Olivia Vande Woude

tokenization @avalabs 🔺 || former @troweprice || @williamandmary || Opinions are my own & not the views of my employer || 🇺🇸

[Olivia Vande Woude @cryptoreine]

1/ As the crypto bull market accelerates, builders, investors, and enjoyoors face a crucial question: what blockchain architecture will fuel the next wave of innovation?

The answer is clear—purpose-built blockchains on @avax will lead the way. Here’s why. 👇

🔗 Full deep dive: https://t.co/i3v3R2371t

[Olivia Vande Woude @cryptoreine]

📍 @multicoin summit 2026

[Olivia Vande Woude @cryptoreine]

Applied Optoelectronics opted out of OKXICE b/c it wasn’t sure how tokenization would affect its price, liquidity, volatility, or whether investors would think the company was involved in the offering

those aren’t groundless objections... every issuer will ask, & as an industry we’re not answering them well enough. Opt-outs convert to opt-ins when we clarify the legal / operational structure.

[crypto.news @cryptodotnews]

BREAKING: OKXICE sets Nov. 23 launch for tokenized securities platform despite objections from 67 companies

The joint OKX and ICE venture plans to offer more than 70 assets, including 59 ETFs, with 24/7 trading for eligible U.S. customers under a five-year SEC exemption.

[Olivia Vande Woude @cryptoreine]

@wealth_mgmt Interesting to see Morgan Stanley bought the recordkeeping layer outright rather than partnering for it... shows where MS sees control over equity ownership sitting

[Olivia Vande Woude @cryptoreine]

@MorganStanley @vinylequity A tokenized share is a digital version of a share that lives on a blockchain... it still has to match the official record of ownership, so whoever keeps that record is the place to create, approve tokenized shares. Morgan Stanley now owns that spot for its clients.

[Olivia Vande Woude @cryptoreine]

@BSCNews @MorganStanley @vinylequity Now @MorganStanley owns the record of who owns the shares; any tokenized share class needs to begin there

[Olivia Vande Woude @cryptoreine]

@RWAFoundation_ @MorganStanley @vinylequity w/ a transfer agent, Morgan Stanley can serve companies from equity comp through the full lifecycle...

[Olivia Vande Woude @cryptoreine]

Morgan Stanley at Work serves ~50% of the S&P 500, & now it owns a transfer agent too... that represents end to end ownership: stock grants, official shareholder register, IPO, & trading afterward. Any tokenized share class would start there.

[BSCN @BSCNews]

Morgan Stanley moves to own the shareholder record

@MorganStanley plans to buy @vinylequity, an SEC-registered transfer agent that keeps shareholder records for companies on the NYSE, Nasdaq, and OTC markets. The bank says the deal gives it key infrastructure for future tokenization plans, with closing expected in early 2027.

Transfer agents keep the official record of who owns a company’s shares, a key piece of any move to tokenized stocks. No price was disclosed, and Vinyl’s services will join Morgan Stanley at Work, the bank’s platform for managing company equity.

[Olivia Vande Woude @cryptoreine]

The story here is distribution. @MorganStanley at Work already touches ~1/2 the S&P 500. Now it owns the transfer agent too, so it sits at the point where any tokenized share class would originate.

[Morgan Stanley @MorganStanley]

Today we announced plans to acquire @vinylequity, a digital-native transfer agent and shareholder recordkeeping platform. Companies preparing to go public face growing demands for transparency, efficiency and access to liquidity. This acquisition will bring recordkeeping and transfer agency capabilities to Morgan Stanley at Work, so companies can manage equity administration and shareholder services in one place. Together, we'll continue to strengthen our integrated approach to serving companies and their shareholders. Read more: https://t.co/2sZ6P720ox

[Olivia Vande Woude @cryptoreine]

Whoever maintains the official register decides what can be tokenized & how it reconciles to the legal record.

[Katherine Kirkpatrick Bos @kkirkbos]

At the end of the day, when it comes to acquisition, licenses are valuable. Vinyl Equity is a digital-first, SEC-registered transfer agent.

[Olivia Vande Woude @cryptoreine]

Digital native, SEC-registered TAs with issuer traction are scarce..raising their strategic value & making further M&A likely

[MSB Intel @MSBIntel]

Morgan Stanley, with $10.5 trillion in client assets, has agreed to buy transfer agent Vinyl Equity as infrastructure for future tokenization.

The bank says it is among the first to tokenize US stocks and Treasuries through DTCC's service.

@MorganStanley @The_DTCC

[Morgan Krupetsky @MorganKrupetsky]

Another example of DeFi bringing familiar TradFi financial products onchain.

@ethena and @pendle_fi have introduced new fixed-term markets for USDe, with 3-12m maturities, and plans to be made available on Avalanche.

Think of it as the onchain equivalent of a zero-coupon bond or Treasury bill. Investors can purchase an asset at a discount today, lock in a fixed return, and redeem it at par at maturity (in this case, in USDe).

Why is this interesting?

In TradFi, fixed-income markets allow investors to choose their duration, lock in yields, and manage exposure to changing interest rates. Pendle is bringing similar functionality to DeFi, with the added benefit of programmable, composable financial instruments.

And for @avax, as these markets develop, they can bring new sources of stablecoin liquidity, create demand for longer-duration capital, and potentially introduce new assets that can be used as collateral across onchain lending markets.

Love to see Ethena and Pendle expanding this opportunity to Avalanche 🔺

[Dylan Bane @dylangbane]

NYSE choosing to settle on Avalanche is mostly driven by the quality of Avalanche’s institutional BD team.

Blockspace is commoditized and institutions can’t really tell what’s the “best chain” from a technical standpoint. They pick the team they trust that understands their regulatory and operational constraints and builds around them.

The winners of the tokenization era will be solving business problems rather than technical ones.

[Olivia Vande Woude @cryptoreine]

Read more here: https://t.co/sA0cRtDIlT

[Olivia Vande Woude @cryptoreine]

Incumbent brokerages are treating @avax as a normal product line, and @CharlesSchwab rollout for Avalanche support today is a clear example.

[Olivia Vande Woude @cryptoreine]

Incumbent brokerages are treating crypto as a normal product line, with a phased rollout and a stated plan to add more assets...

A busy day for @avax.

[Avalanche🔺 @avax]

BREAKING: $13T @CharlesSchwab adds AVAX to Schwab Crypto

Schwab Crypto clients can now trade AVAX, marking the platform’s first crypto expansion beyond Bitcoin & Ethereum.

[Olivia Vande Woude @cryptoreine]

Incumbent crypto menus are expanding... @CharlesSchwab went from early access in May, to all eligible retail clients in October, to adding 3 assets in November !!

[Charles Schwab Corp @CharlesSchwab]

As of today, Schwab Crypto™ clients can buy and sell solana (SOL), avalanche (AVAX), and chainlink (LINK), in addition to bitcoin and ethereum. These new tokens are part of Schwab’s plans to thoughtfully expand its digital asset offering.

Learn more: https://t.co/BIk22rpzUU

[Olivia Vande Woude @cryptoreine]

@dylangbane Thanks @dylangbane !!!

[Olivia Vande Woude @cryptoreine]

What does a market operator at @NYSE scale need from a blockchain? High transaction throughput, near-instant settlement, predictable performance/costs, reliability, & control over network participation

[Olivia Vande Woude @cryptoreine]

Why care about @NYSE x @avax? NYSE says its planned platform would settle tokenized stocks instantly on Avalanche. The less time firms spend funding unsettled trades, the lower their carry costs, which could matter most for high turnover desks.

[voh @vohvohh]

A lot of CT has never really understood Avalanche.

For a while, it confused me, and admittedly, even hurt at times. I think I went through all five stages of grief trying to reconcile why others couldn’t see, or didn’t care to see, what I saw.

Crypto is a remarkably insular industry.

We have spent years mistaking the attention economy for the adoption curve, largely because speculative activity has historically been our most visible proxy for product-market fit. However, that is changing.

The industry developed its own definition of success, its own incentive structures, and consequently, its own blind spots (many of them). CT rewards immediacy, reflexivity, and narratives that can be monetized within a market cycle: Prediction markets, perpetuals, play to earn games, memecoins, to name a few. Institutional adoption operates on an entirely different time horizon, and its impacts are far less immediately gratifying- which, unfortunately, means it’s not really important CT.

And perhaps most importantly, the people making decisions about the future of financial infrastructure have very little reason to participate in the discourse that dominates CT.

The conversations happening with the NYSE and across traditional finance exist almost entirely outside CT’s field of view.

Avalanche has spent years positioning itself for precisely this kind of market. And increasingly, I think what many interpreted as a failure to capture attention was actually a fundamentally different thesis about where the industry was going.

[Olivia Vande Woude @cryptoreine]

Settlement speed is a balance sheet lever. Until a trade settles, firms tie up margin, clearing buffers, and counterparty exposure. Under @NYSE’s plan, @avax would settle trades instantly, which could free that capital for brokers and market makers to redeploy.

[Laura Shin @laurashin]

The ATS an NYSE affiliate is building will use Avalanche as its blockchain, per Ava Labs. Still missing: the name of the clearing firm, a launch date and the regulatory approval the venue needs first.

https://t.co/yWuAjoEGe1