IBM, Oracle, Intel and IonQ have formally objected to OKX-ICE's proposed tokenized stock trading, bringing the objection count to 26. The SEC's Innovation Exemption gives companies 30 days to reject third-party tokenized stock listings.
Lynq and ZeroBeta have integrated their institutional platforms on Avalanche so tokenized U.S. Treasuries can serve as collateral for secured loans and digital asset trading while still earning interest.
Moody's assigned Ripple's RLUSD A2 and P-1 deposit ratings, covering the token on XRP Ledger and Ethereum, weighing reserve safeguards against holders' exposure to an issuer bankruptcy.
Stablecoins are leading corporate interest in tokenised money, with 63% of large businesses already using or planning to adopt them, according to a DBS survey. Tokenised deposits followed at 53%, alongside tokenised money market funds at 52%. The report, The Great Rewiring: Money in a New Order, found that 88% of respondents were using or
Binance paid a $1.79-per-share dividend to holders of its ASMLB tokenized equity by crediting additional tokens, highlighting reinvestment-versus-liquidity trade-offs for tokenized stocks.
Ripple's RLUSD stablecoin is now live on Robinhood Chain and Bitstamp, extending the Ripple–Robinhood partnership across treasury and institutional settlement.
Ripple and C2FO are bringing invoice financing and settlement to the XRP Ledger using the RLUSD stablecoin, announced Oct. 27. The initiative aims to give suppliers faster access to cash from approved invoices.
More than 40% of the companies initially proposed for tokenized listings on the OKX-ICE venture, including Intel, IBM, Oracle and IonQ, have asked to opt out.
Ripple announced a Robinhood partnership covering RLUSD, institutional financing and treasury management, as reports say Treasury Secretary Bessent will appear at Ripple Swell.
Treasury Secretary Bessent, speaking at Ripple's conference, said SEC and CFTC action could fill the gap left by the failed Clarity Act while curbing crypto debanking.
Robinhood's crypto revenue fell 55% year over year on lower trading volume, but its broader blockchain business, including Robinhood Chain, gained traction.
Lynq and ZeroBeta connected institutional borrowing and trading margin to tokenized U.S. Treasuries on Avalanche, letting eligible pledged holdings keep earning yield.
Intel, Oracle, IBM and IonQ became the latest companies to object to their shares trading on the planned OKX-ICE tokenized stock venue, bringing the total to 26.
Anchorage Digital Bank expanded its partnership with Bitso, bringing custody of the Mexican peso stablecoin MXNB across six blockchains alongside two dollar-denominated stablecoins.