RT Ondo Finance (@OndoFinance)New stocks are coming to @solana.With Ondo Global Markets, Solana will gain new real-world assets for the first time:✅ Gold ETFs✅ Silver ETFs✅ High-yield credit ETFs✅ Emerging market ETFs✅ Total U.S. market ETFs✅ Broad U.S. equity ETFs✅ International equity ETFs✅ Inflation-protected bond ETFs✅ Treasury and fixed income ETFs✅ Mid-cap and small-cap equity ETFsAlongside over a hundred tokenized stocks & ETFs, new assets span sectors including:✅ Payments stocks✅ Semiconductor stock ...

Real-world asset (RWA) issuer Ondo Finance is set to offer its tokenized stock and exchange-traded fund (ETF) trading platform on the Solana blockchain early next year, the project announced. The move will bring its growing catalog of tokenized financial products to one of the fastest blockchain networks, expanding access for retail and institutional investors alike. The platform will allow users to trade U.S. stocks and exchange-traded funds 24/7 through blockchain rails, with settlement happening in sec ...

U.S. crypto exchange Kraken is buying Backed Finance AG in the firm's latest acquisition to push tokenization, the company announced Tuesday.  Cheyenne, Wyoming-based Kraken said the transaction for the provider of services bridging equities to decentralized finance would "accelerate the global adoption of xStocks"—securities that already trade on markets made available on blockchains.  Kraken this year has been working with Backed to offer tokenized stocks and ETFs to its clients using crypto networks like ...

Core Insights - JPMorgan is advancing in decentralized finance by tokenizing a private equity fund on its blockchain platform, setting the stage for its Kinexy's Fund Flow tokenization platform expected to launch fully next year [2][3] - The bank plans to tokenize various alternative assets, including private credit, real estate, and hedge funds, and is considering allowing clients to use fund tokens as collateral for borrowing or portfolio construction [2][3] - Anton Pil, head of JPMorgan's global alternative investment solutions, emphasized that real-time tri-party settlement will enhance liquidity and portfolio flexibility [3] Industry Developments - The GENIUS Act has created a regulatory framework for US dollar-backed stablecoins, promoting innovation in the token economy, while Europe is making strides with platforms like France's Lise Exchange and Switzerland's BX Digital [5] - Major banks, including Goldman Sachs and BNY Mellon, are exploring the issuance of a stablecoin pegged to G7 currencies, with Bank of America labeling tokenization as the next evolution in financial markets, referring to it as "mutual fund 3.0" [7]

Curious about how Wall Street is coming onchain?We’re going live on an AMA with @matt_blumberg (Head of DeFi, @OndoFinance) and @web3benx (GTM & Ecosystem Growth, @BNBCHAIN) to talk about the future of DeFi and tokenized markets.🗓️ Nov 6, 1:00 PM UTC🎙️ https://t.co/rIkj4bUhsRPancakeSwap (@PancakeSwap):PancakeSwap is teaming up with @OndoFinance to bring 100+ tokenized real-world assets (RWAs) in stocks, bonds, and ETFs onchain to @BNBCHAIN.You can now trade tokenized assets on PancakeSwap with zero fees for ...

Core Insights - BlackRock, managing over $13 trillion in assets, is prioritizing tokenized ETFs, indicating a significant shift towards integrating traditional finance with decentralized finance [2] - CEO Larry Fink anticipates rapid growth in the crypto industry and emphasizes the need for regulatory clarity as the firm develops technology for tokenization [2] - The lack of legal and regulatory frameworks poses challenges for tokenization projects, particularly for ETFs and stocks on the blockchain [3] Group 1 - BlackRock's initiative to tokenize ETFs represents a major step towards mainstream adoption of decentralized finance, although full on-chain securities are still a distance away [4] - The transition to digital representations of ETFs can expedite transactions, but underlying stocks will remain off-chain, limiting immediate asset movement [4] - Concerns regarding infrastructure and cybersecurity are significant, especially for custodians holding on-chain assets, as breaches could lead to asset loss [4] Group 2 - Tokenized on-chain assets currently exceed $30 billion and are expected to enter public markets as regulatory support increases [4] - The regulatory environment has become more favorable since the Trump administration, alleviating fears among issuers about potential regulatory repercussions for using blockchain [4] - Proper licensing and technology are essential for conducting activities related to securities, contrasting with the more unregulated nature of the cryptocurrency space [4]

Core Viewpoint - The movement towards tokenized stocks, which are digital versions of traditional shares recorded on a blockchain, is gaining momentum, with major players in the crypto industry and Wall Street aiming to integrate these into mainstream trading [1][2]. Group 1: Regulatory Developments - Nasdaq has requested regulatory approval from the SEC to allow tokenized stocks to trade on its exchange, with a decision expected within 45 to 90 days [2]. - The SEC's opening of the proposal for public comments indicates a significant step towards merging traditional finance with blockchain technology [2]. Group 2: Industry Adoption - Robinhood has launched over 200 US stock and ETF tokens in Europe, although similar products have not yet been introduced in the US [3][5]. - Major financial institutions like Goldman Sachs and BlackRock are already offering tokenized money-market funds, with BlackRock exploring tokenized ETFs [4][5]. Group 3: Market Potential - BlackRock's CEO stated that tokenization could revolutionize investing by allowing every asset to be tokenized, leading to instantaneous transactions instead of those taking days [5]. - The market for tokenized real-world assets is projected to grow from approximately $600 billion in 2025 to nearly $19 trillion by 2033, according to Boston Consulting Group and Ripple [6]. Group 4: Challenges and Concerns - Tokenized stocks tracking popular companies like Apple and Amazon in Europe have faced issues with low liquidity, causing price discrepancies with actual stocks [7]. - Concerns regarding third-party issuers have also emerged, highlighting potential risks in the tokenized asset market [7].

Group 1: Market Trends and Investor Behavior - Investors are strategically positioning themselves ahead of the Federal Reserve's decisions, particularly in the fixed income sector [2][3] - As the Fed cuts rates, the absolute yields are decreasing, making excess yield increasingly significant for investors [3][4] - There is a notable interest in securitized products, especially highly rated ones, as investors seek higher quality yields [4][5] Group 2: ETF Market Dynamics - The ETF market has seen significant growth, with approximately 4,500 ETFs in the US, half of which were launched in the last five years [6] - The market remains top-heavy, with the top 100 ETFs accounting for about 65% of the total market, and the top 10 ETFs alone representing 30% [6][7] - The largest ETFs are primarily S&P 500 products, with the top three ETFs holding $2 trillion out of a total $12 trillion [7] Group 3: Innovation and Technology - Tokenization is viewed as a potentially transformative technology in financial services, possibly more impactful than AI [9][10] - Blockchain technology is expected to reduce costs and streamline processes in financial services by eliminating unnecessary intermediaries [11][12] - Companies are focusing on integrating blockchain into their core strategies to enhance efficiency and service delivery [10][12]

Core Insights - BlackRock Inc. is exploring the launch of tokenized exchange-traded funds (ETFs) on blockchain networks while ensuring their values remain tied to traditional assets like stocks [1][12] - The tokenization of ETFs allows for extended trading hours, fractional ownership, and the use of ETF shares as collateral in decentralized finance networks [3][12] Tokenization Benefits - Tokenization enables trading beyond standard hours, expands access for international investors, and allows fractional ownership, which lets investors acquire smaller portions of assets [3] - Faster settlements and more efficient market structures are driving the growing adoption of tokenization across the financial industry [3] Competitive Landscape - BlackRock has positioned itself as an early mover in the tokenization space, previously experimenting with tokenized fund shares on JPMorgan's Onyx blockchain [4] - Competitor Franklin Templeton has already introduced tokenized share classes of money market funds, indicating a competitive push in this area [3] Financial Performance - In Q2 2025, BlackRock's assets under management (AUM) grew 17.7% year over year to a record $12.53 trillion, driven by a 329.3% surge in digital assets [7][12] - The firm's focus on digital assets is further highlighted by a recent $116 million investment from The Harvard Management Company in BlackRock's iShares Bitcoin Trust [7] Strategic Initiatives - BlackRock is actively working to grow its AUM, including plans to open an office in Kuwait for investment advisory services [8] - The company announced a new customized portfolio offering in collaboration with Citigroup, managing approximately $80 billion in assets, expected to launch in Q4 2025 [9] Recent Acquisitions - BlackRock has made several acquisitions to enhance its private market offerings, including the purchase of ElmTree Funds and HPS Investment Partners, as well as acquiring Preqin for $3.2 billion [10]

New Product Launch - Ondo Finance launches Ondo Global Markets, issuing over 100 tokenized U S stocks and ETFs on Ethereum [1] - The platform will soon support BNB Chain and Solana [1] Regulatory Compliance - The platform excludes retail and institutional participants from the U S and U K [1] Technological Innovation - Tokenized stocks and ETFs enable 24/7 peer-to-peer transfers on-chain [1] - Ondo will integrate with Block Street to scale lending, shorting, and hedging [1]