# 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.

Trump's Crypto Craze: Who's Celebrating and Who's Paying the Price?

Former President Donald Trump's embrace of cryptocurrency has triggered a wave of speculative investments and regulatory shifts, creating both opportunities and significant risks. Dubbed the "Crypto Treasury Company Summer," this trend saw over 250 public companies, many with little experience, pivot to hoarding cryptocurrencies like Bitcoin and meme coins, often using heavy leverage. However, including firms linked to Trump’s associates and family—such as Anthony Scaramucci and Trump’s son Eric—suffered severe losses, with some stock prices plunging over 80% during a market crash in October. The crash exposed vulnerabilities: high leverage, volatile prices, and technical failures at major exchanges like Coinbase left investors stranded during a $19 billion liquidation event. Meanwhile, new products like tokenized stocks—promoted by startups like Plume and Kraken—aim to merge crypto with traditional finance but face regulatory uncertainty. Critics, including former Treasury officials, warn that the blurring of speculation and investment could threaten financial stability, while the SEC expresses concern but also openness to innovation under Trump’s pro-crypto policies.

比推12/18 13:43

Trump's Crypto Craze: Who's Celebrating and Who's Paying the Price?

比推12/18 13:43

Kraken-backed xStocks launches on TON Wallet in ‘nearly all markets’

Kraken-backed tokenized securities platform xStocks has launched on TON Wallet, a self-custodial wallet integrated with Telegram. The rollout makes tokenized U.S. equities available on The Open Network (TON) for the first time, offering assets like Circle, Coinbase, Robinhood, and TON Strategy. While the service is accessible in nearly all markets where TON Wallet operates, it excludes the U.S., EU, and Australia at launch due to regulatory constraints. xStocks aims to target users in developing markets initially, prioritizing global accessibility through digital platforms. In contrast, other firms like Securitize remain focused on the U.S., citing a clear regulatory pathway for tokenized securities there.

cointelegraph12/18 12:38

Kraken-backed xStocks launches on TON Wallet in ‘nearly all markets’

cointelegraph12/18 12:38

The New York Times: Behind Trump's Embrace of Cryptocurrency, the Untold Story

"Trump's Embrace of Crypto: The Unseen Consequences" A New York Times investigation reveals the hidden risks and rapid expansion of the cryptocurrency market fueled by former President Donald Trump's policies and public endorsements. Dubbed the "crypto treasury company summer," this boom saw a surge in publicly traded companies shifting their strategies to hoard cryptocurrencies, aiming to attract investors. Over 250 such companies emerged, many leveraging debt to buy digital assets. However, the market experienced a sharp crash in October, wiping out billions in value and exposing extreme volatility and high-risk leverage trading. Companies associated with Trump's inner circle, including his son Eric Trump's venture World Liberty Financial, faced significant losses and scandals. The article highlights concerns from financial experts and former regulators about the blurring lines between speculation and investment, the accumulation of dangerous leverage, and the potential for systemic risk to spread to the broader financial system. Despite these warnings, the Trump administration and crypto executives continue to promote the industry as a hub for innovation and economic opportunity, pushing for new products like tokenized stocks and expanded leverage options.

深潮12/18 12:02

The New York Times: Behind Trump's Embrace of Cryptocurrency, the Untold Story

深潮12/18 12:02

Frontline Report | Web3 Lawyer Deciphers the Latest Changes in U.S. Stock Tokenization!

The U.S. SEC has issued a No-Action Letter to DTCC’s subsidiary DTC, allowing it to conduct a pilot program for tokenizing traditional securities without prior rule-change approvals under certain conditions. This move is seen as a regulatory step toward modernizing securities infrastructure using blockchain, though it is not a full endorsement of tokenization. The tokenization will function as a parallel record-keeping system on a permissioned blockchain, improving back-end efficiency without altering legal ownership structures. Meanwhile, Nasdaq has separately proposed extended trading hours, sparking speculation about 24/7 trading alignment with crypto markets, though the proposal does not explicitly mention tokenization. The developments indicate growing institutional interest in blockchain-based settlement efficiency, though widespread adoption remains cautious and incremental.

marsbit12/18 10:40

Frontline Report | Web3 Lawyer Deciphers the Latest Changes in U.S. Stock Tokenization!

marsbit12/18 10:40

Frontline Insights | Web3 Lawyer Deciphers the Latest Developments in U.S. Stock Tokenization!

Summary: On December 15, 2025, Nasdaq submitted a proposal to the SEC to extend U.S. stock trading hours to 23/5, sparking speculation about tokenization, though the filing did not mention it. More significantly, on December 11, the SEC issued a No-Action Letter (NAL) to DTCC, allowing its subsidiary DTC to conduct a pilot for tokenizing traditional securities under strict conditions. The NAL exempts DTC from certain procedural filing requirements but does not constitute a full regulatory endorsement. DTC's pilot involves creating tokenized representations of securities on a permissioned blockchain, allowing direct transfers between approved wallets while maintaining central oversight through its LedgerScan system. This move signals cautious regulatory openness to blockchain efficiency improvements in settlement and asset tracking, without altering the fundamental nature of securities. The development represents a step toward modernizing market infrastructure, with two parallel paths emerging: backend efficiency gains led by institutions like DTCC, and front-end user-facing innovations from brokers and trading platforms, all within evolving regulatory boundaries.

深潮12/18 10:16

Frontline Insights | Web3 Lawyer Deciphers the Latest Developments in U.S. Stock Tokenization!

深潮12/18 10:16

Grayscale Fund Outlook for 2026: Ten New Investment Opportunities and False Hypes in Crypto

Grayscale's 2026 outlook predicts a structural shift in digital asset investment driven by increased demand for alternative value stores and greater regulatory clarity. This is expected to attract more capital inflows, broaden adoption, and further integrate blockchain into mainstream finance. The report forecasts the end of the "four-year crypto cycle" and anticipates Bitcoin reaching new all-time highs in H1 2026. Key investment themes include: 1. Dollar devaluation boosting demand for assets like BTC and ETH. 2. Regulatory progress supporting adoption. 3. Growth of stablecoins post-GENIUS Act. 4. An inflection point for asset tokenization. 5. The need for privacy solutions as blockchain goes mainstream. 6. Blockchain-based solutions for AI centralization. 7. Accelerated DeFi growth, led by lending. 8. Next-gen infrastructure for mainstream adoption. 9. A focus on sustainable revenue models. 10. The rise of staking as a default for investors. The report identifies quantum computing and Digital Asset Treasuries (DATs) as overhyped themes with limited market impact in 2026. The conclusion emphasizes that the era of institutional adoption will create a clear divide between assets with strong fundamentals and regulatory access and those without.

marsbit12/18 07:31

Grayscale Fund Outlook for 2026: Ten New Investment Opportunities and False Hypes in Crypto

marsbit12/18 07:31

2026 Grayscale Outlook: Ten New Investment Opportunities and False Hypes in Crypto

Grayscale's 2026 outlook anticipates a structural shift in digital asset investment driven by increased demand for alternative value stores and enhanced regulatory clarity. This is expected to attract significant institutional capital, integrate blockchain into mainstream finance, and end the traditional four-year crypto cycle. Bitcoin may reach new all-time highs in H1 2026. Key investment themes include: 1) Demand for monetary alternatives (BTC, ETH, ZEC) due to fiat currency risks; 2) Regulatory progress supporting adoption; 3) Stablecoin growth under the GENIUS Act; 4) Asset tokenization reaching a tipping point; 5) Privacy solutions (ZEC, AZTEC) for mainstream blockchain use; 6) Blockchain addressing AI centralization (TAO, NEAR); 7) DeFi acceleration, particularly in lending; 8) Next-gen infrastructure (SUI, MON); 9) Focus on sustainable revenue (SOL, ETH); 10) Staking becoming default for investors (LDO, JTO). Quantum computing and Digital Asset Treasuries (DATs) are identified as overhyped themes with limited 2026 impact. The overall trajectory points toward institutional adoption, with capital flowing primarily through regulated ETPs.

深潮12/18 03:07

2026 Grayscale Outlook: Ten New Investment Opportunities and False Hypes in Crypto

深潮12/18 03:07

The On-Chain Evolution of Private Credit: From Ledgers to Investable Products

Private credit is undergoing a significant on-chain evolution, transitioning from a ledger-based operational upgrade to a distributable, investable product. While the total value of tokenized private credit has surged to around $24 billion, only 12% of the $19.3 billion in active loans tracked on RWA.xyz are held in transferable tokenized form. The market is split between "representative" tokenization—where blockchain serves as a transparent record-keeping system for off-chain loans—and "distributable" tokenization, where loans are natively issued and held as transferable tokens on-chain. The latter is growing rapidly, offering benefits like enhanced liquidity, faster settlement, and improved transparency. Figure dominates the market with a 73% share but uses blockchain only for record-keeping. In contrast, platforms like Maple are driving the shift toward fully distributable tokenized credit. This shift could standardize and scale private credit distribution by reducing intermediation, enabling programmable compliance, and improving portability—key advancements for an asset class that represents less than 2% of the $1.6 trillion global private credit market.

深潮12/18 02:42

The On-Chain Evolution of Private Credit: From Ledgers to Investable Products

深潮12/18 02:42

Ondo and LayerZero Jointly Launch Tokenized Stock and ETF Cross-Chain Bridge

Ondo Finance, a leader in tokenizing real-world assets, has partnered with LayerZero to launch the Ondo Bridge. This solution enables seamless cross-chain transfers of Ondo’s tokenized stocks and ETFs, allowing over 2,600 protocols, wallets, and applications integrated with LayerZero to easily incorporate these assets. Currently live on Ethereum and BNB Chain, the bridge supports more than 100 tokenized securities and is designed for future expansion to additional EVM chains. Key features include rapid deployment to new chains, a unified path for all Ondo Global Markets assets via LayerZero’s standardized framework, and a structure built to scale across multiple chains and hundreds of assets. The initiative aims to broaden liquidity and flexibility for DeFi applications while maintaining institutional-grade reliability. Since its launch on Ethereum in September, Ondo Global Markets has grown to over $400 million in total value locked and $2 billion in trading volume, recently expanding to BNB Chain to serve its 3.4 million daily active users. Stargate has already integrated Ondo assets via the bridge, with further EVM network expansions planned in the coming weeks.

深潮12/18 01:49

Ondo and LayerZero Jointly Launch Tokenized Stock and ETF Cross-Chain Bridge