Tokenized Gold Hits $6B as US-Iran Crisis Fuels On-Chain Safe-Haven Demand
Tokenized gold hit $6B market cap as XAUT and PAXG volumes topped $1B each. Abraxas Capital took a $151M XAUT delivery from Tether amid the US-Iran crisis.
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Northern Trust Asset Management launches tokenized share class for Treasury Instruments Portfolio
Northern Trust Asset Management said it launched a tokenized share class for its NIF Treasury Instruments Portfolio, using a blockchain “mirror record” structure and initial distribution via BNY’s LiquidityDirect platform using Goldman Sachs’ GS DAP.
HKMA and Shanghai partners sign MoU on digitised cargo trade finance
Hong Kong’s HKMA, the Shanghai Data Bureau and the National Technology Innovation Center for Blockchain signed an MoU to research digital trade-finance applications and examine a cross-border platform, including electronic bills of lading under Project Ensemble.
RWA Weekly — March 2, 2026
RWA Weekly (Mar 2, 2026): distributed RWAs climbed to $25.90B (+3.31% WoW) while total holders fell to 655,650 (−7.65%)—matching a broader “cleanup” pattern as stablecoin holders also dropped. Value rose across Ethereum, BNB, Solana and Liquid; platforms edged up to 161.
Agora Data, Figure partner to tokenize U.S. auto loans on Provenance
Agora Data and Figure Technology Solutions announced a partnership to distribute U.S. auto loans as tokenized RWAs via Figure Connect. Figure said loan data will be tokenized on the Provenance Blockchain, with onboarding expected to begin in March 2026.
Bloomberg and Kaiko to enable on-chain access to Bloomberg Data License on Canton
Bloomberg and Kaiko said they will develop a way for Bloomberg Data License offerings— including security master data and evaluated pricing— to be accessed on-chain via Kaiko’s infrastructure, initially targeting tokenized U.S. Treasuries and repo workflows on the Canton Network.
E-Estate says tokenized real estate portfolio tops $150m
E-Estate Group Inc. said its tokenized real estate portfolio has surpassed $150m. Its 2025 annual financial report lists an “actual value as of Jan 1, 2026” of $152.32m across 11 tokenized assets, with values based on internal valuations.
Hong Kong says first stablecoin licences due in March
Hong Kong’s 2026–27 Budget says the first fiat-referenced stablecoin issuer licences will be issued in March 2026, and a bill will be introduced this year to create licensing regimes for digital asset dealing and custodian service providers.
FCA selects four firms for UK stablecoin Regulatory Sandbox cohort
The UK Financial Conduct Authority has selected Monee Financial Technologies, ReStabilise, Revolut and VVTX for a stablecoin cohort in its Regulatory Sandbox, focusing mainly on issuance and testing use cases including payments, wholesale settlement and crypto trading.
Canton working group completes tokenized gilt cross-border intraday repo
Digital Asset said the Canton Industry Working Group completed a new round of on-chain repo tests, including a cross-border intraday repo using tokenized UK gilts and non-GBP tokenized deposits, with participation from LSEG, Euroclear, DTCC and others.
Crypto.com wins conditional OCC approval for US national trust bank
Crypto.com said it received conditional approval from the OCC for a US national trust bank charter. Reuters reported the charter would support federally regulated custody and trade settlement, but not deposit-taking or lending.
Wall Street regulator allows intraday trading of tokenized WisdomTree money market fund
The SEC issued an exemptive order allowing Covered Dealers to buy and sell shares of WisdomTree’s tokenized government money market fund intraday at a fixed $1.00, rather than the next-calculated NAV, under specified conditions.
China issues “Document No. 42” on offshore RWA tokenization and crypto risks
China’s central bank and seven agencies issued “Document No. 42” on Feb. 6, reaffirming the domestic crypto-business ban and defining RWA tokenization, while directing strict supervision and approvals/filings for certain offshore tokenized structures tied to onshore rights.
Singapore distributors weigh fund tokenisation
Tokenisation is appearing in Singapore fund structures and distribution rails, but distributor research cited by Finance Magnates shows product innovation ranks below performance and scale. Market flows in 2025 also favoured ETFs, including REIT ETFs.
RWA Weekly — February 23, 2026
RWA Weekly (Feb 23, 2026): distributed RWAs edged up to $25.07B (+0.97% WoW) while total holders dropped to 709,945 (−16.4%), mainly from Solana (−44% holders) despite higher value—suggesting a cleanup/recount. Platforms rose to 160; stablecoin users grew again.
DTCC builds out tokenisation platform after SEC no-action letter to DTC
DTCC is laying groundwork for a tokenisation platform after SEC staff issued a Dec. 11, 2025 no-action letter to DTC for a preliminary tokenised entitlement service covering select liquid DTC-custodied assets, with operational constraints and off-DTC DvP.