Deutsche Börse is acquiring a $200M, 1.5% stake in Payward (Kraken) through a secondary transaction. The deal deepens a December 2025 partnership spanning tokenized equities, derivatives, FX liquidity, and custody via Clearstream and Crypto Finance.
HSBC completed a pilot on the Canton Network simulating issuance, transfer and atomic settlement of its Tokenised Deposit Service — the first time the bank tested the product on a public blockchain. No live client deployment was announced.
Blockchain Association submitted a letter to the SEC backing Coinbase's argument that third-party tokenization of public securities should not require issuer consent. The group also pushed for a time- and volume-limited innovation exemption to test tokenized trading.
Currenc Group, listed on Nasdaq under CURR, partnered with Securitize to tokenize its ordinary shares on Ethereum and Solana. Tokenized holders get the same ownership, voting, and corporate action rights as conventional shareholders.
Hong Kong-based Pharos Network raised $44M in Series A, bringing total funding to $52M. Investors include a Sumitomo subsidiary, SNZ and Flow Traders. The company is building a Layer 1 for tokenized RWAs and compliant finance, still in testnet.
South Korea's ruling party is preparing a Digital Asset Basic Act draft that would route stablecoins into foreign exchange law and require tokenized RWA issuers to hold underlying assets in managed trusts. The bill has not been formally filed yet.
Six Swiss banks including UBS and PostFinance joined Swiss Stablecoin AG to test a Swiss-franc stablecoin on Ethereum in a controlled sandbox. Volume is capped below CHF 1 million under FINMA's fintech sandbox framework. Reserves are held in cash at a regulated Swiss bank.
FG Nexus disclosed in an SEC filing that its board discussed a possible business combination with manufactured housing operator FG Communities as part of its real world asset tokenization strategy. Talks are preliminary — no agreement has been reached.
DiamondLake Minerals, ECI and SteelWave signed an MOU to build a tokenized real asset platform combining public market access, investment structuring, and commercial real estate. No definitive agreements have been signed.
Lise, a tokenized stock exchange operating under the EU DLT Pilot Regime in France, is preparing to admit aerospace composites manufacturer ST Group as its first issuer. Subscriptions are scheduled to open on April 9 on a regulated venue with 24/7 secondary trading.
Australia's Parliament passed the Corporations Amendment (Digital Assets Framework) Bill on April 1. Exchanges, custodians and tokenization platforms will need an Australian Financial Services Licence. The regime takes effect 12 months after Royal Assent, with 18 months to comply.
Plume launched a payroll pilot with Toku that lets employees elect to receive part of their compensation in WisdomTree's WTGXX tokenized money market fund instead of cash. The asset is a U.S.-registered treasury fund under the Investment Company Act, not a stablecoin.
Swift said it has finished the design phase of its blockchain shared ledger and is now building the first MVP. Participating banks will begin live transactions in 2026, with the initial use case focused on real time international payments using tokenized deposits.
Berlin-based Midas raised $50 million in early-stage funding led by RRE and Creandum, with participation from Coinbase Ventures and Franklin Templeton. The company operates a prospectus-backed issuance program for blockchain-based certificates under EU regulation.
Eddid Financial coordinated the issuance of what it calls Hong Kong's first silver RWA tokenization project. Up to 40,000 tokens, each representing one troy ounce of silver, were placed with professional investors under the SFC's existing framework.
Obex said it began deploying $1B in USDS across its first cohort of eight projects, including Better, Securitize, Centrifuge and Maple. The deployment spans structured credit, mortgages, energy finance and AI infrastructure within the Sky stablecoin ecosystem.
