TREE NEWS update: The UK Financial Conduct Authority said uncertainty over whether some tokenized gold products fall under UK fund rules could affect adoption and investor access, and is seeking views on possible exemptions. The regulator did not specify a timeline for any decision. Tokenized gold products are backed by physical bullion held in custody and issued as blockchain tokens.
TREE NEWS reports: The UK Financial Conduct Authority is working with the Treasury and the Bank of England to build a dedicated regulatory regime for tokenized gold and broader tokenized commodities, the Financial Times reported. The FCA is assessing whether to exempt certain tokenized gold products or market infrastructure from collective investment scheme (CIS) and alternative investment fund (AIF) rules. No specific proposal has been finalized.
TREE NEWS update: Robinhood CEO Vlad Tenev said issuers should have a say when tokenized products alter shareholder rights or company obligations, but not when the tokens are separate instruments backed by shares. His comments address whether public companies can block third parties from tokenizing their stock, a flashpoint as brokerages push tokenized equities onto blockchain rails.
TREE NEWS reports: The European Securities and Markets Authority warned in its Trends, Risks and Vulnerabilities report for the first half of 2026 that issuing multiple tokenized versions of the same stock could fragment liquidity. ESMA also flagged risks from growing links between crypto and traditional finance, and said prediction markets have yet to develop significantly in Europe because major platforms lack EU licenses. It cited tokenization benefits including efficiency, broader investor access, programmability and atomic settlement.
TREE NEWS update: AMC Entertainment CEO Adam Aron publicly criticized Robinhood’s stock-token business again, questioning CEO Vlad Tenev and Chief Legal Officer Dan Gallagher over the products’ structure. Aron challenged Robinhood’s use of a Jersey entity to issue the tokens and its claim of 1:1 underlying share backing, asking whether the tokens remain 1:1 backed if the real shares are lent out to short sellers.
TREE NEWS update: Ripple stablecoin senior vice president Jack McDonald said corporate treasury is a major growth opportunity for RLUSD, noting Ripple Treasury serves about 1,200 corporate treasurers and CFO clients processing roughly $13 trillion in annual transactions after Ripple’s $1 billion acquisition of GTreasury. RLUSD circulating supply grew over 50% in the past month to $2.4 billion, with about $1 billion on the XRP Ledger and $1.4 billion on Ethereum; daily active volume more than tripled since the start of the year, rising from about $200 million last month to roughly $750 million.
TREE NEWS reports: Morgan Stanley initiated coverage of Coinbase on Sept. 10 with a Neutral rating and a $250 price target, about 43% above the roughly $175 level at the time. The bank said Coinbase is becoming a key bridge between traditional finance and digital assets, citing its “everything exchange” strategy spanning equities, commodities, prediction markets, pre-IPO exposure and tokenized assets, alongside custody, financing, stablecoin partnerships and the Base network.
TREE NEWS update: Canada’s banking regulator OSFI said Thursday that tokenized deposits are not legally distinct from traditional deposits, and that the underlying technology of a financial product or service does not determine its legal character. Financial institutions may offer tokenized deposits under existing rules without additional regulation, OSFI said. The regulator, which oversees nearly 350 financial institutions and 1,200 pension plans, told firms to consult their OSFI supervisor before launching new products and to seek legal advice before rollout.
TREE NEWS update: India’s wealthiest state, Maharashtra, is drafting a policy to tokenize state-owned assets, including power transmission infrastructure, to fund new transmission lines and energy storage. Praveen Pardeshi, CEO of the state’s transformation agency MITRA, said up to 40% to 50% of a transmission line could be tokenized, with token holders sharing transmission revenue. Maharashtra accounts for about 14% of India’s nominal GDP and has roughly 130 million residents. The state also plans India’s first law on blockchain-based property tokenization.
TREE NEWS reports: DeFi users on Robinhood Chain are trading healthcare stocks against memecoins such as BONER, a novel corner of onchain finance where tokenized equities are swapped directly for speculative tokens. The activity marks an emerging trend among so-called DeFi degens seeking new pairs beyond standard crypto assets. No specific figures, participants or dates were provided in the material.
TREE NEWS update: India’s securities regulator SEBI has launched its Demat 2.0 pilot, with three issuers raising more than $100 million in tokenized corporate bonds. Settlement was carried out via wholesale central bank digital currency. The pilot marks a first for tokenized debt issuance under the regulator’s framework.
TREE NEWS reports: UniCredit is seeking an infrastructure partner to help it launch crypto trading, custody and tokenized investment products. The Italian bank has not named a counterparty or set a timeline for the offering. The move would extend a major European lender into digital-asset services alongside its traditional banking business.
TREE NEWS update: India has launched a tokenized bond pilot with $107 million issued, regulator SEBI said. SEBI said later phases of its Demat 2.0 initiative will introduce secondary trading of the tokenized bonds and open them to retail investors. The pilot marks a step toward broader tokenization of Indian debt markets.
TREE NEWS update: X Layer has opened the second round of its $5 million RWA liquidity incentive program, offering 100,000 USDG in total liquidity rewards focused on the RWA Meme ecosystem. The list of selected trading pairs will be published on September 18, with the campaign running from September 18 to September 25, during which users can provide liquidity to designated RWA Meme pairs and share in the rewards.
TREE NEWS reports: sunrise warned users not to interact with SILV, a tokenized silver asset issued by Dominion_Market, after an attack compromised Dominion’s vault wallet. The token fell 74% following the incident. The warning covers all interaction with the SILV asset as the compromised vault remains a risk.
TREE NEWS reports: Gate published its August 2026 transparency report, saying its RWA perpetual futures open interest reached a 49.6% market share, the largest among centralized exchanges. Stock perpetual futures volume rose 308% month-on-month, a third straight triple-digit gain. Gate reported roughly $9.5 billion in 24-hour spot and derivatives volume, $12.48 billion in open interest and $308.1 million in 30-day net inflows, ranking second among major platforms.
TREE NEWS update: India’s securities regulator SEBI and the Reserve Bank of India have launched “Demat 2.0,” a pilot to tokenize the country’s roughly $620 billion corporate bond market on distributed ledger, settling trades in the wholesale central bank digital currency, the digital rupee. The system links tokenized bonds to the RBI’s Unified Market Interface for atomic delivery-versus-payment settlement, with smart contracts potentially automating coupon payments and redemptions. REC, Larsen & Toubro and IIFL Finance have issued tokenized bonds totaling 102.5 billion rupees.
TREE NEWS update: India’s SEBI and the Reserve Bank of India launched a corporate bond tokenization pilot called “Demat 2.0,” bringing the roughly $620 billion Indian corporate bond market onto distributed ledger rails with settlement in the wholesale central bank digital currency, the digital rupee. The system links tokenized bonds to the RBI’s unified market interface for atomic delivery-versus-payment settlement and is expected to automate interest payments and redemptions via smart contracts. REC, Larsen & Toubro and IIFL Finance have issued tokenized bonds of 50 billion, 50 billion and 2.5 billion rupees respectively, totaling 102.5 billion rupees.
TREE NEWS reports: The EU securities regulator ESMA warned that growing ties between crypto and traditional finance could amplify risks to the broader financial system, singling out tokenized equities, DeFi exploits and prediction markets. The regulator flagged these areas as points where crypto market stress could spill over into conventional markets.
TREE NEWS update: Valinor has launched the Valinor BDC Exposure Fund on Superstate, giving investors tokenized exposure to listed business development company equities. The fund charges 1.25% on top of the fees those BDCs already levy, and permits daily redemptions capped at 7.5% of net asset value per day. None of its 499,157 shares have been tokenized.