The Morning Minute (12.12)Powered by @yeet⏰Top News:-Crypto majors rebound after recent selloff; BTC back to $92k, SOL leads-Solana announced the launch of Firedancer live on mainnet-YouTube announced creator payments in stablecoins-The DTCC has been cleared to offer tokenization services by the SEC-Coinbase is reportedly launching prediction markets & tokenization next week🌎 Macro Crypto and Memes-Crypto majors rebounded from Wednesday’s selloff; BTC +2% at $92,200; ETH +1% at $3,230, BNB +2% at $886, SOL ...

4 blockbuster crypto announcements in the past day- DTCC now authorized to offer tokenization services- YouTube now allowing creator payments in stables- Solana's Firedancer now live on mainnet- Coinbase set to launch prediction markets & tokenized equities next week https://t.co/h3OrfViIGw ...

galaxy digital launched $glxy as first sec-approved tokenized stock on solana, not ethereum. ethereum has 60.2% of tokenization market but galaxy chose solana anyway. dtcc clears $2.5 quadrillion annually. if settlement stays on ethereum but execution moves to solana, sol captures 90% of the trading fees on trillions in tokenized securities flow ...

DTCC subsidiary authorized to offer tokenization service for US securities beginning 2026 https://t.co/3quLn1yJD0 ...

This week in crypto: big moves in tokenization, shifting Bitcoin narratives, and major institutions stepping deeper into digital assets. Plus one high-profile verdict that shook the space.What do you want us to cover next? https://t.co/BLQFNsnHZs ...

Core Insights - The Depository Trust & Clearing Corporation (DTCC) has received clearance from the US Securities and Exchange Commission (SEC) to pilot a regulated tokenization service, marking a significant step towards integrating traditional finance with decentralized finance [1][2] Group 1: Regulatory Approval and Service Launch - DTCC's subsidiary, The Depository Trust Company (DTC), has obtained a No-Action Letter from the SEC, allowing it to tokenize real-world assets under existing federal securities laws [2] - The tokenization service is expected to begin rolling out in the second half of 2026 and will be available for an initial period of three years [2] - The digital tokens will carry the same ownership rights, investor protections, and legal entitlements as traditional securities [2] Group 2: Asset Scope and Market Impact - The authorization applies to a limited group of highly liquid assets, including equities in the Russell 1000 index, exchange-traded funds tracking major benchmarks, and US Treasury bills, notes, and bonds [3] - The initiative is anticipated to yield transformational benefits such as collateral mobility, new trading modalities, 24/7 access, and programmable assets, contingent on a robust market infrastructure [4] Group 3: Potential Beneficiaries in the Altcoin Market - DTCC is permitted to provide a limited production environment tokenization service on selected blockchains, although no specific networks have been chosen yet [5] - Ethereum (ETH) is viewed as a leading candidate for the tokenization service, with a 99% chance of being selected according to industry experts [6] - As of December 12, the total distributed value of tokenized real-world assets is approximately $18.48 billion, with Ethereum accounting for around 66% of that market [6]

Core Insights - The company is exploring the integration of prediction markets and tokenization as a new asset class, aiming to democratize investment opportunities for individual investors similar to hedge funds [1][2] - The company has recently crossed approximately $14 billion in transactional volume, indicating significant growth and adoption of its tokenization services [3] - The company has confidentially filed for an IPO in the United States, emphasizing a focus on building a durable and transparent business rather than rushing to market [6][7] Group 1: Tokenization and Market Strategy - Tokenization is viewed as a restructuring of global market architecture, allowing for 24/7 trading across various asset classes including fixed income, commodities, and equities [3] - The company aims to provide infrastructure for tokenized equities that is accessible not only on its platform but also on competitor exchanges and decentralized platforms [3][4] - The proliferation of stablecoins is attributed to their massive distribution and increased access to capital, which enables the development of more financial products [5] Group 2: IPO Plans and Market Conditions - The company has filed for an IPO but is not in a rush to complete it, considering the current volatility in the crypto market [6][7] - The decision on the timing of the IPO will depend on market conditions and the company's long-term goals [7]

The US Securities and Exchange Commission has given a key green light to the Depository Trust and Clearing Corporation’s (DTCC) push into blockchain-based markets. Key Takeaways: The SEC granted DTC a rare no-action letter, clearing the way for tokenizing major US market assets. The tokenization service will launch in late 2026 and run on pre-approved blockchains for three years. The move signals a broader regulatory shift as the SEC shows greater openness to blockchain-based financial infrastructure ...

Core Insights - Coinbase is set to launch prediction markets and tokenized equities, marking its entry into rapidly growing sectors of digital finance, with an announcement scheduled for December 17 [1][3] - The company aims to issue tokenized stocks internally, rather than partnering with external firms, indicating a strategic shift towards in-house product development [1][2] Group 1: Product Launch and Features - Screenshots of the new prediction market and tokenized equity features have circulated, generating speculation among traders about Coinbase's upcoming offerings [3] - The new tools align with Coinbase's goal to become an "everything app" for digital assets, allowing users to trade cryptocurrencies, tokenized traditional securities, and event-based markets [4] Group 2: Market Trends and Competition - Trading in tokenized equities has surged, with monthly transfer volumes increasing by approximately 32% to around $1.45 billion in the last 30 days, reflecting growing adoption of blockchain-based stock representations [6] - The demand for prediction markets has also risen, as both traditional exchanges and crypto firms explore new monetization avenues through event-based contracts [7] - Competitors like Robinhood and Kraken have already introduced similar products, highlighting the intensifying competition in the digital finance space [5]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Financial markets are on the cusp of their next major evolution, according to BlackRock (NYSE:BLK) CEO Larry Fink and operating chief Rob Goldstein. “Finance is entering the next major evolution in market infrastructure—one that could move assets faster and more securely than systems that have served investors for decades,” Fink and Goldstein wrote for The Economist in a Dec. 1 column, referring to tokeniz ...