Flash News

TREE NEWS update: Canton Strategic Holdings is moving to tokenize its own CNTN shares under the SEC’s new exemption, with Fairmint set to mint the tokens. Tokenized shares could begin trading on TSV LLC’s Canton venue, which has not yet opened, on Nov. 2 at the earliest.

TREE NEWS reports: Tokenized assets, payments and prediction markets have out-earned blockchains for the first time. The report projects industry revenue will reach about $100 billion in 2026, down roughly 30% from last year, with transaction fees paid to chains now accounting for under 3% of total industry earnings.

TREE NEWS reports: XRPL’s native stablecoin supply grew 25.2% quarter-on-quarter to $1.03 billion in the third quarter, driven mainly by a 49.7% increase in RLUSD to $1.01 billion, which accounted for 98.1% of the total. Stablecoin transfer volume rose 39.5% to $14.09 billion, while the value of tokenized real-world assets on XRPL climbed 29.2% to $498.7 million. Global XRP ETP net inflows increased 39.6% to $355.3 million, lifting assets under management from $2.01 billion to $3.32 billion.

TREE NEWS update: Paxos said PAXG tokens held on Binance have been transferred, the issuer disclosed. The statement did not specify the size of the transfer, the destination or the reason. PAXG is a gold-backed token issued by Paxos. Binance is one of the venues where the token trades.

TREE NEWS reports: Thirty-eight companies have objected to the tokenization of their shares through the TSV platform run by OKX and ICE, 23 of them listed on Nasdaq. Nasdaq has reportedly warned issuers listed on its exchange against participating in the TSV scheme. The exchange has said it is concerned about tokenized shares trading outside traditional market structure and has no plans to launch TSV, while pursuing a separate tokenization model with Kraken targeted for the second quarter of 2027.

TREE NEWS update: Nasdaq-listed Canton Strategic Holdings plans to begin tokenized stock trading on Nov. 2, offering shares that carry the same shareholder rights as traditional stock. The tokens will trade around the clock with immediate settlement under the SEC’s innovation exemption.

TREE NEWS update: European Stability Mechanism Managing Director Pierre Gramegna described the ESM’s digital bond issuance as “an important milestone for Europe’s digital financial markets.” Bundesbank President and ECB Governing Council member Joachim Nagel said the transaction shows how distributed ledger technology can improve the efficiency of securities issuance and settlement and help strengthen European capital markets.

TREE NEWS update: The European Stability Mechanism has sold a €1 billion ($1.11 billion) digital bond, the first by a European supranational borrower to settle on the new Pontes platform. An ECB spokesperson said the deal, settled in central bank money, shows European tokenized finance is moving from experimentation to application, and cited strong market interest in joining Pontes as reinforcing the ECB’s push to build a tokenized-finance ecosystem.

TREE NEWS update: Walmart, Eli Lilly, Cigna, Carnival and Arcos Dorados have objected to the trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total number of objecting companies to 38. The companies join a growing list of firms opposing the listing of their equities on the tokenized trading platform.

TREE NEWS update: The Bank of England has opened a consultation on proposed guidance that would require central counterparties to demonstrate that tokenized collateral meets liquidity and risk tests. The guidance sets out how clearing houses would need to show that tokenized assets used as collateral satisfy the same standards as conventional collateral.

TREE NEWS update: The Canton Foundation has granted RedStone 15.8 million Canton Coin to develop a pricing standard for the network. RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers. The grant supports building shared price infrastructure for institutional users on the Canton blockchain.

TREE NEWS reports: Solana ranked first among all blockchains in on-chain transaction volume and application revenue as of Oct. 24, 2026, generating about $158 million in app revenue over the prior 30 days — 2.1 times Hyperliquid and 2.9 times Ethereum. The network processed roughly 167 million non-vote transactions daily, while its tokenized-stock holders reached 1.57 million, up 56.5% in a month, and RWA value hit a record $4.6 billion.

TREE NEWS update: Lazaro Campos, former chief executive of Swift, has joined London-based stablecoin yield platform OpenTrade as chairman, the company said on October 29. OpenTrade processed more than $1 billion in transaction volume over the past year, and its total value locked stands at $300 million, up from over $200 million in May. Founded in 2023, the platform helps businesses offer USD- and EUR-denominated yields backed by real-world assets and has raised $32 million to date.

TREE NEWS update: The London Metal Exchange, owned by Hong Kong Exchanges and Clearing, is exploring tokenizing metal held in its Hong Kong warehouses to support corporate financing, the exchange said. The LME is at an early stage of the plan and will hold an invitation-only industry roundtable in early November. The move aligns with Hong Kong’s five-year plan to expand its commodity trading hub and would give the LME a new revenue source.

TREE NEWS update: The Depository Trust & Clearing Corporation’s DTC went live on October 28 with its Tokenization Service, with 20 DTC participants including JPMorgan, Citi, State Street, Morgan Stanley, BofA, Barclays and UBS signed on to connect. The service mints tokenized entitlements mirroring already-custodied securities rather than issuing new ones, with CUSIPs and ownership rights preserved. Initial conversions cover about 30 securities on the Canton network and DTCC’s private Besu chain, under a December 2025 SEC no-action letter.

TREE NEWS reports: Tokenized GOOGL dropped nearly 12% in after-hours trading, mirroring a sharp decline in Alphabet’s underlying shares after the regular close. A Uniswap pool processed about $603,000 in volume within five minutes as the Alphabet-linked tokens repriced.

TREE NEWS update: The London Metal Exchange is exploring tokenizing metals stored in its Hong Kong warehouses into digital assets that can be used for financing, tied to Hong Kong’s five-year plan to build a commodities hub. The exchange said it is in the early stages of examining tokenization of off-exchange metal inventory to support business financing and will consult stakeholders. LME has scheduled an invitation-only industry roundtable in early November to discuss the initiative.