RT Merlijn The Trader (@MerlijnTrader)MASSIVE:Tokenization is winning. The numbers prove it.5 year growth:Stablecoins: +430%Tokenized commodities: +3,287%Tokenized funds: +51,609%Tokenized stocks: +6,056,252%We are witnessing the biggest financial transformation in human history.Most people don't even know it's happening.The ones who do are already positioned.Are you? ...

RT Token Terminal 📊 (@tokenterminal)Tokenization is a distribution multiplier for assets with existing demand:Stablecoins → USDTokenized funds → U.S. TreasuriesTokenized stocks → S&P 500Tokenized commodities → Gold https://t.co/tXkRRvvQF6 ...

Tokenization is a distribution multiplier for assets with existing demand:Stablecoins → USDTokenized funds → U.S. TreasuriesTokenized stocks → S&P 500Tokenized commodities → Gold https://t.co/tXkRRvvQF6RWA Foundation (@RWAFoundation_):The goal here is to bring as much real value onchain as possible.Yeah, everyone wants the numbers going up and to the right - TVL, onchain assets, holders - all of that matters.But it’s not the only thing that matters. If the underlying products and assets aren’t actually ...

Core Insights - Robinhood Markets is a prominent e-trading platform known for its zero-commission stock trading, appealing particularly to young retail traders [1] - The company went public in 2021 and joined the S&P 500 in September 2022, expanding its offerings to include tokenized equities for users outside the U.S. [2] Share Repurchase Program - On March 24, Robinhood's board approved a $1.5 billion share repurchase program, which is expected to be executed over the next three years [3][4] - As of March 20, the company has already repurchased over 25 million shares worth more than $1.1 billion [6] Management Perspective - CFO Shiv Verma described Robinhood as a generational company with significant long-term opportunities [5] - The management's confidence is reflected in the share repurchase program, aimed at delivering innovative products and creating shareholder value [6] Market Reaction - Following the announcement of the share repurchase program, Barclays maintained an "Overweight" rating with a price target of $124, leading to a 7% increase in stock price to an intraday high of $74.50 on March 25 [7] - Despite a 43% increase over the last year, the stock is down 39% year-to-date [7]

Core Viewpoint - The New York Stock Exchange (NYSE) is collaborating with Securitize to create a tokenized equity trading platform, aiming to enhance trading efficiency and accessibility through blockchain technology [1][2]. Group 1: Partnership Details - NYSE has signed a deal with Securitize to develop its Digital Trading Platform, with Securitize acting as a design partner focused on ownership tracking and corporate actions on blockchain [1]. - Securitize is backed by major asset managers, including BlackRock, and is expected to be one of the first firms to issue tokenized stocks on the NYSE platform [2]. Group 2: Industry Context - The partnership aligns with broader industry trends, as NYSE and Nasdaq are both moving towards integrating tokenized stocks on blockchain, which will facilitate 24/7 trading and near-instant settlements [2]. - Intercontinental Exchange, the parent company of NYSE, has also invested in crypto exchange OKX to further develop tokenized stocks and derivatives [3]. Group 3: Competitive Landscape - Nasdaq has received regulatory approval for its tokenized stock trading framework and is collaborating with crypto exchange Kraken for distribution [3]. - Securitize plans to go public this year through a special purpose acquisition company (SPAC) [3]. Group 4: Stock Performance - The stock of Intercontinental Exchange has seen an 11% decline over the past 12 months, currently trading at $156.88 per share [4].

Core Insights - The SEC has approved Nasdaq's proposal to trade certain stocks and ETFs in tokenized form, allowing them to coexist with traditional versions while still settling through the Depository Trust Company [1] - ICE is also developing a similar platform, and regulators have indicated that banks will not incur additional capital charges for holding tokenized securities [1] Group 1: Tokenized Stocks Overview - Tokenized stocks are traditional equities represented in a blockchain-based format, which could facilitate easier trading, transfer, and integration into digital financial systems compared to conventional market structures [2] - Previous attempts to offer tokenized equities, such as those by Binance and FTX, faced regulatory challenges and operated outside traditional market structures, leading to their failure [3] Group 2: Current Market Dynamics - Unlike past efforts, Nasdaq and ICE are integrating tokenized stocks within the existing market framework, with settlements still processed through DTC, indicating a more compliant approach [4] - The acceptance of tokenized stocks by exchanges, regulators, and banks may signify a shift in the long-term growth trajectory for crypto, moving from disruption to integration [5][6] Group 3: Future Implications - The future of crypto may not rely on disrupting traditional market structures but rather on being integrated into existing channels, making it more accessible and demonstrating its advantages [6] - This gradual absorption into the market could enhance long-term adoption of crypto, as it reaches a broader audience through established systems [7]

RT Token Terminal 📊 (@tokenterminal)Tokenized stocks, sized by number of onchain holders.@xStocksFi's assets are currently the most widely held tokenized stocks.None of @RobinhoodApp's tokenized stocks made the cut. https://t.co/70AaFWGkB3 ...

Core Insights - The crypto industry has introduced significant innovations, including Bitcoin and stablecoin payment systems, and is now on the verge of disrupting stock trading through blockchain technology [1] - The future of tokenized stocks depends on regulatory frameworks, with firms like Robinhood positioning themselves as leaders in this emerging market [2] Industry Developments - The tokenized stock market is currently led by offshore players and compliant disruptors in the U.S., such as Securitize, Superstate, and Figure, which are preparing for Fortune 500 companies to issue shares on-chain [3] - Offshore firms like Kraken and Ondo are creating blockchain-based stocks through special purpose vehicles, allowing for instant trade settlements, although these offerings are essentially derivatives [4] Market Potential - The current market for tokenized stocks is estimated at around $2 billion, but this is expected to grow as the SEC shows support for tokenized equities and major exchanges like NYSE and NASDAQ form partnerships with crypto firms [5] - Key players in the tokenization of the stock market include compliant disruptors, Coinbase, and Robinhood, which aim to create a more decentralized stock market [5] Impact on Existing Structures - The disruption from tokenized stocks is likely to render many middlemen in the current trade clearing and settlement system obsolete, as the existing architecture is outdated and designed for a different era [6]

Market Overview - The trading week began with a significant selloff followed by a strong rally, driven by announcements from G7 officials regarding the potential release of strategic oil reserves and comments from President Trump about the imminent end of the war [2][3]. Oil Market Dynamics - WTI crude oil futures experienced high volatility, trading around $89 per barrel, down from a peak of $117 on Sunday but significantly up from $64 a month ago. The intraday price swing of $38 marked the largest range since the pandemic began in 2020 [3]. Tokenized Stocks and ETFs - There is a growing momentum in the push to introduce tokenized stocks and ETFs to US traders, with major exchanges like Nasdaq and NYSE seeking SEC approval for digital versions of shares. This development could enable 24/7 trading of equities and provide domestic investors access to tokenized shares already available to foreign investors [4].

Core Insights - Nasdaq has partnered with Payward, the parent company of Kraken, to develop an equity token design for public companies, aiming to create a tokenized securities trading platform pending SEC approval [1][2][5] - The partnership allows Nasdaq to leverage Kraken's infrastructure to facilitate the tokenization of stocks, which is expected to enhance market accessibility and democratize finance [4][8][9] Industry Developments - Other trading platforms, including NYSE and DTCC, are also exploring 24/7 tokenized securities trading using distributed ledger technology, indicating a broader industry trend towards tokenization [3][5] - Over half of the 105 financial institutions surveyed are either discussing or in the process of launching tokenization of real-world assets, highlighting significant interest in this area [4] Market Implications - The introduction of tokenized trading options is anticipated in the first half of 2027, contingent on SEC approval, which could reshape how investors access markets and how issuers engage with shareholders [9] - The potential for increased price volatility due to 24/7 trading is acknowledged, with concerns about liquidity during off-peak hours affecting price stability [10][11]