⭕ Circle Raises The Roof

Another beautiful Friday, and yours truly, Ray Buckton, Head of Research at RWA World, is ready to rock some tokenized asset news. 📰

Record scratch – have you read the latest report authored by SEDA and RWA World? Financial data is a $50 billion industry – learn how it’s evolving with tokenization. 👀

🎯🔥 Rapid Fire Takeaways:

🏙️ NYC Mayor Adams says he'll 'push and fight' for Bitcoin bond in his city

💪 ‘Huge traction’ in use case for stablecoins, says BlackRock’s head of digital assets

📊 Tether, Tron Dominate Fast-Growing Stablecoin Payments Arena With 95% Market Share, Survey Shows

🔍 Tokenization's New Frontier: How ONDO and Chainlink Are Shaping the Future of Finance

🕯️ Stablecoins stole the show at Bitcoin 2025 — here's what the major players said

🦹 Wintermute’s ‘CrimeEnjoyor’ to flag Ethereum’s wallet-draining contracts

🔺 New Jersey and Avalanche Revolutionize Real Estate with a Massive Blockchain Upgrade

Circle has been the talk of the town, with no plans to sell to Ripple or Coinbase; they’ve upped their IPO price after it ended up 25 times oversubscribed. Even BlackRock wants a 10% stake. 🤯

We cover topics like this and more every Tuesday and Thursday at 2 pm EDT live on Wolf Crypto with top minds in the industry – mark your calendars! 🐺

🏗️ Regulations Meet Institutions

No surprise that tokenization is a global phenomenon. In the UK, the FCA is seeking public comments on its stablecoin and crypto custody regulations, while requiring firms to implement enhanced consumer protection measures. The UK-based BPX Exchange has also registered with the UK crypto regulator, while FCA-registered BCP has launched its pound-pegged stablecoin. 🦁

In the US, the SEC is seeking feedback on the WisdomTree Bitcoin fund while having discussed tokenization on June 5th with BlackRock, Fidelity, and others. The Senate is also preparing the stablecoin bill for passage, while disconnects still loom large. Up I-95, NYC Mayor Adams is talking Bitcoin bonds for the Big Apple. 🍎

Further afield, Pakistan is seeking a Bitcoin reserve, the HKMA is witnessing a rise in foreign currency deposits, and Singapore advises crypto clients, “get licensed, or get out.” Dubai is still thriving, granting RLUSD a license, while ByBit has secured a MiCA license from Austria, and Tocexa scored one from the SEC and MSB. 💳

🐴 Coins Go Stable

Stablecoins reign supreme, and BUIDL is redefining how US Treasuries function as the BIS quantifies their impact. BlackRock sees “huge traction” for the asset class, as stablecoin ETFs start to emerge as the next big thing. On the ground, Tether and Tron allegedly dominate volume with 95% market share. Two Tether-backed startups also launched MiCA-compliant stablecoins – that’s one way to reenter the market. 👛

Ex-CFPB director Chopra says big tech should avoid stablecoins, but the tide has turned. Santander wants in, plus Stripe is in early talks with banks, and Sony seeks a piece of the action. In terms of usage, Alchemy Pay is bringing stablecoins to millions of users through MiniPay, while 21X has added USDC to its tokenized securities platform. 💻

XRPL has introduced a new compliant stablecoin, joining RLUSD in its expansion of the DeFi footprint. USDG also debuted on Kraken’s Ink blockchain as USDY became available via Zodia Custody, expanding access to tokenized treasuries. As stablecoin startup Atticus reaches a $2 billion valuation and JD hits Phase 2 of the Hong Kong sandbox, now-defunct FTX is set to distribute over $5 billion in stablecoins to creditors. 💰

🤝 Handshakes Mean Deal Closure

Money makes the world go ‘round, and Metalayer Ventures' $25 million fund, along with Conduit’s $36 million Series A for cross-border stablecoins, has it spinning. Velocity also showed up with $10 million, and Valereum is making a $2.5 million investment in Bluebird Global, following its investment in an El Salvador football club. ⚽

Partnerships also accelerate the industry, and XDC is working with Bitso Business on cross-border payments between the US and Mexico. Mantra is collaborating with Dimitra on agriculture and carbon, while Vaulta and Fosum have teamed up on blockchain infrastructure in Hong Kong. Of course, we can’t leave out the collaboration between Fineqia AG and Apex Group on crypto-backed ETPs. 🧑‍🤝‍🧑

Naturally, Ondo and Chainlink are collaborating to reshape the future of finance, as digital asset treasury companies are poised to redefine how corporations allocate their assets. The tech is also being used to change lives – Cardano ETP converts yields into refugee aid, while Xend is offering tokenized stocks in Africa. 🌄

💡 Ecosystem and Sectors Lightning Up

Tokenized assets live everywhere, including Bitcoin. Amboss has a self-custodied BTC yield product on the Lightning Network, Sui is bringing BTC to DeFi via sBTC, and Sberbank is now offering Bitcoin bonds. And while STOKR’s Bitcoin-based capital market surpasses $1 billion in volume, its stablecoins that stole the show at Bitcoin 2025. ✨

Ripple is crushing it, with a new lending platform targeting US public companies and the first XRP-based treasury hitting the market. Hidden Road also debuted OTC swaps, and Ault Capital is eyeing an XRP lending platform. Solana is also cooking, with an ETF filing and RedStone powering RWA access on the chain. ⛓️

Real estate is heating up, with Dubai targeting $16 billion worth of property on-chain and StegX investing $100 million on Hedera. Avalanche is also working with New Jersey on a massive blockchain upgrade, and Medellin isn’t far behind, thanks to RealT. Commodities like gold are also in high demand, with Kyrgyzstan launching a gold token, stablecoin protocol USDT0 integrating tokenized gold into DeFi, and Anthalpha allocating $40 million to Tether Gold by June 2026. 🥇

🌱 Growing Up Fast

Tokenization is maturing quickly.

And we’re here to cover it all. 

Be sure to read the latest report from RWA World and SEDA – we’re here to meet all your tokenized asset data and intelligence needs. 

Until next time!