How could tokenization drive a 10x reduction in capital markets infrastructure costs?
Today, around 9 intermediaries stand between buying a stock and owning it. Tokenization could automate functions performed by 6 to 7 of them.
Watch @gaborgurbacs discuss further on @ETFEdgeCNBC.
$6.6 billion to nearly $38 billion in just one year. That's nearly 6x growth in tokenized Treasuries and money-market funds.
In his latest TabbFORUM op-ed, our CEO @gaborgurbacs explains why this shift matters and the infrastructure needed to support it.
Read the full article on: https://t.co/wpajOOiOg7
Onchain, an AI agent payment can look no different from a simple script. Before agents move serious money, regulated markets need to know who is responsible for each transaction.
That requires a named owner and a verifiable record, the kind of infrastructure OpenAssets builds for regulated markets.
We support the SEC’s proposed Regulation Crypto Assets and its goal of giving builders a clearer path to raise capital in the U.S. The comment letter we submitted focuses on making these rules work in practice, with recommendations for:
▪️ Clear guidance on tokenized securities and legal ownership records
▪️ Public, machine-readable issuer filing status
▪️ Verifiable onchain data in standardized disclosures
▪️ Structured Form TR filings with clear third-party reliance rules
Regulatory clarity needs to translate into workable processes for issuers, transfer agents, custodians, and trading venues.
Read our full letter:
Where does the value in tokenization actually sit? Not in putting an asset onchain.
It sits in the infrastructure around it.
The token is only one part of the system.
The U.S. Treasury is taking comments until October 19 on proposed GENIUS Act rules that define when a stablecoin is issued.
Under the proposal, tokens minted into an issuer’s treasury aren’t issued. Crediting a customer’s account counts, even if no token moves.
For offshore issuers, location controls only count if they’re implemented.
What’s on paper or onchain isn’t enough. The record has to show who holds rights and who owes redemption.
Foreign central banks sold $55.6B of T-bills in a year, after buying $138.1B the year before.
Stablecoins hold nearly $200B, a new channel for U.S. debt. OpenAssets builds the infrastructure to scale it: every holder verified, every reserve reported. https://t.co/OViY4i1zxh
How could tokenization drive a 10x reduction in capital markets infrastructure costs?
Today, around 9 intermediaries stand between buying a stock and owning it. Tokenization could automate functions performed by 6 to 7 of them.
Watch @gaborgurbacs discuss further on @ETFEdgeCNBC.
My childhood self in Hungary would be astonished by the world today. Libraries in our pockets. The greatest minds a click away. AI tutors explaining anything in seconds.
Human knowledge is within reach to the curious. What a time to be a learner. Never take it for granted.
Broker-dealers are testing AI agents on AML alerts. Regulators are now asking how each agent action gets tracked.
A sign-off only holds up if the record shows what the model proposed and what the person saw before approving it.
In regulated markets, auditability can’t be an afterthought.
Compliance diligence repeats the same questions and evidence across counterparties.
Sentinel uses a shared schema so auditors, vendors, issuers, custodians and venues can review and exchange evidence in one format.
A common schema means the evidence can move with the asset.
Between hitting buy and owning a stock, an order passes through about nine intermediaries.
OpenAssets CEO @gaborgurbacs expects tokenization to cut six or seven of them, now that the @SECGov has opened a limited, five-year path for tokenized stocks.
Watch the full interview with @TheDomino and Nick Cherney on @CNBC's @ETFEdgeCNBC: https://t.co/oNuKplIjy7
Financial privacy is a basic human right.
Glad it’s getting recognized in the U.S.
Treasury and FinCEN to withdraw Unhosted Wallet KYC rule and crypto mixing surveillance rule. The Patriot Act went too far. It’s too dangerous in the AI age.
Do you like tacos? 🌮
Own them, no matter where you are, no matter where they are.
With Hadron by @tether, taco trucks can also go on-chain!
Hadron tokenize anything, anywhere.
12 years ago today, USD₮ was born. 🤘
A digital dollar. Built for traders, now used by 700+ million people.
Twelve years. Unstoppable. Happy birthday, Tether.
Foreign central banks sold $55.6B of T-bills in a year, after buying $138.1B the year before.
Stablecoins hold nearly $200B, a new channel for U.S. debt. OpenAssets builds the infrastructure to scale it: every holder verified, every reserve reported. https://t.co/OViY4i1zxh