A new BIS working paper, 'Are Stablecoins and Bank Deposits Substitutes?', finds stablecoins compete directly with US bank deposits for customer funds.
Nine US-listed companies have formally objected to tokenized versions of their shares being offered on OKXICE, the proposed blockchain-based venue co-owned by OKX and Intercontinental Exchange, according to an October 15 public notice.
OpenWorld (NASDAQ: OPNW) signed a definitive merger agreement to acquire Blocksight as the foundation for an up-to-$1 billion tokenized solar and AI computing program with Meridian, plus an up-to-$130 million IP-backed transaction with BeyondAI.
Eight more companies objected to trading on the planned OKX-ICE venue under the SEC’s tokenized stock framework, while Nasdaq has separately said it would opt out.
Several US-listed companies have filed Notices of Issuer Objection that block tokenized versions of their shares from trading on OKXICE, a planned Tokenized Securities Venue. The venue's public notice is dated October 15, 2026.
DTCC has published the launch scope for its Tokenization Service: about $30 trillion in securities that can move on-chain as 1:1 digital twins of DTC-custodied assets.
Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payment firms add crypto rails.
A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive.
BIS research finds a 1-basis-point rise in bank deposit rates is linked to 3 percentage points less stablecoin growth over 10 weeks, with USDC hit harder.
Nine companies, including Broadcom and UnitedHealth, have objected to tokenized versions of their shares trading on OKXICE, highlighting issuer-control challenges for tokenized stocks.
Nine companies, including Broadcom and CoreWeave, object to their shares being tokenized and traded on OKXICE under the SEC's new rules for blockchain-based stocks.
Citrini Research published a 79-page report arguing blockchains have found their purpose in tokenizing real-world assets. Goldman Sachs, Wells Fargo and Morgan Stanley discussed tokenization on Q3 earnings calls, though none gave a revenue figure.
Nine U.S.-listed companies have objected to tokenized versions of their shares trading on OKXICE, the OKX and Intercontinental Exchange joint venture. The objections remove about 14% of the 63 stocks the venture planned to offer.
South Korean brokerage Meritz Securities signed a memorandum of understanding with the Canton Foundation to explore tokenizing domestic financial assets and integrating them into global institutional markets.
Chainalysis data shows holders in Italy, Portugal and Singapore account for 66.9% of tokenized US Treasuries, highlighting the dominance of foreign holders.
Uniform Labs, the company behind Multiliquid, closed a Polychain-led seed round, bringing its total raise to $8M for tokenized asset liquidity. CMT Digital, Strobe Ventures and Circle Ventures also participated.
Nine U.S.-listed companies, including Broadcom, Coreweave, Verizon and Unitedhealth, have formally objected to tokenized versions of their shares trading on OKXICE, a roadblock for the venture's plans for round-the-clock stock trading.
Mastercard and BVNK introduced the Mastercard Global Money Platform, combining stablecoin balances with traditional banking and card payments. It is the first major product since Mastercard's acquisition of BVNK.
Coinbase, Circle's largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee. Circle is defending its USDC economics.
Goldman Sachs CEO David Solomon said on the Oct. 13 earnings call that tokenization could open new revenue opportunities, citing tokenized bonds, money market funds, real estate and the bank's participation in DTCC's tokenization service.
Nine companies including CoreWeave, Broadcom and Verizon objected to OKXICE listing tokenized trading of their shares. Applied Optoelectronics told the WSJ it was unsure how tokenization would affect its stock price, liquidity and volatility.
Marqeta and Coinbase are expanding their six-year partnership so businesses can issue payment cards backed by stablecoins, combining blockchain-based funding with existing card networks.