TREE NEWS update: IBM has opened a beta connection that lets banks instruct transfers of tokenized deposits on Swift’s ledger using their existing payment messages and compliance processes. The link is aimed at enabling 24/7 settlement of tokenized deposits without banks rebuilding their payment and compliance workflows.
TREE NEWS update: Ledger has partnered with Payward, the parent company of crypto exchange Kraken, to integrate its xStocks equity trading platform into Ledger hardware devices. Clients using xStocks can require counterparties to sign transactions on their Ledger device before trades are completed, the companies said on September 24.
TREE NEWS update: The Solana Foundation has hired Rachel Conlan, formerly Binance’s chief marketing officer, and payments executive Jamal Raees. Conlan will oversee institutional partnerships and ecosystem growth, while Raees will focus on stablecoins and tokenized deposits. The appointments follow a wave of new partnerships for the foundation.
TREE NEWS update: HIFI has raised $37 million in a Series A round, its first priced funding round, to expand stablecoin payments and tokenized markets. CEO Zach Walsh confirmed the round, though the company did not disclose its valuation.
TREE NEWS update: HIFI raised $37 million in Series A funding led by Left Lane Capital. The company said the round will be used to scale its tokenized settlement infrastructure for capital markets.
TREE NEWS update: IBM unveiled a new ISO 20022 messaging adapter that lets financial institutions instruct tokenized deposit transactions through standard payment messages, with Swift project participants already testing tokenized deposits using Digital Asset Haven. Swift’s shared ledger supports banks issuing tokenized deposits and enables participating institutions to transfer and finally settle digital assets 24/7. IBM also launched a beta of an on-premises Digital Asset Haven edition for IBM Z and LinuxONE, letting clients manage stablecoins and tokenized deposits without public cloud, with key management in their own environment secured by IBM Crypto Express hardware security modules.
TREE NEWS update: IBM Digital Asset Haven clients can now connect to Swift’s shared ledger and instruct tokenized deposit transactions, IBM said. The integration lets users of the digital asset platform initiate settlement instructions on the interbank messaging network’s blockchain ledger. No launch date, transaction volumes or participating institutions were disclosed.
TREE NEWS update: Ava Labs President John Wu, known as Cooper, said the NYSE’s parent company ICE has spent the past year testing Avalanche’s technology and assessing how to connect it to existing trading systems, with a partnership now in place but no final decision on using Avalanche for its tokenized securities platform. ICE’s Michael Blaugrund said Avalanche meets many of its requirements, though neither side has announced a formal selection.
TREE NEWS update: Russia’s central bank amended mutual fund investment rules to let professional-investor funds invest in settlement indexes tied to digital currency quotes. Retail mutual funds may also hold certain unlisted Russian and foreign securities, including tokenized securities and US ETF shares linked to crypto prices, capped at 10% of assets, or 20% for closed-end funds.
TREE NEWS reports: Hong Kong’s government plans to issue multi-currency digital bonds worth up to HK$20 billion equivalent, Bloomberg reported. The issuance would mark another step in the city’s push to expand tokenized bond sales by a sovereign-level issuer. No timing or currency breakdown was disclosed.
TREE NEWS update: KB Securities, Securitize and Optimism signed an exploratory memorandum of understanding on tokenization in South Korea, with a tokenized bond named as the first product and two tokenized funds also cited. The partners’ announcements differ on the initial lineup, and South Korea’s first regulatory phase for the sector begins in February 2027.
TREE NEWS update: MoonPay has agreed to acquire North Capital, adding securities infrastructure to its payments platform, in an all-stock deal worth more than $60 million. The transaction remains subject to regulatory approval. North Capital provides broker-dealer and alternative trading system infrastructure used for tokenized and private securities.
TREE NEWS update: RBC, TD, BMO, Scotiabank, CIBC and National Bank are jointly exploring a tokenized deposit system for the Canadian dollar, starting with transfers between the banks themselves. The six largest Canadian lenders are collaborating on the shared digital-dollar network. The initiative would use tokenized deposits rather than a retail central bank digital currency.
TREE NEWS update: NYSE Group and Blockchain.com have signed a preliminary agreement that would give the crypto exchange’s users access to tokenized U.S. stocks and ETFs, subject to regulatory approval. The deal links the New York Stock Exchange operator with a major crypto trading venue to reach crypto-native investors. No timeline or financial terms were disclosed.
TREE NEWS update: NYSE is partnering with Blockchain.com to give the crypto platform’s users access to tokenized US stocks and ETFs through NYSE’s planned digital trading platform. The tie-up comes as exchanges race to roll out new trading venues for tokenized equities. No timeline or launch date was disclosed.
TREE NEWS update: Blockchain.com and the New York Stock Exchange have signed an agreement to explore tokenized US stocks and ETFs, the two said, with any rollout subject to regulatory approvals. The tie-up pairs NYSE’s listing and market infrastructure with Blockchain.com’s crypto platform and user base. No timeline, asset list or launch date was disclosed.
TREE NEWS reports: The SEC’s exemption for tokenized equities has reopened a structural question for issuers: whether a tokenized stock should be a synthetic instrument that tracks the underlying price or a direct claim on the share itself. Lawyers and builders shaping that answer addressed the choice in a discussion with Camila Russo.
TREE NEWS update: Six Canadian banks have outlined the first phase of an exploratory tokenized deposit project, which would initially move deposits among participating institutions. A US counterpart project has also named its operator and payment rails. The initiative marks a step toward interbank settlement using tokenized deposits.
TREE NEWS update: Blockchain.com and the New York Stock Exchange plan to offer tokenized U.S. stocks and ETFs to the crypto platform’s 44 million user accounts, giving them access to equities on the NYSE’s planned digital trading venue. The partnership would bring tokenized U.S. equities and ETFs to Blockchain.com users through the exchange’s forthcoming digital asset marketplace.
TREE NEWS update: Ondo has opened in-kind minting for its tokenized US stocks product, letting approved institutions swap existing share inventory for Ondo Stocks through Alpaca. The new flow removes the separate cash funding that the platform’s existing issuance process required. The change applies to approved institutional participants only.