Tokenization
Latest news, analysis, and updates on Tokenization from A47 News.
14 stories in Crypto · Updated live

Aviva Investors Tokenizes Sterling Liquidity Fund Share Class on XRP Ledger With £50 Million Seed
Aviva Investors launched a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger on October 26, 2026, seeded with £50 million of its own capital in partnership with Ripple. The launch follows a July 2026 USD Liquidity Fund tokenization and uses a digital twin model with non-transferable Multi-Purpose Tokens, letting eligible institutional investors hold on-chain representations while the fund's off-chain structure, custody and regulatory protections remain unchanged. The move signals continued expansion of regulated money market fund tokenization in Europe, reinforced by BNY's subsequent custody support for XRP and RLUSD, and points toward further extension of existing UCITS funds onto public blockchain rails.
33 Corporates Object to OKXICE Tokenized Stock Venue Under SEC Innovation Exemption
On October 27-28, 2026, 33 of 62 proposed issuers, including JPMorgan Chase, Adobe, and Dell Technologies, formally objected to inclusion in the OKXICE tokenized stock trading venue operated by OKX and Intercontinental Exchange. The objections were triggered by concerns over third-party tokenization of their shares using automated market makers and stablecoin settlement under the SEC's temporary Innovation Exemption, with the 30-day opt-out window driving rapid escalation from nine objections on October 15 to 33 by October 27. The roster of the venue is now significantly reduced, and the scale of corporate pushback, representing roughly $17 trillion in combined market value, may force changes to future iterations of the SEC exemption or prompt competing platforms to adopt issuer-consent models.

BlackRock SBI Holdings and Startale Sign Exploratory MOU to Link Tokenized Money Market Funds with Yen Stablecoin JPYSC
On October 27, 2026, BlackRock Financial Management, BlackRock Japan, SBI Holdings and Startale Group signed a non-binding memorandum of understanding to explore integrating tokenized money market funds with the yen-denominated stablecoin JPYSC. The move follows the June 2026 launch of JPYSC and Japan's amendment of its Payment Services Act, which created a legal framework for stablecoins but left gaps in infrastructure and distribution channels. The parties aim to assess technology requirements, business models and regulatory conditions, with the longer-term objective of expanding onchain financial infrastructure in Japan and internationally.

HSBC Launches RedCoin Hong Kong Dollar Stablecoin Via PayMe to 3.3 Million Users
On October 23, 2026, HSBC launched RedCoin (RCHKD), a Hong Kong dollar-denominated stablecoin, integrating it into the PayMe app for over 3.3 million users to enable peer-to-peer transfers and payments at more than 100,000 merchants. The launch follows HKMA's April 2026 issuer license under Hong Kong's Stablecoins Ordinance, positioning a major traditional bank as a direct participant in regulated stablecoin issuance. This sets the stage for HSBC's planned expansion into its mobile banking app, tokenized investment products, and corporate and institutional applications later in 2026.

Latest Stories
33 Corporates Object to OKXICE Tokenized Stock Venue Under SEC Innovation Exemption
On October 27-28, 2026, 33 of 62 proposed issuers, including JPMorgan Chase, Adobe, and Dell Technologies, formally objected to inclusion in the OKXICE tokenized stock trading venue operated by OKX and Intercontinental Exchange. The objections were triggered by concerns over third-party tokenization of their shares using automated market makers and stablecoin settlement under the SEC's temporary Innovation Exemption, with the 30-day opt-out window driving rapid escalation from nine objections on October 15 to 33 by October 27. The roster of the venue is now significantly reduced, and the scale of corporate pushback, representing roughly $17 trillion in combined market value, may force changes to future iterations of the SEC exemption or prompt competing platforms to adopt issuer-consent models.
Aviva Investors Tokenizes Sterling Liquidity Fund Share Class on XRP Ledger With £50 Million Seed
Aviva Investors launched a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger on October 26, 2026, seeded with £50 million of its own capital in partnership with Ripple. The launch follows a July 2026 USD Liquidity Fund tokenization and uses a digital twin model with non-transferable Multi-Purpose Tokens, letting eligible institutional investors hold on-chain representations while the fund's off-chain structure, custody and regulatory protections remain unchanged. The move signals continued expansion of regulated money market fund tokenization in Europe, reinforced by BNY's subsequent custody support for XRP and RLUSD, and points toward further extension of existing UCITS funds onto public blockchain rails.
DTCC Activates Tokenization Service for DTC-Custodied Securities with 20 Institutional Participants
On October 28, 2026, the Depository Trust Company launched the DTCC Tokenization Service, enabling eligible participants to mint blockchain-based digital twins of custodied securities that retain original ownership rights and investor protections. The launch follows a December 2025 SEC no-action letter and over a year of industry working group input, with 20 signed participants including major banks, asset managers, and clearing firms covering 34 eligible securities worth approximately $30 trillion. The service is live on the Canton Network and DTCC's private Besu network, with Stellar integration targeted for the first half of 2027 and further participant onboarding planned on a rolling basis to expand liquidity and collateral mobility in traditional securities markets.
BlackRock SBI Holdings and Startale Sign Exploratory MOU to Link Tokenized Money Market Funds with Yen Stablecoin JPYSC
On October 27, 2026, BlackRock Financial Management, BlackRock Japan, SBI Holdings and Startale Group signed a non-binding memorandum of understanding to explore integrating tokenized money market funds with the yen-denominated stablecoin JPYSC. The move follows the June 2026 launch of JPYSC and Japan's amendment of its Payment Services Act, which created a legal framework for stablecoins but left gaps in infrastructure and distribution channels. The parties aim to assess technology requirements, business models and regulatory conditions, with the longer-term objective of expanding onchain financial infrastructure in Japan and internationally.