Funding
Digital Asset Holdings is closing a ~$300M growth round at a ~$2B valuation, led by a16z Crypto Fund 5 with strategic checks from Visa, Goldman Sachs, and DRW — pricing Canton Network's privacy-first institutional blockchain as the definitive tokenization infrastructure bet of 2026.
Web3
Wall Street's central clearinghouse, the DTCC, is partnering with layer-1 blockchains to tokenize corporate actions — dividend payments, stock splits, and more — marking a seismic shift in how $10T+ in annual settlement infrastructure could operate on public or permissioned rails.
Web3
State Street Investment Management and Galaxy Digital have launched SWEEP — the State Street Galaxy Onchain Liquidity Sweep Fund — on Solana, allowing stablecoin holders (starting with PayPal USD) to move idle balances into an institutional yield-bearing vehicle. Ondo Finance anchors the product ...
Funding
Bullish, the NYSE-listed institutional crypto exchange led by former NYSE President Thomas Farley, will acquire transfer agent Equiniti from Siris Capital in a $4.2 billion deal ($1.85B assumed debt + $2.35B Bullish stock). Equiniti processes $500 billion annually and manages 20M+ verified shareh...
Tokenization
Securitize Markets received expanded FINRA permissions enabling it to custody tokenized securities inside a regulated broker-dealer, underwrite on-chain IPOs, and facilitate atomic settlement between tokenized stocks and stablecoins — the first approval of its kind.
Onchain Data
DTCC confirmed a July 2026 limited production pilot and October full rollout for its tokenized securities platform, covering Russell 1000 constituents, major index ETFs, and US Treasuries, with BlackRock, Goldman Sachs, Circle, and 50+ firms in the working group.
Editor Pick
DTCC custodies $114 trillion in assets and clears virtually every US stock and bond trade. When it launches its tokenization platform in October 2026, the debate over whether mainstream finance will move on-chain ends — and a harder question begins.
Learn
Real-world asset tokenization is the process of representing ownership of physical or traditional financial assets — stocks, bonds, real estate, commodities — as digital tokens on a blockchain. Here is everything you need to know.
RWA
BlackRock filed a formal comment letter with the OCC opposing a proposed 20% ceiling on tokenized assets as stablecoin reserves under the GENIUS Act's draft rulemaking. The cap would constrain BlackRock's BUIDL fund. BlackRock is asking the OCC to remove the limit and expand eligible asset types.
RWA
Computershare — transfer agent for over half the S&P 500 — has partnered with BlackRock-backed Securitize to enable US-listed companies to issue tokenized equity via Issuer-Sponsored Tokens (ISTs). Pitched as the on-ramp for the $70T US public equity market.
Tokenization
State Street will roll out tokenized fund servicing infrastructure from its Luxembourg operations by December 2026, joining BNY Mellon and BlackRock in the institutional tokenization arms race.