Tokenization is transforming finance.
This week, major banks planned a tokenized deposit network, payment giants expanded stablecoin settlement, and new asset classes came onchain.
Latest tokenization news ↓
1️⃣ America's biggest banks plan tokenized deposit network
JPMorgan, Citi, Bank of America, and Wells Fargo, alongside 12+ other banks, plan to launch a tokenized deposit network by H1 2027.
https://t.co/F9aE6C1KOf
2️⃣ Mastercard expands card settlement hours via stablecoins
Mastercard announced the use of stablecoins to enable intraday and weekend settlement between card issuers and acquirers across eight blockchains and six regulated stablecoins.
https://t.co/UUKKkXNSJO
3️⃣ Goldman Sachs launches tokenized real estate fund on GS DAP
Goldman Sachs launched a blockchain-native real estate fund on its GS DAP platform, with LRC Group as fund manager and Archax as custodian.
https://t.co/zOWa3xl3OR
4️⃣ Citi releases Tokenization 2030 report
Citi Institute's latest report projects the tokenized real-world asset market growing from $17B today to $5.5T by 2030, with stablecoins reaching $1.9T.
https://t.co/JdipEDYVP0
5️⃣ Ondo tokenized stocks will soon be usable as collateral on @OndoPerps
The RWA perps platform powered by Ondo Finance technology launches Tuesday, June 9 for non-US users.
https://t.co/CvWcWBUKHa
If you’re curious:
$4649 for 107,894,491 (100M+) impressions!
All of this is going to dog rescues, will be doing large donations later!
It’s ~$600 / dog rescued, so it scales proportionally with Serenity fan count!
I also believe in making all my profits off $SIVE to $AAOI with stocks in the market, not off followers.
Especially if I’m a good enough investor.
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I’m glad I can help things I care about just by posting ideas throughout the day for fun.
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Jeff Bezos: "If people want me to pay more billions, then let's have that debate, but don't pretend that that's gonna solve the problem. You could double the taxes I pay, and it's not gonna help that teacher in Queens.... Airbnb isn't causing high rents. What's really causing high rent is government intervention."
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Tokenized stocks are rapidly expanding.
The total market cap of onchain tokenized stocks is now up to a record $1.6 billion.
This marks a +240% increase year-to-date as tokenization gains popularity and equity markets have experienced a historic rally.
Additionally, trading volume is also gaining momentum as xStocks and Ondo, two of the most active spot providers in the space, have both posted ~200% growth in monthly active trading volume this year.
Amid this growth, Jupiter, the largest onchain platform, has processed over $400 million in onchain tokenized stock spot volume, becoming a key venue for tokenized spot trading.
Meanwhile, in a sudden shift, Bloomberg reported that the SEC is now preparing a framework for the trading of tokenized stocks.
Tokenization is accelerating.
Just hit 1 million in Roth IRA in the premarket with $NBIS doing the heavy lifting. Trading in your Roth can be a powerful way to snowball tax free gains for life. Special thanks to my senpai @aleabitoreddit for making this possible sharing his wisdom. Next goal: 10mm NW overall!
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