Flash News

TREE NEWS reports: Nine blue chip companies have said no to tokenized stocks, raising questions about whether corporate objections could deflate the tokenized equity market before it materializes. The development comes as tokenized stocks remain an emerging segment of real-world asset tokenization, with the impact concentrated among platforms and issuers building tokenized equity products.

TREE NEWS reports: Tiger Research projects South Korea’s tokenized assets will reach 315 trillion won and stablecoins 45 trillion won by 2030, a combined 360 trillion won ($253 billion) market. The estimate maps BCG’s $16 trillion global tokenized-asset forecast and Standard Chartered’s $2 trillion stablecoin supply projection onto South Korea’s 1.58% share of global GDP. Korean financial groups have invested 2.35 trillion won ($1.7 billion) in tokenization infrastructure ahead of the 2027 STO law.

TREE NEWS update: Zerohash launched AUTH, an on-chain account-linking product that lets users connect exchange accounts or self-custodial wallets inside integrated apps and move cryptocurrency, stablecoins and tokenized securities without copying wallet addresses or manually selecting a blockchain network. The product supports more than 600 account and wallet connections, including Coinbase, Robinhood, Gemini, MetaMask and Phantom, with available assets and transfer types configured by each integrating platform.

TREE NEWS reports: The World Gold Council’s Digital Gold Market Opportunity report puts the digital gold market at $45 billion to $55 billion, with a five-year base case projecting roughly 27% annual growth to $160-170 billion by 2031. Digital gold converts physical bullion into tradable standardized digital units supporting tokenization, custody and collateral products. Despite the physical gold investment market being worth about $13 trillion, digital gold accounts for less than 1% of it.

TREE NEWS update: Arcus has added tokenized stocks and WETH as collateral for its perpetual contracts in an early-access feature, offering automatic USDG loans at a 50% initial loan-to-value ratio. Non-USDG deposits are capped at $20,000 per account. The feature remains in early access, with no timeline given for general availability.

TREE NEWS update: Nine companies, including Verizon, Broadcom and UnitedHealth, have objected to their shares being traded on the planned OKX-ICE tokenized stock venue. The objections target the platform’s plan to offer tokenized versions of their equity. The venue is a joint effort between crypto exchange OKX and Intercontinental Exchange (ICE).

TREE NEWS update: Pump.fun has added eight PreStocks assets to its launch pairings, giving traders economic exposure to pre-IPO companies rather than shareholder rights. The tokens are unavailable to US persons. The move extends the memecoin platform’s product line into tokenized pre-IPO exposure.

TREE NEWS update: Pump.fun has listed Pre-IPO tokens for unlisted companies including OpenAI, Anthropic, Anduril, Neuralink, Figure AI, Kalshi, Polymarket, and Oura, the platform said on X. The tokens are issued via PreStocks, a Solana-based pre-IPO tokenization platform, and users can also launch new coins paired with these tokens. The move follows Pump.fun’s October 9 rollout of custom trading pairs.

TREE NEWS update: JPMorgan is rolling out JPM Coin on Ethereum for institutional clients, putting a dollar-backed token on a public blockchain. The token is backed by dollars held in the bank’s accounts and settles in seconds, any day of the week. The move places JPMorgan’s deposit token directly on Ethereum rather than a permissioned network.

TREE NEWS reports: Maple’s SYRUP token dropped 24% over the past week, underperforming both bitcoin and ether, while the protocol still holds $2.71 billion in total value locked. September’s revenue-funded token buybacks doubled from August.

TREE NEWS update: Nine publicly listed companies have formally objected to their shares being issued in tokenized form on a proposed platform backed by OKX and Intercontinental Exchange, the parent of the New York Stock Exchange. The companies include Cerebras Systems, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon Communications, Applied Optoelectronics, Broadcom and UnitedHealth Group. The announcement did not disclose the specific reasons for the objections. Under the SEC’s innovation exemption published on September 17, tokenized trading platforms must give issuers written notice and an opportunity to object before listing third-party tokenized shares.

TREE NEWS update: Nine public companies have objected to having their shares offered in tokenized form by OKX and ICE, challenging whether platforms can build blockchain-based markets without issuer consent. The dispute tests the ability of trading venues to list tokenized equities without the approval of the underlying companies.

TREE NEWS reports: Nine companies have now objected to the ICE and OKX joint venture’s tokenized stock trading venue, with Broadcom and Verizon among the latest to opt out. The venture’s Oct. 15 public notice shows the roster of companies refusing tokenized trading on its pools is rising quickly.

TREE NEWS update: Matrixdock completed the first physical gold bar redemption of its XAUm token on April 22, 2025, burning 32.148 XAUm on-chain to deliver one 1-kilogram gold bar held at Singapore’s Le Freeport vault. Each XAUm is backed 1:1 by one troy ounce of 99.99% LBMA Good Delivery gold. The token has since launched natively on Stellar, become the first RWA collateral accepted by Venus Protocol’s Fixed-Term Vault on BNB Chain, and debuted on Circle’s Arc network with a XAUm/USDC pair on Uniswap.

TREE NEWS reports: JPMorgan is expanding its JPM Coin deposit token to Ethereum, enabling institutional clients to make payments and settle tokenized asset transactions on the public blockchain. The move extends the bank’s deposit token beyond its private network to a major public chain, where it will support settlement of tokenized assets. No launch date or client list was disclosed.

TREE NEWS update: JPMorgan has extended its USD-denominated JPM Coin deposit token to Ethereum, enabling peer-to-peer transfers across the Ethereum Virtual Machine ecosystem, including Base. The move broadens institutional clients’ access to the bank’s tokenized deposit network beyond its original closed system. JPM Coin remains a deposit token rather than a stablecoin, backed by deposits held at the bank.

TREE NEWS update: JPMorgan has extended its JPM Coin dollar token to Ethereum, bringing permissioned bank money onto another public blockchain. The token remains restricted to approved counterparties. The move places the bank-issued digital dollar on a second public network for institutional use.

TREE NEWS update: Nine US-listed issuers including Broadcom, Verizon, UnitedHealth and CoreWeave filed written objections with OKXICE against the tokenization of their shares, the ICE-OKX joint venture said in an Oct. 15 public notice. The platform had planned to list 63 US stocks under the SEC’s five-year innovation exemption, which gives issuers a 30-day per-venue objection right; silence is treated as consent. The objections bind only OKXICE, not other venues.