Tag: Tokenized

Apex and Polygon Launch ERC-3643 Chain for Tokenized Assets

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Apex Group’s Tokeny and Polygon Labs are launching T-REX Ledger, a compliance-focused blockchain designed to help regulated tokenized assets move across networks without repeating investor checks and transfer restrictions. In a Thursday release shared with Cointelegraph, the project said it targets a key friction point in tokenized markets. ERC-3643 is an Ethereum-based token standard for permissioned tokens representing real-world assets that can support compliant issuance of RWAs, but identity checks, eligibility rules and transfer restrictions often remain fragmented when the same asset is distributed across multiple blockchains. T-REX Ledger is…

SEC approves tokenized securities to trade alongside traditional stocks

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The US Securities and Exchange Commission has approved a Nasdaq rule change that enables the trading of securities in tokenized form, marking a major step in integrating blockchain-based assets into traditional market infrastructure. The approval allows eligible securities, including stocks from the Russell 1000 and ETFs tracking major indices such as the S&P 500, to be represented and traded as tokenized assets on Nasdaq. These tokenized versions will trade on the same order book as traditional shares, with identical execution priority, pricing, and market data treatment. Under the framework, tokenized…

VersaBank Adds FX to Tokenized Deposits for Cross-Border Payments

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VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform, allowing users to convert between US and Canadian dollars within a blockchain-based system. Announced Tuesday, the upgrade enables real-time, 24/7 currency conversion using Real Bank Tokenized Deposits (RBTDs), that is, digital representations of fiat deposits issued and backed by the Ontario-based institution.  The feature is designed to improve cross-border transactions by reducing reliance on traditional foreign exchange rails, which are often slower and limited by banking hours. The update…

Ironlight secures $21M to Build Tokenized Securities Marketplace

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Ironlight Group has raised $21 million in a Series A round to expand infrastructure for tokenized securities, including scaling its alternative trading system (ATS) and technology platform for issuing, distributing and trading digital securities. The privately held company said the round included backing from institutional investors and financial services executives, led by former TD Bank President and CEO Greg Braca, along with the Sei Development Foundation. The funds will be used to expand Ironlight’s marketplace infrastructure for tokenized assets, including the Ironlight Markets alternative trading system and its settlement platform.…

Ironlight raises $21M to expand regulated infrastructure for tokenized securities

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Ironlight Group has raised $21 million in a Series A round to expand infrastructure for tokenized securities, joining a rapidly growing sector that aims to bring traditional financial assets onto blockchain networks. The financing was backed by senior Wall Street executives including former TD Bank President and CEO Greg Braca, alongside institutional investors such as Sei Development Foundation and Laidlaw Private Equity. The funds will support the expansion of Ironlight Markets, a regulated alternative trading system designed to integrate issuance, distribution, and trading of tokenized assets. The platform operates under…

ECB Launches Appia Project to Shape Tokenized Markets

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The European Central Bank (ECB) on Wednesday published its Appia roadmap, setting out a long-term plan for building tokenized wholesale financial markets in Europe anchored in central bank money. The roadmap is built around two linked initiatives. Pontes is the Eurosystem’s distributed ledger technology settlement solution, while Appia is the broader strategic framework for developing a future tokenized financial ecosystem. The ECB said Pontes is scheduled to launch in the third quarter of 2026. “With Appia, we are building a road from today’s financial system to tomorrow’s tokenized markets, firmly…

Nasdaq Partners with Boerse Stuttgart’s Seturion for tokenized Settlement

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Nasdaq said it is working with Boerse Stuttgart Group’s tokenized settlement platform Seturion to connect its European trading venues to infrastructure designed to settle tokenized securities using distributed ledger technology. According to Monday’s announcement, the collaboration will initially focus on structured products and aims to support faster settlement of tokenized assets across European capital markets. Seturion supports multiple asset classes across public and private distributed ledger networks and allows transactions to be settled using either central bank money or on-chain cash. Boerse Stuttgart said the platform is intended to be…

Nasdaq partners with Boerse Stuttgart Group’s Seturion to advance tokenized securities settlement in Europe

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Nasdaq will connect its European markets to Seturion, the pan-European blockchain-based settlement platform for tokenized assets operated by Boerse Stuttgart Group, in a move to enhance settlement efficiency and reduce fragmentation, the company said Monday. The initiative seeks to modernize post-trade infrastructure, improve efficiency, and accelerate the adoption of tokenized securities across Europe. With an initial focus on structured products, the partnership will facilitate faster, cheaper, and more seamless settlement while supporting compliance with European regulations such as MiFID II and the DLT Pilot Regime. According to Roland Chai of…

Kraken rolls out xChange engine to power tokenized stock markets

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Kraken’s tokenized equities platform xStocks has launched xChange, an onchain trading engine designed to facilitate trading of tokenized stocks across the Ethereum and Solana networks. According to the company, the system supports trading of more than 70 tokenized equities backed 1:1 by underlying shares held in custody, with prices intended to track the corresponding public market stocks. The launch adds new trading infrastructure for tokenized equities, part of the broader tokenized real-world asset market that aims to bring traditional financial instruments such as stocks onto blockchain-based trading systems. Kraken launched…

Crypto Exchanges Emerge as TradFi Venues amid Tokenized Commodities Boom

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Demand for tokenized commodities is increasing as investors look for safe-haven exposure through crypto-native markets that trade around the clock, rather than only during traditional market hours. The tokenized commodities sector grew 10% over the past month to $7.69 billion in cumulative market capitalization, while holders increased by 5.8% to 189,390, according to data aggregator RWA.xyz. Tether Gold (XAUT) makes up the lion’s share with $2.96 billion of onchain commodities, while Paxos Gold (PAXG) is second with $2.56 billion. The growth underscores how real-world assets are becoming a larger part…