Flash News

TREE NEWS update: Pendle has expanded its one-click looping feature to cover yield assets and tokenized stocks on the Base network, where stock longs use Aave loans. The protocol is waiving PendleLoop fees on non-PT positions through Dec. 31. The move extends Pendle’s looping tool beyond its existing product set to tokenized equities traded on Base.

TREE NEWS reports: Coinbase Institutional strategy head John D’Agostino said the exchange’s tokenized stocks are seeing about $20 million a week in activity, a figure he did not define but said is growing. Speaking on the Bits + Bips podcast, D’Agostino also said Binance is doing “multiples” of that amount. The comments offer a rare public gauge of trading in tokenized equities, a small but expanding corner of real-world asset tokenization.

TREE NEWS update: Securitize, a tokenization firm with more than $4 billion in assets on its platform, now creates and redeems stablecoins directly at Anchorage Digital Bank, a federally chartered bank that also handles custody and settlement. The arrangement removes intermediaries from Securitize’s stablecoin operations.

TREE NEWS update: Vantage and Rio Bank executed a loan payment using tokenized deposits on Ethereum, with principal and interest reaching the receiving bank’s wallet in under three minutes. Loan balances and notices were updated alongside the payment. The transaction marks a live use of tokenized bank deposits for loan servicing rather than a pilot.

TREE NEWS update: JPMorgan’s genuine JPMD token on Ethereum currently has zero supply and zero holders, while its documentation warns that same-name tokens at other addresses are unaffiliated with the bank. The disclosure comes amid the bank’s Ethereum launch, with multiple lookalike tokens appearing at different addresses. The documentation states these tokens are not connected to JPMorgan.

TREE NEWS update: Sunrise has reintroduced Backpack’s tokenized Meta shares to the Solana network, allowing holders to trade the tokenized equity on-chain again. Redemption of the tokens requires an eligible, verified Backpack account, and transfers from Backpack to another brokerage are not yet supported.

TREE NEWS reports: Tokenized stock spot DEX volume reached about $50 billion in the third quarter, roughly nine times the prior quarter and up from about 1% to about 9% of all spot DEX volume. Total DEX spot volume rose about 13% quarter-on-quarter to $571 billion, the first increase in four quarters, while perpetual DEX open interest climbed about 76% to $24 billion, with Hyperliquid accounting for about $13 billion, or 53%.

TREE NEWS update: Securitize, the tokenization platform behind funds from BlackRock, Apollo and KKR, will mint stablecoins directly with Anchorage Digital Bank, sourcing the dollars that settle those trades from a federally chartered bank rather than intermediaries. The setup gives the platform direct access to bank-issued settlement dollars for its tokenized-fund trades.

TREE NEWS reports: LlamaRisk has recommended a 55% collateral factor and a 37,000-token cap for a SpaceX-linked asset in an Aave collateral proposal, with the SpaceX share unlock looming over the plan. Larger liquidations would depend on redemptions or derivatives hedges, the risk assessor said.

TREE NEWS reports: OpenStocks’ tokens on BNB Chain provide price exposure to private companies but give holders no claim on the underlying shares. Exposure is delivered through special purpose vehicles or derivatives rather than direct equity ownership.

TREE NEWS update: Malaysia’s central bank has launched a distributed ledger technology platform for tokenized bonds that tracks ownership and transfers of tokenized securities and links to the country’s RENTAS+ system to settle corresponding payments in central bank money. The platform is designed to record tokenized securities ownership and transfers while connecting to RENTAS+ for settlement of payments in central bank money.

TREE NEWS reports: Sixteen companies have now objected to having their shares traded on the planned OKX-ICE tokenized stock venue, up from nine just four days earlier. Microsoft, Alphabet and Goldman Sachs are among the latest to join the list of objectors. The figure comes from an updated public notice on the planned venue.

TREE NEWS update: Solana lending protocol Kamino has established Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its risk-assessment standard for cross-chain collateral, following an extensive security review. Assets secured by CCIP will receive higher lending caps and loan-to-value (LTV) ratios across Kamino’s markets. Kamino said cross-chain security has become central to market design as it expands support for institutional-grade tokenized collateral. Chainlink confirmed the arrangement.

TREE NEWS update: Injective and BDACS plan to bring the won-backed stablecoin KRW1 to tokenized asset markets, the two said, as South Korea develops a regulatory framework for local currency stablecoins. The partnership would add a Korean won settlement option for tokenized assets on Injective. No launch date or further details were given.

TREE NEWS update: Alphabet and Microsoft have filed objections to OKX and ICE’s proposed tokenized stock platform, with about 25% of the US-listed companies in the initial proposal asking to opt out of the venture. The objections target the OKXICE platform, which would tokenize US-listed equities. The companies’ requests to opt out were submitted as part of the proposal process.

TREE NEWS update: OKXICE TSV, a tokenized stock trading platform jointly owned 50-50 by OKX and Intercontinental Exchange, said 16 US-listed companies have filed objections to their shares being traded on the platform, up from nine disclosed on Oct. 15. New objectors include Microsoft, Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald’s and Western Digital, joining Broadcom, Verizon, UnitedHealth, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Applied Optoelectronics and Cerebras Systems.

TREE NEWS update: Seven more companies, including Microsoft and Alphabet, have refused to let their shares be tokenized on the planned 24/7 trading venue from the ICE and OKX joint venture, bringing total objections to 16. Under SEC conditions governing the venue, those refusals keep the companies’ stock tokens off the platform. The updated notice did not specify which other firms joined the list.

TREE NEWS update: Injective has partnered with BDACS to bring a Korean won-denominated stablecoin into its RWA ecosystem. The move comes amid South Korea’s regulatory developments to establish a framework for Korean won stablecoins. The partnership adds a fiat-backed Korean won asset to Injective’s real-world asset offerings.

TREE NEWS update: Tx has launched USTX, a stablecoin issued by Brale that can be minted with USDC from eight networks and is designed to settle tokenized stocks and other real-world assets on its chain. The token aims to pull RWA liquidity onto Tx’s network, giving users a way to move value from major stablecoin rails into tokenized-asset settlement.