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
The world's leading financial institutions are building tokenization into their roadmaps:
→ Citi
→ UBS
→ Visa
→ HSBC
→ Apollo
→ Fidelity
→ BlackRock
→ Mastercard
→ BNY Mellon
→ Wells Fargo
→ State Street
→ WisdomTree
→ Hamilton Lane
→ Goldman Sachs
→ Bank of America
→ Franklin Templeton
→ And many more
Together, these institutions manage trillions. Their conviction signals the tokenization opportunity is simply too big to ignore.
Major RWA x Tradfi Partnerships:
$LINK: Swift, DTCC, Euroclear, ANZ Bank, Fidelity International
$ONDO: BlackRock, Securitize, Morgan Stanley
$OM: MAG Group, Dubai Land Department
$AVAX: J.P. Morgan Onyx, Apollo Global Management, Citi, WisdomTree
$XLM: Franklin Templeton, WisdomTree, MoneyGram
$HBAR: abrdn, Standard Bank, Shinhan Bank, Mondelez International
$CFG: BlockTower Credit, New Silver, Anemoy
$MKR: Huntingdon Valley Bank, Société Générale Forge
$XDC: Trade Finance Distribution Initiative, Tradeteq
$POLYX: Association of National Numbering Agencies, ABC Tokens
Which TradFi giant do you think will bring the most liquidity on-chain?
Drop your pick in the comments and save this post for your research!
CEOs are quietly realizing the AI replacement plan has a problem.
Two problems, actually.
One: the token costs for running AI agents are now exceeding what they were paying the employees they fired.
Two: when the tokens run out, the AI stops. Just stops. No continuity. No workaround. Just a spinning wheel where your workforce used to be.
You fired humans to save money and bought a subscription that bills you into a corner.
The employees you let go knew what to do when things broke.
The AI just invoices you for the outage.
And then there’s the permission problem nobody wants to talk about.
To do its job, the AI agent needs access. Full access. Your systems, your patents, your contracts, your future plans. Everything you spent years building, handed over to a process that has no loyalty, no discretion, and no skin in the game.
You didn’t hire a replacement.
You gave a stranger with no soul the keys to everything you own.
Enjoy.
It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones.
Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated.
Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Finance’s longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team.
We will continue building what Nate started. That is the most meaningful way we know to honor him.
Digital assets are entering a new phase. What once ran in parallel to existing financial systems is increasingly being applied to solve practical, real-world needs — often behind the scenes – from cross-border remittances to B2B money transfers. This creates new opportunities to add value in how money moves globally.
Today, we introduced the Mastercard Crypto Partner Program — a global initiative that brings together more than 85 crypto-native companies, payments providers, and financial institutions. Together, we're creating a forum for meaningful dialogue and collaboration as this space continues to mature.
We’re now officially a fully licensed bank in the UK.
As a bank, we’ll soon offer accounts protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person on eligible deposits.
It also means we’ll be able to launch more banking features in the future — so keep an eye out for updates.
Today, we officially filed our application for a U.S. banking license.
This is a major milestone in our mission to build the world’s first truly global bank.
Huge. An entire country is coming onchain, using USDC and @base.
Excited to support Bermuda’s transition toward an onchain economy that empowers the people, local businesses, and institutions 💪
Open financial systems will drive economic freedom.