Flash News

TREE NEWS update: GSR has committed $100 million to its Hare vault business, with the first Aave-powered products set to target stablecoins and tokenized gold. Outside investors are expected to join GSR in the vaults, and opening dates have not yet been announced.

TREE NEWS update: Injective has released its Meridian upgrade to mainnet, adding expanded controls for tokenized assets and opening private trading tests. The broader CypherOS privacy platform is slated for a later chain upgrade rather than this release. No timeline was given for the CypherOS deployment.

TREE NEWS update: Tether and Kazakhstan’s central bank have agreed to explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets, as the country expands its digital asset industry. The deal covers a stablecoin pilot pegged to Kazakhstan’s national currency and an RWA tokenization framework. No timeline or launch date was given.

TREE NEWS update: Injective released a new whitepaper on October 7, its first full rewrite since the original in December 2018, positioning the Layer 1 for institutional finance and asset tokenization. The document covers the full lifecycle of tokenized assets from issuance to trading to settlement, introduces native RWA tokenization mechanisms and iAssets derivatives, and describes on-chain central limit order book trading with sealed-bid frequent batch auctions, roughly 600-millisecond block times, native EVM and WASM support, and INJ community buybacks funded by protocol revenue.

TREE NEWS update: Uniswap said US and South Korean stock tokens issued by Stove Finance are now live on Arbitrum and tradable through Uniswap Apps, powered by UniswapX. The listing brings tokenized equity exposure to the Arbitrum network through Uniswap’s trading interface.

TREE NEWS update: Illia Polosukhin said on-chain tools now let users carry out many crypto activities without centralized exchanges, as NEAR expands near.com to combine cross-chain spot trading, tokenized stocks, yield products and perpetuals in one interface. The platform plans more fiat features including bank withdrawals, tax transaction records and selective disclosure, and has partnered with Monerium to let users convert euros between bank accounts via IBAN and EURe. near.com has offered tokenized stocks since integrating Ondo Finance in September.

TREE NEWS update: Gate founder and CEO Dr. Han announced the launch of Gate Money on Oct. 7 during a TOKEN2049 keynote, an app consolidating digital assets, fiat, stocks, ETFs, gold, bank accounts, payments and asset management into a single account. Users can activate it by updating the Gate App to v8.39.0. Eligible USDT balances can earn up to 3.6% with no lock-up, and Gate Card supports Apple Pay, Google Pay and ATM withdrawals in some regions.

TREE NEWS update: The Cardano Foundation says its programmable token standard is now live, featuring built-in KYC and freeze controls. The standard completed multiple independent security audits and required no hard fork, the Foundation said. Swiss group CMTA has recognized tokens issued under the standard as equivalent to its CMTAT contract.

TREE NEWS update: Securitize has teamed with LG CNS, the IT services arm of South Korea’s LG Group, to explore tokenized funds and stablecoins. The two companies plan joint work with Korean financial institutions, and any resulting products would be subject to regulatory approval.

TREE NEWS update: Solana-based silver tokenization project Dominion has shut down after a September security attack that saw large amounts of SILV stolen and sold off, collapsing liquidity and wiping out operating funds. The team said most remaining liquid capital went to a refund program for pre-hack holders, who could exit at $63 per SILV. It said rebuilding liquidity and market structure would cost more than its remaining resources.

TREE NEWS update: The Solana Foundation has released open-source code that lets banks settle tokenized trades in a single step, using an escrow program that swaps an asset and its payment in one transaction or not at all. J.P. Morgan contributed its view of how institutions settle securities to the effort.

TREE NEWS update: The UK government has appointed Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets as joint lead managers for its first digital-native gilt, the Digital Gilt Instrument (DIGIT), expected to launch in the first quarter of 2027. The banks will handle underwriting, investor communication and distribution. DIGIT will be issued through a platform inside the UK Digital Securities Sandbox, testing distributed ledger technology across the gilt’s issuance and full lifecycle, including on-chain settlement.

TREE NEWS update: The UK has selected six banks to lead its first digitally native government bond, part of the DIGIT pilot testing distributed ledger technology and onchain settlement for UK sovereign debt. Issuance is expected by the first quarter of 2027.

TREE NEWS update: Anchorage Digital has acquired payments firm Routable, adding corporate payment rails to its digital asset platform. Routable will operate under a new brand, with integrated stablecoin and tokenized deposit offerings set to roll out over the coming quarters. Terms of the deal were not disclosed.

TREE NEWS reports: Securitize shares rose 8% after the tokenization platform announced a partnership with LG CNS, giving it a foothold in South Korea as Seoul prepares new rules for tokenized stocks, bonds and funds starting in February 2027. The tie-up positions Securitize in a market opening to regulated digital-asset issuance.

TREE NEWS update: Agora has received approval from the Office of the Comptroller of the Currency to establish a US trust bank that would take over issuance and reserves of its AUSD stablecoin from the company’s Bermuda entity. The bank must still meet capital, liquidity and compliance conditions before it can open.

TREE NEWS reports: Tokenized stocks grew 395% over the past year to $3.17 billion in supply, but DeFi use of the assets remains under 3%. Lending collateral backed by tokenized equities totals roughly $81 million, with leveraged equity exposure onchain sitting almost entirely in perpetual futures rather than DeFi lending markets.

TREE NEWS update: The UK has named six banks to manage its first digital gilt pilot, underwriting and distributing DIGIT, a short-dated bond issued on HSBC’s Orion platform. The bond will sit outside the UK’s main debt management programme, marking the country’s first sovereign digital bond issuance.

TREE NEWS update: Soneium said it is pushing forward IP standardization and plans to support ERC-8432, an on-chain IP asset and license registry standard. Published on Ethereum Magicians on September 28, the standard aims to give AI agents a common interface for interacting with tokenized IP, letting rights holders register tokenized IP with attached license terms that AI agents can verify and acquire in a single transaction.

TREE NEWS update: Spiko raised $90 million in Series B funding to scale its tokenized cash fund business and expand into new markets. The company’s tokenized cash funds currently hold $2.7 billion in assets. The round will fund expansion across additional markets.