# 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.

Primitive Ventures: Why Are We Bullish On On-Chain Perpetual U.S. Stocks?

Primitive Ventures argues that on-chain perpetual contracts for US equities represent a pivotal convergence point for crypto and traditional finance, poised to absorb global liquidity. The trend is driven by crypto's innate preference for volatility and key infrastructure upgrades: crypto in-kind margin acceptance by CBOE/CME, DTCC's potential on-chain settlement integration, and the emergence of tokenized equities as collateral enabling systematic basis farming. The dynamic involves "onshore issuance, offshore distribution." While entities like Ondo focus on compliant tokenized stock issuance, demand flows to platforms with superior distribution and trading interfaces, predominantly on BNB Chain. On-chain perps attract global professional traders seeking 24/7 access, high leverage, cross-margin efficiency, and DeFi composability, bypassing traditional broker limitations. The stack is maturing with infrastructure (HIP-3/HyperCore, Orderly, Chainlink), trading platforms (Trade.xyz, Ostium), and terminal frontends (Based, Phantom). The future is a unified global "margin network" where diverse assets serve as interoperable collateral. However, the window is narrowing. The primary threat is not demand but regulatory approval of onshore products, which could rapidly shift activity back to established brokers (e.g., Robinhood with 0DTE options). With the SEC/CFTC actively studying perps and compliant entrants like Bitnomial emerging, offshore/on-chain players must quickly capture liquidity and shape rules before standardization occurs. The race is on to leverage crypto's distribution power and capital efficiency to rewrite traditional finance's operating model.

marsbit01/30 08:19

Primitive Ventures: Why Are We Bullish On On-Chain Perpetual U.S. Stocks?

marsbit01/30 08:19

BlackRock BUIDL Fuels Avalanche Tokenization Growth in Q4

BlackRock's BUIDL tokenized fund significantly boosted tokenized asset growth on Avalanche in Q4, highlighting institutional adoption of blockchain for real-world asset management. This shift reflects a broader trend of major asset managers using blockchain as core financial infrastructure rather than experimental tech. Avalanche’s enterprise-focused design, with subnets and customizable environments, supports regulated, yield-generating instruments, reinforcing its position in on-chain finance. Tokenization now delivers tangible benefits like faster settlement, automated compliance, and improved asset management, moving beyond theoretical hype. BlackRock’s participation adds credibility and scale, signaling stronger institutional trust in blockchain. This convergence of traditional finance with crypto infrastructure is blurring the lines between the two, with compliant, high-performance networks like Avalanche positioned to thrive.

TheNewsCrypto01/30 06:47

BlackRock BUIDL Fuels Avalanche Tokenization Growth in Q4

TheNewsCrypto01/30 06:47

Regulatory Clarity for Tokenized Securities: Which Hot Projects Won't Pass the SEC's Scrutiny?

The U.S. SEC has issued new guidance clarifying the regulatory treatment of tokenized securities, emphasizing that the use of blockchain does not change the fundamental nature of securities obligations. The guidance distinguishes between two main types of tokenized securities: those led by the issuer (where blockchain is used as a technical upgrade to record ownership registry, without altering rights or regulatory requirements) and those created by third parties (which may not confer direct ownership rights and introduce additional risks such as custody or counterparty risk). The SEC stresses that regardless of the technology used, any asset that meets the definition of a security or derivative remains subject to existing federal securities laws. This move aims to address market confusion, particularly around unauthorized “tokenized stocks” that mimic equity without issuer involvement—such as certain products offered by platforms like Robinhood in Europe or third-party claims of tokenized equity in companies like OpenAI. In contrast, compliant initiatives—such as those by Kraken, NYSE, or DTCC—focus on integrating tokenization within existing regulatory frameworks, ensuring issuer participation and clear accountability. The guidance reinforces that tokenization is not a shortcut to bypass securities laws but must align with legal and economic substance.

Odaily星球日报01/30 03:36

Regulatory Clarity for Tokenized Securities: Which Hot Projects Won't Pass the SEC's Scrutiny?

Odaily星球日报01/30 03:36

Crypto Exemption Fails to Take Effect in January! SEC Slams the Brakes, Wall Street in Uproar

The U.S. SEC's planned January implementation of a broad regulatory exemption for tokenized securities and DeFi projects has been delayed following strong opposition from Wall Street institutions. In a closed-door meeting, major financial entities including JPMorgan, Citadel, and SIFMA argued against creating a separate regulatory framework for crypto assets. They advocated for applying existing federal securities laws under a "same business, same rules" principle, warning that broad exemptions could undermine investor protection and introduce systemic risks, citing past market failures as examples. Concurrently, the SEC released guidance clarifying that tokenization does not change the applicability of securities laws. It categorized tokenized securities into two types: issuer-sponsored (subject to traditional registration) and third-party sponsored (including custodial and synthetic models, the latter potentially falling under swap regulations). The SEC emphasized that regulatory treatment depends on economic substance, not technology, and expressed openness to working with innovators within the existing legal framework. This move aims to reduce regulatory arbitrage and pave the way for more traditional institutional participation in tokenized assets.

marsbit01/30 02:05

Crypto Exemption Fails to Take Effect in January! SEC Slams the Brakes, Wall Street in Uproar

marsbit01/30 02:05

HashKey CaaS and Lingchu Intelligence Form Strategic Partnership to Jointly Build AI Autonomous Payment Infrastructure

HashKey CaaS and Lingchu Intelligence have entered into a strategic partnership to jointly develop AI autonomous payment infrastructure. The collaboration will focus on data tokenization for robots and the implementation of the HP2 (HashKey Payment Protocol) autonomous payment network, aiming to integrate AI with the digital financial system and build key infrastructure for the embodied intelligence economy. As part of the agreement, Lingchu will deploy 10 dual-arm robots integrated with HashKey CaaS’s HP2 payment protocol, designed for Web3 and AI agents. These robots will gain controlled payment permissions, enabling them to act as autonomous agents to conduct on-chain transactions—such as purchasing services, accessing data interfaces, and earning on-chain income through task execution. Each autonomous transaction will be recorded as an auditable on-chain financial record, transforming the robots from mere smart devices into independent participants in the digital economy. Additionally, HashKey CaaS will tokenize the operational data generated by Lingchu’s robots, turning them into tradable digital assets with monetary value. HashKey’s CEO of On-Chain Business Group, Li Chen, stated that this partnership marks the first application of the HP2 protocol in embodied AI, supporting the integration of robots into the digital financial ecosystem. Wang Qibin, CEO of Lingchu Intelligence, emphasized that the collaboration will help accelerate the transition from R&D to an ecosystem-oriented machine economy. Both parties plan to further explore applications of embodied intelligence in payment and autonomous services, promoting the large-scale practical implementation of AI-driven economic models.

marsbit01/29 07:16

HashKey CaaS and Lingchu Intelligence Form Strategic Partnership to Jointly Build AI Autonomous Payment Infrastructure

marsbit01/29 07:16

Robinhood CEO: Five Years After the GameStop Incident, We Are Committing to Unlocking Real-Time Settlement for Retail Traders Through Tokenization

Five years after the GameStop trading halt, Robinhood CEO Vlad Tenev reflects on the event and outlines the company's push for real-time settlement through tokenization. The 2021 trading restrictions were caused by legacy clearinghouse risk rules tied to the slow T+2 settlement cycle, which required massive capital reserves during periods of high volatility. While advocating for and achieving T+1 settlement in the initial response, Tenev argues it remains insufficient in today's 24/7 markets. The solution is tokenization—converting stocks into blockchain-based tokens. This enables real-time settlement, drastically reducing systemic risk, lowering costs, and allowing for features like 24/7 trading, fractional ownership, and DeFi integration. Robinhood has already launched over 2,000 tokenized US stocks in Europe, with plans to enable round-the-clock trading and self-custody. Tenev emphasizes that US adoption requires a clear regulatory framework, noting recent SEC openness to innovation and the importance of the CLARITY Act in establishing modern rules for stock tokenization. The goal is to prevent future trading restrictions and fully unlock real-time settlement for retail investors.

marsbit01/29 04:09

Robinhood CEO: Five Years After the GameStop Incident, We Are Committing to Unlocking Real-Time Settlement for Retail Traders Through Tokenization

marsbit01/29 04:09

New York Stock Exchange Completely Overhauls Traditional Closing Model

NYSE plans to build a blockchain-based, 24/7 trading platform for tokenized securities, moving beyond superficial tokenization to fundamentally reshape market structure. Unlike previous attempts that created parallel synthetic products, this initiative aims to transform core trading and settlement processes from within the regulated exchange. The key innovation is combining continuous trading with on-chain settlement, reducing the time gaps where risk exists but trading halts. This approach minimizes the capital inefficiencies and delays inherent in traditional batch-processing systems that rely on fixed hours and delayed settlements. The shift pressures market makers, brokers, and clearing members to manage risk and liquidity in real-time, as faster settlement reduces netting opportunities and compresses securities lending timelines. Second-order effects include changes to capital reuse, volatility dispersion, and the role of derivatives and ETFs for after-hours price discovery. By eliminating time as a risk buffer, the model exposes systemic weaknesses earlier, forcing failures to surface during trading rather than being deferred. This structural change, while not immediately visible to retail users, could make markets more efficient but also more fragile under stress, challenging decades-old risk management practices.

marsbit01/29 02:52

New York Stock Exchange Completely Overhauls Traditional Closing Model

marsbit01/29 02:52

The New Narrative of the $5,000 Era: The 'Old King' Returns, How to Understand the Tokenization Logic of Gold?

Amidst global macroeconomic instability and a weakening US dollar, gold has surged past $5,000 per ounce, reasserting its role as a consensus asset independent of sovereign promises. However, traditional gold ownership—either physical bullion with high storage costs and low liquidity, or paper gold/ETFs confined within centralized financial systems—fails to meet the needs of the digital age. Tokenized gold, exemplified by Tether’s XAUt, offers a solution: each token is backed 1:1 by physical gold stored in auditable vaults, combining the security of real gold with the full liquidity and composability of crypto assets. Unlike paper gold, tokenized gold operates on-chain, enabling global 24/7 transfers, fractional ownership, and integration into DeFi protocols, payments, and consumption scenarios. Platforms like imToken Web further enhance accessibility through self-custody and seamless management, allowing users to hold, trade, and even spend gold digitally. This transformation elevates gold from a static store of value to a dynamic, usable asset for the modern era—proving that true value lies in minimizing reliance on external promises.

marsbit01/29 02:19

The New Narrative of the $5,000 Era: The 'Old King' Returns, How to Understand the Tokenization Logic of Gold?

marsbit01/29 02:19

QXMP Labs Announces Activation of RWA Liquidity Architecture and $1.1 Trillion On-Chain Asset Registration

QXMP Labs has registered approximately $1.1 trillion of certified real-world assets on its proprietary Layer-1 blockchain, QELT, using its specialized oracle to cryptographically verify geological data. This marks a significant step toward compliant real-world asset (RWA) tokenization and settlement. Unlike traditional models, QXMP embeds liquidity directly into its system: 30% of all tokenization proceeds from a planned 44-event, seven-year pipeline are contractually routed into the QELT ecosystem. This approach ensures deep, recurring liquidity from the start, addressing a major gap in RWA markets. The registered assets—including commodities and strategic resources—are not wrapped or synthetic but are verified on-chain using standards like NI 43-101 and JORC. The QELT blockchain serves as a coordination layer for tokenization flows, reserve enforcement, and settlement liquidity. QXMP is now in a controlled liquidity activation phase, with infrastructure live and assets verified. The platform estimates a base valuation of $43.6 billion for the QELT ecosystem based on throughput and liquidity inflows.

TheNewsCrypto01/28 17:00

QXMP Labs Announces Activation of RWA Liquidity Architecture and $1.1 Trillion On-Chain Asset Registration

TheNewsCrypto01/28 17:00

LIQI issues $100 mln in RWAs on XDC – Why other L1s should take note!

One key sector driving blockchain utility is the tokenization of Real World Assets (RWAs), with nearly $25 billion already on-chain. Major institutions like BlackRock and JPMorgan have pushed RWAs mainstream, and growth is expanding globally. Brazilian FinTech LIQI Digital Assets partnered with XDC Network in April, tokenizing over $100 million in assets and targeting $500 million by 2026. Brazil’s supportive regulatory framework, including upcoming stablecoin rules, has enabled this growth. XDC’s low fees, fast finality, and security provide a technical edge. Though Ethereum dominates the RWA market, XDC’s rapid progress and global partnerships position it for significant expansion by 2026, with the RWA market projected to reach $11 trillion by 2030.

ambcrypto01/28 15:01

LIQI issues $100 mln in RWAs on XDC – Why other L1s should take note!