# 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.

HashKey Holdings Officially Lists on the Main Board of The Stock Exchange of Hong Kong

HashKey Holdings Limited (Stock Code: 3887.HK), a leading integrated digital asset company in Asia, has officially listed on the Main Board of the Hong Kong Stock Exchange. This marks the first IPO of a digital asset firm in Hong Kong, representing a significant milestone for both the company and the industry. Dr. Xiao Feng, Chairman and CEO of HashKey, emphasized the company’s commitment to compliance and its vision to build a world-class digital asset infrastructure platform, focusing on security, custody, on-chain execution, and regulatory alignment. The global offering attracted strong interest, with nine cornerstone investors participating, including UBS AM Singapore, Fidelity, and CDH Investments. Since its establishment in 2018, HashKey has operated with a compliance-first and technology-driven strategy, offering services across trading, on-chain solutions, and asset management. It aims to provide secure and regulated access to digital assets for both retail and institutional clients. Looking ahead, HashKey plans to support Hong Kong’s policy framework for tokenization of real-world assets and the development of digital financial infrastructure, reinforcing its role as a key player in the global digital asset ecosystem.

深潮12/17 03:35

HashKey Holdings Officially Lists on the Main Board of The Stock Exchange of Hong Kong

深潮12/17 03:35

Restructuring Consensus in the Crypto Market

In 2025, the cryptocurrency market is experiencing a structural transformation across three key dimensions: the form, meaning, and use of money. First, the form of money is diversifying. Stablecoins, tokenized bank deposits, and CBDCs are coexisting with distinct roles. Payment infrastructure and IT platforms are rapidly adopting stablecoins to expand their ecosystems. Second, the concept of money is broadening. Tokenization is converting both tangible assets (like bonds and real estate) and intangible elements (like attention and predictions) into liquid, programmable assets. This blurs the line between money and assets, redefining value representation. Third, the use of money is expanding. Centralized exchanges (CEXs) like Binance, Bybit, and Coinbase are evolving into full-stack financial ecosystems. They now offer derivatives, tokenized stocks, RWAs, on-chain debit/credit cards, and integrated DeFi services. These platforms are building their own blockchains (e.g., BNB Chain, Base) to create vertically integrated environments. Overall, the shift from speculative concepts to practical reality is accelerating. Regulatory clarity, institutional adoption, and technological integration are driving this change, positioning blockchain as the future core of global finance.

深潮12/16 14:33

Restructuring Consensus in the Crypto Market

深潮12/16 14:33

Crypto Morning Brief: He Yi Denies Rumors of Binance Alpha Shutdown, Bittensor Completes First Halving

Crypto Exchange Binance's co-founder He Yi has denied rumors about the closure of Binance Alpha. Meanwhile, Bittensor has undergone its first halving, reducing daily TAO issuance from 7,200 to 3,600 tokens. In broader market news, the onshore and offshore RMB hit a 14-month high against the US dollar. Federal Reserve official Williams stated that slowing job growth and easing inflation risks supported the recent decision to cut interest rates. Several significant developments were announced: Aster opened claims for its third-phase airdrop, Ripple plans to expand its stablecoin RLUSD to Ethereum Layer 2 networks, and Ondo Finance will launch the largest tokenized stock and ETF platform on Solana in early 2026. Furthermore, JPMorgan is set to introduce its first tokenized money market fund on Ethereum with a $100 million initial investment, and Visa has launched a stablecoin advisory service. Major institutional reports from Grayscale and Hashdex offered bullish predictions. Grayscale forecasts new Bitcoin highs by mid-2026 and the end of the four-year market cycle, citing institutional adoption and improved regulation. Hashdex predicts the stablecoin market will double, tokenized real-world assets will grow tenfold, and the AI-crypto sector will reach $10 billion.

深潮12/16 01:25

Crypto Morning Brief: He Yi Denies Rumors of Binance Alpha Shutdown, Bittensor Completes First Halving

深潮12/16 01:25

JPMorgan to Launch Tokenized Money Market Fund on Ethereum

JPMorgan is launching a tokenized money market fund called the My OnChain Net Yield Fund (MONY) on the Ethereum blockchain. The bank is providing $100 million of its own capital to the fund, which will open to investors on Tuesday, December 16th. Built on JPMorgan's own tokenization platform, Kinexys, the fund will be available to qualified investors and institutions with minimum investments of $5 million and $25 million, respectively. Investors can contribute funds in US dollars or the USDC stablecoin and will get fund tokens delivered to their crypto wallets. Like traditional money market funds, MONY will hold low-risk, short-term securities, pay daily interest, and accrue dividends. JPMorgan cited significant client interest in tokenizing traditional financial instruments. The bank sees tokenized funds as appealing to crypto investors because they offer yield while keeping assets on the blockchain; such tokens can also be used as collateral on crypto exchanges. This launch occurs as the total assets in money market funds have grown to $7.7 trillion. The largest such fund remains BlackRock's BUIDL, which launched in early 2024 and has a total value locked (TVL) exceeding $2 billion.

RBK-crypto12/15 13:26

JPMorgan to Launch Tokenized Money Market Fund on Ethereum

RBK-crypto12/15 13:26

Detailed Analysis of Robinhood's Latest Fundamentals and Revenue Sources in Its 'Full Transition to Cryptocurrency'

Robinhood has emerged as a top performer in the current market cycle, with its stock surging 17x from its 2022 lows. The company is undergoing a strategic "full pivot to crypto" and has significantly diversified its revenue streams beyond its core transaction-based income. In 2024, Robinhood is projected to generate $2.95 billion in revenue, a 58% increase from 2023. Its revenue composition is now more balanced: transaction-based revenue (from stocks, options, and crypto) accounts for 58% of total revenue, down from 77% in 2021. This diversification is driven by new revenue lines, including its fast-growing prediction market platform (Kalshi, with $100M in annualized revenue) and Robinhood Gold (2.34M paid subscribers). Net interest income now constitutes 35% of total revenue. Notably, crypto is a major profit driver, contributing 21% of YTD revenue despite representing only 12% of total trading volume. This highlights its superior monetization model compared to stock trading. Options remain the largest revenue source. Robinhood's ambitious crypto roadmap includes the integration of the acquired Bitstamp exchange, development of a crypto wallet V2 with DeFi connectivity, plans to build an L2 on Arbitrum, and a pioneering strategy to tokenize public and private equities. This positions Robinhood to become a full-stack platform for tokenization, crypto trading, and financial services. Key risks include intense competition from traditional brokers and crypto-native firms like Coinbase, execution challenges in merging its user experience with crypto, and potential slow adoption of its equity tokenization strategy by issuers. Trading at a high P/E of 56, Robinhood's stock may be susceptible to a significant pullback if retail risk appetite cools, potentially creating a long-term buying opportunity. The company's leadership, user experience, and aggressive crypto vision make it a potential future leader in finance.

marsbit12/15 12:29

Detailed Analysis of Robinhood's Latest Fundamentals and Revenue Sources in Its 'Full Transition to Cryptocurrency'

marsbit12/15 12:29

Breakpoint 2025 Reflections: Crypto Has Grown Up, We've Put Our Shirts Back On

Breakpoint 2025, held in Abu Dhabi, showcased a crypto industry in transition. Attendees noted a more mature but subdued atmosphere compared to previous years. Investor Jason Choi described widespread fatigue among VCs and founders, with stagnant sentiment despite well-organized events. DePIN and DeSci emerged as rare bright spots, though still niche. In contrast, Kamino’s Marius observed strong institutional engagement and real-world utility, highlighting the tokenization of stocks and bonds on Solana as a major leap. The conference felt less narrative-driven and more focused on practical applications. daddy fiskantes of Sigil Fund noted crypto’s evolution into “fintech 2.0,” integrating with traditional finance rather than disrupting it. Early idealists are departing, while institutional adoption grows. The focus has shifted from revolutionary gains to efficiency, scalability, and neutral strategies like arbitrage. High-return opportunities remain in areas like DePIN and DeSci, but the era of rapid 100x returns may be fading.

marsbit12/15 09:39

Breakpoint 2025 Reflections: Crypto Has Grown Up, We've Put Our Shirts Back On

marsbit12/15 09:39

Vision Announces Bitget Listing of VSN Token, Continuing International Expansion

Vision, a Bitpanda-backed protocol focused on bringing Europe into blockchain, has announced that its token VSN will be listed on Bitget. This marks another step in Vision’s international expansion, following its earlier listing on Binance Alpha. The Bitget listing is expected to enhance VSN’s liquidity and visibility in the global spot market, offering users another entry point to participate in the Vision ecosystem and its growing Web3 infrastructure. Florian Klein, Head of Business at Vision, stated that the move reflects the project’s rapid scaling momentum. VSN powers both the Vision and Bitpanda ecosystems, supporting staking, offering fee benefits, and enabling future governance. A portion of ecosystem revenue will be used for buybacks, burns, and staking rewards, allowing token holders to benefit from ecosystem growth. Vision is building a suite of Web3 products tailored to European regulations while remaining globally relevant. Its core offerings include the Bitpanda DeFi Wallet, Vision Protocol, Launchpad, and the upcoming Vision Chain for tokenization and institutional-grade on-chain infrastructure. Looking ahead, Vision plans to introduce governance, expand token utility, launch its chain, and form partnerships in tokenization and regulated digital assets. The Vision Web3 Foundation, based in Zug, Switzerland, oversees the development and governance of the VSN token.

深潮12/15 08:58

Vision Announces Bitget Listing of VSN Token, Continuing International Expansion

深潮12/15 08:58

Pakistan, from 'Iron Brother' to 'On-Chain Iron'?

Pakistan is strategically embracing cryptocurrency and blockchain technology as a key part of its economic transformation. In December 2025, the Pakistan Virtual Asset Regulatory Authority (PVARA) granted No Objection Certificates (NOCs) to two major global crypto exchanges, signaling a significant regulatory shift. With over 40 million digital asset users and an estimated annual trading volume exceeding $300 billion, Pakistan ranks third globally in crypto adoption. The country’s crypto growth has been largely grassroots-driven, fueled by high smartphone penetration (over 70%), a young population, and significant overseas remittances—over $30 billion annually—which can be processed faster and cheaper via cryptocurrencies like USDT. Pakistan’s geographic location also positions it as a potential hub for digital asset flows in South and Central Asia. Under the new regulatory framework, Pakistan is exploring a $2 billion national asset tokenization initiative, aiming to digitize sovereign bonds, treasury bills, and commodities like oil and gas to enhance transparency and attract foreign investment. This initiative aligns with broader efforts to formalize and monetize the country’s growing crypto economy while mitigating risks like fraud and money laundering. The move reflects a strategic pivot from informal adoption to state-sanctioned experimentation, positioning Pakistan as an emerging player in the global digital economy and a case study for other developing nations facing similar economic challenges.

深潮12/15 08:07

Pakistan, from 'Iron Brother' to 'On-Chain Iron'?

深潮12/15 08:07

Massively Accumulating 3.86 Million ETH: What Is the Investment Logic of 'Unwavering Bull' Tom Lee?

Based on multiple interviews, Tom Lee's core investment thesis for Ethereum (ETH) is built on several key arguments. He views ETH as the fundamental settlement layer for the future of finance, powering critical areas like DeFi, stablecoins, NFTs, and the tokenization of real-world assets (RWA). He believes the massive institutional adoption of RWA, such as Wall Street moving trillions in assets on-chain, will create substantial demand and drive ETH's value independently of Bitcoin. Lee highlights that crypto adoption is still in its early stages compared to traditional finance. He argues ETH's strong developer community, network robustness, and actual utility—such as staking yields and DeFi—make it more suitable for long-term institutional holding than BTC. He also sees a "non-consensus" opportunity, as early investors move to other sectors like AI, leaving the industry ripe for a new wave of entrants. Backing his views with action, Lee is Chairman of BitMine (BMNR), which has accumulated approximately 3.86 million ETH (about 3.2% of supply) and aims to reach 5%. The company continues to buy ETH aggressively, supported by a $1 billion cash reserve and staking rewards. Regarding price, Lee's long-term, extreme target is $62,000 if the ETH/BTC ratio returns to 0.25. More realistic targets are $7,000-$9,000 by 2026, potentially reaching $20,000 if tokenization sees explosive growth. He anticipates 2026 will be a major year for Layer 1 chains, especially Ethereum.

marsbit12/15 06:19

Massively Accumulating 3.86 Million ETH: What Is the Investment Logic of 'Unwavering Bull' Tom Lee?

marsbit12/15 06:19

Abu Dhabi Breakpoint Full Recap: 49 Key Developments in the Solana Ecosystem

Solana's Breakpoint 2025 in Abu Dhabi showcased 49 key developments, highlighting the ecosystem's rapid expansion. Major announcements included Coinbase and Bitget enabling trading for all Solana tokens, Jupiter's new products (including a stablecoin and lending platform), and a $500M Keel initiative for RWA tokenization. Significant technical upgrades featured the mainnet launch of the Firedancer client and new token standards like Light Token. Institutional adoption accelerated with J.P. Morgan settling a bond on Solana and OSL announcing a federally regulated stablecoin, USDGO. Other notable updates covered predictions markets, wallet innovations (Solflare, Ryder), and expansions in mobile (Solana Mobile), DeFi (Kamino, Drift), and real-world assets, setting a robust foundation for 2026.

Odaily星球日报12/15 03:45

Abu Dhabi Breakpoint Full Recap: 49 Key Developments in the Solana Ecosystem