# Tokenization Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Tokenization", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Uniswap Founder Believes Tokenization Is the Next Major Challenge for AMM Market Makers

Uniswap founder Hayden Adams believes tokenization will be the next major challenge for automated market makers (AMMs), which are still in their early stages. AMMs, facilitating billions in daily trades on decentralized exchanges (DEXs), could be key for providing liquidity to tokenized real-world assets (RWAs) moving onto public blockchains. Tokenized assets, particularly U.S. Treasuries via funds like BlackRock's BUIDL, are growing rapidly, with an estimated $18 billion in risk-weighted RWA on-chain by January 2026. Regulatory clarity in the U.S. (e.g., the GENIUS Act, SEC reforms) and frameworks in Europe and Asia are supporting this growth. However, AMMs face hurdles. Liquidity on platforms like Uniswap V3 remains concentrated among a small group of sophisticated providers. Tokenization itself does not guarantee liquidity; active market-making is still required, and many tokenized products are limited to accredited investors with thin secondary markets. A major unresolved issue is regulation. Industry groups like SIFMA argue AMM functions—such as order routing, pricing, and settlement—could fall under securities laws. How regulators treat AMMs will determine whether Adams's vision for tokenized asset trading is realized on public blockchains or within regulated exchanges.

cryptonews.ru08/26 08:10

Uniswap Founder Believes Tokenization Is the Next Major Challenge for AMM Market Makers

cryptonews.ru08/26 08:10

Podcast Notes | Conversation with Tom Lee: Bitmine Acquiring Nearly 5% of Total ETH Supply Is Not the End Goal, ETH Price Target Set at $10,000

In a podcast interview, Tom Lee, Chairman of BitMine Immersion Technologies, discusses the company's strategy to accumulate nearly 5% of the total Ethereum supply within 14 months, using equity financing and avoiding debt. BitMine has consistently purchased ETH for over 60 consecutive weeks, with recent weeks combining buybacks with purchases. The company's substantial ETH holdings generate approximately $300 million in annual staking rewards, covering operational costs like the dividends for its 9.5% perpetual preferred stock (BMNP). Lee positions ETH as a store-of-value asset, likening it to stocks or land, rather than a pure cash-flow instrument. Looking ahead, Lee suggests BitMine may continue buying beyond the 5% target if institutional adoption grows. He outlines a bullish price target for ETH: surpassing $5,000 in a new crypto bull cycle and potentially exceeding $10,000 within 1-2 years, driven by Wall Street tokenization and AI-related demand. The discussion also covers BitMine's evolution into an ecosystem player, funding Ethereum Foundation spin-offs and developing its Maven staking platform. Lee acknowledges his significant financial interests are tied to ETH's price and BitMine's performance. The interview provides a framework for evaluating ETH as a long-term asset, emphasizing staking yield sustainability and future institutional demand, while noting the uncertainties surrounding macro cycles and real-world adoption.

marsbit08/26 05:56

Podcast Notes | Conversation with Tom Lee: Bitmine Acquiring Nearly 5% of Total ETH Supply Is Not the End Goal, ETH Price Target Set at $10,000

marsbit08/26 05:56

Why is XRP in the red now after a 50% weekly surge?

XRP fell 2.2% over 24 hours after a 49.4% surge in the previous week, moving back into negative territory. The drop coincides with major banks advancing blockchain-based payment solutions that address the need for prefunding in cross-border transfers, potentially competing with XRP's use case. JPMorgan Chase expanded its blockchain settlement system, Kinexys, to eight currencies, allowing clients to move and exchange funds around the clock without needing a separate crypto asset. Similarly, Citigroup operates a round-the-clock USD clearing network and offers Citi Token Services for tokenized deposits, aiming to speed up payments while reducing the amount of capital required upfront. While its 90-second settlement is slower than XRP Ledger's 3-5 seconds, using cash already held in a regulated bank may be more critical for companies. Furthermore, SWIFT has facilitated interoperability between different bank-issued tokenized deposits without a common cryptocurrency. In a recent pilot, HSBC and Standard Chartered completed a cross-border transaction using SWIFT's ledger to coordinate and settle obligations between their separate token systems. SWIFT reports that 17 banks across six continents are preparing for real transactions using this model. These developments in traditional finance present alternative, bank-integrated pathways for instant, cross-border value transfer, potentially impacting the demand and price trajectory for XRP.

cryptonews.ru08/26 05:13

Why is XRP in the red now after a 50% weekly surge?

cryptonews.ru08/26 05:13

US banking groups plan to launch nationwide blockchain network in 2027

A group of 39 U.S. state banking associations has formed the BankChain alliance to build a nationwide, bank-owned blockchain network scheduled to launch in 2027. The network will support smart payments, tokenized deposits, stablecoins, and automated settlements, with plans for interoperability with other blockchains. The alliance invites banks across the country to take an equity stake, though specific participants and funding details were not disclosed. BankChain joins several U.S. banking initiatives announced since late 2025, aiming to create shared infrastructure for moving deposits and enabling on-chain payments within the regulated banking system. Other projects include The Clearing House's initiative backed by major banks like JPMorgan Chase and Bank of America for settling tokenized deposits, a separate network by regional lenders through Cari, and a consortium for local banks via the Texas Independent Bankers Association. In parallel, stablecoin developers are also adopting consortium models, such as the Open USD project, which involves over 140 companies and plans to launch in 2026.

cryptonews.ru08/26 05:10

US banking groups plan to launch nationwide blockchain network in 2027

cryptonews.ru08/26 05:10

Banks Fight Back Against Stablecoins? 39 State Associations in the US Form BankChain, Targeting Launch of Their Own Chain by 2027

U.S. Banks Form Alliance to Launch Own Blockchain in Response to Stablecoins On August 25, banking associations from 39 U.S. states jointly announced the formation of the BankChain Alliance. This coalition, representing approximately 3,283 banks with $21.8 trillion in assets, plans to develop and launch a proprietary, industry-owned and governed blockchain network by 2027. The primary goal of the initiative is to enable banks to offer modern digital services—including tokenized deposits, bank-issued stablecoins, smart payment tools, and automated settlement—while keeping customer funds within the regulated banking system. This move is widely seen as a strategic response to the growing market share of external stablecoin issuers like Circle and Tether, which banks fear could draw away customers and deposits. Tokenized deposits are described as a "digital twin" of traditional deposits, remaining on bank ledgers and protected by existing regulations and FDIC insurance, but allowing faster transfers. Bank-issued stablecoins would be fully regulated and backed by actual bank deposits. The alliance is currently selecting technical partners and emphasizes that its network will be interoperable with other blockchains. The effort reflects the banking industry's attempt to integrate blockchain capabilities within its own regulatory perimeter as stablecoin frameworks develop in the U.S.

marsbit08/26 04:31

Banks Fight Back Against Stablecoins? 39 State Associations in the US Form BankChain, Targeting Launch of Their Own Chain by 2027

marsbit08/26 04:31

Didier Zheng Answers: Will MicroStrategy Enter a Death Spiral? How Will the Macro Trend Unfold in the Second Half of the Year?

In the latest WuShuo Uncensored podcast, investor Didier Zheng analyzes recent market trends. He argues that Bitcoin's recent decline is primarily driven by market anticipation of MicroStrategy potentially selling small amounts of Bitcoin regularly to cover cash flow for its growing priority shares and debt, rather than macro factors or ETF outflows alone. This creates a new dynamic of expected continuous selling pressure. Didier views Token as the new form of labor in the AI era, replacing human roles in execution and driving the ongoing rally in U.S. stocks within the AI supply chain (semiconductors, data centers). This shift is seen as a long-term structural change, boosting corporate profitability. He notes that crypto exchanges are naturally expanding into U.S. stocks and real-world assets due to the scarcity of valuable native crypto assets beyond Bitcoin and major protocols. For traders, the transition may not require a drastic change in strategy, as similar speculative and fundamental assets exist in both markets. The analyst believes the native crypto altcoin rally is likely over, severely damaged by the liquidity destruction from the "1011" crash event. Liquidity has migrated to deeper markets like U.S. equities. For the macro outlook, Didier expresses increased caution for H2 2024 due to potential market pressure from mega-IPOs (e.g., SpaceX) and the U.S. midterm elections. A Democratic sweep could bring stricter regulation for Web3 and AI. Long-term, he remains optimistic about the convergence of AI and blockchain, enabling a more automated, machine-driven economy, but expects a shift towards a more mature, institutional phase for the crypto industry.

marsbit08/26 04:01

Didier Zheng Answers: Will MicroStrategy Enter a Death Spiral? How Will the Macro Trend Unfold in the Second Half of the Year?

marsbit08/26 04:01

Solana Breaks Above $100 for the First Time Since February Amid Record Network Activity

Solana (SOL) has surpassed $100 for the first time since February, rising nearly 40% in eight days amid a broader crypto market recovery. This rally coincides with record network activity, with Solana processing 4.2 billion transactions in July, a 13.5% increase from June and a 91% surge since December, indicating sustained user base growth. The tokenized real-world asset (RWA) sector is also expanding, with the total value across tracked blockchains exceeding $38 billion. Solana's RWA value approaches $4 billion, placing it among leading networks in this segment. Key drivers include the broader market recovery and the U.S. Treasury's decision to increase long-term bond buybacks, which lowered yields and boosted risk appetite. However, from a data analysis perspective, caution is warranted. Past record transaction figures have sometimes been inflated by technical no-op calls or validator votes rather than genuine user activity. Additionally, the ecosystem faces ongoing trust challenges, highlighted by the $286 million hack of Drift Protocol in April 2026.

cryptonews.ru08/25 21:26

Solana Breaks Above $100 for the First Time Since February Amid Record Network Activity

cryptonews.ru08/25 21:26

FlyEdge Launches Test Platform for Tokenizing Airline Bonus Programs

FlyEdge, a B2B platform specializing in tokenizing airline loyalty programs, has launched a public preview of its blockchain infrastructure. Airlines and passengers can now test the system and track the entire process on-chain, from token issuance and conversion to transfer and redemption. The platform is built on StreamChain, an EVM-compatible blockchain tailored for airline loyalty solutions. Airlines retain full control over their loyalty tokens, using FlyEdge tools to mint, burn, and transfer them, with all transactions recorded on the blockchain for verification. For passengers, FlyEdge aims to make blockchain technology invisible. Users receive non-custodial smart wallets secured by passkeys, and the platform covers network fees. This eliminates the need for users to manage seed phrases, purchase tokens for gas fees, or use typical crypto wallets. The preview version, launched on August 20 in 12 languages, has already processed 100 test assets and user operations on-chain. FlyEdge clarified that this release is for testing purposes by airlines, passengers, and media, and does not mark the start of commercial operations with real airline partners.

cryptonews.ru08/25 20:43

FlyEdge Launches Test Platform for Tokenizing Airline Bonus Programs

cryptonews.ru08/25 20:43

FlyEdge Launches Test Platform for Tokenizing Airline Loyalty Points

FlyEdge, a B2B platform focused on tokenizing airline loyalty programs, has launched a public preview version of its blockchain infrastructure. The platform, built on the EVM-compatible StreamChain, allows airlines and passengers to test the system. Users can track the entire process on the blockchain, including token issuance, conversion, transfer, and redemption. Airlines maintain full control over their loyalty tokens through a dedicated FlyEdge tool, enabling them to mint, burn, and transfer tokens, with all transactions recorded and verifiable on-chain. For passengers, FlyEdge aims to simplify the user experience by offering non-custodial smart wallets secured with passkeys, with the platform covering all network fees. This eliminates the need for users to manage seed phrases, purchase gas tokens, or use traditional crypto wallets. The preview version, released on August 20th in 12 languages, has already processed 100 test assets and user operations. FlyEdge emphasized that this launch is for testing purposes with airlines, passengers, and media, and does not mark the start of commercial operations with real airline partners.

cryptonews.ru08/25 17:26

cryptonews.ru08/25 17:26

Arcus Launches Tokenized Perpetual Positions on Robinhood Chain

Arcus, a decentralized exchange (DEX) created by the team behind dYdX, has launched tokenized perpetual positions on Robinhood Chain. Its protocol converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for margin trading. Initial products include pBTC3x and pHOOD3x, offering 3x leveraged exposure to Bitcoin and Robinhood's HOOD stock token, respectively. The platform's multi-collateral mechanism supports stock tokens like SPY, QQQ, and MAG7 with a 50% loan-to-value ratio. CEO Eddie Zhang stated the goal is to integrate sophisticated investment strategies, like leveraged ETFs, directly into blockchain infrastructure. Since its July 1 launch on Robinhood Chain, Arcus has seen over $250 million in total trading volume with a daily average exceeding $33 million. This activity helped propel Robinhood Chain's total value locked (TVL) to $596 million, placing it among the top 15 DeFi networks by TVL.

cryptonews.ru08/25 16:37

Arcus Launches Tokenized Perpetual Positions on Robinhood Chain