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HSBC has begun a phased rollout of HSBC RedCoin, its Hong Kong dollar-backed stablecoin, to more than 3.3 million PayMe users and about 100,000 merchants. The bank plans to add tokenized money market fund subscriptions from HK$100 to its mobile banking app before the end of 2026.
Tokenized commodities are moving beyond gold. Oil tokens, silver, copper, and a tokenized oil and gas fund with secured lending point to a wider market, even as Tether Gold and Paxos Gold still account for more than 90% of the roughly $5 billion sector, according to Token Terminal.
CoinDCX has listed Tether Gold (XAUT) for trading and launched a systematic investment plan on the token starting at ₹100. The listing brings the largest tokenized gold product by market cap to Indian investors, with gains falling under India's 30% virtual digital asset tax.
Paxos said the SEC granted its subsidiary PSSC clearing agency registration under Section 17A, making it the first blockchain-native firm approved to settle securities as a U.S. central securities depository. Here is what the milestone means.
According to ARK’s latest disclosure, the ARK Venture Fund (ARKVX) now holds about 3.25% of its assets in Securitize, making the company the fund’s eighth-largest position after major AI players such as xAI and Anthropic.
The new unit consolidates Bybit’s existing institutional teams under one roof. It will be led by Yoyee Wang, a former portfolio manager at the Royal Bank of Canada who most recently headed Bybit’s global treasury.
At the center of this initiative is the upcoming launch of the $MBG token, a utility asset that will serve as the operational backbone of MultiBank’s digital finance platform.
RWA tokenization is increasingly being viewed as a way to democratize access to high-value assets like real estate, commodities, and art, historically dominated by institutional investors.
