NYSE owner ICE taps tZERO for tokenized securities push, takes stake in firm
The deal adds transfer-agent and settlement infrastructure to ICE’s plans for an NYSE-affiliated market for tokenized stocks, tZERO said.
The deal adds transfer-agent and settlement infrastructure to ICE’s plans for an NYSE-affiliated market for tokenized stocks, tZERO said.
When you strip out what was never mobile, correct for who’s holding what and why, add back what works off-contract, the utilization of tokenized assets looks close to 20%, argues Katana’s Matthew Fisher.
The trading infrastructure runs on LayerZero’s Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.
There is already money on the chain for the feature to serve. Onchain data aggregator RWA.xyz tracks about $1.38 billion of distributed real-world assets on XRPL, including $845.7 million of RLUSD. Ondo accounts for another $212.6 million, followed by VERT Capital at $116.1 million and… Read More
BlackRock (BLK), the world’s largest asset manager, is building on its recent expansion of tokenized cash offerings in the U.S. by tapping into a combined $311 billion of assets under management in European money market funds in a sign of the growing appeal of holding… Read More