Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat
The largest Wall Street banks are eyeing new trading opportunities, faster payments and a role for advisers as tokenization takes root.
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RWA news archive
Browse saved tokenization headlines from the RWA Foundation news archive. Each headline links to its original publisher.
Citrini sees a tokenization boom. The harder question is who profits
Research firm Citrini says real-world assets could finally give blockchains a clear role in finance. The open question for investors is which companies, networks and protocols capture the revenue.
Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe
Polygon CEO Marc Boiron says the Coinme acquisition gives Polygon control of customer relationships and payments revenue.
Circle Discloses $1.4 Billion H1 Revenue, Paying 59% to USDC Partners
Circle paid $819 million, or 59% of its $1.4 billion first-half revenue, to USDC distribution partners while settling $36 trillion in onchain transactions.
Only 10.7% of tokenized stock market cap is issuer-sponsored
Data shows only 10.7% of tokenized stock market cap is issuer-sponsored, with synthetic tokens dominating. The gap raises questions about investor rights and custodian dependency.
BIS paper finds banks could slow stablecoin growth by raising rates
A BIS paper finds banks could slow stablecoin growth by raising deposit rates. The research bears on monetary policy and competition between banks and digital currencies.
Coinbase tokenized stocks in DeFi soar to $262M on Base platform
Coinbase-linked tokenized stocks in DeFi on Base have grown to $262M. The surge points to DeFi's growing role in equity markets.
ECB’s Lagarde Pushes Digital Euro and Tokenized Settlement at IMF
ECB's Lagarde pushed the digital euro and tokenized settlement at the IMF meetings.
Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report
Circle CEO Jeremy Allaire says the stablecoin issuer is looking to enter 40 developing markets, citing rising stablecoin demand in Southeast Asia, Latin America, Africa and the Middle East.
Lagarde says euro-area economy is resilient, digital euro imminent
ECB President Christine Lagarde said the digital euro is imminent and will stimulate innovation and competition in retail payments.
DTCC Plans $30T Securities Tokenization Across Canton and Besu
DTCC plans a tokenization rollout of securities across the Canton and Besu networks, according to The Crypto Times.
HSBC and Ant Digital Technologies Complete Technical Test of AI-Enabled Micropayments with Tokenized Deposits
HSBC and Ant Digital Technologies completed a technical test of AI agents handling service interactions and micropayments in a single automated flow using tokenized deposits.
Scope at Launch and What’s Next - DTCC
DTCC outlines the scope of its launch and what comes next.
Ripple Advances Global Funding Rails with DriveWealth and Deepens South Korean Institutional Presence
Ripple formed a partnership with brokerage-as-a-service platform DriveWealth to expand institutional funding rails, and deepened its South Korean institutional presence.
Prometheum and Federated Hermes Partner to Bring Tokenized Funds into Mainstream US Brokerage Accounts
Prometheum and Federated Hermes announced a partnership to bring tokenized fund shares into the regulated US brokerage system.
Japan’s Three Megabanks Confirm Their Shared Yen Stablecoin Works in Pilot
Three Japanese megabanks cleared a joint yen-stablecoin pilot with Mitsubishi UFJ Trust, moving a deposit-backed token closer to corporate use.
Visa and Mastercard adopt USDC payouts across 200 countries
Visa and Mastercard are rolling out USDC-funded payouts across about 200 countries via Visa's Inyo and Mastercard's BVNK platform. Availability is subject to eligibility and rollout limits.
SBI and Startale Join Open Standard to Pilot Yen-Dollar Stablecoin Settlement
SBI Holdings and Startale Group joined the Open Standard alliance behind the OUSD dollar stablecoin. They will pilot linking it with the yen-denominated JPYSC.
Solana Apps Generate $193M in 30 Days Amid Real-World Assets Surge
Solana generated $193.1 million in application revenue over 30 days, per Castle Labs research, with growth spreading beyond meme coins into real-world assets.
Circle Defends USDC Economics After $1.4 Billion in First-Half Revenue
Circle disclosed that about 59% of its $1.4 billion in first-half 2026 revenue went to USDC distribution, transaction costs and partner payments, leaving a net margin of roughly 7%.
Marqeta and Coinbase Take Stablecoin Spending Mainstream
Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, via a new integration of Marqeta’s card issuing platform with Coinbase’s infrastructure.
Cross River Bank links $2.4B RLUSD to core banking system
Cross River Bank says fintechs can access dollar and RLUSD payments through one API tied to its core banking system, with availability limited to some US states.
Fission Raises $10M Series A Led by Pantera Capital for Tokenized Fund Liquidity
Tokenization startup Fission raised a $10M Series A led by Pantera Capital, with Circle Ventures and Borderless Capital participating, to expand liquidity for on-chain investment funds.
Visa Moves Massive Stablecoin Payments Pilot Into Production Phase
Visa moved its stablecoin payments pilot into commercial production with Inyo Global, enabling receipt and prefunding of stablecoin payments across 180+ countries via Visa Direct.
Jack Henry & Associates Expands Collaboration with Google Cloud to Deliver Tokenized Deposits for Banks and Credit Unions
Jack Henry & Associates is expanding its collaboration with Google Cloud to offer tokenized deposits to banks and credit unions.
USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar
Circle spent 93% of its first-half 2026 revenue on distribution, operations and investment, even as USDC processed more than \$36 trillion in transactions. The issuer generated about \$1.4 billion in H1 revenue.
Stablecoins Take Aim at Cash Locked in Prefunding
Stablecoins are being positioned to cut the working capital tied up in prefunding cross-border payouts, which require cash held in advance across currencies and time zones.
Tokenized equities hit $3.8B as weekly DEX trading climbs 55-fold
Tokenized equities have reached $3.8 billion in market value, with weekly decentralized exchange trading up 55-fold since January, according to a DWF Labs report.
Circle Plans Push Into 40 Emerging Markets as Stablecoins Go Mainstream, CEO Says
Circle CEO Jeremy Allaire told Reuters the USDC issuer plans to enter about 40 emerging and developing markets, citing demand in Southeast Asia, Latin America, Africa and the Middle East.
Circle defends USDC economics as Open USD courts its partners
Circle published a long blog post on how it splits USDC revenue with partners, seen as a response to the Open USD (OUSD) stablecoin courting those partners.