The Hong Kong Monetary Authority completed the second phase of its digital currency pilot in 2025, testing e-HKD and tokenized deposits across 11 financial use cases.

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Nine U.S.-listed companies, including Broadcom, CoreWeave, Verizon, UnitedHealth Group, and Cerebras Systems, filed formal notices objecting to tokenized versions of their stock trading on OKXICE

Computershare requested in an October 2, 2026 comment letter that the SEC allow companies to file standing objections against stock tokenization

Formed in June 2026 and co-chaired by former New York Governor Andrew Cuomo, joint venture OKXICE notified the SEC on October 4, 2026 of plans to offer tokenized stock trading across 63 tickers

AMC Entertainment CEO Adam Aron publicly criticized Robinhood's offshore-issued stock tokens tied to AMC shares in a September 3, 2026 post on X after AMC issued a cease-and-desist demand to the platform

OKXICE intends to launch tokenized stock trading for major companies including Apple, Nvidia, Microsoft, Amazon, Alphabet, Tesla, JPMorgan Chase, and Walmart

Fiber-optic component maker Applied Optoelectronics objected to OKXICE tokenizing its shares, citing concerns over potential investor confusion, lack of shareholder benefit, and unpredictable impacts on stock price, volatility, and liquidity

Robinhood refused a cease-and-desist demand from AMC Entertainment regarding digital stock tokens tied to AMC shares

Traditional commercial banks are developing their own digital currencies, a development welcomed by Circle CEO Jeremy Allaire

Binance's tokenized U.S. equities product, bStocks, reached $1 billion in assets under management on October 15, 2026, roughly four months after its June 11, 2026 launch

Users converted $6 billion worth of shares into and out of Binance's bStocks token form at a one-to-one rate with direct stock positions

Tokenized stock transfers across the market exceeded $100 billion in Q3 2026, representing a 16-fold increase from Q1 2026

On October 16, 2026, rwa.xyz ranked tokenized stock platforms in a $3.5 billion market: Binance's bStocks first ($1.2 billion assets), Ondo Global Markets second ($893.7 million), and xStocks third ($600.4 million)

Deutsche Bank plans to roll out tokenized deposits and assist corporate clients in issuing blockchain-based debt securities such as digital bonds

Standard Chartered extends its wider digital assets business covering custody, trading, and tokenisation through SC Ventures via Zodia Markets and Libeara

The tokenized 2-year U.S. Treasury note transaction between BNY and Citadel Securities settled on BNY's private digital ledger within minutes, bypassing the standard T+1 settlement cycle for U.S. Treasuries

The triparty repo transaction between BNY and Citadel Securities marks the first time tokenized assets have been used in a workflow on a major triparty repo platform

Financial institutions including BlackRock, Franklin Templeton, and JPMorgan are advancing tokenized funds and traditional financial asset securities businesses on blockchain networks.

Citadel Securities purchased a 2-year U.S. Treasury note through Tradeweb, which BNY recorded as a tokenized asset on its private ledger and Citadel then pledged as collateral in an overnight triparty repo to receive cash.

A September 2026 Citi report found that 77% of surveyed financial institutions were considering using tokenized collateral to move assets outside standard settlement hours.

BNY plans to introduce additional digital cash and tokenized deposit capabilities to support institutional settlement and financing.