🚨 JUST IN: CMCC Global is teaming up with Tether and Bitfinex Securities to bring two investment funds onchain. The funds will use Tether’s Hadron platform and be offered through Bitfinex Securities under El Salvador’s digital asset framework. We’ve seen tokenized Treasuries gain traction. Now, fund managers are exploring how to bring other investment products onchain. I’m interested in what comes next. who gets access to these funds, and how easy will it be to trade the tokens once they’re issued?

RWA updates you might’ve missed today 👇 🇲🇾 Malaysia: Bank Negara launched a platform for tokenized bonds and sukuk, connected to payment infrastructure operating 24/7. 🏦 Anchorage Digital × Securitize: The partnership will let institutions mint and redeem stablecoins directly through a federally chartered bank, integrating custody and settlement. 🇺🇸 OCC: A new final rule sets out requirements for payment stablecoin issuers under the GENIUS Act, taking effect January 18, 2027. 📉 Tokenized stocks: Major companies, including Microsoft and Goldman Sachs, are pushing back against plans to trade their shares through tokenized platforms.

RWA updates you might’ve missed 👇 • Fission raised $10M to help investors exit tokenized private funds faster. • Victory Park Capital + Tradable launched a tokenized private credit feeder fund on Stellar, with monthly stablecoin distributions. • Ripple Prime added institutional RWA swaps linked to Hyperliquid markets, covering equities, ETFs, metals and energy.

BNY and Citadel Securities just demonstrated something important for tokenized Treasuries. They bought a 2-year U.S. Treasury, settled its tokenized representation within minutes, then used it as collateral for an overnight repo. The asset didn’t just get tokenized. It moved from trading to settlement to financing in one connected workflow. If tokenized assets can be put to work faster, the real value is in the capital they unlock not the token itself.

RWA news you might have missed: Franklin Templeton and Animoca Brands are working to bring institutional tokenized assets to NUVA. XRP Ledger has activated new permissions that let businesses delegate specific tasks without exposing their main signing keys. Base is betting that tokenized equities and non-dollar stablecoins will drive the next wave of adoption. Samsung Wallet is preparing to bring USDC transfers to millions of eligible devices. The market is expanding on two fronts. More assets are coming onchain, but the infrastructure around access, permissions and compliance is evolving too.

RWA news you might have missed: The ECB is now looking at different ways central bank money could move onchain. Fiserv’s digital-asset platform has gone live with banks, with North Dakota’s bank-issued stablecoin as its first use case. Chainlink and Swift also demonstrated automated dividends for tokenized equities across four blockchains. And OpenWorld started trading on Nasdaq with tokenization infrastructure as a core part of its business. If tokenized securities are going to move seamlessly, they need move with rules embedded in them.

RWA news you might have missed: ANZ, BHP and Citi completed a live cross-border payment using tokenized deposits through Swift. Brazil’s CSD BR is putting BTG Pactual fund shares on the XRP Ledger, while keeping the official ownership records within its existing infrastructure. Mashreq also completed a live transaction with Citi through Swift’s blockchain infrastructure. And South Korea’s regulator met with Nasdaq, DTCC and HKEX to discuss tokenized securities.

Weekend news you may have missed: The U.S. banking system is starting to build an actual network for tokenized deposits. The Clearing House just selected Quant to power its On-Chain Money Initiative. Banks being able to move tokenized deposits between each other while still connecting to existing payment rails like RTP and CHIPS. We’re getting closer to markets where the asset and the money settle in the same environment

RWA news you may have missed: • ECB and EU central banks are challenging MiCA’s stablecoin reserve framework. • Kakao Pay, Kakao Bank and Fireblocks are exploring institutional digital-asset infrastructure in Korea. • Hana Bank and Upbit Global are developing infrastructure for compliant digital-asset transfers. • ShredPay is connecting stablecoin infrastructure to banks and credit unions.

Tokenization news you may have missed: • The SEC opened a 5-year pathway for trading certain tokenized U.S. stocks onchain. • Partior + LSEG DiSH are working toward 24/7 settlement liquidity across banks. • Circle’s Arc mainnet went live with major financial institutions among its validators. Tokenization is moving beyond issuance.

SOOHO is connecting Korean financial institutions to Partior’s tokenized deposit rails This is the part of tokenization I care about. When the token becomes infrastructure other financial systems can actually use, but can compliance can move with it?

SBI Group just led a $68M round into Fasset Another $68M is going into stablecoin infrastructure At some point, it stops looking like a crypto category and starts looking like part of the financial system

“Everything will be tokenized” is easy. Making those trillions connect across chains is the hard part. That’s where we’re focused. 🦖

While they debate the cycle, we’re designing the next one 🗿