Fidelity Investments, a leading financial institution with $6T+ in AUM, sees tokenization as a "transformational technology and a huge opportunity for us to capitalize and improve our client experience."Learn more from this interview with @Fidelity's Matt Horne ↓ ...

Core Viewpoint - NASDAQ is advancing its involvement in digital assets by filing an application with the SEC to allow trading of tokenized stocks and ETPs, aiming to bridge the digital and traditional asset worlds while prioritizing investor rights and protections [1][3][4]. Group 1: Tokenized Assets and Investor Choice - The proposed rule change allows investors to choose between holding assets in tokenized form on the blockchain or in traditional accounts, emphasizing investor-first principles [3][4]. - The tokenized stocks will maintain the same ticker and be fully fungible with their traditional counterparts, ensuring that investors retain full rights and titles [5][6]. Group 2: Market Structure and Trading Process - The trading of tokenized assets will occur under existing SEC rules, ensuring that the current market structure remains intact while integrating new technologies [9][10]. - NASDAQ aims to maintain liquidity and depth in the market, avoiding fragmentation that could disrupt trading during stress periods [11][12]. Group 3: Benefits of Tokenization - Near-term benefits include process efficiencies in post-trade operations, with potential for faster settlement times in the future [13][14]. - Long-term advantages involve enhanced collateral mobility and capital efficiency, allowing for better utilization of assets in various financial applications [15][16]. Group 4: Regulatory Environment and Industry Collaboration - NASDAQ is committed to evolving the system responsibly, working within regulatory guidelines while promoting innovation in tokenization [19][21]. - The company is collaborating with other firms to mainstream tokenization, ensuring that the transition is beneficial for all market participants [22][24]. Group 5: Historical Context and Future Outlook - NASDAQ has a long history in digital assets, having launched various products and technologies to support the crypto ecosystem, including a crypto custody business and market technology for over 130 markets globally [27][28][29]. - The convergence of traditional finance and DeFi is anticipated, with stable coins and tokenized assets expected to play a significant role in capital efficiency and risk management by 2026 [35][38].

Core Insights - tZero Group, Inc. has integrated with Zerohash to offer crypto funding for brokerage accounts, enhancing its Tokenize + Trade + Connect ecosystem [2][5] - The partnership allows seamless conversion of stablecoins and cryptocurrencies into U.S. dollar fiat for account deposits, marking a significant milestone for tZero [5] - Zerohash provides infrastructure for crypto and tokenized assets, supporting various financial applications and backed by notable venture capital firms [3][4] Group 1 - tZero's new capability enables investors to fund accounts using supported stablecoins and cryptocurrencies [5] - The integration with Zerohash complements tZero's broader strategy for cross-asset interoperability and liquidity [6] - tZero aims to provide institutional-grade solutions for private companies looking to digitize their capital tables through blockchain technology [6] Group 2 - Zerohash is licensed by the New York State Department of Financial Services to engage in virtual currency business activities [4] - The offerings of Zerohash are utilized by major financial institutions like Interactive Brokers and Franklin Templeton [3] - The partnership with Zerohash is part of tZero's vision to drive product innovation and liquidity in the market [6]

Core Insights - Taurus has expanded its institutional digital-asset infrastructure by joining the Canton Network as a Super Validator and providing custody support for the Canton Token Standard [1][3] Group 1: Taurus and Canton Network Collaboration - Taurus will validate transactions and operate Canton's Global Synchronizer, enhancing the network's institutional focus as banks increase tokenization efforts [2][4] - The integration allows clients to utilize Canton's privacy and collateral-management features, marking a strategic milestone for Taurus [3] Group 2: Canton Network Overview - The Canton Network has processed over $6 trillion in tokenized assets, including bonds, repos, money-market funds, loan commitments, and insurance [3] - Governed by the Canton Foundation, the network supports decentralized, institution-grade application development and is powered by its native Canton Coin [4]

Core Viewpoint - The recent volatility in Bitcoin is attributed to a combination of technical factors, macroeconomic headwinds, and overall market sentiment, with no single explanation being definitive [2][3]. Market Dynamics - Bitcoin has experienced a 30% drawdown over the past six weeks, losing about a third of its value since early October [2][3]. - The market has seen ETF outflows and digital asset treasury companies trading below NAV, contributing to the decline [3]. - The fear and greed index indicates a level of concern, which historically could signal capitulation or a potential rebound [7]. Historical Context - Bitcoin's volatility is noted to be significantly higher than that of traditional stocks, with over 30% corrections occurring multiple times in the past five years [5][6]. - The current correction is viewed as part of the normal volatility for the asset class, despite its sharpness [5][6]. Market Sentiment and Future Outlook - There is optimism regarding regulatory support and the overall macro environment, which remains favorable for digital assets [9][10]. - The stability of Bitcoin's price is seen as crucial for the potential year-end rally in the broader market, especially following a strong earnings season from major companies [12]. - The marginal buyer for Bitcoin has become similar to speculative growth areas, making stability in Bitcoin important for overall market sentiment [12].

We have been following all of the big policy updates around crypto for the last 12 plus months. One of the biggest things that we have been waiting for is the Clarity Act, right. The Clarity Act is definitely a big one that we have been focused on.Um, and on top of that, the Genius Act got fully passed through. everyone's now talking about ISO 2082, which you know, this is what this video is going to mainly be about. We're gonna focus on that standard and what's actually going on.Um, but also, if we just go ...

Core Insights - The cryptocurrency market is experiencing a rebound after a recent sell-off, with Bitcoin surpassing $87,000 and Ether rising to $2,863, indicating a positive trend for digital currencies [2][3] - Research indicates that stable coins now constitute 9% of the total crypto market cap, marking a two-year high, as investors seek protection from market volatility [3][4] Market Trends - There is a notable shift towards stable coins among crypto investors, driven by factors such as clearer regulations, increased institutional interest, and their growing use in cross-border payments and DeFi [3][4] - The stable coin market share has been rising over the past five months, reflecting a more cautious approach among investors in the crypto space [4] Regulatory Developments - The signing of the Genius Act stable coin bill into law in the US represents a significant regulatory advancement, enhancing investor confidence and attracting more capital into the sector [4] - NASDAQ is actively pursuing the introduction of tokenized securities, having filed an application with the SEC, which could allow for the trading of tokenized stocks on a major US exchange [8][9] NASDAQ's Initiatives - NASDAQ aims to bridge the digital asset world with traditional finance by allowing investors to choose between tokenized and traditional asset representations [11][12] - The exchange emphasizes maintaining investor rights and protections while integrating tokenized assets into existing market structures [15][19] Benefits of Tokenization - Tokenization is expected to improve efficiency, enhance audit trails, and potentially allow for 24/7 trading, with immediate benefits in post-trade processing and settlement [21][22] - The ability to use tokenized assets for collateral mobility is anticipated to enhance capital efficiency in the market [24][25] Product Offerings - NASDAQ has introduced various crypto-related products, including spot Bitcoin and Ether ETFs, and is open to listing additional ETPs as long as they meet established criteria [27][28]

RT Arbitrum (@arbitrum)The future of finance is tokenizedArbitrum Everywhere ...

The 2nd biggest RWA tokenized by @centrifuge:The @JHIAdvisors Anemoy Treasury Fund (JTRSY), with a market cap of ~$295M.The fund is deployed on @ethereum, @base, @arbitrum, and @Celo. https://t.co/mMFTYCCTW6 ...

Core Insights - The article discusses the evolution of stock trading infrastructure, focusing on the shift towards tokenization and its implications for the financial industry [1][4][5] Group 1: Current System and Challenges - The existing DTCC regime allows brokerages to manage stock ownership without recording every transfer, settling transactions the next business day [1][2] - The "T+1" settlement system is seen as outdated in a fast-paced trading environment, prompting calls for a more efficient solution [8][6] - The 2021 market volatility, driven by retail traders, highlighted the limitations of the current infrastructure, leading to temporary trading halts [7] Group 2: Tokenization and Its Impacts - Tokenization is being pursued not only by crypto firms but also by major banks like J.P. Morgan, which are exploring blockchain for asset trading [5][12] - The transition to tokenized assets could enable instant trading and settlement, benefiting active traders and institutional investors by freeing up collateral [11][12] - As of mid-November, the total value of tokenized assets globally was approximately $660 million, with significant interest in tokenized ETFs and major tech stocks [14] Group 3: Industry Perspectives and Concerns - The DTCC is reportedly supportive of tokenization, viewing it as a means to modernize market infrastructure and expand into private markets [16][17] - However, concerns exist regarding the potential risks of tokenization, including discrepancies in pricing and the adequacy of consumer protections [18][19] - The lack of consensus on which blockchain to use among financial institutions could hinder widespread adoption of tokenization [19][20]