BNY and Citadel Securities settled a tokenized two-year U.S. Treasury within minutes, then used it for overnight financing. BNY targets 24/7 services in 2027.
The CFTC says futures firms may invest customer funds in tokenized versions of permitted assets and keep blockchain records, subject to existing custody and recordkeeping rules.
Tokenized real-world asset deposits in DeFi rose from $2.3 billion to $7.4 billion in a year, CoinShares and Token Terminal found, even as total DeFi deposits fell about 15%.
BlackRock’s Treasury-backed BUIDL is now available to trade via UniswapX through Securitize, widening the onchain path between tokenized cash products and stablecoin liquidity.
DTCC plans to mint DTC-custodied U.S. Treasuries on Digital Asset’s Canton Network, targeting a 1H 2026 MVP after $3.7 quadrillion processed.