🤝 Consolidation in Real Time

Hey everyone, Ray Buckton, Head of Research, here again to deliver you the best of tokenzied assets. 🍽️

Market consolidation takes many shapes. 📐

Sometimes, it looks like the EU consolidating its regulatory framework and clarifying that Tether’s USDT does have to leave European exchanges. 👋

🎯🔥 Rapid Fire Takeaways:

💰 Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

👀 Komainu Secures $75 Million Bitcoin Investment From Blockstream, Backed by Nomura

💎 Vaultik and World Gemological Institute to tokenize $3B In diamonds and gemstones on the Hedera network

👻 Phantom raises $150M Series C to build the world’s biggest consumer finance platform

🏛️ Trump's Treasury Nominee Scott Bessent Sees 'No Reason' For US Central Bank Digital Currency: It's For Countries With 'No Other Investment Alternatives'

🧱 Brickken secures $2.5M to expand tokenized assets platform in Europe

🥇 Swarm and MetaStreet Launch First Gold NFT Lending Pool

It can also look like Circle outright buying Hashnote for $1.3 billion. Hashnote is the largest issuer of RWA-backed (specifically T-Bills) stablecoins in the form of USDY. 💰

The tokenization race is heating up, and speaking of racing, have you thought about racehorses lately? We have – check out our research report on how Lympid achieves up to 70% ROI in just four months by tokenizing racehorses. They also tokenize other luxury items like watches and designer handbags. 🏇

🦁 Tokenization in the Wild

Our friends at Anduro have already tokenized whiskey on Bitcoin, and now the trail they’ve blazed is getting more attention as Hamilton just secured $1.7 million to tokenize Treasuies on Bitcoin! The prediction that Trump’s policies could aid RWAs might already be taking shape. 👀

Plume and Elixer are working on RWAfi with a similar name, Hamilton Lane and BlackRock, to make the industry more modular. Just in time, too – the big money is coming. Brickken secured another $2.5 million to expand into Europe, and Vaultik and the World Gemological Institute are tokenizing $3 billion worth of gemstones on Hedera. 💎

All sorts of networks are getting tokenization love this week. Algorand welcomes Enel Group, an Italian green energy giant, to the network as it tokenizes solar panels. Australian digital asset manager JellyC is also spreading its influence to the Redbelly Network as it tokenizes a suite of funds. 💻

🐉 Asia Rising

Tokenization is a global phenomenon, but Asia stands out as a forward-thinking region. Hong Kong just proved it yet again by launching a blockchain incubator for banks, and never to be outdone, and Singapore followed up by offering grants to digital bond issuers. 🌏

However, Hong Kong won this week as Tykhe Capital kicked off the jurisdiction's first tokenized USD money market fund. At the same time, the Bank of Communications HK issued a $300 million digital bond. Topping it off, state-owned Zhuhai Huafa issued its first digital corporate bond in Hong Kong. 🏙️

Further south, Malaysia is getting bullish on tokenization with some new policies in the works—same with India, but with corporations leading. Indian mobile network giant Jio Platforms, owned by billionaire Mukesh Ambani, is working with Polygon Labs to upgrade their network with blockchain rails. 🚂

🤖 RWA Goes DeFi?

Remember when Securitize CEO Carlos Domingo said that DeFi integrating RWAs could 10x the market to $50 billion? Well, it’s happening. Coinbase officially enabled USDC-backed loans via Morpho on its platform. Sky (FKA MakerDAO) will also use its subDAO Spark to get $1.1 billion worth of exposure to Ethena’s tokens, further supporting the thesis. 💽

Idle is also launching a private credit vault on Optimism at the same time Tradable is bringing $1.7 billion of new private credit opportunities on-chain, showing tokenized private credit is hitting an inflection point. Swarm and MetaStreet are also teaming up for a gold-backed NFT lending pool, showing that non-fungibles have a powerful place in tokenization. 📇

Let’s hope it's not overshadowed by the massive ONDO token unlock that has some folks worried about a price dump. Even if that happens, Tether and Kraken will still be hard at work as the stablecoin giant uses the Ink L2 for cross-chain USDT0. Same with Phantom, which secured $150 million via its Series C to supercharge the platform. ⚡

🤠 Regulation Roundup and More Movements

Europe is moving again, with progress on digital euro holding limits, finance ministers talking tokenization and DLT settlement, and Boerse Stuttgart securing the first MiCAR license out of Germany. The US is also taking big action, with US Treasury Nominee Scott Bessnet saying “no” to CBDCs and the new SEC chair side-eyeing SAB121. Back across the pond, the UK is fine-tuning its tokenization strategy. That’s twice across the Atlantic in one paragraph. 🚢

Our friends at Oxbridge approved Bitcoin and Ethereum as reserve assets, while Fasanara launched a tokenzied money market fund on Polygon. All the while, Komainu secured $75 million in Bitcoin from Blockstream to expand operations. 💸

⭐ Another Wonderful Week

It’s weeks like these that get us excited about the future of digital asset management.

Things are accelerating faster than ever, and we’re pleased to be your go-to source for information on the future of tokenization.

We’ll keep offering you the best of the best if you keep being amazing. 

See you next week!