RWA Tokenization Insights by Particula
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Up to Date Insights on Real-World Asset Tokenization and Institutional Adoption Across All Asset Classes
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✦ Particula to Assign AA Rating to Spiko's $USTBL
The USTBL token represents ownership in the Spiko U.S. T-Bills Money Market Fund, a UCITS-compliant vehicle that invests exclusively in short-term U.S. Treasury bills. The rating reflects positively on the USTBL token’s well-structured product design, robust technical infrastructure, and adherence to regulatory requirements. Full the full report, please follow the link.
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Zoth to Launch RWA Restaking Layer with ZeUSD
Zoth has launched a pre-deposit campaign for ZeUSD, its stablecoin backed by real-world assets like Treasury Bills. ZeUSD aims to democratize access to high-yield, stablecoin investments.
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Ondo to Expand Tokenized U.S. Treasury Offering to XRP Ledger
Ondo Finance has expanded its tokenized U.S. Treasury offering, OUSG, to the XRP Ledger, enabling institutional investors to mint and redeem tokens using Ripple's RLUSD stablecoin.
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Superstate to Expand Beyond Ethereum Network
Superstate has announced to deploy its tokenized securities, USTB and USCC, currently active on the Ethereum blockchain, across multiple networks to enable wider DeFi adoption and is inviting interested Layer 1/Layer 2 networks to collaborate.
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Asset Tokenization - Mastercard and Ava Labs - 01-2025.pdf
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Report: Mastercard & Ava Labs on Asset Tokenization
The report reflects the growing momentum of asset tokenization in Latin America and highlights the potential benefits, including increased efficiency, improved data management, and the creation of new financial products. While regulatory challenges remain, the report emphasizes the importance of early adoption for financial institutions to remain competitive in the evolving financial landscape.
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State-Owned KfW to Issue Another €9 Billion Digital Bonds Using Clearstream’s D7
The German state-owned bank has issued another €9 billion in digital bonds via Clearstream's D7 platform, bringing its total issuances on the platform to €17.5 billion. This issuance, conducted under German law, utilizes the Digital Asset DAML/Canton DLT technology.
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Texture Capital to Join Canton Network to provide DLT Secondary Market
Texture Capital is launching a node on the Canton Network and will offer secondary trading of digital assets through its licensed ATS subsidiary starting in Q1. This follows recent Canton integrations with QCP for tokenized collateral and Circle (via the Hashnote acquisition) for native USDC.
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London Bullion Market to Launch DLT-Based Gold Bar Integrity Database
The LBMA has launched its Gold Bar Integrity (GBI) Database, built on Axedras' Bullion Integrity Ledger using R3 Corda blockchain. The GBI database facilitates faster data processing and automated risk identification, and the digital twins created for gold bars can also support future tokenization efforts, potentially enabling more efficient use of vaulted gold.
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Euroclear, EIB, HSBC to Explore Tokenization Progress & Hurdles
At a Banque de France event on T+1 settlement, tokenization and DLT were key discussion points, with the EIB highlighting interoperability and liquidity challenges for digital bonds. While solutions and demand exist, a unified ledger and wholesale CBDC were identified as crucial for wider adoption.
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Archax to Extend Tokenised RWA Universe to Bring Equities and Government Debt On-chain
The regulated digital asset exchange is expanding its tokenization services to include traditional equities and government debt, starting with UK equities and gilts, and then US instruments.
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Apollo to Unveil $1.2Bn Tokenized Private Credit Fund
The tokenized Apollo credit fund offers investors on-chain access to corporate direct lending and asset-backed lending as well as performing, dislocated and structured credit. Debuting on Solana and Ink, the Apollo token will also be available on Ethereum, Aptos, Avalanche, and Polygon.
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Securitize to Adopt Wormhole to Boost Liquidity for Institutional Tokenized Assets
Securitize has integrated Wormhole's cross-chain messaging protocol to enable seamless transfer of tokenized funds, including Blackrock's BUIDL, across multiple blockchains like Arbitrum, Avalanche, Ethereum, Optimism, and Polygon.
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Tether to Hit $13Bn Profits for 2024 And All-Time Highs in U.S. Treasury Holdings
Tether released its Q4 2024 assurance opinion, highlighting significant growth with $13 billion in net profits, $20 billion in Group equity, and over $113 billion in U.S. Treasury holdings. Tether issued $45 billion in USD₮ during the year, while its reserve buffer exceeded $7 billion.
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Tether to Bring USDt to Bitcoin’s Lightning Network
Tether has announced the integration of USDt into Bitcoin's ecosystem, including both the base layer and the Lightning Network.
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ABN AMRO & 21X to Conduct Onchain Trade of Tokenized Assets Against Stablecoins
Dutch bank ABN AMRO and 21X, a German-regulated blockchain exchange, have successfully completed a proof-of-concept for on-chain trading of tokenized assets against stablecoins on the Polygon Amoy Testnet.
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Report: IMF on Tokenization Benefits and Financial Market Inefficiencies
The paper was released by January 29th by the International Monetary Fund and highlights that increased interlinking between market players is what enables many of the cost and friction reductions, but mainly emphasizes the need for regulatory adaptation.
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Anemoy's LTF to Integrate with Plume Network's Staking Protocol
Centrifuge has partnered with Plume Network to integrate Anemoy's regulated Liquid Treasury Fund (LTF) into Nest, Plume's staking protocol. This collaboration allows users to earn yield on stablecoin deposits by investing in high-quality treasury assets, bridging the gap between TradFi and DeFi.
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Report: ETFs, Layer-2 Growth, and Stablecoins Take Center Stage in 2025
Glassnode & Coinbase have released the latest guide to crypto markets, providing data-driven insights on BTC, Ethereum’s network trends, and stablecoins’ expanding role. Institutional capital flows, stablecoin growth, and Layer-2 adoption are reshaping crypto markets in 2025.
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Kraken to Secures EU MiFID License
Kraken has obtained a Markets in Financial Instruments Directive (MiFID) license in the EU, allowing it to offer regulated derivatives products to advanced traders in selected markets. This strategic move positions Kraken to capitalize on the growing demand for regulated crypto services in Europe and solidifies its commitment to providing a secure and compliant trading environment for its clients.
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Switzerland’s Largest Bank to Test Tokenized Gold Product on Ethereum Layer-2 ZKsync
"UBS Key4 Gold allows for fractional gold investments for retail clients and includes real-time pricing, deep liquidity, secure physical storage, and optional delivery. UBS Key4 Gold is built on the UBS Gold Network, a permissioned blockchain connecting vaults, liquidity providers, and distributors.” According to ZKsync.
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Thailand SEC to Plan Launch of Tokenized Securities Trading System
The Securities and Exchange Commission of Thailand is planning to launch a DLT-based trading platform for securities firms to trade digital tokens. The platform will support both tokenized traditional securities and electronic securities, with a focus on interoperability across multiple blockchains.
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