At a glance
- Securitize Stocks is launching on Solana with 12 companies, backed one-to-one by shares and settling in USDC, according to The Block, with Apple and Nvidia among the names.
- Tokenized equity supply is up 395%, but onchain collateral sits at $81 million, RedStone reports.
- Crédit Agricole Assurances allocated €100 million to a tokenized Amundi cash fund, with CACEIS acting as tokenization and transfer agent.
OKX has added Circle, Ripple, Qube and SC Ventures as strategic investors behind its tokenized-equities effort, at the same $25 billion pre-money valuation ICE agreed in March. The exchange did not disclose the amount.
Securitize Stocks is launching on Solana with 12 companies, backed one-to-one by shares and settling in USDC, according to The Block, with Apple and Nvidia among the names. Securitize is also aiming at NYSE's planned 24/7 trading platform.
Tokenized equity supply is up 395%, but onchain collateral sits at $81 million, RedStone reports. Leveraged equity exposure onchain remains almost entirely in perpetual futures rather than tokenized shares, The Defiant notes.
Elsewhere in institutional capital
Crédit Agricole Assurances allocated €100 million to a tokenized Amundi cash fund, with CACEIS acting as tokenization and transfer agent. GSR committed $100 million to Hare, an onchain vault business built with Turtle, structured mostly as a credit facility to seed two Aave-powered vaults—one for major stablecoins, one for Paxos' tokenized gold.
A survey from the Conference of State Bank Supervisors found 20% of community banks could offer tokenized deposits and 17% stablecoins. Banks planning stablecoin offerings favored core service providers over stablecoin networks.
Reported by The Wrap desk from The Block, The Defiant and assignment brief. Published . Corrections
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