A pivotal week for digital assets unfolded with several major developments:
- The White House released its Digital Asset Report, outlining positions on crypto legislation
- SEC Chair Paul Atkins launched Project Crypto to modernize securities regulation
- JPMorgan Chase formed a strategic partnership with Coinbase, enabling direct bank-to-wallet connections
- Coinbase announced plans for an Everything Exchange featuring tokenized assets, stocks, and derivatives
These initiatives aim to position America as a leader in digital finance, with regulatory frameworks being modernized for blockchain technology. The changes signal a shift toward mainstream adoption of tokenized assets.
Ondo Tokenized Stocks Expand to ZIGChain for EMEA and South Asia Markets

Ondo's tokenized stocks and ETFs are integrating with ZIGChain, bringing expanded access to global assets across EMEA and South Asia regions. **Recent Developments:** - Ondo tokenized stocks will soon serve as collateral on OndoPerps - Integration with Sentora on Euler Finance enables stocks to function as productive capital - BNB Chain has emerged as a leading platform for tokenized stocks **BNB Chain Growth Metrics:** - $5B+ cumulative trading volume since October launch - 55% TVL increase in the past month - Ondo Global Markets surpassed $1B in total TVL - Top assets include CRCLon, MUon, and IVVon The expansion demonstrates growing utility for tokenized equities as they move beyond simple trading instruments to become collateral and productive capital across multiple DeFi protocols.
JPMorgan, Citi, and 12+ Banks Plan Tokenized Deposit Network by 2027
**Major banks advance tokenization infrastructure** JPMorgan, Citi, Bank of America, Wells Fargo, and over 12 other banks are developing a tokenized deposit network targeting launch in H1 2027. The initiative represents a coordinated effort by traditional finance to build blockchain-based payment rails. **Payment networks adopt stablecoins** Mastercard announced stablecoin integration for card settlement, enabling intraday and weekend transactions across eight blockchains and six regulated stablecoins. This extends settlement windows beyond traditional banking hours. **Real-world assets move onchain** - Goldman Sachs launched a blockchain-native real estate fund on its GS DAP platform - Citi Institute projects tokenized RWA market growth from $17B to $5.5T by 2030 - Ondo Finance will enable tokenized stocks as collateral on its perps platform launching June 9 These developments show established financial institutions building production systems for tokenized assets rather than conducting pilots.
Tokenized Equities Hit $3.57B Daily Volume as RWA Market Crosses $34B
**Tokenized equities reached a record $3.57 billion in daily trading volume**, marking a significant milestone in institutional adoption of onchain markets. **Key developments:** - Tokenized real-world assets (RWAs) surpassed $34B in total value with over 815,000 holders - Tokenized U.S. Treasuries lead the category at $15B - Solana's RWA ecosystem grew 43% in Q1 2026 to $2B, driven by tokenized stocks, ETFs, and commodities **Institutional expansion:** - [Franklin Templeton partnered with DigiFT](https://www.ledgerinsights.com/franklin-templeton-taps-digift-to-distribute-benji-tokenized-mmf-in-asia/) to bring its BENJI money market fund to Asian investors - [SocGen and flatexDEGIRO joined Seturion](https://www.ledgerinsights.com/socgen-partners-boerse-stuttgart-settlement-platform-seturion-for-tokenization/), Boerse Stuttgart's tokenized securities platform, opening access to 3.5M retail investors across 16 European countries The data shows traditional finance institutions are building infrastructure for tokenized assets across multiple regions and asset classes.
USDY Enables Gas-Free Peer-to-Peer Transfers on Sui Network
Ondo Finance has implemented a significant upgrade for USDY on Sui Network. **Peer-to-peer USDY transfers on Sui now require no gas fees**, marking a notable development in tokenized treasury infrastructure. **Key Details:** - Gas-free P2P transfers for $USDY on Sui Network - Aims to reduce transaction costs for users - Part of broader effort to improve financial infrastructure accessibility This follows USDY's January 2026 launch on Sei Network, where it brought tokenized U.S. Treasury exposure to another high-performance blockchain. USDY represents one of the largest tokenized U.S. Treasuries by total value locked. The gas-free transfer feature addresses a common friction point in blockchain transactions, potentially making USDY more practical for everyday financial operations.
U.S. Awards $2B to Quantum Companies Now Tokenized on Ondo
The Trump administration has allocated **$2 billion** to quantum computing companies through a grant program that includes equity stakes. Several recipients are already available as tokenized stocks on Ondo Global Markets: - **IBM** (IBMon) - **Rigetti** (RGTIon) - **D-Wave** (QBTSon) This strategic investment positions the U.S. in the global quantum computing race. **Tokenized versions** of these stocks make it possible for international investors to access the same opportunities the U.S. government is backing.