STO
13 stories
Bank of England Treating Stablecoins as 'New Form of Money', Says Exec
The U.K.’s central bank is “not picking winners” in the debate over tokenized deposits and stablecoins, Sasha Mills said Wednesday.
SEC Approves First Tokenized Treasury STO Under New Registered Offerings Framework
BlackRock's BUIDL-II becomes the first security token to clear the SEC's streamlined registered offering pathway. The document runs 312 pages. The press release runs four lines.
Tokenized Real Estate Platform Propolis Closes $78M Series B Led by a16z
The New York-based startup has quietly built the regulatory scaffolding to fractionalize commercial real estate at scale. The new round is aimed at distribution, not engineering.
Franklin Templeton Migrates $1.2B Tokenized Money Market Fund to Avalanche Subnet
The BENJI share class will settle on a permissioned Avalanche subnet beginning May 1. Franklin says the move cuts operational costs by an estimated 38 basis points annually.
Abu Dhabi's ADGM Approves First Retail-Facing STO Platform in the Gulf
The Financial Services Regulatory Authority granted a full license to Qadar Securities on Monday, clearing the way for the region's first tokenized equity offerings open to non-professional investors.
WisdomTree's WTIP Approval Stalls Over Disclosure Dispute With SEC Staff
A filing expected this week has been pushed back as the SEC's Division of Corporation Finance requests additional language on smart-contract upgrade risks. The firm remains publicly confident.
State Street and Apollo Pilot Tokenized Corporate Bond Issuance on Ethereum
A $240 million private placement was issued as a native ERC-1400 security token, with settlement handled by Securitize. The pilot marks State Street's first fully on-chain corporate debt issuance.
MiCA's STO Framework Takes Full Effect, Opening EU-Wide Retail Tokenized Securities
The passporting regime closes a 19-month transition period on Tuesday. Licensed issuers can now offer tokenized securities across all 27 member states under a single registration.
Japan's FSA Approves First Native Domestic STO Platform on Polygon
Progmat Coin received the country's first full license for tokenized equity issuance on Monday. Mitsubishi UFJ Trust and SBI are the anchor distribution partners.
Nomura Pulls $600M Tokenized REIT STO After Transfer Agent Tech Stack Fails Audit
A pre-launch audit flagged unreconciled on-chain and off-chain cap tables in the transfer agent layer. The offering has been withdrawn, not repriced.
Singapore's Project Guardian Enters Phase Three With Live Retail Pilot
MAS has cleared a controlled retail access tranche for the first time, with DBS and UOB as the inaugural distributors. The pilot is capped at S$150 million.
KKR's First Tokenized Private Equity Fund Closes $1.1B in Subscriptions
The fund, structured as a regulated security token on Avalanche, pulled in demand from family offices and wealth platforms that previously had no access to the asset class.