Tokenisation map
Who's moving into tokenisation?
Institutions tracked by entity and classified by how far they have gone, updated as new public reporting is confirmed by our desk.
Directory
Institutions
Every organisation tracked by entity, with its status and the public reporting behind it.
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Filter by name, initiative, type, region or asset class.
| Organisation | Type | Region | Status | Last verified | Initiatives | Asset classes |
|---|---|---|---|---|---|---|
| 21X | Exchange/FMI | Europe | Live | Not yet verified | First EU DLT Pilot Regime trading & settlement system licence | Securities |
| 360X | Exchange/FMI | Europe | Live | Not yet verified | Deutsche Börse-backed marketplace for tokenised RWA | Multi-asset |
| A&O Shearman | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Aave | DeFi Protocol | Global | Live | Not yet verified | Horizon market for institutional RWA collateral | Treasuries; Credit |
| Aberdeen (abrdn) | Asset Manager | UK | Live | Not yet verified | Tokenised MMF on Archax; tokenised Global Private Markets distribution in HK; Lloyds/Archax collateral trade | MMF; Private markets |
| ABN AMRO | Bank | Europe | Live | Not yet verified | Digital bonds on public blockchain; crypto custody | Bonds |
| Abu Dhabi Securities Exchange | Exchange/FMI | Middle East | Watch | Not yet verified | ||
| Accenture | Consultancy | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| ADDX | Tokenisation Platform | Asia | Live | Not yet verified | MAS-licensed private markets exchange (tokenised funds) | Private equity; Funds |
| ADGM FSRA | Regulator | Middle East | Not yet verified | RWA tokenisation framework | ||
| AFME | Industry Body | Europe | Not yet verified | DLT in capital markets reports | ||
| Agora | Stablecoin Issuer | North America | Live | Not yet verified | AUSD stablecoin (reserves managed by VanEck) | Stablecoins |
| Aktionariat | Tokenisation Platform | Europe | Live | Not yet verified | Tokenised SME shares under Swiss DLT law | Equity |
| Algorand | Blockchain Network | Global | Live | Not yet verified | RWA and payments use cases | Multi-asset |
| Allfunds | Fund Services | Europe | Pilot | Not yet verified | Blockchain fund distribution; crypto offering | Funds |
| Allianz Global Investors | Asset Manager | Europe | Watch | Not yet verified | ||
| AllUnity | Stablecoin Issuer | Europe | Live | Not yet verified | EURAU (DWS, Galaxy, Flow Traders) | Stablecoins |
| AMINA Bank (ex-SEBA) | Bank | Europe | Live | Not yet verified | Crypto bank; custody; tokenisation services | Crypto; Custody |
| Amundi | Asset Manager | Europe | Live | Not yet verified | Tokenised MMF share class (via CACEIS) | MMF |
| Anchorage Digital Bank | Bank | North America | Live | Not yet verified | OCC-chartered digital asset bank; custody; stablecoin issuance infrastructure | Custody; Stablecoins |
| ANZ | Bank | Asia-Pacific | Live | Not yet verified | A$DC stablecoin; ANZ DigiAssets; Project Guardian; cross-border tokenised deposit payment via Swift ledger | Stablecoins; Deposits; Bonds |
| Apex Group | Fund Services | Global | Live | Not yet verified | Owns Tokeny; tokenised fund servicing | Funds |
| Apollo | Asset Manager | North America | Live | Not yet verified | ACRED tokenised diversified credit fund ( Securitize) | Private credit |
| Aptos | Blockchain Network | Global | Live | Not yet verified | BUIDL and Franklin deployments | MMF |
| Arbitrum | Blockchain Network | Global | Live | Not yet verified | Hosts Robinhood Chain (Orbit) and tokenised funds | Multi-asset |
| Arc (Circle) | Blockchain Network | North America | Pilot | Not yet verified | Circle's L1 for stablecoin finance | Stablecoins |
| Archax | Tokenisation Platform | UK | Live | Not yet verified | FCA-regulated digital securities exchange/broker/custodian; Aberdeen MMF; Lloyds deposit trade | Funds; Bonds |
| Ashurst | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| ASIC | Regulator | Asia-Pacific | Not yet verified | Tokenisation policy | ||
| ASX | Exchange/FMI | Asia-Pacific | Exploring | Not yet verified | Post-CHESS DLT reset; tokenisation statements | |
| Avalanche | Blockchain Network | Global | Live | Not yet verified | Institutional subnets; KKR fund; Spruce testnet | Multi-asset |
| AXA Investment Managers | Asset Manager | Europe | Pilot | Not yet verified | Digital/green bond pilots | Bonds |
| B3 | Exchange/FMI | Latin America | Pilot | Not yet verified | Tokenisation & Drex participation | Securities |
| Backed / xStocks | Tokenisation Platform | Europe | Live | Not yet verified | xStocks tokenised equities (Kraken-acquired) | Equities |
| BaFin | Regulator | Europe | Not yet verified | Crypto custody; eWpG | ||
| Bain | Consultancy | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Baker McKenzie | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Banca Sella | Bank | Europe | Pilot | Not yet verified | Qivalis consortium member | Stablecoins |
| Banco Central do Brasil | Central Bank | Latin America | Not yet verified | Drex | ||
| Banco do Brasil | Bank | Latin America | Pilot | Not yet verified | Drex pilot participant | Deposits; Bonds |
| Bank of America | Bank | North America | Exploring | Not yet verified | Publicly discussed bank stablecoin; part of US big-bank joint stablecoin talks | Stablecoins |
| Bank of China (Hong Kong) / BOCI | Bank | Asia | Live | Not yet verified | BOCI tokenised notes; Project Ensemble; HK stablecoin ambitions | Structured notes; Stablecoins |
| Bank of East Asia | Bank | Asia | Pilot | Not yet verified | Project Ensemble participant | Deposits |
| Bank of England | Central Bank | UK | Not yet verified | Systemic stablecoin regime; DSS; synchronisation | ||
| Barclays | Bank | UK | Pilot | Not yet verified | UK Regulated Liability Network experiments; Fnality shareholder; stablecoin infrastructure investments | Deposits; Payments |
| Base (Coinbase) | Blockchain Network | North America | Live | Not yet verified | JPMD deposit token pilot; USDC payments | Deposits; Stablecoins |
| BBVA | Bank | Europe | Live | Not yet verified | Crypto custody/trading (Switzerland, Spain); tokenised bond pilots | Crypto; Bonds |
| BCG | Consultancy | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Binance | Exchange/FMI | Global | Live | Not yet verified | Ceffu custody; accepts BUIDL as collateral; tokenised asset listings | Crypto; Collateral |
| BIS | Intl Body | Global | Not yet verified | Agorá; Innovation Hub | ||
| Bitbond | Tokenisation Platform | Europe | Live | Not yet verified | Token Tool; tokenised bonds | Bonds |
| BitGo | Custodian | North America | Live | Not yet verified | Qualified custody; stablecoin-as-a-service | Custody; Stablecoins |
| Bitpanda | Broker/Fintech | Europe | Live | Not yet verified | White-label crypto for banks (LBBW, Raiffeisen, Deutsche Bank); stock tokens | Crypto; Equities |
| BlackRock | Asset Manager | North America | Live | Not yet verified | BUIDL tokenised fund ( Securitize) on multiple chains; tokenised MMF share classes; iShares crypto ETPs | MMF; Treasuries; Funds |
| Blackstone | Asset Manager | North America | Watch | Not yet verified | No public tokenised product – watch | |
| Blocksquare | Alt-Asset Platform | Europe | Live | Not yet verified | White-label property tokenisation | Real estate |
| BNP Paribas | Bank | Europe | Live | Not yet verified | AssetFoundry (ex-Neobonds) tokenisation platform; Project Guardian; tokenised MMF pilots | Bonds; Funds |
| BNY | Bank | North America | Live | Not yet verified | Digital asset custody; tokenised MMF records with Goldman (LiquidityDirect); reserve custodian for major stablecoins | Funds; Custody; Stablecoin reserves |
| Boerse Stuttgart Digital | Exchange/FMI | Europe | Live | Not yet verified | Crypto brokerage/custody infra for banks; tokenisation | Crypto; Securities |
| BOOSTRY | Tokenisation Platform | Asia | Live | Not yet verified | ibet for Fin security token network (Nomura) | Bonds; Real estate |
| BPCE / Natixis | Bank | Europe | Pilot | Not yet verified | Hexarq crypto subsidiary; retail crypto trading | Crypto |
| Bradesco | Bank | Latin America | Pilot | Not yet verified | Drex pilot participant | Deposits |
| Brickken | Tokenisation Platform | Europe | Live | Not yet verified | Tokenisation SaaS for SMEs/real estate | Equity; Real estate |
| Broadridge | Exchange/FMI | North America | Live | Not yet verified | Distributed Ledger Repo (DLR) on Canton | Repo |
| Brookfield | Asset Manager | North America | Watch | Not yet verified | No public tokenised product – watch | |
| BTG Pactual | Bank | Latin America | Live | Not yet verified | BTG Dol stablecoin; tokenised real estate fund (ReitBZ) | Stablecoins; Real estate |
| Bullish | Exchange/FMI | Global | Live | Not yet verified | Institutional exchange; USDG consortium | Crypto |
| CaixaBank | Bank | Europe | Pilot | Not yet verified | Qivalis consortium member | Stablecoins |
| Calastone | Fund Services | UK | Live | Not yet verified | Tokenised fund distribution infrastructure | Funds |
| Canton Network / Digital Asset | Blockchain Network | North America | Live | Not yet verified | Privacy-enabled network used by Broadridge DLR, banks, Goldman DAP integration | Repo; Bonds; Collateral |
| Carlyle | Asset Manager | North America | Watch | Not yet verified | Watch for tokenised feeder announcements | |
| Cashlink | Tokenisation Platform | Europe | Live | Not yet verified | eWpG crypto securities registrar | Bonds; Funds |
| Cboe | Exchange/FMI | North America | Exploring | Not yet verified | Crypto derivatives; tokenisation statements | Derivatives |
| CBUAE | Central Bank | Middle East | Not yet verified | Payment token regulation; Digital Dirham | ||
| Central Bank of Ireland | Central Bank | Europe | Not yet verified | Fund tokenisation | ||
| Centrifuge | Tokenisation Platform | Europe | Live | Not yet verified | Infrastructure for Janus Henderson Anemoy funds; RWA pools | Treasuries; Credit |
| Chainlink | Data/Oracle | Global | Live | Not yet verified | CCIP; NAV/proof-of-reserve feeds; Swift/DTCC/ Euroclear pilots | Infrastructure |
| Chamber of Digital Commerce | Industry Body | North America | Not yet verified | Token taxonomy / policy | ||
| Charles Schwab | Broker/Fintech | North America | Exploring | Not yet verified | Spot crypto trading plans; tokenisation statements | Crypto |
| ChinaAMC (Hong Kong) | Asset Manager | Asia | Live | Not yet verified | Tokenised retail money market funds in HK | MMF |
| Chronicle | Data/Oracle | Global | Live | Not yet verified | Oracle incl. RWA verification | Infrastructure |
| Circle | Stablecoin Issuer | North America | Live | Not yet verified | USDC, EURC, USYC; Arc L1; listed company | Stablecoins; MMF |
| Citigroup | Bank | North America | Live | Not yet verified | Citi Token Services (tokenised deposits, 24/7 treasury); Project Guardian; Citi GPS tokenisation research | Deposits; Trade finance |
| Clearpool | DeFi Protocol | Global | Live | Not yet verified | Unsecured institutional lending | Credit |
| Clearstream / Deutsche Börse | Exchange/FMI | Europe | Live | Not yet verified | D7 digital post-trade platform; 360X | Bonds; Securities |
| Clearstream Fund Centre | Fund Services | Europe | Pilot | Not yet verified | Tokenised fund distribution pilots | Funds |
| Clifford Chance | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| CME Group | Exchange/FMI | North America | Pilot | Not yet verified | Tokenised cash/collateral with Google Cloud Universal Ledger | Collateral |
| Coinbase | Exchange/FMI | North America | Live | Not yet verified | Coinbase Prime custody; Base L2; USDC partner; tokenised equity plans | Crypto; Stablecoins; Equities |
| Collector Crypt | Alt-Asset Platform | Global | Live | Not yet verified | Tokenised graded trading cards on Solana | Collectibles |
| Commerzbank | Bank | Europe | Live | Not yet verified | Crypto custody licence; corporate crypto trading | Custody |
| Commonwealth Bank of Australia | Bank | Asia-Pacific | Pilot | Not yet verified | Project Acacia tokenised settlement | Deposits |
| Cooley | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Copper | Custodian | UK | Live | Not yet verified | ClearLoop off-exchange settlement | Custody |
| Courtyard | Alt-Asset Platform | North America | Live | Not yet verified | Vaulted, tokenised trading cards/collectibles | Collectibles |
| Crédit Agricole / CACEIS | Bank | Europe | Pilot | Not yet verified | CACEIS crypto custody and tokenised fund servicing | Funds; Custody |
| Cross River Bank | Bank | North America | Live | Not yet verified | Stablecoin and crypto banking infrastructure | Stablecoins |
| CSSF | Regulator | Europe | Not yet verified | Fund tokenisation | ||
| Customers Bank | Bank | North America | Live | Not yet verified | customers bank instant token (CBIT) for 24/7 B2B payments | Deposits |
| Daiwa Securities | Bank | Asia | Live | Not yet verified | Security token offerings (real estate/bonds) | Real estate; Bonds |
| Danske Bank | Bank | Europe | Pilot | Not yet verified | Qivalis consortium member | Stablecoins |
| Davis Polk | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| DBS | Bank | Asia | Live | Not yet verified | DBS Token Services; DBS Digital Exchange; tokenised notes; Project Guardian | Deposits; Bonds; Structured notes |
| DekaBank | Bank | Europe | Live | Not yet verified | Crypto custody/trading; Qivalis member | Custody; Stablecoins |
| Deloitte | Consultancy | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Deutsche Bank | Bank | Europe | Pilot | Not yet verified | Project Guardian (Project DAMA 2); planned crypto custody; Partior; stake via DWS in AllUnity | Funds; Custody; Payments |
| DFSA | Regulator | Middle East | Not yet verified | Tokenisation sandbox | ||
| DigiFT | Tokenisation Platform | Asia | Live | Not yet verified | MAS-regulated on-chain exchange for tokenised funds | Funds |
| Dinari | Tokenisation Platform | North America | Live | Not yet verified | Broker-dealer issuing tokenised US stocks (dShares) | Equities |
| DLA Piper | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Drex (Banco Central do Brasil) | Consortium/Pilot | Latin America | Pilot | Not yet verified | Brazil's tokenised settlement platform pilot | Deposits; Bonds |
| DTCC | Exchange/FMI | North America | Live | Not yet verified | DTCC Digital Launchpad; tokenised collateral; Smart NAV; Project Ion | Collateral; Funds; Equities |
| Dubai Financial Market | Exchange/FMI | Middle East | Watch | Not yet verified | ||
| Dubai Land Department | Sovereign/Public Issuer | Middle East | Live | Not yet verified | Tokenised real-estate title deeds; Prypco Mint | Real estate |
| DWS | Asset Manager | Europe | Live | Not yet verified | AllUnity EURAU euro stablecoin JV (with Galaxy, Flow Traders) | Stablecoins |
| DZ Bank | Bank | Europe | Live | Not yet verified | Crypto trading for cooperative banks; digital securities platform | Crypto; Bonds |
| Early Warning (Zelle) | Payments | North America | Exploring | Not yet verified | Reported vehicle for bank stablecoin | Stablecoins |
| EBA | Regulator | Europe | Not yet verified | MiCA EMT/ART supervision | ||
| ECB | Central Bank | Europe | Not yet verified | Pontes/Appia; digital euro | ||
| Emirates NBD | Bank | Middle East | Live | Not yet verified | Liv X crypto trading; digital asset services | Crypto |
| ERC-3643 Association | Industry Body | Global | Not yet verified | Members list = WATCH seed | ||
| Erste Group | Bank | Europe | Live | Not yet verified | Retail crypto via Bitpanda partnership | Crypto |
| ESMA | Regulator | Europe | Not yet verified | MiCA; DLT Pilot Regime | ||
| Ethena | Stablecoin Issuer | Global | Live | Not yet verified | USDe; USDtb backed by BUIDL | Stablecoins |
| Ethereum | Blockchain Network | Global | Live | Not yet verified | Largest share of tokenised RWA value | Multi-asset |
| eToro | Broker/Fintech | Global | Exploring | Not yet verified | Plans for tokenised stocks; crypto trading | Equities; Crypto |
| EU DLT Pilot Regime | Consortium/Pilot | Europe | Live | Not yet verified | Licensed DLT MTF/SS/TSS operators (e.g. 21X) – list = seed | Securities |
| Euler | DeFi Protocol | Global | Live | Not yet verified | RWA-collateral markets | Credit |
| Euroclear | Exchange/FMI | Europe | Live | Not yet verified | D-FMI digital securities issuance; tokenised collateral | Bonds; Collateral |
| Euronext | Exchange/FMI | Europe | Watch | Not yet verified | Watch for DLT Pilot / tokenisation moves | |
| European Investment Bank | Sovereign/Public Issuer | Europe | Live | Not yet verified | Multiple digital bonds (Project Venus etc.) | Bonds |
| Eurosystem DLT settlement (Pontes / Appia) | Consortium/Pilot | Europe | Pilot | Not yet verified | Central bank money settlement for DLT transactions – 2024 trial participants = seed | Settlement |
| EY | Consultancy | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Fasanara Capital | Asset Manager | UK | Live | Not yet verified | Fasanara Digital – tokenised fund activity (verify) | Private credit |
| FCA | Regulator | UK | Not yet verified | Crypto regime; fund tokenisation guidance; DSS | ||
| FDIC | Regulator | North America | Not yet verified | Bank stablecoin subsidiary applications | ||
| Federal Reserve | Central Bank | North America | Not yet verified | Bank crypto/tokenisation supervision | ||
| Federated Hermes | Asset Manager | North America | Pilot | Not yet verified | Participant in BNY/Goldman tokenised MMF launch | MMF |
| Fidelity International | Asset Manager | UK | Live | Not yet verified | Tokenised MMF share class (with Sygnum/ Chainlink); Project Guardian | MMF |
| Fidelity Investments | Asset Manager | North America | Live | Not yet verified | Fidelity Digital Assets; onchain share class of Fidelity Treasury Digital Fund | MMF; Treasuries; Custody |
| Figure Technology | Tokenisation Platform | North America | Live | Not yet verified | HELOC origination on Provenance; YLDS yield-bearing security; listed company | Credit; Mortgages |
| FINMA | Regulator | Europe | Not yet verified | DLT trading facilities; stablecoin guidance | ||
| Fireblocks | Tokenisation Platform | North America | Live | Not yet verified | Tokenisation engine; custody/wallets for banks; payments network | Infrastructure |
| First Abu Dhabi Bank | Bank | Middle East | Pilot | Not yet verified | AED stablecoin initiative with ADQ and IHC | Stablecoins |
| Fnality | Consortium/Pilot | UK | Live | Not yet verified | Fnality Payment System (sterling) for wholesale settlement | Payments |
| Franklin Templeton | Asset Manager | North America | Live | Not yet verified | Franklin OnChain US Government Money Fund (BENJI); Benji platform | MMF; Treasuries |
| Frax | DeFi Protocol | Global | Live | Not yet verified | frxUSD backed by tokenised treasuries | Stablecoins |
| Freshfields | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| FSA Japan | Regulator | Asia | Not yet verified | Security tokens; stablecoin law | ||
| FSB | Intl Body | Global | Not yet verified | Crypto/stablecoin recommendations | ||
| FSC Korea | Regulator | Asia | Not yet verified | STO legislation | ||
| Galaxy | Asset Manager | North America | Live | Not yet verified | Tokenised own equity; SWEEP fund with State Street; AllUnity stake | Equities; Funds; Stablecoins |
| Gemini | Exchange/FMI | North America | Live | Not yet verified | Tokenised stocks in EU (with Dinari); custody | Equities; Crypto |
| Global Digital Finance | Industry Body | Global | Not yet verified | Industry codes of conduct; member list | ||
| Global Dollar Network (USDG) | Consortium/Pilot | Global | Live | Not yet verified | USDG stablecoin consortium (Paxos, Robinhood, Kraken, Galaxy, Anchorage, Bullish and others) | Stablecoins |
| Goldfinch | DeFi Protocol | Global | Live | Not yet verified | On-chain private credit | Private credit |
| Goldman Sachs | Bank | North America | Live | Not yet verified | GS DAP tokenisation platform (being spun out); tokenised MMF share-class records with BNY | Bonds; Funds; MMF |
| Goldman Sachs Asset Management | Asset Manager | North America | Live | Not yet verified | Tokenised MMF share-class records with BNY | MMF |
| Grove | DeFi Protocol | Global | Live | Not yet verified | Allocations to Janus Henderson JAAA / tokenised credit | Credit |
| GS DAP | Tokenisation Platform | North America | Live | Not yet verified | Goldman's tokenisation platform being spun out as independent entity | Bonds; Funds |
| Hamilton Lane | Asset Manager | North America | Live | Not yet verified | Tokenised feeder funds via Securitize, ADDX and others | Private equity; Private credit |
| Hang Seng Bank | Bank | Asia | Pilot | Not yet verified | Project Ensemble participant | Deposits |
| HashKey Group | Tokenisation Platform | Asia | Live | Not yet verified | Licensed HK exchange; tokenisation services; Project Ensemble | Multi-asset |
| Hashnote (Circle) | Asset Manager | North America | Live | Not yet verified | USYC tokenised MMF (acquired by Circle) | MMF |
| Hedera | Blockchain Network | Global | Live | Not yet verified | Archax/ Aberdeen MMF; governing council of corporates | Funds |
| Herbert Smith Freehills Kramer | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Hex Trust | Custodian | Asia | Live | Not yet verified | Custody; tokenisation services | Custody |
| HKEX | Exchange/FMI | Asia | Pilot | Not yet verified | Synapse settlement platform; tokenisation exploration | Equities |
| HKMA | Central Bank | Asia | Not yet verified | Project Ensemble; stablecoin licensing | ||
| HM Treasury | Regulator | UK | Not yet verified | DIGIT digital gilt; crypto legislation | ||
| Hogan Lovells | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Hong Kong Government | Sovereign/Public Issuer | Asia | Live | Not yet verified | Tokenised green bonds (2023, 2024) | Bonds |
| HSBC | Bank | UK | Live | Not yet verified | HSBC Orion tokenised bonds (selected for UK DIGIT pilot); HSBC Gold Token; Tokenised Deposit Service; Project Ensemble | Bonds; Gold; Deposits |
| HSBC Orion | Tokenisation Platform | UK | Live | Not yet verified | Digital bond platform; DIGIT pilot provider | Bonds |
| ICMA | Industry Body | Global | Not yet verified | Publishes DLT bond tracker – seed for DEALS | ||
| IFSCA | Regulator | Asia | Not yet verified | Tokenisation sandbox | ||
| IMF | Intl Body | Global | Not yet verified | Tokenisation & stablecoin research | ||
| ING | Bank | Europe | Pilot | Not yet verified | Qivalis euro stablecoin consortium founding member | Stablecoins |
| Institute of International Finance | Industry Body | Global | Not yet verified | Convenes Project Agorá private-sector participants | ||
| Interactive Brokers | Broker/Fintech | North America | Live | Not yet verified | Crypto trading; stablecoin account funding | Crypto |
| Intercontinental Exchange (NYSE) | Exchange/FMI | North America | Pilot | Not yet verified | Tokenised stock trading platform filing with OKX; Polymarket stake | Equities |
| Intesa Sanpaolo | Bank | Europe | Live | Not yet verified | Proprietary bitcoin purchase; digital bond trials | Crypto; Bonds |
| Invesco | Asset Manager | North America | Live | Not yet verified | Crypto ETFs with Galaxy; tokenisation statements | ETFs |
| InvestaX | Tokenisation Platform | Asia | Live | Not yet verified | MAS-licensed tokenisation and trading | Funds; Real estate |
| IOSCO | Intl Body | Global | Not yet verified | Tokenisation report | ||
| Itaú Unibanco | Bank | Latin America | Live | Not yet verified | Itaú Digital Assets; tokenised assets; Drex pilot | Bonds; Credit |
| J.P. Morgan Asset Management | Asset Manager | North America | Live | Not yet verified | MONY tokenised money market fund on Ethereum | MMF |
| Janus Henderson | Asset Manager | UK | Live | Not yet verified | Anemoy JTRSY and JAAA tokenised funds ( Centrifuge) | Treasuries; CLOs |
| Japan Exchange Group | Exchange/FMI | Asia | Exploring | Not yet verified | Watch for tokenised securities activity | |
| JPMorgan Chase | Bank | North America | Live | Not yet verified | Kinexys (ex-Onyx) Digital Payments & Digital Assets; JPMD deposit token on Base; Tokenized Collateral Network | Deposits; Repo; MMF collateral |
| Julius Baer | Bank | Europe | Exploring | Not yet verified | Digital asset offering for clients | Crypto |
| Kamino | DeFi Protocol | Global | Live | Not yet verified | Tokenised stock/RWA collateral on Solana | Equities |
| KB Financial | Bank | Asia | Exploring | Not yet verified | STO / won-stablecoin consortia | Security tokens; Stablecoins |
| KBC | Bank | Europe | Pilot | Not yet verified | Qivalis consortium member; retail crypto | Stablecoins |
| Kinesis | Alt-Asset Platform | Global | Live | Not yet verified | Gold/silver-backed tokens | Gold; Silver |
| Kinexys (JPMorgan) | Tokenisation Platform | North America | Live | Not yet verified | JPMorgan's blockchain unit (payments, tokenised collateral, Kinexys Fund Flow) | Deposits; Funds |
| KKR | Asset Manager | North America | Live | Not yet verified | Tokenised Health Care Strategic Growth Fund II on Avalanche ( Securitize) | Private equity |
| Komainu | Custodian | UK | Live | Not yet verified | Nomura-backed regulated custody | Custody |
| Konvi | Alt-Asset Platform | Europe | Live | Not yet verified | Fractional luxury assets incl. whisky (verify) – DEMOCRATIZE comp | Whisky; Watches; Collectibles |
| KPMG | Consultancy | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Kraken | Exchange/FMI | North America | Live | Not yet verified | xStocks tokenised equities; Payward settlement partnerships | Equities; Crypto |
| Laser Digital | Asset Manager | Europe | Live | Not yet verified | Nomura's digital asset arm; tokenised funds | Funds; Crypto |
| Latham & Watkins | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| LBBW | Bank | Europe | Live | Not yet verified | Corporate crypto custody (with Bitpanda) | Custody |
| Legal & General | Asset Manager | UK | Watch | Not yet verified | Watch UK fund tokenisation (IA working group) | |
| Libeara | Tokenisation Platform | Asia | Live | Not yet verified | Standard Chartered-incubated tokenisation platform | Funds; Bonds |
| Linklaters | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Lloyds Banking Group | Bank | UK | Pilot | Not yet verified | Tokenised deposit / gilt transaction with Archax and Aberdeen; tokenisation survey research | Deposits; Gilts |
| Lofty | Alt-Asset Platform | North America | Live | Not yet verified | Fractional tokenised rental properties | Real estate |
| LSEG | Exchange/FMI | UK | Live | Not yet verified | Digital Markets Infrastructure (DMI) for private funds | Funds |
| Luxembourg Stock Exchange | Exchange/FMI | Europe | Live | Not yet verified | Listing of DLT-issued bonds (e.g. EIB) | Bonds |
| M&G | Asset Manager | UK | Watch | Not yet verified | Watch UK fund tokenisation | |
| Mantra | Blockchain Network | Middle East | Live | Not yet verified | RWA chain; Dubai real-estate tokenisation partnerships | Real estate |
| Maple Finance | DeFi Protocol | Global | Live | Not yet verified | syrupUSDC; institutional lending | Private credit |
| Marketnode | Tokenisation Platform | Asia | Live | Not yet verified | Fund tokenisation & digital bonds infrastructure | Funds; Bonds |
| MAS | Regulator | Asia | Not yet verified | Project Guardian; GL1 | ||
| Mashreq | Bank | Middle East | Pilot | Not yet verified | Tokenised payment run with Citi on Swift (reported Oct 2026) | Payments; Deposits |
| Mastercard | Payments | North America | Live | Not yet verified | Multi-Token Network; stablecoin card settlement | Stablecoins; Deposits |
| Masterworks | Alt-Asset Platform | North America | Live | Not yet verified | SEC-qualified fractional art offerings – non-tokenised comparable | Art |
| Matrixdock | Asset Manager | Asia | Live | Not yet verified | STBT tokenised T-bills; XAUm tokenised gold | Treasuries; Gold |
| Mayer Brown | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| McKinsey | Consultancy | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Midas | Asset Manager | Europe | Live | Not yet verified | mTBILL and other tokenised notes | Treasuries |
| Mirae Asset | Asset Manager | Asia | Exploring | Not yet verified | Korea STO consortium activity | Security tokens |
| Mizuho | Bank | Asia | Pilot | Not yet verified | Progmat shareholder; security token and stablecoin pilots | Bonds; Stablecoins |
| MoneyGram | Payments | North America | Live | Not yet verified | Stablecoin cash-in/out (Stellar) | Stablecoins |
| Moody's | Data/Oracle | North America | Pilot | Not yet verified | Digital bond/tokenisation ratings research | Ratings |
| Morgan Stanley | Bank | North America | Exploring | Not yet verified | Crypto trading via E\*Trade; tokenisation statements | Crypto; Equities |
| Morpho | DeFi Protocol | Global | Live | Not yet verified | RWA collateral vaults; bank integrations | Credit |
| MUFG | Bank | Asia | Live | Not yet verified | Progmat platform (security tokens & stablecoins) | Real estate; Bonds; Stablecoins |
| NAB | Bank | Asia-Pacific | Live | Not yet verified | AUDN stablecoin; Project Acacia | Stablecoins |
| Nasdaq | Exchange/FMI | North America | Pilot | Not yet verified | SEC filing to trade tokenised securities | Equities |
| NatWest | Bank | UK | Pilot | Not yet verified | UK RLN tokenised deposit experimentation | Deposits |
| Nomura | Bank | Asia | Live | Not yet verified | Laser Digital; Komainu custody; BOOSTRY (ibet security tokens) | Funds; Bonds; Custody |
| Northern Trust | Bank | North America | Pilot | Not yet verified | Matrix Zero digital asset platform; tokenised carbon credits (Northern Trust Carbon Ecosystem) | Funds; Carbon |
| Norton Rose Fulbright | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| NYDFS | Regulator | North America | Not yet verified | BitLicense; trust charters | ||
| Obligate | Tokenisation Platform | Europe | Live | Not yet verified | On-chain bonds/commercial paper | Bonds |
| OCBC | Bank | Asia | Pilot | Not yet verified | Tokenisation pilots; Project Guardian ecosystem | Bonds |
| OCC | Regulator | North America | Not yet verified | National trust charters for crypto firms (currently litigated by community banks) | ||
| OKX | Exchange/FMI | Global | Pilot | Not yet verified | Filed with ICE/ NYSE parent for tokenised US stock trading platform | Equities; Crypto |
| Oliver Wyman | Consultancy | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Ondo Finance | Tokenisation Platform | North America | Live | Not yet verified | OUSG, USDY; Ondo Global Markets tokenised stocks; tokenised private-company exposure notes | Treasuries; Equities |
| OpenEden | Asset Manager | Asia | Live | Not yet verified | TBILL vault; USDO yield-bearing stablecoin | Treasuries; Stablecoins |
| Osaka Digital Exchange | Exchange/FMI | Asia | Live | Not yet verified | START security token secondary market | Security tokens |
| OSL | Tokenisation Platform | Asia | Live | Not yet verified | Licensed HK exchange; stablecoin/tokenisation services | Crypto; Stablecoins |
| Partior | Consortium/Pilot | Asia | Live | Not yet verified | Unified-ledger clearing/settlement ( JPMorgan, DBS, StanChart, Deutsche Bank) | Payments |
| Partners Group | Asset Manager | Europe | Watch | Not yet verified | Watch for tokenised feeder announcements | |
| Paxos | Stablecoin Issuer | North America | Live | Not yet verified | PAXG gold; issuer for PYUSD and USDG | Stablecoins; Gold |
| PayPal | Payments | North America | Live | Not yet verified | PYUSD stablecoin | Stablecoins |
| Pendle | DeFi Protocol | Global | Live | Not yet verified | Yield markets incl. RWA-backed assets | Yield |
| PIMCO | Asset Manager | North America | Watch | Not yet verified | No public product – watch filings | |
| Plume Network | Blockchain Network | North America | Live | Not yet verified | RWA-focused chain; ecosystem of tokenised credit/commodities | Multi-asset |
| Polygon | Blockchain Network | Global | Live | Not yet verified | Payments & RWA (e.g. bonds, funds) | Multi-asset |
| Polymesh | Blockchain Network | Europe | Live | Not yet verified | Purpose-built chain for regulated securities | Securities |
| PostFinance | Bank | Europe | Live | Not yet verified | Retail crypto trading/custody | Crypto |
| Progmat | Tokenisation Platform | Asia | Live | Not yet verified | Security token & stablecoin platform (MUFG-led consortium) | Real estate; Bonds; Stablecoins |
| Project Acacia (RBA) | Consortium/Pilot | Asia-Pacific | Pilot | Not yet verified | Australian wholesale tokenised asset market trials | Settlement |
| Project Agorá | Consortium/Pilot | Global | Pilot | Not yet verified | Tokenised correspondent banking (IIF convenes private firms) – member list = WATCH seed | Deposits; Payments |
| Project Ensemble (HKMA) | Consortium/Pilot | Asia | Pilot | Not yet verified | Tokenised deposits & RWA settlement sandbox – participant list = WATCH seed | Deposits; Multi-asset |
| Project Guardian (MAS) | Consortium/Pilot | Asia | Pilot | Not yet verified | Asset tokenisation pilots incl. funds, FX, fixed income – member list = WATCH seed | Multi-asset |
| Project Helvetia (SNB) | Consortium/Pilot | Europe | Live | Not yet verified | wCBDC settlement of tokenised assets | Bonds |
| Project mBridge | Consortium/Pilot | Asia | Live | Not yet verified | Central bank multi-CBDC platform ( BIS exited 2024) | Payments |
| Propy | Alt-Asset Platform | North America | Live | Not yet verified | On-chain property title/escrow | Real estate |
| Provenance Blockchain | Blockchain Network | North America | Live | Not yet verified | Chain behind Figure's loans and funds | Credit |
| Prypco | Alt-Asset Platform | Middle East | Live | Not yet verified | Prypco Mint – DLD-linked tokenised property | Real estate |
| PwC | Consultancy | UK | Exploring | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | |
| Pyth Network | Data/Oracle | Global | Live | Not yet verified | Market data oracle (incl. equities) | Infrastructure |
| Qivalis | Consortium/Pilot | Europe | Pilot | Not yet verified | MiCA euro stablecoin – expanded to 37 banks (2026); member list = seed | Stablecoins |
| R3 / Corda | Blockchain Network | UK | Live | Not yet verified | Corda behind SDX, HQLAx and bank networks | Bonds; Collateral |
| Raiffeisen Bank International | Bank | Europe | Live | Not yet verified | Retail crypto trading via Bitpanda; Qivalis member | Crypto; Stablecoins |
| RBA | Central Bank | Asia-Pacific | Not yet verified | Project Acacia | ||
| RBC | Bank | North America | Exploring | Not yet verified | Digital asset statements | Crypto |
| RealT | Alt-Asset Platform | North America | Live | Not yet verified | Tokenised US rental properties | Real estate |
| RedStone | Data/Oracle | Global | Live | Not yet verified | Oracles for tokenised funds (e.g. BUIDL, ACRED) | Infrastructure |
| RedSwan CRE | Alt-Asset Platform | North America | Live | Not yet verified | Tokenised commercial real estate | Real estate |
| Regulated Liability Network (UK/US) | Consortium/Pilot | UK | Pilot | Not yet verified | Tokenised commercial bank money experiments | Deposits |
| Republic | Tokenisation Platform | North America | Live | Not yet verified | Tokenised private-company exposure; acquired INX | Private equity; Equities |
| Revolut | Broker/Fintech | UK | Live | Not yet verified | Crypto trading; stablecoin plans | Crypto; Stablecoins |
| Robinhood | Broker/Fintech | North America | Live | Not yet verified | Stock tokens for EU users; Robinhood Chain; USDG consortium | Equities; Stablecoins |
| Robinhood Chain | Blockchain Network | North America | Live | Not yet verified | Arbitrum-based chain for tokenised stocks | Equities |
| S&P Global | Data/Oracle | North America | Live | Not yet verified | Stablecoin stability assessments; vault risk assessments for digital asset markets | Ratings |
| SAMA | Central Bank | Middle East | Not yet verified | mBridge; fintech | ||
| Santander | Bank | Europe | Live | Not yet verified | Early end-to-end blockchain bond (2019); Openbank crypto trading | Bonds; Crypto |
| SBI Holdings | Bank | Asia | Live | Not yet verified | SBI Digital Markets; Osaka Digital Exchange; SBI VC Trade (USDC in Japan) | Security tokens; Stablecoins |
| Schroders | Asset Manager | UK | Pilot | Not yet verified | Project Guardian tokenised fund pilots | Funds |
| SEB | Bank | Europe | Pilot | Not yet verified | Qivalis consortium member | Stablecoins |
| SEC Nigeria | Regulator | Africa | Not yet verified | Digital asset rules | ||
| SEC Thailand | Regulator | Asia | Not yet verified | Investment tokens | ||
| Securitize | Tokenisation Platform | North America | Live | Not yet verified | Tokeniser for BUIDL, ACRED, VBILL, KKR, Hamilton Lane; SEC-registered TA/broker-dealer/ATS | Funds; Private credit; Treasuries |
| SFC Hong Kong | Regulator | Asia | Not yet verified | Tokenised products; VATP licensing | ||
| SGX Group | Exchange/FMI | Asia | Live | Not yet verified | Marketnode JV; digital bonds | Bonds |
| Shinhan Financial | Bank | Asia | Exploring | Not yet verified | STO / won-stablecoin consortia | Security tokens; Stablecoins |
| Shopify | Payments | North America | Live | Not yet verified | USDC merchant payments | Stablecoins |
| Sidley Austin | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Siemens | Corporate Issuer | Europe | Live | Not yet verified | Digital bonds under German eWpG (2023, 2024) | Bonds |
| SIFMA | Industry Body | North America | Not yet verified | Tokenisation policy positions | ||
| Simmons & Simmons | Law Firm | UK | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| SIX Digital Exchange (SDX) | Exchange/FMI | Europe | Live | Not yet verified | Regulated DLT exchange/CSD; Project Helvetia digital bonds | Bonds |
| Sky (MakerDAO) | DeFi Protocol | Global | Live | Not yet verified | USDS/DAI with large RWA allocations via Spark and Grove | Treasuries; Credit |
| SMBC / SMFG | Bank | Asia | Pilot | Not yet verified | Yen stablecoin exploration with Avalanche/ Fireblocks/TIS | Stablecoins |
| SNB | Central Bank | Europe | Not yet verified | Project Helvetia | ||
| Société Générale (SG-FORGE) | Bank | Europe | Live | Not yet verified | SG-FORGE EURCV & USDCV stablecoins; digital bonds on public chains | Stablecoins; Bonds |
| Solana | Blockchain Network | Global | Live | Not yet verified | Tokenised stocks, SWEEP fund, Solana DvP settlement programme | Multi-asset |
| Spark | DeFi Protocol | Global | Live | Not yet verified | Allocates stablecoin reserves into tokenised treasuries | Treasuries |
| Spiko | Asset Manager | Europe | Live | Not yet verified | EU tokenised T-bill funds (EUTBL, USTBL) | Treasuries |
| Splint Invest | Alt-Asset Platform | Europe | Live | Not yet verified | Fractional wine, whisky, art, watches (verify tokenisation model) – DEMOCRATIZE comp | Wine; Whisky; Art; Watches |
| Standard Bank Group | Bank | Africa | Exploring | Not yet verified | Digital asset statements; SA crypto regulation engagement | Crypto |
| Standard Chartered | Bank | UK | Live | Not yet verified | Libeara tokenisation platform; Zodia Custody & Zodia Markets; HK stablecoin JV; institutional crypto trading | Funds; Bonds; Stablecoins; Custody |
| State Street | Bank | North America | Live | Not yet verified | SWEEP tokenised liquidity fund with Galaxy on Solana; digital asset custody build | Funds; Custody |
| State Street Global Advisors | Asset Manager | North America | Live | Not yet verified | SWEEP tokenised liquidity fund (with Galaxy) | MMF |
| Stellar | Blockchain Network | Global | Live | Not yet verified | Franklin BENJI; stablecoins; US Bancorp tests | MMF; Stablecoins |
| Stripe | Payments | North America | Live | Not yet verified | Bridge stablecoin orchestration; Tempo chain | Stablecoins |
| Sullivan & Cromwell | Law Firm | North America | Not yet verified | Publishes tokenisation/digital-asset analysis; advises issuers | ||
| Sumitomo Mitsui Trust | Bank | Asia | Live | Not yet verified | Real estate security tokens | Real estate |
| Superstate | Asset Manager | North America | Live | Not yet verified | USTB, USCC funds; Opening Bell tokenised equity issuance | Treasuries; Equities |
| Swarm Markets | Tokenisation Platform | Europe | Live | Not yet verified | BaFin-licensed tokenised stocks/bonds | Equities; Bonds |
| Swift | Exchange/FMI | Global | Pilot | Not yet verified | Blockchain shared ledger; tokenised deposit cross-border payments (e.g. ANZ) | Payments; Deposits |
| Swiss Confederation | Sovereign/Public Issuer | Europe | Pilot | Not yet verified | Digital Confederation bond pilot on SDX (Helvetia) | Bonds |
| Sygnum Bank | Bank | Europe | Live | Not yet verified | Regulated digital asset bank; tokenisation (Desygnate); tokenised fund partner | Funds; Custody; Crypto |
| T. Rowe Price | Asset Manager | North America | Watch | Not yet verified | Digital asset statements | |
| Taurus | Tokenisation Platform | Europe | Live | Not yet verified | Custody/tokenisation tech for banks ( State Street, Deutsche Bank partnerships) | Custody; Securities |
| Tel Aviv Stock Exchange | Exchange/FMI | Middle East | Pilot | Not yet verified | Project Eden digital bond pilot | Bonds |
| Tempo (Stripe/Paradigm) | Blockchain Network | North America | Pilot | Not yet verified | Stablecoin payments L1 incubated by Stripe & Paradigm | Stablecoins |
| Tether | Stablecoin Issuer | Global | Live | Not yet verified | USDT; XAUT tokenised gold | Stablecoins; Gold |
| Texture Capital | Tokenisation Platform | North America | Live | Not yet verified | Digital securities ATS | Securities |
| The Investment Association | Industry Body | UK | Not yet verified | Fund tokenisation working group (UK blueprint) | ||
| Tokenized Asset Coalition | Industry Body | Global | Not yet verified | Weekly aggregator + research; direct competitor to an aggregator product | ||
| Tokeny (Apex Group) | Tokenisation Platform | Europe | Live | Not yet verified | ERC-3643 permissioned token platform; owned by Apex Group | Funds; Securities |
| tZERO | Tokenisation Platform | North America | Live | Not yet verified | Digital securities ATS and custody | Securities |
| U.S. Bancorp | Bank | North America | Pilot | Not yet verified | Restarted crypto custody; stablecoin testing on Stellar | Stablecoins; Custody |
| UBS | Bank | Europe | Live | Not yet verified | UBS Tokenize; uMINT tokenised MMF on Ethereum; Project Helvetia; Project Guardian | Funds; Bonds; Structured products |
| UBS Asset Management | Asset Manager | Europe | Live | Not yet verified | uMINT tokenised USD MMF | MMF |
| UK Debt Management Office / HM Treasury | Sovereign/Public Issuer | UK | Pilot | Not yet verified | Digital gilt (DIGIT) pilot – HSBC Orion selected; issuance targeted by early 2027 | Gilts |
| UK Digital Securities Sandbox | Consortium/Pilot | UK | Pilot | Not yet verified | Live sandbox for DLT market infrastructure – participants = WATCH seed | Securities |
| UK Finance | Industry Body | UK | Not yet verified | UK RLN; tokenised deposits work | ||
| UniCredit | Bank | Europe | Pilot | Not yet verified | Qivalis founding member; ECB DLT settlement trials | Stablecoins; Bonds |
| Union Investment | Asset Manager | Europe | Exploring | Not yet verified | Crypto fund allocation statements | Crypto |
| Uniswap | DeFi Protocol | Global | Live | Not yet verified | v4 hooks for permissioned/RWA pools | Multi-asset |
| UOB | Bank | Asia | Pilot | Not yet verified | Project Guardian participant; tokenised bond pilots | Bonds |
| US CFTC | Regulator | North America | Not yet verified | Tokenised collateral initiative | ||
| US SEC | Regulator | North America | Not yet verified | Project Crypto; tokenisation exemptions/no-action letters; Crypto Task Force | ||
| US Treasury | Regulator | North America | Not yet verified | GENIUS Act stablecoin implementation | ||
| Usual | DeFi Protocol | Global | Live | Not yet verified | USD0 backed by tokenised T-bills | Stablecoins |
| VanEck | Asset Manager | North America | Live | Not yet verified | VBILL tokenised treasury fund ( Securitize) | Treasuries |
| Vanguard | Asset Manager | North America | Watch | Not yet verified | Historically sceptical; platform access to crypto ETFs | |
| VARA | Regulator | Middle East | Not yet verified | RWA issuance rulebook | ||
| Vertalo | Tokenisation Platform | North America | Live | Not yet verified | Digital transfer agent & cap table | Securities |
| Vint | Alt-Asset Platform | North America | Live | Not yet verified | SEC Reg A+ wine & whiskey collections – non-tokenised comparable | Wine; Whisky |
| Visa | Payments | North America | Live | Not yet verified | Stablecoin settlement; Visa Tokenized Asset Platform (VTAP) | Stablecoins |
| Wellington Management | Asset Manager | North America | Live | Not yet verified | On-chain ultra-short treasury fund | Treasuries |
| Wells Fargo | Bank | North America | Exploring | Not yet verified | Reported in US bank joint-stablecoin talks; tokenised deposit discussions | Stablecoins; Deposits |
| Western Union | Payments | North America | Pilot | Not yet verified | USDPT stablecoin plans | Stablecoins |
| Westpac | Bank | Asia-Pacific | Pilot | Not yet verified | Project Acacia participant | Deposits |
| WisdomTree | Asset Manager | North America | Live | Not yet verified | WisdomTree Prime & Connect; tokenised funds (e.g. WTGXX) | MMF; Treasuries; Equities |
| World Bank | Sovereign/Public Issuer | Global | Live | Not yet verified | Digital bonds (bond-i; Euroclear D-FMI) | Bonds |
| World Liberty Financial | Stablecoin Issuer | North America | Live | Not yet verified | USD1 stablecoin | Stablecoins |
| XRP Ledger / Ripple | Blockchain Network | North America | Live | Not yet verified | RLUSD stablecoin; Ripple Custody (ex-Metaco); Ripple Prime (ex-Hidden Road) | Stablecoins; Custody |
| ZA Bank | Bank | Asia | Live | Not yet verified | Banking for stablecoin reserves; retail crypto trading | Stablecoin reserves; Crypto |
| ZKsync | Blockchain Network | Global | Live | Not yet verified | Institutional chains (e.g. tokenised fund pilots) | Funds |
| Zodia Custody | Custodian | UK | Live | Not yet verified | Standard Chartered-backed institutional custody | Custody |
| Zoniqx | Tokenisation Platform | North America | Live | Not yet verified | Tokenisation tech (DyCIST); Hedera/real estate partners | Real estate; Funds |
| Zürcher Kantonalbank | Bank | Europe | Live | Not yet verified | Crypto trading/custody for clients; SDX digital bond participant | Crypto; Bonds |
Every status is based on public reporting. A verified date is shown only where a person has recorded a review; otherwise “Not yet verified”.
Real filings
Tokenisation activity in regulatory filings
0 SEC filings from 0 filers that mention tokenised funds, securities, treasuries, deposits or real-world assets — refreshed daily from EDGAR. Matched filers link to their map entry.
| Filed | Filer | Form | Mentions | Document |
|---|---|---|---|---|
| No filings match. | ||||
Source: U.S. Securities and Exchange Commission, EDGAR full-text search. A mention in a filing is not confirmation of a live product — open the document for context.
Sourced tokenisation deals
Deals extracted from news and approved by our desk — no illustrative figures.
No approved deals yet — proposals appear here once reviewed.
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