
SEC Cancelled Its Reg Crypto Meeting Without Setting a New Date
The White House warned the proposal could disrupt CLARITY Act negotiations, and SIFMA lobbied against the parallel tokenisation exemption that was due to launch alongside it.
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The White House warned the proposal could disrupt CLARITY Act negotiations, and SIFMA lobbied against the parallel tokenisation exemption that was due to launch alongside it.

NUVA, co-developed by Animoca Brands and Nuva Labs, has linked $19 billion of Figure Technologies' tokenised assets — including a $18.4 billion HELOC portfolio — to Ethereum DeFi through two new products: nvYLDS and nvPRIME.

NYSE Texas filed Rule 7.39 with the SEC on May 5 to allow tokenised versions of Russell 1000 stocks and major-index ETFs to trade alongside their traditional shares. The exchange used a procedural shortcut that made the rule effective on filing.

Crypto exchange Bullish announced a $4.2 billion deal on May 5 to acquire shareholder-services giant Equiniti from Siris Capital, structured as $1.85 billion in assumed debt and $2.35 billion in stock. The strategic logic only works if tokenised securities actually arrive on schedule.

Robinhood's crypto trading revenue collapsed 47 per cent year-on-year to $134 million in Q1, but CEO Vlad Tenev used the earnings call to reframe the entire business around tokenisation and a new public testnet of Robinhood Chain.

Coinbase Asset Management opened a stablecoin-linked institutional credit fund on Thursday, with investors able to hold their shares either through traditional channels or as tokens minted on Ethereum, Solana or Base via Superstate's FundOS platform.

State Street said it will deliver tokenised fund servicing from Luxembourg by the end of 2026, extending administration, custody and transfer agency to digitally native funds and bringing the world's second-largest custodian into direct competition with BNY Mellon and JPMorgan on-chain.

Brussels published a policy paper framing distributed ledger technology as the foundation of an 'internet of value' and confirmed that Pontes, the Eurosystem's DLT settlement platform, will go live in the third quarter of 2026 — making Europe the first major jurisdiction to offer central bank-settled tokenised asset trading.

The Ministry of Economy and Finance will pilot blockchain-based deposit tokens for government procurement in Sejong City during Q4, part of a broader plan to digitise a quarter of all treasury fund executions by 2030.

The tokenised Treasury market has grown 37-fold since early 2023, with Circle's USYC fund now leading BlackRock's BUIDL by $250 million as institutional demand outpaces stablecoin growth in absolute terms for the first time.

HSBC's Global Payments Solutions unit has completed a pilot issuing and settling tokenised deposits on the Canton Network, marking the bank's first use of a public blockchain for the service.

The exchange has integrated PreStocks' tokenised exposure to SpaceX, OpenAI, Anthropic, Anduril, Kalshi and Polymarket into a new Markets tab in the Web3 Wallet — though holders receive no voting, dividend or information rights, and the feature is blocked to US users.

The Layer-1 blockchain, built by former Ant Group engineers and backed by Sumitomo Corporation and Chainlink, is betting that tokenised real-world assets need purpose-built rails rather than retrofitted smart contract platforms.