RWA
SEC Opens Five-Year Conditional Path for Tokenized Stock Trading Venues
The U.S. Securities and Exchange Commission has created a five-year conditional exemption for qualifying tokenized securities venues, allowing them to experiment with public-blockchain trading without immediately registering as national securities exchanges. The framework favors tokens representing real shares and shareholder rights, while imposing access, volume, auditability and issuer-control requirements.
Circle’s Arc Mainnet Launch Pits an Institutional Vision Against a Meme-Driven Reality
Circle’s Arc mainnet was designed around institutional payments, stablecoin settlement and tokenized assets, but its first-day activity was dominated by memecoin trading rather than financial flows. The contrast highlights the gap between launching blockchain infrastructure and building durable institutional usage.
Kamino Names Michael Weisz CEO as Solana Lender Plans New York and RWA Expansion
Solana-based lending protocol Kamino has appointed Yieldstreet co-founder Michael Weisz as chief executive as it prepares to expand its U.S. operations from New York. The company also plans to grow its lending activity around tokenized real-world assets and build closer ties with Wall Street institutions.
Robinhood Chain strengthens Arbitrum’s growth case, but ARB value capture remains unresolved
Standard Chartered sees Robinhood Chain revenue and the potential expansion of real-world asset tokenization as catalysts that could increase Arbitrum’s relevance to traditional finance, and has forecast ARB at $10 by the end of 2030. The report also acknowledges that ARB holders currently have no direct claim on network fees and that Robinhood Chain’s early activity has not been driven primarily by tokenized traditional assets.
Institutions Are Building on Ethereum While Portfolios Still Hold Little ETH
BlackRock, JPMorgan and other financial institutions are advancing Ethereum-related businesses across tokenized funds, stablecoins and settlement infrastructure. Yet the institutions building on the network often maintain little or no ETH exposure, creating a widening gap between blockchain use and asset allocation.
Solana Foundation Chair Says Tokenization Could Make Internet Capital Markets the World’s Largest
Solana Foundation chair Lily Liu argues that tokenization is changing how value is created, owned, financed and transferred. She sees stablecoins, institutional on-chain assets, blockchain infrastructure and AI-driven economic activity converging into a long-term expansion of internet-native capital markets.
Robinhood Chain’s Expanding Asset Ecosystem Tests Where Value Is Really Captured
Analyses of Robinhood Chain point to rapid growth across tokenized equities, launch platforms and stock-paired meme markets. The same activity is also exposing a structural gap between 24/7 on-chain trading, the underlying securities market and the mechanisms that create, redeem and safeguard tokenized assets.
South Korea Sets a Three-Stage Road Map for Tokenized Securities
South Korea plans to begin tokenized securities with private funds, private corporate bonds and unlisted equities after legislation takes effect in 2027. Public securities would follow, while a later phase could introduce stablecoins for on-chain settlement if the country’s stablecoin framework and market infrastructure are ready.
China Brings AI Usage Credits Into Cards, Telecom Plans and Business Lending
Chinese banks, telecom operators and a Guangzhou district are packaging AI tokens or model-use credits into card rewards, monthly service plans and business credit assessments. The developments point to the financialization of AI services, while also underscoring that these tokens are generally usage units rather than automatically tradable crypto-assets.