Core Insights - The SEC is embracing innovations in financial markets, particularly in the area of tokenization and digital assets, which could enhance transparency and reduce risks in trading and settlement processes [5][10][19]. Market Evolution - Over the past 30 years, the U.S. capital markets have shifted from a floor-based trading system to a fully electronic system, significantly changing how transactions are conducted [2][4]. - Individual investors' ownership of public company capital has decreased, with a shift towards investment through vehicles like pension funds, ETFs, and mutual funds [3][4]. Tokenization - Tokenization involves using blockchain technology to represent underlying securities, which could lead to greater transparency and efficiency in ownership tracking and settlement processes [6][7]. - The potential for real-time settlement (T0) as opposed to the traditional T+1 could significantly reduce risks associated with the gap between trade execution and settlement [7][8]. Regulatory Framework - The SEC is working on a new taxonomy to clarify what constitutes a security, particularly in relation to tokenized assets, and plans to introduce an "innovation exemption" to allow companies to experiment within defined parameters [13][15]. - Recent legislation, such as the Genius Act for stablecoins, marks a significant step in recognizing digital products within the regulatory framework [16][17]. Collaboration with CFTC - The SEC aims to harmonize its regulations with the CFTC to create a more efficient marketplace, addressing historical discord between the two agencies [18][20]. - This collaboration is expected to enhance investor protection and facilitate innovation in financial products [19][20].

“One of the most exciting mainstream tokenization opportunities is real estate—imagine buying property in the UAE where the token is your proof of ownership.” - Lucy Gazmararian, Founder, Token Bay Capital https://t.co/VClD1R7gf9 ...

Core Viewpoint - The article highlights three cryptocurrencies—Chainlink (LINK), Toncoin (TON), and Kaspa (KAS)—that are showing potential for growth based on recent market trends and developments in their respective ecosystems [1]. Group 1: Chainlink (LINK) - Chainlink is positioned as a key player in the tokenization space, benefiting from institutional interest and recent positive headlines regarding "real-world assets" [2]. - The infrastructure provided by Chainlink is being tested by banks for cross-chain settlement, which is expected to drive demand as institutions pilot these solutions [3]. - Current trading price for Chainlink is $14.43, reflecting a 20% increase over the last 24 hours, with a trading range between $12.03 and $14.43 [3]. Group 2: Toncoin (TON) - Toncoin has gained traction due to its integration with Telegram, which enhances its distribution capabilities among a large user base [4]. - The embedded TON Wallet and mini-apps within Telegram create a seamless on-chain experience for users, facilitating payments and transfers [4]. - Toncoin is currently trading at $1.59, up 6% in the last 24 hours, with a price range between $1.5 and $1.6 [5]. Group 3: Kaspa (KAS) - Kaspa has shown significant momentum, particularly in a market environment that favors high-beta assets, with notable gains observed recently [6]. - The unique blockDAG design of Kaspa allows for fast transaction confirmations while maintaining a pure proof-of-work model, appealing to miners and traders [7]. - The current price for Kaspa is $0.057, reflecting a 10.3% increase in the last 24 hours, with a trading range between $0.05211 and $0.05894 [7].

RT Arjun Sethi (@arjunsethi)The Future of Tokenized Markets Must Be Open. Not Captive.Today, we announced our agreement to acquire @BackedFi . This is more than an acquisition. It is a commitment to building market infrastructure that is open, interoperable, and aligned with how modern financial systems actually scale.Technology endures when the underlying architecture is clean, verifiable, and built for permissionless innovation. Open standards win because they allow builders to innovate without needing ap ...

RT Sei (@SeiNetwork)“If history is any guide, tokenization today is roughly where the Internet was in 1996.” — Larry FinkBlackRock has long been a clarifying force at the forefront of digital assets.The first tokenized treasury fund.The leading Bitcoin ETF.Now, a clear vision for how tokenization modernizes global markets.Faster settlement, greater transparency, broader global access. The same principles that guide Sei’s architecture.Tokenization is not a fad. From prediction markets to treasury funds, to d ...

U.S. crypto exchange @krakenfx is buying Backed Finance AG in the firm's latest acquisition to push tokenization, the company announced Tuesday. https://t.co/xEVQhujUIT ...

Kraken to Acquire Tokenization Platform Backed Finance as Crypto Exchange Extends Buying Spree► https://t.co/HNQjeO5HIu https://t.co/HNQjeO5HIu ...

Core Viewpoint - U.S. crypto exchange Kraken is acquiring Backed Finance AG to enhance its tokenization efforts, aiming to accelerate the global adoption of tokenized stocks and redefine asset ownership in the digital era [1][4]. Group 1: Acquisition Details - Kraken's acquisition of Backed Finance AG is part of its strategy to integrate services that bridge traditional equities with decentralized finance [1]. - The transaction is expected to strengthen Kraken's infrastructure for open and programmable capital markets, according to co-CEO Arjun Sethi [2]. - The financial details of the acquisition have not been disclosed [3]. Group 2: Strategic Goals - Kraken aims to unify issuance, trading, and settlement of tokenized assets under a single framework to ensure transparency and global accessibility [3]. - The company has made several acquisitions this year, including Breakout and NinjaTrader, as it prepares for a public offering [4]. - Sethi emphasized that the acquisition is about more than just providing exposure to U.S. equities; it is about redefining asset ownership in the digital age [4]. Group 3: Industry Context - Interest in tokenization among traditional finance firms has increased, with notable figures like BlackRock's Larry Fink advocating for its potential to transform capital markets [4]. - Franklin Templeton has been actively tokenizing assets across various blockchains for several years, indicating a growing trend in the industry [4].

Web3 & NFT - The user is tokenizing their entire journey on Zora [1]

“If history is any guide, tokenization today is roughly where the Internet was in 1996.” — Larry FinkBlackRock has long been a clarifying force at the forefront of digital assets.The first tokenized treasury fund.The leading Bitcoin ETF.Now, a clear vision for how tokenization modernizes global markets.Faster settlement, greater transparency, broader global access. The same principles that guide Sei’s architecture.Tokenization is not a fad. From prediction markets to treasury funds, to dollars and equities, ...