🇬🇧 NEW: The UK’s FCA has proposed letting fund managers tokenise investment funds. https://t.co/TgayNxi3jp ...

By Phoebe Seers LONDON (Reuters) -Britain's financial regulator set out plans on Tuesday to encourage asset managers to "tokenise" their funds on blockchain, in a bid to attract younger investors. Under the proposals, UK asset managers would be permitted to issue crypto tokens representing shares in their funds, using public blockchains such as Ethereum. Until now, tokenisation had been restricted to private blockchains. Tokenisation - the creation of blockchain-based versions of financial assets - has ...

💥BREAKING:NYSE TO PARTNER WITH POLYMARKET ON FUTURE TOKENISATION INITITIATIVES. https://t.co/DQogCjiLVx ...

RT Crypto.com Research & Insights (@cryptocom_rni)Crypto Market Pulse Weekly:🚀 Stablecoin market capitalisation reached $300B📃 https://t.co/hb29mmurpq obtains a full stack of CFTC derivatives licenses🤝 Cronos partners with Amazon Web Services to advance institutional tokenisation and RWAThe details 👇https://t.co/SwdGwoV6Qw ...

Figure Technology Solutions is about to rip. That’s according to analysts at Bernstein who predict that the blockchain-based lending and credit platform’s share price will surge by 34% to hit $54. “Just as stablecoins transformed payments, tokenised loans will redefine lending,” Gautam Chhugani and three of his colleagues at Bernstein wrote in a note to investors seen by DL News. “Figure is years ahead in execution and market share.” The investor note marks the general bullishness around crypto companie ...

Core Insights - Tokenisation of financial assets is seen as an inevitable trend that will transform the entire financial system, according to Robinhood CEO Vlad Tenev [1] - The tokenisation market is currently valued at $32 billion, while the global public stock market is valued at over $115 trillion, indicating significant growth potential [3] - Major asset managers and crypto firms are actively exploring tokenisation, with companies like BlackRock and Franklin Templeton leading the charge [4] Tokenisation Developments - In June, Robinhood launched over 200 tokenised stocks on the Arbitrum network, including private equity in companies like Tesla and OpenAI [2] - Tenev predicts that most major markets will establish frameworks for tokenised stocks within the next five years, but full global adoption may take a decade or more [2] Regulatory Landscape - The US Congress is currently discussing legislation that will determine the regulatory framework for tokenised stocks and cryptocurrencies, with the House Clarity Act already passed [5] - The European Union has established a comprehensive crypto rulebook, giving it a temporary advantage in crypto adoption over the US [6]

By Phoebe Seers LONDON (Reuters) -Britain's biggest lenders are pushing ahead with plans to launch tokenised versions of customer deposits next year, a move that follows Bank of England Governor Andrew Bailey's plea to prioritise the technology over stablecoins. Tokenisation typically refers to creating digital representations of assets such as deposits, stocks and bonds that are stored on a blockchain. Proponents say they can make transacting faster, cheaper and safer. Banks including HSBC, NatWest and ...

Coinbase’s CEO says the crypto exchange is no longer just a trading venue — it’s building a fintech “super app” that can replace legacy banks. “We do want to become a super app and provide all types of financial services,” Brian Armstrong told Fox Business. “We want to become people’s primary financial account.” Armstrong also hit back against the banking lobby for “throwing a wrench into things” by responding to the challenge from crypto companies by warning that a new US stablecoin law, the Genius Act, ...

Group 1: Vietnam's Crypto Exchange Developments - Vietnam has initiated a pilot program for cryptocurrency exchanges under Resolution 05/2025, establishing a regulated crypto trading market for five years [2] - The framework requires firms to hold a minimum of $68 million (VND 10 trillion) in charter capital and mandates 65% institutional ownership [3] - Financial institutions are actively participating, with SSI Securities launching SSI Digital Corporation in partnership with Tether, U2U Network, and AWS to develop blockchain infrastructure [3] Group 2: Institutional Participation and Growth - Techcom Securities (TCBS) has created TCEX, increasing its capital from $20 million to $690 million, while VIX Securities launched VIXEX, growing from $1 million to $6.8 million [4] - MB Bank has partnered with South Korea's Dunamu Group to facilitate technology transfer and compliance, while VPBank is developing a tokenized asset exchange through VPBank Securities [4] Group 3: Regulatory Developments in India - India's Financial Intelligence Unit (FIU) has mandated cybersecurity audits for all crypto service providers to enhance digital asset oversight [5][6] - The directive requires compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, with government-certified auditors conducting the audits [6] - The directive applies to both offshore and domestic entities, including exchanges, custodians, and wallet providers [7]

Core Viewpoint - The appointment of Paul Atkins as the new SEC chair marks a significant shift towards a more favorable regulatory environment for the crypto industry, with a focus on integrating traditional financial markets with blockchain technology [1][2]. Group 1: Regulatory Changes - Paul Atkins has proposed a series of regulatory changes aimed at facilitating the integration of traditional financial markets with blockchain technology, which includes allowing financial firms to trade crypto commodities, crypto securities, and traditional securities without needing multiple licenses [2][3]. - The initiative, referred to as Project Crypto, is seen as a groundbreaking move that could transform US equity markets by enabling the tokenization of traditional financial assets [1][2]. Group 2: Industry Response - Cameron Winklevoss, co-founder of Gemini, expressed strong support for Atkins, highlighting the positive shift in the SEC's approach towards the crypto industry compared to the previous chair, Gary Gensler, who took a more adversarial stance [1][5]. - Executives from various crypto firms, including BitGo and Dinari, shared enthusiasm for the prospects of tokenizing US stock, with Dinari's Gabriel Otte describing it as the most significant change in the US financial system since the regulations following the Great Depression in 1933 [5]. Group 3: Tokenization Trends - Tokenization, which involves placing traditional financial assets such as stocks, commodities, real estate, and bonds onto blockchains, has emerged as a major trend in the crypto industry this year [3]. - Companies like Robinhood and Kraken have gained attention by launching services that enable customers to trade tokenized shares, indicating a growing interest in this area [4].