Regulators Taking Steps
Hong Kong has allowed crypto margin trading and perpetual contracts. For now, only Bitcoin and Ethereum can be used as collateral, and it’s limited to professional investors.
2️⃣ New Tools in the Market
CME Group is planning its own token that can be used as collateral on decentralized networks. This means tokens from big, trusted financial institutions may carry more weight.
3️⃣ Tokenization is Growing
Multiliquid and Metalayer Ventures launched a system on Solana to instantly redeem tokenized real-world assets into stablecoins. Big funds like VanEck, Janus Henderson, and Fasanara are already participating.
4️⃣ Easier Access for Institutions
Robinhood is testing Ethereum L2 on Arbitrum to support tokenized stocks and DeFi. Franklin Templeton partnered with Binance to allow tokenized money market funds to be used as off-exchange collateral.
5️⃣ China Tightens Control
China banned unapproved Renminbi-pegged stablecoins and RWA issuance, affecting both domestic and foreign players.
6️⃣ Adoption is Uneven
Tokenized commodities reached $6.1B, growing 53% in 6 weeks! Some countries are enabling leverage and tokenization, while others restrict it. Traditional finance is still moving on-chain via derivatives, custody, and L2 solutions.
🌐 Crypto adoption is moving fast, but every country has its own pace and approach.
