Market Intelligence

RedotPay weighs confidential US IPO filing by year-end: Bloomberg

Our summary: Stablecoin payments company RedotPay is considering submitting a confidential US IPO filing by year-end, according to Bloomberg.

JPYC stablecoin falls short of targets in first year, CEO says

Our summary: JPYC's CEO says the stablecoin missed its growth targets during its first year.

Japan's top yen stablecoin falls short of its target in a disappointing first year

Our summary: Japan’s leading yen stablecoin missed its first-year target as corporate adoption lagged.

Over one-third of OKXICE’s tokenized share targets opt out

Our summary: More than a third of the companies targeted by OKXICE for tokenized shares have opted out, highlighting resistance to the initiative.

US regulator flags tokenization risk as Asia pushes digital money

Our summary: The SEC has identified tokenization as a high-risk area for 2027.

Aviva Investors Expands Tokenised Offering

Our summary: Aviva Investors has launched a tokenised share class for its Sterling Liquidity Fund.

Ripple and BNY expand partnership to custody XRP and RLUSD

Our summary: Ripple and BNY are expanding their partnership to provide custody for XRP and the RLUSD stablecoin.

BNY

First European Supranational Issues DLT Bond on Pontes

Our summary: A European supranational has issued a DLT-based bond on Pontes, described as the first such issuance by a European supranational on the platform.

S.Korea crypto tax falters as yen stablecoin, China s e-CNY advance

Our summary: Japan is exploring cross-border stablecoin applications while China expands its e-CNY digital currency.