# Сопутствующие статьи по теме Tokenization

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Tokenization", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Google’s Documentation Talks About XRP And You Won’t Believe What It Says

Google's recent quantum computing research report discusses the XRP Ledger (XRPL) and its efforts to protect against quantum threats. The report highlights that XRPL is among the networks conducting experimental deployments of post-quantum cryptography, specifically noting its testnet deployment of ML-DSA signatures. It also recognizes XRPL's significant role in Real World Asset (RWA) tokenization, where it currently ranks 8th with $1.9 billion in tokenized value. However, Google points out that the account model and smart contracts used by networks like XRPL introduce new quantum vulnerabilities not present in Bitcoin. While XRPL, alongside Algorand and TRON, has an advantage with native key rotation, the transition to quantum-resistant systems is complex and will take years. Despite challenges, networks including XRPL are making notable progress in adopting post-quantum cryptography.

bitcoinist04/03 21:32

Google’s Documentation Talks About XRP And You Won’t Believe What It Says

bitcoinist04/03 21:32

IMF Evaluates Tokenization Sector: Calls For Roadmap To Address Systemic Shifts

The International Monetary Fund (IMF) has released an assessment of the tokenization sector, predicting rapid growth in the on-chain representation of financial claims. It warns that this shift could reshape the global financial system and introduce new systemic risks. The IMF highlights that traditional crisis-management tools, which rely on jurisdictional control, may be inadequate for tokenized systems that operate across borders at high speeds. To address these challenges, the IMF proposes a five-point policy roadmap: 1) Anchor settlements in safe forms of money to minimize risk; 2) Adopt global regulatory standards aligned with "same activity, same risk" principles; 3) Ensure legal clarity on token ownership and finality; 4) Develop common standards for settlement and cooperative oversight to manage cross-border risks; 5) Adapt liquidity and crisis-management frameworks for a continuous, automated environment. The IMF emphasizes that implementing these measures will require sustained cooperation between public authorities and private sector participants globally.

bitcoinist04/03 12:38

IMF Evaluates Tokenization Sector: Calls For Roadmap To Address Systemic Shifts

bitcoinist04/03 12:38

IMF Flags Financial Stability Risks Amid Growing Tokenization Boom

The IMF acknowledges that tokenization can increase transparency and reduce friction in finance but also warns it poses significant risks to financial stability. While atomic settlement and automation may reduce some traditional risks, they introduce new ones, making the overall impact uncertain. The tokenized asset market, currently valued at over $27.6 billion (excluding stablecoins), is projected to reach between $2 trillion and $16 trillion by 2030. The IMF report highlights both positive effects, such as faster cross-border payments and greater financial inclusion, and negative consequences, including increased capital flow volatility and threats to monetary sovereignty. It cautions that risks are shifting from banks to shared ledgers and smart contracts. Major institutions like BlackRock and the Intercontinental Exchange are advancing in tokenization, but the IMF warns that without legal clarity on ownership and settlement, these markets risk becoming fragmented and insignificant.

TheNewsCrypto04/03 10:38

IMF Flags Financial Stability Risks Amid Growing Tokenization Boom

TheNewsCrypto04/03 10:38

Tokenized deals incoming? Franklin Templeton experiments with blockchain-based M&A

Franklin Templeton has launched Franklin Crypto, a dedicated institutional-grade crypto investment management platform. The initiative, co-led by ex-CoinFund executives and senior internal leadership, aims to expand the firm’s digital asset capabilities. A key innovation involves using tokenized registered securities for settlement, moving toward on-chain M&A transactions. The acquisition of 250 Digital and its crypto strategies, managed by CoinFund, is part of this expansion. The move has drawn industry praise and highlights growing institutional adoption of blockchain technology. Regulatory developments, such as the potential passage of the CLARITY Act, could further accelerate this trend. The deal is expected to close by Q2 2026.

ambcrypto04/03 06:02

Tokenized deals incoming? Franklin Templeton experiments with blockchain-based M&A

ambcrypto04/03 06:02

XRP Makes History Again With ZK Privacy Transactions, Here’s The Update

XRP has made history with the launch of zero-knowledge (ZK) privacy transactions on the XRP Ledger testnet, introduced by the DNA Protocol. This technology allows real-world data to be converted into ZK proofs, enabling verification on-chain without exposing sensitive information. As a result, institutions—including banks and governments—can confirm KYC, medical records, and compliance data without accessing the actual details. This development is seen as a major step toward institutional adoption, potentially unlocking significant capital flow into XRP. Additionally, Ripple is advancing privacy through features like Permissioned Domains and Confidential Multi-Purpose Tokens (CMPTs), which protect user identities and transaction details. Ripple President Monica Long also highlighted the role of decentralized identities using ZK proofs, allowing users to control and share personal data securely—even tokenizing attributes like DNA. Despite the announcement, XRP’s price dipped slightly to around $1.31.

bitcoinist04/02 22:01

XRP Makes History Again With ZK Privacy Transactions, Here’s The Update

bitcoinist04/02 22:01

IMF warns tokenized finance could reshape — and destabilize — global markets

The International Monetary Fund (IMF) warns that the rapid growth of tokenized finance could fundamentally reshape global financial markets while introducing new systemic risks tied to speed, automation, and market structure. Tokenization is not merely an incremental improvement but a structural shift that reconfigures financial architecture by replacing traditional intermediaries with smart contracts and shared ledgers. As of early April, tokenized real-world assets have reached approximately $27.5 billion, with U.S. Treasury products comprising over $12 billion. This indicates strong institutional demand for yield-bearing assets rather than retail-focused products like equities. While tokenization enables near-instant settlement and reduces counterparty risk, it also removes traditional buffers that absorb financial shocks. The IMF highlights concerns that automated processes—such as margin calls and real-time settlements—could accelerate liquidity stress during volatility. Additionally, smart contract vulnerabilities and platform fragmentation may complicate cross-border coordination and regulatory oversight. The IMF stresses that balancing innovation with stability will be crucial, urging policymakers to adapt regulatory frameworks to manage emerging risks in this rapidly growing sector.

ambcrypto04/02 16:26

IMF warns tokenized finance could reshape — and destabilize — global markets

ambcrypto04/02 16:26

What Kind of DeFi Does Wall Street Want?

Wall Street's vision for DeFi has shifted from simple asset tokenization to building a programmable, restructurable fixed-income infrastructure that enables yield financialization. The key driver is no longer retail speculation but institutional capital and Real-World Assets (RWA), with DeFi TVL surging from ~$115B to over $237B in 2025, while active wallets declined—indicating large, infrequent institutional inflows. RWA, now valued at $27.5B (up 2.4x YoY), is used as collateral in protocols like Aave Horizon, Maple Finance, and Centrifuge, creating an on-chain repo and rehypothecation flywheel. These structures function like institutional money-market funds, offering 4–6% yields from tokenized treasuries and stablecoin pools. Crucially, institutions are moving beyond holding assets to actively managing yield and risk. Protocols like Pendle Finance allow yield tokenization—splitting assets into Principal Tokens (PT) and Yield Tokens (YT)—enabling fixed-rate exposure, speculation, and on-chain interest rate hedging using mechanisms like yield AMMs. However, major barriers remain: public blockchain transparency exposes positions and liquidation levels, creating adversarial risks, and compliance (KYC, sanctions screening, audit trails) must be natively embedded into protocols—not added externally. Zero-knowledge proofs could offer a solution by enabling regulatory verification without leaking sensitive data. In summary, Wall Street wants a DeFi that integrates with global compliance infrastructure, replicates traditional fixed-income modularity for risk and return, and embeds programmable privacy and regulation—not to replace traditional finance, but to create a parallel system for more flexible capital and risk restructuring.

marsbit04/02 10:31

What Kind of DeFi Does Wall Street Want?

marsbit04/02 10:31

DeFi vs. SEC: Should ‘non-custodial platforms’ be treated like exchanges?

DeFi Education Fund (DEF) argues that non-custodial DeFi protocols, AMMs, and their developers should not be regulated as exchanges or intermediaries, as they don’t perform exchange functions or control user assets. They oppose SIFMA’s push for SEC regulation based on function rather than decentralization. SIFMA and Citadel Securities advocate for regulating DeFi platforms handling tokenized securities to ensure investor protection, citing risks and scams. DEF suggests Wall Street’s stance may be motivated by business interests, as DeFi disrupts traditional intermediaries. The SEC faces the challenge of balancing innovation and regulation in its upcoming framework.

ambcrypto04/02 09:08

DeFi vs. SEC: Should ‘non-custodial platforms’ be treated like exchanges?

ambcrypto04/02 09:08

Dialogue with BlackRock's Head of Digital Assets: How Do Tokenized Stocks Work?

The article "Dialogue with BlackRock's Digital Asset Head: How Do Tokenized Stocks Work?" features a discussion with industry experts including Robert Mitchnick (BlackRock), Rob Hadick (Dragonfly), and Noah Levine (a16z). The conversation explores the evolution and mechanics of tokenized assets, particularly stocks. Key takeaways highlight that tokenization is primarily an "access" story, enabling broader investor participation in traditionally hard-to-reach asset classes, rather than just an efficiency improvement. Stablecoins are evolving from payment tools into foundational financial infrastructure, acting as an entry point for investment and asset management. Most current "tokenized stock" offerings are transitional, often representing derivative-like structures rather than true on-chain ownership, with limitations like transfer restrictions due to whitelisting and compliance requirements. The discussion covers three main structures for tokenized equities: SPV-based models, rights-based tokens (e.g., Securitize’s approach), and native on-chain issuance (e.g., Superstate). The latter is seen as the most promising for enabling true composability and functionality like collateralization. Regulatory clarity and infrastructure development are critical for advancing toward permissionless, liquid markets. Initiatives like the NYSE’s partnership with Securitize for 24/7 trading are noted, though the core demand is for improved asset utilization efficiency, not just extended hours. The piece also differentiates stablecoins (serving cross-border and crypto-native users) from tokenized deposits (focused on banking efficiency), predicting both will coexist. Privacy emerges as a growing need in on-chain capital markets, with technologies like ZK-proofs gaining relevance. Long-term, tokenization could flatten financial market structures by reducing intermediaries, lowering costs, and expanding access, ultimately integrating crypto infrastructure into mainstream finance.

marsbit04/01 14:54

Dialogue with BlackRock's Head of Digital Assets: How Do Tokenized Stocks Work?

marsbit04/01 14:54

S&P tokenizes U.S. Treasury Index as RWA market continues to expand

The cryptocurrency sector is expanding significantly, with real-world asset (RWA) tokenization as a key growth area. S&P Dow Jones Indices has tokenized its iBoxx US Treasuries Index on the Canton Network, marking the first major fixed-income benchmark available as a digital resource. This initiative, supported by Kaiko’s digital infrastructure, allows financial institutions to integrate benchmark data directly into blockchain systems but is not a direct investment product. Tokenized U.S. Treasuries have surged to $12.6 billion, dominating the RWA market, which totals $27.7 billion. Short-term tokenized bonds have also grown, reaching $620 million, reflecting increased institutional demand. This shift highlights the growing acceptance of RWAs, with the market poised to exceed $30 billion in the medium term.

ambcrypto04/01 10:06

S&P tokenizes U.S. Treasury Index as RWA market continues to expand