecoin settlement, is deemed mature, organizational hurdles remain the primary bottleneck for large-scale integration. Companies are increasingly utilizing a 'stablecoin sandwich' model, where fiat is converted to stablecoins for rapid cross-border transfer and immediately converted back to fiat upon arrival. This approach allows firms to bypass traditional correspondent banking delays while avoiding the regulatory and accounting complexities of holding stablecoins as cash equivalents. Security concerns are being addressed through sophisticated policy engines and multi-party computation, moving the focus from key theft to governance and transaction authorization. Experts suggest that banks will act as the primary catalysts for broader adoption by bundling custody, liquidity, and privacy services into unified offerings. Ultimately, the transition is moving from a question of technical feasibility to one of internal change management, compliance alignment, and regulatory clarity regarding accounting treatments.

thebigwhale.io·Sep 24, 20267.5
SonicStrategy Acquires 500,000 SYN Tokens, Expanding Treasury Exposure to On-Chain Derivatives
Active Strategies

SonicStrategy Acquires 500,000 SYN Tokens, Expanding Treasury Exposure to On-Chain Derivatives

SonicStrategy Inc. has expanded its corporate treasury by acquiring 500,000 SYN tokens for approximately US$115,000, marking its entry into on-chain derivatives. The investment targets the Synapse ecosystem, specifically supporting the development of Hypercall, an options protocol built for the Hyperliquid decentralized trading platform. This move reflects a strategic pivot by the publicly traded infrastructure firm to capture value from emerging on-chain financial products. Management anticipates that the proposed SYN token economic model, which includes potential fee-based buybacks, will align protocol activity with token demand. By integrating into the Hyperliquid ecosystem, SonicStrategy aims to capitalize on the broader migration of financial activity and real-world asset tokenization to blockchain networks. The company views this acquisition as a foundational step in diversifying its digital asset holdings beyond its core validator operations. This development highlights the growing trend of public companies utilizing decentralized finance protocols to manage treasury assets and gain exposure to specialized on-chain infrastructure.

newsfilecorp.com·Sep 23, 20265.5
Ripple hires LME treasury chief for tokenization push
Infrastructure

Ripple hires LME treasury chief for tokenization push

Ripple has appointed Joseph Thompson, the outgoing head of treasury at the London Metal Exchange, to bolster its institutional tokenization strategy. Thompson brings over 15 years of experience in liquidity management, collateral risk, and clearing operations from his previous roles at the LME, Deutsche Bank, and ICAP. This strategic hire aligns with Ripple's ongoing expansion beyond cross-border payments into the issuance and management of funds, bonds, and other real-world assets. While Ripple has not disclosed a specific title or product roadmap for Thompson, his background in commodities and clearing infrastructure is expected to support the company's broader capital-markets goals. The move follows Ripple's recent acquisition of Hidden Road and the launch of its Ripple Prime institutional trading service. By integrating expertise in collateral mobility and regulated transfer agency, Ripple aims to bridge traditional financial infrastructure with blockchain-based asset management. This appointment underscores the company's commitment to building a comprehensive ecosystem for tokenized securities and institutional trading. The long-term impact on the RWA market remains dependent on future product disclosures and the specific integration of these treasury functions into Ripple's existing infrastructure.

crypto.news·Aug 30, 20267.0
Stable Sea Expands Wisdomtree Relationship With Two New Tokenized Funds For Business Cash
Active Strategies

Stable Sea Expands Wisdomtree Relationship With Two New Tokenized Funds For Business Cash

Stable Sea has expanded its strategic partnership with WisdomTree by launching two new tokenized funds specifically designed for business cash management. These funds aim to provide corporate treasurers with efficient, blockchain-based alternatives for managing short-term liquidity and idle capital. By leveraging WisdomTree's established expertise in asset management and tokenization, Stable Sea seeks to bridge the gap between traditional financial instruments and decentralized finance infrastructure. This development signifies a growing trend of institutional-grade asset managers integrating tokenized products into corporate treasury workflows to enhance settlement speed and transparency. The expansion reflects the broader industry shift toward utilizing distributed ledger technology for high-utility, low-risk financial products. As more firms adopt these tokenized solutions, the RWA market gains further validation as a viable venue for institutional capital allocation. This move underscores the increasing demand for programmable, liquid assets that can be seamlessly integrated into modern digital treasury operations.

tradingview.com·Aug 25, 20267.5
Ant International partners Bank of China HK for cross border payments, including tokenization
Active Strategies

Ant International partners Bank of China HK for cross border payments, including tokenization

Ant International has entered a strategic partnership with Bank of China Hong Kong (BOCHK) to enhance real-time treasury management and cross-border payment capabilities. The collaboration integrates Ant International’s embedded finance business, Bettr, with BOCHK to explore blockchain-based innovations for investment and treasury operations. This agreement spans multiple Ant International services, including the Alipay+ digital wallet and the global account provider WorldFirst. Ant International has previously established itself as a primary client for tokenized deposit solutions, having partnered with major global institutions such as HSBC, JPMorgan, and Standard Chartered. By utilizing its Ant Whale treasury management platform, the company facilitates 24/7 global liquidity movement through tokenized deposits. Furthermore, the firm has expanded its strategy to include the use of tokenized money market funds to optimize yield on cash reserves. This partnership underscores the growing institutional adoption of distributed ledger technology to streamline complex international financial workflows.

ledgerinsights.com·Aug 21, 20267.5
SharpLink, Galaxy launch $125M on-chain yield fund
Active Strategies

SharpLink, Galaxy launch $125M on-chain yield fund

Sharplink, the second-largest Ethereum DAT, has partnered with Galaxy Digital to launch a $125 million on-chain yield fund. The initiative involves Sharplink committing $100 million of its existing Ethereum holdings, supplemented by $25 million in capital from Galaxy Digital. This fund aims to move beyond passive asset holding by actively deploying capital into various decentralized finance activities, including lending, liquidity provision, and restaking. Galaxy Digital will serve as the fund manager, responsible for evaluating opportunities, conducting due diligence, and mitigating risks such as smart contract failures and market volatility. This strategic shift allows Sharplink to potentially enhance the economic value of its $1.66 billion Ethereum treasury through active blockchain-based tactics. The move signifies a broader institutional trend of transitioning from passive crypto-asset ownership to active participation in on-chain financial markets. By diversifying yield generation strategies, Sharplink seeks to decouple its treasury performance from simple price appreciation of Ethereum.

AMBCrypto·Aug 8, 20267.5
BlackRock Rolls Out Two Tokenized Products for Cash Management
U.S. Treasuries

BlackRock Rolls Out Two Tokenized Products for Cash Management

BlackRock has expanded its digital asset strategy by launching two new tokenized cash management products designed for institutional clients. These offerings aim to modernize corporate treasury operations by utilizing blockchain technology to improve liquidity and reduce settlement times for short-term cash reserves. By representing traditional money market instruments as digital tokens, the firm provides institutional investors with enhanced auditability and programmable financial capabilities. This initiative follows BlackRock's previous entry into the digital asset space, including the launch of a spot Bitcoin ETF and a prior tokenized fund. The move signifies a major shift as the world's largest asset manager integrates blockchain into core financial infrastructure. While the products offer significant efficiency gains, they remain subject to ongoing regulatory scrutiny and competitive pressures within the fintech sector. Ultimately, BlackRock's scale is expected to accelerate industry-wide adoption of tokenized treasury solutions, potentially establishing a new standard for global liquidity management.

cryptorank.io·Aug 5, 20269.0
Discover Spiko: Uses, Safe Dosage, and Must-Know Side Effects
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.

phemex.com·Jul 29, 20267.5
Tokenized Money Market Funds could transform how companies manage cash, says Franklin Crypto CIO
U.S. Treasuries

Tokenized Money Market Funds could transform how companies manage cash, says Franklin Crypto CIO

Franklin Templeton's Crypto CIO Roger Bayston highlights the transformative potential of tokenized money market funds for corporate treasury management. By utilizing blockchain technology, these funds offer enhanced liquidity and operational efficiency compared to traditional financial instruments. The Franklin OnChain U.S. Government Money Fund (FOBXX) serves as a primary example, having already integrated blockchain rails to provide investors with transparent, real-time tracking of assets. This shift allows companies to manage cash reserves with greater precision while reducing the friction associated with legacy settlement systems. As institutional interest grows, the ability to programmatically interact with tokenized assets is becoming a critical differentiator for financial service providers. The integration of these funds into broader decentralized finance ecosystems signals a maturation of the RWA sector. Ultimately, this evolution suggests that tokenization will become a standard component of institutional capital management, bridging the gap between traditional finance and digital asset infrastructure.

coindesk.com·Jul 17, 20268.5
EBANX Speeds Cross-Border Fund Transfers With Kinexys
Infrastructure

EBANX Speeds Cross-Border Fund Transfers With Kinexys

EBANX has successfully integrated Kinexys by J.P. Morgan to overhaul its internal cross-border treasury operations across emerging markets. By replacing traditional correspondent banking infrastructure with this blockchain-based payment solution, EBANX reduced internal fund transfer times from over 24 hours to mere minutes. This transition allows for 24/7, near-real-time settlement between the company's internal accounts, effectively eliminating reliance on corridor-specific processing windows and local cut-off times. The shift provides EBANX with enhanced liquidity management, as the company no longer needs to maintain conservative prefunding buffers in its Singapore accounts. This implementation demonstrates the practical utility of blockchain technology in solving institutional-grade settlement inefficiencies within the global payments sector. By achieving greater transparency and predictability, EBANX is better positioned to scale its services for global merchants operating in Latin America, Africa, and Asia. Ultimately, this partnership highlights how institutional blockchain infrastructure can modernize legacy financial systems to support the demands of a high-velocity digital economy.

jpmorgan.com·Jul 10, 20267.5
BitGo CEO says single-digit percentages of bitcoin’s supply are ‘probably right’ for large holders amid Strategy’s sale
Active Strategies

BitGo CEO says single-digit percentages of bitcoin’s supply are ‘probably right’ for large holders amid Strategy’s sale

BitGo CEO Mike Belshe recently commented on the strategic asset allocation of large institutional bitcoin holders following MicroStrategy's decision to sell $216 million worth of its bitcoin holdings. Belshe suggested that maintaining single-digit percentages of total bitcoin supply is a prudent approach for major corporate entities to manage liquidity and risk. This perspective highlights the evolving maturity of institutional treasury management as companies integrate digital assets into their broader financial strategies. By balancing significant bitcoin exposure with periodic divestments, firms like MicroStrategy demonstrate a shift toward treating cryptocurrency as a dynamic component of corporate balance sheets. This development is significant for the RWA market as it signals a transition from pure accumulation to active treasury management of digital assets. Such institutional behavior provides a blueprint for how large-scale entities can navigate market volatility while maintaining long-term exposure to decentralized assets. The commentary underscores the growing necessity for sophisticated custody and liquidity solutions as institutional adoption of bitcoin continues to scale.

The Block·Jul 9, 20265.5
Scrypt Swiss Ag Integrates Franklin Templeton Benji to Tokenise Its Treasury Operations on Swiss-Licensed Infrastructure
U.S. Treasuries

Scrypt Swiss Ag Integrates Franklin Templeton Benji to Tokenise Its Treasury Operations on Swiss-Licensed Infrastructure

Scrypt, a Swiss-based crypto-native financial services firm, has integrated Franklin Templeton’s Benji Investments platform to tokenize its treasury operations. By leveraging the Benji platform, Scrypt gains access to the Franklin OnChain U.S. Government Money Fund (FOBXX), which is natively issued on the Stellar blockchain. This integration allows Scrypt to manage its corporate treasury assets more efficiently by utilizing tokenized money market funds that offer near-instant settlement and transparency. The move marks a significant step in the institutional adoption of blockchain-based financial products within the Swiss regulatory framework. By bridging traditional asset management with digital infrastructure, Scrypt enhances its liquidity management capabilities while maintaining compliance. This development underscores the growing trend of institutional players utilizing established tokenized funds to optimize capital efficiency. As more firms adopt these on-chain instruments, the RWA market moves closer to a standardized, interoperable ecosystem for institutional treasury management.

marketscreener.com·Jul 1, 20267.5
FirstRand Bank First to Advance Blockchain Treasury Management in South Africa With Kinexys by J.P. Morgan
Infrastructure

FirstRand Bank First to Advance Blockchain Treasury Management in South Africa With Kinexys by J.P. Morgan

FirstRand Bank has become the first financial institution in South Africa to utilize Kinexys by J.P. Morgan for blockchain-based treasury management. This integration enables the bank to execute near-instantaneous cross-border payments and settlement processes, significantly reducing the friction typically associated with traditional banking infrastructure. By leveraging J.P. Morgan’s Onyx-powered platform, FirstRand aims to enhance liquidity management and operational efficiency for its corporate clients. This development marks a critical milestone for the South African financial sector, signaling a shift toward institutional adoption of distributed ledger technology for high-value treasury operations. The move demonstrates how global banking giants are successfully exporting blockchain solutions to emerging markets to solve legacy settlement inefficiencies. As more banks adopt these programmable payment rails, the RWA market benefits from increased velocity of capital and improved transparency in cross-border transactions. This partnership underscores the growing trend of major financial institutions moving beyond pilot programs into live, production-grade blockchain treasury services.

ffnews.com·Jun 28, 20267.5

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