Core Insights - Franklin Templeton is adapting its institutional money market funds to align with blockchain-based finance, targeting the expanding market for tokenized assets and regulated stablecoins [1][3] Group 1: Fund Modifications - The Western Asset Institutional Treasury Obligations Fund (LUIXX) has been updated to comply with the GENIUS Act, which establishes reserve standards for regulated stablecoins, now holding only short-term U.S. Treasuries with maturities under 93 days [2] - The Western Asset Institutional Treasury Reserves Fund (DIGXX) has introduced a Digital Institutional Share Class for distribution on blockchain platforms, allowing for on-chain recording and transfer of fund shares [3] Group 2: Market Positioning - As stablecoins gain traction in payments and settlements, regulated reserve products like LUIXX are positioned to play a crucial role in the financial infrastructure [3] - Franklin Templeton's Head of Digital Assets emphasized the importance of making traditional funds more accessible and useful in the blockchain space, rather than questioning their capabilities [4] Group 3: Recent Developments - Franklin Templeton has been increasingly integrating blockchain technology, having launched a tokenized money market fund in Hong Kong in November and expanded its Benji Technology Platform to the Canton Network during the same month [5]

Core Insights - Morgan Stanley is set to launch its own digital wallet in the latter half of 2026, marking a significant move towards integrating blockchain technology into traditional finance services [1][9] - The bank has been gradually increasing its involvement in the crypto sector, exploring various avenues such as offering bitcoin exposure and advising on digital asset strategies [2][6] - The in-house wallet aims to streamline client access to tokenized assets, catering to high-net-worth individuals and institutional investors [3][4] Digital Wallet Development - The wallet is designed to support multiple types of digital tokens beyond cryptocurrencies, functioning as a comprehensive storage solution for seamless transactions [4] - This initiative aligns with industry trends where traditional financial institutions are tokenizing real-world assets to enhance liquidity and efficiency [5] Competitive Landscape - Morgan Stanley's recent application for spot ETFs tracking major cryptocurrencies indicates a multifaceted strategy to capture market share in the digital economy [6][7] - The combination of ETF products and a proprietary wallet could create an ecosystem appealing to both retail and professional investors, potentially bridging traditional banking and crypto services [7] Market Context - The move reflects growing confidence in blockchain stability, with Bitcoin recently surpassing previous highs amid renewed institutional interest [8] - The global tokenized asset market is projected to reach trillions in value over the next decade, presenting substantial potential rewards for Morgan Stanley [9]

Group 1: Market Outlook and Predictions - The cryptocurrency market has experienced significant volatility in 2025, with major altcoins trading below their all-time highs (ATHs) [1] - Prominent crypto experts express optimism for 2026, anticipating potential recovery and growth in the market [1] Group 2: Stablecoins as Financial Infrastructure - BlackRock emphasizes the role of stablecoins as essential financial infrastructure for payments, settlement, and liquidity, moving beyond speculative trading [2] - Samara Cohen from BlackRock states that stablecoins are bridging traditional finance and digital liquidity, indicating their growing importance [3] Group 3: Bitcoin Price Predictions - Grayscale forecasts that Bitcoin will reach a new ATH in the first half of 2026, driven by clearer U.S. policies and increasing institutional demand [4] - The firm believes that macro liquidity and regulation will play a significant role in Bitcoin's price movements, moving away from the traditional halving cycle [4] Group 4: Market Structure and Future Trends - Coinbase predicts that market structure will define the crypto landscape in 2026, with a focus on perpetual futures, prediction markets, and stablecoins [5][6] - The stablecoin market cap is projected to reach approximately $1.2 trillion by 2028, highlighting its significance in real-world applications [6] Group 5: Tokenized Assets and Real-World Use Cases - Galaxy's report indicates that tokenized assets will gain traction in mainstream collateral and capital markets, alongside stablecoins processing more volume than U.S. ACH [5] - Public chains are expected to innovate in value capture, with at least one Layer 1 (L1) blockchain likely to develop a revenue-generating application [5]

Tokenized Assets Overview - Token Terminal's 'Tokenized assets' dashboard tracks over 1,800 assets [1] - The tracked assets include stablecoins, tokenized funds, stocks, and commodities [1]

Tokenized Assets Overview - The 'Tokenized assets' dashboard features over 1,800 assets [1] - Assets include stablecoins, tokenized funds, stocks, and commodities [1]

Core Insights - Coinbase projects that the stablecoin market will reach $1.2 trillion by 2028 as the cryptocurrency sector matures into institutional-grade assets, moving away from its previous speculative nature [1][9] - The cryptocurrency market has entered a new phase characterized by clearer regulations, corporate adoption, and reduced volatility, with Bitcoin's 90-day volatility now comparable to major tech stocks [2] Market Dynamics - The total crypto market cap peaked at $4.2 trillion in 2025 before correcting to $3.0 trillion, indicating a significant shift in market dynamics [2] - Spot Bitcoin ETFs have driven long-term demand, accumulating $58 billion since their launch, which has helped stabilize the market and reduce volatility [4] Stablecoin Growth - Transaction volumes for stablecoins reached $47.6 trillion in 2025, with expectations for the market cap to quadruple to $1.2 trillion by 2028 [9][10] - The supply of stablecoins is growing at a compound annual rate of 30-40%, driven by payments, remittances, and treasury operations [10] Institutional Adoption - Publicly traded companies are increasingly allocating significant portions of their balance sheets to cryptocurrencies, with digital asset treasuries holding over 4% of Ethereum's circulating supply by year-end [4] - Ethereum has seen a rebound of nearly 250% from its April lows, driven by institutional demand and spot ETF inflows [7] Future Outlook - Coinbase anticipates that ETF inflows will resume in 2026 as macroeconomic conditions improve [8] - The firm expects consolidation among issuer-backed stablecoins, leading to a few dominant digital currencies [10]

Grayscale says tokenized assets remain extremely small today—about 0.01% of global equity and bond markets—but could grow roughly 1,000x by 2030 as blockchain infrastructure matures and regulation becomes clearer. The firm expects this shift to drive significant on-chain activity on Ethereum (ETH), BNB, Solana (SOL), and Avalanche (AVAX), with Chainlink (LINK) playing a critical middleware role in enabling secure data flows.https://t.co/nneYSe7Pex ...

Core Insights - Ethereum's price has decreased by 27% over the past year, leading to investor anticipation for a positive shift in the cryptocurrency market [1] Group 1: Ethereum Upgrades - The upcoming Ethereum network upgrade, Glamsterdam, is not expected to significantly impact the coin's price, as its technical nature may not resonate with average users [3][5] - Previous upgrades, such as Pectra and Fusaka, have already improved the network's functionality, making the benefits of Glamsterdam largely theoretical [4][6] Group 2: Institutional Adoption - The total supply of stablecoins in the crypto sector is approximately $309.5 billion, with Ethereum holding a 54% share, equating to about $165.1 billion in circulating stablecoins [7][8] - Financial institutions are predicted to increasingly adopt Ethereum, enhancing its stablecoin base and capital flow within the ecosystem [9]

RT Leon Waidmann 🔥 (@LeonWaidmann)For 2026, I expect tokenized stocks and commodities to grow fastest on a relative basis.🔹 Tokenized assets just hit a new ATH around ~$330B🔹 Prior peak was roughly ~$160B to $180B in 2021 to 2022🔹 Trough sat around ~$120B in 2023🔹 That is ~2.7x from trough to new highs https://t.co/ZDFcfiKl7V ...

RT Token Terminal 📊 (@tokenterminal)🆕📊 20 new charts added to the Tokenized assets dashboard.Link in the comments 👇 https://t.co/ZyIRdmUVwX ...