RWA - Page 6

Between 22 and 24 September six Canadian banks began exploring a CAD tokenised-deposit network, The Clearing House picked Quant for a US network due in the first half of 2027, and IBM connected its Digital Asset Haven to Swift's shared ledger in beta. Banks are building shared rails for bank money on ledgers, and most of it is still at the pilot stage.

In one month UK authorities named collateral mobility as tokenisation's near-term prize and asked about tokenised gold, CFTC staff updated their FAQs on tokenised customer-fund investments, ESMA proposed an optional EU "28th regime" for tokenised securities, and an ICE–OKX venture published a notice under the SEC's Innovation Exemption. What is rule, what is guidance and what is only a proposal.

In one month the Eurosystem launched Pontes to settle tokenised assets in central bank money, Hong Kong priced about HK$20 billion of digital green bonds with tokenised-deposit settlement, and India issued ₹1,025 crore of tokenised corporate bonds settled in wholesale e₹. What each step is, and what is still only planned.

The IMF says tokenised assets are about $65bn and pose limited systemic risk today, but 24/7 trading and automatic liquidations could spread stress faster. Korea plans a tokenised government bond pilot. Spiko raises $90m for tokenised cash funds, OSL tokenises a professional-only stablecoin strategy fund, and Stove's share tokens reach UniswapX.

Kazakhstan’s central bank signs an exploratory MoU with Tether; Binance accepts four tokenised securities as margin collateral at a 50% ratio; GSR commits $100m to Hare’s onchain vaults; Orca and Loopscale merge as Formation. What is confirmed, what is only planned, and what each step does not prove.

On 6 October 2026 Securitize and LG CNS signed an MoU to explore tokenised funds, stocks and stablecoin infrastructure for Korean financial institutions, as Korea’s FSC advances tokenised-securities rules aimed at February 2027.

On 6 October 2026 Ondo Finance announced Ondo Private Markets—tokenised notes linked to a private company’s per-share value at a liquidity event, starting with an unnamed pre-IPO AI firm. Notes are issuer obligations for non-U.S. persons only.

On 6 October 2026 OCBC said it is the first bank to work with Ant International on tokenised deposits, enabling 24/7 SGD and USD treasury moves between Singapore and Malaysia via WhaleRTP—company-reported.

On 6 October 2026 Singapore-licensed DigiFT said it listed tokenised interests in a Fidelity-managed U.S. Treasury money market fund for institutional and accredited investors. The release does not name the fund or chain.

On 7 October 2026 the Cardano Foundation said CIP-0113 is live on Cardano mainnet after independent security audits, enabling ledger-enforced KYC, sanctions, freeze-and-seize and transfer rules on native tokens—no hard fork.