Core Insights - The Depository Trust & Clearing Corporation (DTCC) is set to tokenize US Treasury securities on the Canton Network, marking a significant endorsement of cryptocurrency by traditional finance [1][2] - This initiative reflects a broader trend where traditional financial institutions are increasingly engaging in tokenization efforts, with the market for real-world assets on blockchains projected to reach $410 billion by 2025 [3] Group 1: Tokenization and Blockchain Adoption - The move to tokenize assets is seen as a major advancement for blockchain technology, following recent regulatory approvals from the SEC for asset tokenization [3][6] - The Canton Network is designed to align with existing market operations and regulatory frameworks, aiming for secure scalability at institutional levels [2] Group 2: Industry Reactions - Some industry experts express concerns that the choice of the Canton Network may reinforce existing intermediaries like DTCC and Broadridge, which could hinder the disruptive potential of tokenization [4][5] - Critics argue that the primary goal of tokenization should be to eliminate intermediaries, and the permissioned nature of Canton may undermine this objective [5]

Core Insights - Coinbase is expanding its product offerings to create an "everything exchange" that allows users to trade a variety of assets beyond just cryptocurrencies [1][2] - The new features include stock and ETF trading, prediction markets, and an AI-powered financial advisor [1][6] Product Expansion - Starting Wednesday, US users can trade stocks and ETFs 24/5 in the Coinbase app alongside cryptocurrencies [2] - Users will have a unified experience with one account, one portfolio view, and one transaction history for both stocks and cryptocurrencies [3] - Coinbase plans to launch Coinbase Tokenize next year, enabling users to tokenize stocks and other real-world assets [3] Decentralized Exchange Integration - Coinbase will integrate trading on Jupiter, a Solana-based decentralized exchange aggregator, within its app [4] - This marks the first expansion of in-app decentralized exchange trading, which was previously limited to the Base layer 2 blockchain [4] - The integration will significantly increase the number of crypto assets available for trading on Coinbase [5] Prediction Markets and AI Features - Coinbase will introduce prediction markets for US users through a partnership with Kalshi, with plans to support contracts from other platforms in the future [6] - An AI-powered investment advisor will be available to recommend investments in stocks, cryptocurrencies, and event contracts [6]

Bitcoin rebounds have weakened, and the coin’s price may drop as low as $60,000 in the short term, market watcher warns. Georgii Verbitskii, founder of the crypto investment platform TYMIO, told DL News that an extended period of consolidation or correction is a “likely scenario” for Bitcoin prices in the short term. “Despite the recent pullback into the $80,000 to $90,000 range, a deeper downside — including moves toward $70,000 or even $60,000 — cannot be ruled out,” he said. His comments come in the ...

https://t.co/hcDm4vdblb is partnering with Dubai Multi-Commodities Centre (@DMCCAuthority) to explore new blockchain-enabled applications to strengthen the global commodities trade.The agreement will push tokenisation deeper into the global commodities market and lay the groundwork for next-generation trade infrastructure.We are proud to work with DMCC as it helps Dubai’s business sector thrive.Read more here: https://t.co/IuKIGjCcaO ...

Core Insights - The US financial infrastructure is moving towards blockchain technology with the DTCC receiving a no-action letter from the SEC, allowing for the tokenization of real-world assets [1][3] - The digital versions of securities will maintain the same ownership rights and investor protections as traditional securities, potentially transforming the US securities market [2][4] - The initiative is part of a broader trend by the US government to create a crypto-friendly environment and modernize market technology [3][5] Group 1 - The DTCC can now issue blockchain-based representations of highly liquid assets, including Russell 1000 stocks and treasury bills, following SEC approval [1][2] - The DTCC holds approximately $100 trillion in assets, indicating its significant role in the US securities market [2] - The rollout of this initiative on approved blockchains is anticipated in the second half of 2026 [4] Group 2 - The SEC and CFTC are making regulatory adjustments to support digital assets, with the CFTC launching a digital assets pilot program that includes major cryptocurrencies [5] - The CFTC is also providing regulatory clarity for tokenized collateral related to real-world assets like US Treasuries [5] - SEC chair Paul Atkins is focused on overhauling crypto regulations to ensure long-term stability and prevent future administrations from reversing progress [6]

RWA Market Growth - Avalanche (AVAX) RWA (Real World Assets) ecosystem experienced significant growth, exceeding 500% in the past year [1] - Avalanche's Total Value Locked (TVL) ranks 4 among all blockchains [1] Institutional Adoption - Institutions are building on Avalanche due to its infrastructure and solutions to real-world problems [1] - Avalanche is positioned to drive institutional adoption [1] Future Potential - Potential for Avalanche to become the leading chain for RWA and tokenization [2]

“Tokenisation can modernise the infrastructure that still makes parts of the financial system slow and costly, bringing more people into the world’s most powerful engine of wealth creation,” argue the BlackRock executives https://t.co/2rYf95bR3J ...

On-Chain Asset Transformation - Transforming assets into a form that on-chain investors are willing to embrace is crucial [1] - The challenge is reshaping assets for on-chain investors to use, trade, and exit within their market structure [2] On-Chain Capital Pool - There is a large and growing pool of capital on-chain, including stablecoins and crypto treasuries [1] - This on-chain capital amounts to hundreds of billions of dollars globally [1] - This capital is increasingly seeking real yield and institutional-grade assets [1] On-Chain Investor Expectations - On-chain allocators don't want to revert to traditional custodians or settlement processes [2] - On-chain investors have different liquidity needs, access requirements, investment sizes, and jurisdictional preferences compared to traditional buyers [2] - On-chain investors expect assets to meet them where they already are: on-chain [2] R3 and Solana - R3 is bringing something to Solana [3] - Richard G Brown will be speaking at Solana Breakpoint from December 11-13 [3]

“Tokenisation could advance at the pace of the internet—faster than most expect, with enormous growth over the coming decades,” predict Larry Fink and Rob Goldstein. Yet “it won’t replace the existing financial system any time soon” https://t.co/0UprXzPehS ...

The rapid rise of tokenisation risks repeating China's earlier boom-and-bust cycle in peer-to-peer lending unless clear industry standards are established to ensure discipline and innovation, according to a senior Chinese asset manager. Some multilevel marketing companies in mainland China have already started holding meetings discussing real-world asset (RWA) tokenisation projects over the past year, raising "genuine concerns" that the nascent industry might be heading towards a peer-to-peer-style crisis ...