BlackRock BUIDL and VanEck VBILL tokenized funds shareholders will now be allowed to exchange their shares for Ripple’s RLUSD, a US dollar-pegged stablecoin, in a new partnership between Securitize and Ripple. This new feature was announced on September 23 in a press release published on Securitize’s website. Securitize is the company behind BlackRock’s, VanEck’s, and other institutions’ tokenization activities, being a world leader in tokenizing real-world assets with over $4 billion AUM as of May 2025. ...

BlackRock’s Bitcoin and Ether ETFs are now bringing in more than $260 million annually, according to figures shared by Leon Waidmann, head of research at the Onchain Foundation (formerly the Lisk Foundation). In less than two years, BlackRock’s ETFs have earned a quarter-billion dollars, with $218 million from Bitcoin products and $42 million from Ethereum products. According to Waidmann, “this isn’t experimentation anymore. The world’s largest asset manager has proven that crypto is a serious profit cen ...

Core Insights - Morgan Stanley is set to launch crypto trading for retail clients through its E-Trade division in the first half of 2026, marking a significant move into digital assets [1][2] - The initiative is part of a broader digital asset strategy, with the bank developing a robust wallet infrastructure for custody of client digital assets [3][4] - The announcement contrasts with recent recommendations from the bank's CIO, who favored gold over Bitcoin as a hedge against inflation [5][6] Group 1 - Morgan Stanley will begin offering crypto trading via a partner model with Zerohash for liquidity, custody, and settlement [2] - The head of wealth management at Morgan Stanley described the crypto trading initiative as "the tip of the iceberg" in terms of their digital asset strategy [3] - The bank is focusing on tokenization, which is expected to disrupt wealth management by bringing traditional assets onto blockchains [4] Group 2 - The CIO of Morgan Stanley recently recommended a portfolio strategy excluding Bitcoin, suggesting a 20% allocation to gold instead [5][6] - Despite Bitcoin's significant year-over-year rally of nearly 80%, the CIO cited its volatility and regulatory uncertainties as reasons for its exclusion from inflation hedging strategies [6] - The bank's shift towards crypto trading indicates a potential change in its investment approach, moving towards embracing digital assets [1][5]

$1.3% million. That's what Bitcoin could be worth in 10 years from now, according to Matt Hugan, CIO of Bitwise. This isn't just a wild guess.It's the result of a detailed Bitwise report prepared for institutional clients. The number of investors who own crypto is rising very rapidly. Bitcoin will take 25% of the store value market, which includes Bitcoin and gold by 2035.From my perspective, that's actually a very conservative forecast. In this video, we dive into Hugan's thesis and challenge his main assu ...

Core Insights - Y Combinator is collaborating with Base and Coinbase Ventures to foster the development of "Fintech 3.0" companies [1] - The initiative aims to expand the use of stablecoins, tokenize assets, and create consumer-facing applications [2] - This effort aligns with ongoing regulatory developments in the U.S. regarding cryptocurrency and stablecoin legislation [4] Group 1 - Y Combinator, Base, and Coinbase Ventures are seeking applications for "Fintech 3.0" companies [1][2] - Themes of interest include expanding stablecoins into local currencies and tokenizing various assets [2] - The collaboration aims to enhance on-chain business models and promote global economic participation [3] Group 2 - The GENIUS Act is a new U.S. law aimed at providing clarity for stablecoin regulations [4] - U.S. lawmakers are also working on broader legislation to structure the cryptocurrency market [4]

Partnerships and Integrations - Ripple partnered with Securitize to allow holders of BlackRock's BUILD and VanEck's VBILL to exchange their shares for RLUSD, preserving exposure to on-chain yield and DeFi capabilities [1] - Securitize is integrating with the XRP Ledger to expand access and utility to the XRP ecosystem [1] - Ripple partnered with DBS Bank and Franklin Templeton to establish repo markets powered by tokenized collateral and stablecoins [1][10] - Ripple announced a partnership with BBVA [1][20] Tokenization and Institutional Adoption - Tokenization platforms currently hold approximately $17 billion and have over 399,000 holders, enabling trillions of dollars to enter tokenization in the coming years [1] - Securitize is the leading platform in the tokenization space with $3 billion tied to it, including funds from BlackRock, Apollo, VanEck, and Hamilton Lane [1] - BlackRock reported new assets under management in 2025 at $125 trillion, while Morgan Stanley has $167 trillion in assets [1] - Hamilton Lane has $9477 billion in assets, Apollo has $840 billion, and VanEck has nearly $2 billion [1] - Tokenized treasuries are becoming a core part of crypto market infrastructure [6] ROUSD Stablecoin - ROUSD is Ripple's fully reserved stablecoin backed 1:1 by USD deposits and short-term treasuries, issued under a New York Department of Financial Services Trust Charter with over $700 million in market capitalization [2][17][18] - ROUSD is designed for institutional use and DeFi composability, with qualified fund holders able to swap BUILD and VBILL for RLUSD [3] - ROUSD's value on-chain has nearly increased tenfold since the beginning of the year [8] - ROUSD is expanding into Africa [20] - Ripple and SBI plan to distribute ROUSD in Japan [21] XRP Ledger and Ecosystem - The XRP Ledger has surpassed over $356 million in tokenized assets [7] - Securitize is integrating with the XRP Ledger to expand access and bring new utility and assets to the XRP Ledger ecosystem [5] - ROUSD and XRP Ledger are expected to become a key pair [9] - Vert Capital has over $135 million tied to XRP [22] - Control Alt has $22 million tied to XRP [23]

Core Insights - Forward Industries plans to tokenize its equity on the Solana blockchain in partnership with Superstate, aiming to bridge traditional brokerage accounts and Solana wallets, potentially enabling 24/7 trading and near-instant settlement [1][2] - The initiative is seen as a significant step towards integrating traditional finance with decentralized finance (DeFi), contingent on regulatory approval and shareholder acceptance [2][9] Tokenization and DeFi Integration - Forward intends to make tokenized FORD stock available as collateral in decentralized finance, collaborating with Solana-based lending protocols like Drift, Kamino, and Jupiter Lend [3] - If successful, this would allow investors to borrow against their tokenized holdings, enhancing liquidity and expanding the stock's use cases [3] Strategic Moves and Treasury Holdings - The company has made aggressive moves in the Solana space, including a $1.65 billion private investment in public equity (PIPE) deal and filing for an at-the-market (ATM) equity program of up to $4 billion [5] - Forward's treasury currently holds approximately 17.11 million SOL, valued at about $4 billion, representing nearly 3% of Solana's total token supply, making it the largest corporate holder of Solana [6] Positioning in Capital Markets - By linking its equity to Solana and exploring DeFi integrations, Forward is positioning itself as a bridge between Nasdaq-listed stocks and blockchain-native capital markets [7] - The success of this strategy could set a precedent for other firms with significant crypto treasuries to tokenize their equity [7] Future Considerations - The success of Forward's tokenization plan hinges on regulatory clarity and shareholder willingness to adopt tokenized equity, which could transform FORD stock into both a security and a DeFi asset [9] - A positive regulatory outcome would facilitate global trading and faster settlement, while setbacks could reveal challenges in tokenizing regulated equities in the current U.S. environment [9]

Core Insights - Morgan Stanley is expanding its digital asset offerings through a partnership with Zerohash, enabling E*Trade clients to trade bitcoin, ether, and solana by the first half of 2026 [1] - The initiative is part of a broader crypto strategy that aims to provide a comprehensive wallet solution in the future [1][2] Group 1: Digital Asset Strategy - The bank's head of wealth management, Jed Finn, emphasized the importance of integrating traditional and digital assets within a single ecosystem [2] - Morgan Stanley is developing an asset-allocation framework that will allow clients to have varying levels of crypto exposure based on their investment goals [3] Group 2: Technological Infrastructure - The underlying blockchain technology is recognized as proven and is expected to remain a significant part of the financial landscape [2] - Morgan Stanley is also investigating tokenization to enhance back-office efficiencies, including settlement and clearing processes [3]

Core Insights - Morgan Stanley is preparing to offer crypto trading to retail customers through its E-Trade division, marking a significant shift in the wealth management industry [1][2] - The firm is collaborating with startup Zerohash for liquidity, custody, and settlement related to crypto trading, with plans to launch in the first half of 2026 [2] - Morgan Stanley is developing a robust wallet infrastructure to act as a custodian for digital assets, indicating a broader strategy beyond just crypto trading [3] Group 1 - Morgan Stanley views the introduction of crypto trading as a transformative moment for the wealth management industry [1] - The partnership with Zerohash includes an investment stake from Morgan Stanley, highlighting the firm's commitment to the crypto space [2] - The head of wealth management at Morgan Stanley, Jed Finn, emphasizes the potential of cryptocurrency and related technologies, suggesting a comprehensive approach to digital assets [3]

Ripple’s Stablecoin Debuts on BlackRock-Backed Tokenization Platform► https://t.co/Qyso6FYp4s https://t.co/Qyso6FYp4s ...