BNP Paribas has issued a tokenized share class of a French-domiciled money market fund on the public Ethereum blockchain, joining BlackRock and JPMorgan in institutional fund tokenization. The launch highlights growing use of public chains for traditional fund distribution and settlement.
A Feb. 20 summit at Mar-a-Lago gathered executives from Goldman Sachs and Franklin Templeton alongside celebrities like Nicki Minaj to debate tokenization and the future of crypto regulation. Conversations focused on real estate tokenization, custody, and how institutions might enter the space.
Ripple senior executive Reece Merrick announced a new XRP Ledger capability tied to Dubai’s real estate tokenization initiative, aiming to enable on‑ledger trading of tokenized property. The move may broaden XRP’s utility and attract new liquidity to the network.
The NYSE president said the exchange felt a duty to enter the tokenization market and will launch 24/7 trading of tokenized assets later this year.
Aave founder Stani Kulechov proposed a DeFi protocol to use tokenized solar assets as collateral, aiming to tap a proposed $50 trillion renewable energy market. The idea would let lenders and borrowers access real-world solar infrastructure value on-chain.
The London Stock Exchange Group said it will roll out the LSEG Digital Securities Depository, an on-chain settlement platform for institutional investors, by 2026. The service is designed to enable tokenized asset settlement and modernize post-trade processing.
At Accelerate APAC, Solana emphasized tokenization, payments, ETFs, stablecoins and AI infrastructure, urging the ecosystem to move beyond memecoin mania toward building the internet’s capital markets.
The UK Treasury has selected HSBC's blockchain platform to run a pilot for digital gilts. The program will test tokenized government debt issuance, settlement and custody on an institutional ledger.
BlackRock has listed BUIDL — tokenized shares of its $2.2 billion U.S. Treasury fund — on Uniswap, and UNI spiked roughly 25% as traders reacted to new pool opportunities.
U.K. asset manager Aviva Investors has partnered with Ripple to migrate traditional fund structures on-chain, launching its first tokenization initiative on the XRP Ledger.