The Security Token Show

Tune in to this episode of the Security Token Show where this week Herwig Konings, Jason Barraza, and guest contributor Amr Adawi from MetaWealth cover the industry leading headlines and market movements, including how RWA vaults are taking off, MetaWealth preparing to introduce staking, and more RWA news! This week Jason also had the opportunity to interview Chase Ergen from DeFi Technologies which just listed on the Nasdaq (DEFT) this past Monday. Chase shares on their approach to building the Kenya Digital Exchange (KDX), their Valour Asset Management plans to launch new ETPs in various markets, and more.   Company of the Week - Herwig: VanEck   The Market Movements Kinexys by J.P.Morgan and Ondo Finance Transact OUSG, Interoperability Through Chainlink: https://blog.ondo.finance/ondo-chain-jpmorgan-kinexys-chainlink/   VanEck’s Coming Onchain with VBILL on Securitize: https://www.coindesk.com/business/2025/05/13/asset-manager-vaneck-joins-tokenization-race-with-us-treasury-fund-token   U.S. SEC’s Crypto Task Force Roundtable, Considers Conditional Tokenization Exemption: https://www.ledgerinsights.com/tokenizations-trillion-dollar-promise-wall-street-leaders-make-their-case-to-the-sec/ https://www.jdsupra.com/legalnews/u-s-sec-considers-conditional-exemption-3658048/    PREH $100M Real Estate Fund Launches on Chintai with Institutional Backers: https://cointelegraph.com/news/us-real-estate-manager-launches-tokenized-fund-institutional-backing The Token Debrief Ondo Finance and PayPal Partner to Power 24/7 Conversions: OUSG/PYUSD: https://blog.ondo.finance/ondo-finance-launches-24-7-conversions-between-ousg-and-paypal-usd-pyusd/   Anchorage Digital Announces Plan to Acquire Mountain Protocol ($USDM): https://www.anchorage.com/insights/anchorage-digital-acquire-mountain-protocol-to-accelerate-institutional-adoption-of-stablecoins   MPact Capital Announces RIA Launch, Targeting Real-World Impact: https://www.einpresswire.com/article/810891246/mpact-capital-launches-sec-registered-ria-to-bridge-digital-assets-and-real-world-impact-investing   Intain and KSD Capital to Launch Marketplace for Community Banks and Originators: https://www.businesswire.com/news/home/20250513738507/en/KSD-Capital-and-Intain-Partner-to-Build-an-Efficient-Marketplace-for-High-Quality-Originators-and-Community-Banks   Global Dollar Network Adds 19 New Members for Their USDG Stablecoin: https://www.theblock.co/post/353947/global-dollar-network-new-members-solana-usdg-stablecoin   Polymath Acquires Polymesh Assets: https://polymesh.network/blog/acquisition-of-polymesh-assets-by-polymath   96 Companies Apply to Trial Dubai New DSFA Tokenization Sandbox: https://coinedition.com/big-buzz-in-dubai-96-companies-rush-for-dfsas-new-tokenization-sandbox/ Securitize Launches sToken Vault on Euler on AVAX for BUIDL: https://securitize.io/learn/blog/Securitizes-sToken-Vault-Technology-Unlocks-DeFi-Utility-with-BlackRocks-BUIDL   deRWA Token Vaults by Centrifuge Launch, First DeFi Protocol TBA: https://centrifuge.mirror.xyz/384RiqUvGfsxgnpY6arJDMAl3oi6diqukgSDt0B4FQE   China’s Largest Broker Launches RWAs in Hong Kong: https://www.ledgerinsights.com/hong-kong-arm-of-chinas-largest-broker-to-launch-tokenized-securities/   Tether Introduces Tokenized Gold on Thailand’s Digital Asset Market, Maxbit: https://tether.io/news/tether-gold-xaut-launches-on-maxbit-introducing-tokenized-gold-to-thailands-digital-asset-market/   Great Eagle Gold Corp. is Expanding its Tokenization-ready Mineral Portfolio: https://www.tipranks.com/news/company-announcements/great-eagle-gold-corp-launches-private-placement-to-boost-tokenization-portfolio   Uzbekistan Explores HUMO Token Backed by Sovereign Bonds to Accelerate Digital Finance Integration: https://blockchainreporter.net/uzbekistan-pilots-humo-token-backed-by-sovereign-bonds-to-accelerate-digital-finance-integration/   Particula Updates Rating for Anemoy’s JTRSY from A+ to AA+: https://particula.io/particula-rating-update-anemoy-jtrsy-may-2025/   Fed’s NYIC and BIS Innovation Hub Prepare for Tokenization Through Project Pine: https://www.ledgerinsights.com/central-banks-prepare-for-a-tokenized-future/   Meta Looks into Stablecoin Integration in Ecosystem: https://cryptodnes.bg/en/meta-eyes-stablecoin-integration-as-crypto-goes-mainstream/   STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz   ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:04 Market Movements 31:21 STS Interviews: DeFi Technologies 43:24 Token Debrief 50:43 RWA Foundation Weekly Update 52:27 Companies of The Week

Tune into this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, Nico Pantelis, and guest contributor Dr. Bob Murphy from infineo cover the industry leading headlines and market movements, including how tokenized stocks are taking off, IP tokenization, and more RWA news! This week Jason Barraza had the opportunity to interview Jerald David (JD) from Arca Labs and Alan Konevsky from tZERO to talk about their new Lynq Network, Crypto.com joining as their latest launch partner, and what it means for the industry. JD and Alan also share one more surprise launch partner! Dinari’s CEO Gabriel Otte also came on for an interview around their recent $12.7M Series A round, how they’ll be expanding, insights on where there’s demand for tokenized US stocks, arbitrage opportunities, and more. Company of the Week - Herwig: Beyond, Inc. Company of the Week - Kyle: Permuto Capital  The Market Movements 1. GENIUS Act Did NOT Pass! 2. Securitize Receives Investment from Jump Crypto: https://news.bitcoin.com/jump-crypto-takes-strategic-stake-in-securitize-to-bolster-blockchain-finance/  3. Beyond to Close Overstock IP Token RegCF Early: https://investors.beyond.com/news-events/press-releases/news-details/2025/Beyond-Inc--Announces-the-Early-Closing-Date-of-the-Overstock-O-Digital-Asset-Security-Offering-on-the-tZERO-Platform/default.aspx  4. Beyond Doubles Down With Second Offering: buybuy BABY IP Token: https://investors.beyond.com/news-events/press-releases/news-details/2025/Beyond-Inc--Announces-the-Launch-of-the-BABY-Digital-Asset-Security-Offering-on-the-tZERO-Platform/default.aspx 5. Robinhood to Tokenize American Stocks for Europe: https://crypto.news/robinhood-plans-tokenized-u-s-stocks-for-european-investors-report/  6. US Treasury’s TBAC Releases Report on Stablecoins and Interest: https://www.ledgerinsights.com/us-treasury-report-on-stablecoins-mulls-upside-of-offering-interest/   7. Stripe Expands Stablecoin Accounts to 100+ Countries: https://cointelegraph.com/news/stripe-announces-stablecoin-financial-accounts  The Token Debrief 1. Inveniam Acquires Data Company Tractiv for Private Markets AI: https://www.inveniam.io/resources/inveniam-acquires-tractiv-to-enhance-enterprise-grade-ai-technology-for-private-markets 2. BVNK Receives Investment from Visa as Stablecoins Heat Up: https://www.forbes.com/sites/danielwebber/2025/05/06/visa-invests-in-bvnk-in-powerful-validation-of-stablecoins-future/   3. Colb Asset Raises 7.3M Seed Extension: https://crypto.news/colb-asset-raises-fresh-funds-to-bring-pre-ipo-equities-on-chain/   4. Superstate Announces Tokenized Equities Platform “Opening Bell”, SOL Strategies to Offer First Token: https://superstate.com/blog/superstate-reveals-opening-bell-public-equities-onchain  5. RedSwan to Tokenize Altus Opportunity Fund on Hedera 6. Permuto Capital Amends S-1 Filing to Tokenize MSFT: https://blockchain.news/flashnews/s-1-filing-for-tokenized-msft-stock-major-step-for-crypto-equity-integration  7. Project Ensemble by HKMA Sees Northern Trust Join Carbon Credits Pilot: https://techbullion.com/northern-trust-joins-project-ensemble-to-pilot-tokenized-carbon-credits/  8. Citi to Partner with SDX as Custodian and Tokenization Engine: https://www.citigroup.com/global/news/press-release/2025/citi-and-sdx-join-forces-to-unlock-access-to-tokenized-private-market-assets-for-global-issuers-and-investors   9. New Kyrgyzstan Gold-backed USDKG Planned for Q3 Launch: https://coinedition.com/kyrgyzstan-to-launch-gold-backed-usd-pegged-stablecoin-usdkg-by-q3-2025/  10. Deutsche Borse Integrates FX Platform into Digital Exchange: https://www.ledgerinsights.com/deutsche-borses-360t-unveils-3dx-digital-exchange-for-crypto/  11. Onchain Risk Detection: Tether’s Hadron and Chainalysis: https://tether.io/news/hadron-by-tether-integrates-chainalysis-sets-new-standard-for-compliant-tokenization/  12. Kinexys by J.P.Morgan Works with MIT to Explore Token Standards Banks: https://www.ledgerinsights.com/standards-for-bank-tokens-proposed-by-kinexys-by-jp-morgan-mit/  13. Kinexys Digital Payments Expands to MENA, Supporting 8 Banks in Region: https://www.theblock.co/post/352722/jpmorgans-blockchain-unit-mena-expansion  14. ECB Launches Innovation Platform for Euro CDBC with 70 Organizations: https://www.ledgerinsights.com/70-organizations-join-ecbs-digital-euro-innovation-platform/  15. Malaysia’s Securities Commission Introduces RWA Regulatory Framework: https://www.ledgerinsights.com/sc-malaysia-proposes-plans-for-tokenized-capital-market-products/  16. Custodia Teams Up With Vantage for Onchain Cross-Border Deposits: https://www.ledgerinsights.com/custodia-vantage-enable-cross-border-tokenized-deposits-on-ethereum/  ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:07 Market Movements 29:30 STS Interviews: Lynq Network 36:52 Token Debrief 47:47 STS Interviews: Dinari 57:26 Companies of The Week

Tune in to this episode of the Security Token Show where this week Herwig Konings and Kyle Sonlin cover the industry leading headlines and market movements, including RWA DeFi vaults, venture funding coming back, and more RWA news! Company of the Week - Herwig: Particula Company of the Week - Kyle: KfW  The Market Movements 1. Circle Rejects Ripple’s $5B Acquisition Offer, New $20B Offer Reported: https://cointelegraph.com/news/ripple-circle-bid-rejected-bloomberg  https://x.com/Cointelegraph/status/1918261724224098651  2. BlackRock Files to Tokenize $150B Treasury Trust Fund with BNY Mellon: https://www.coindesk.com/markets/2025/04/30/sec-filing-shows-blackrock-preparing-150-billion-tokenized-treasury-trust-offering  3. Particula Closes $5.5M Raise and Moves to USA: https://particula.io/particula-raises-5m-funding-round/  4. Dinari Raises $12.7M Series A led by Hack VC and Blockchange Ventures: https://dinari.com/blog/12m-series-a-equities-onchain  5. Tether Attestation Report: More than 7.7 Tons of Gold Backing XAUT: https://crypto.news/tether-holds-more-than-7-7-tons-of-gold-backing-its-xaut-token/  6. MetaWealth Now Registered in Lithuania as VASP: https://thepaypers.com/online-mobile-banking/metawealth-gains-a-virtual-asset-service-provider-licence-in-lithuania--1273351  7. Sony’s Soneium and Plume Partner for Onchain Staking and Yield Opportunities: https://www.techinasia.com/news/sonys-blockchain-plume-partner-tokenized-yields  The Token Debrief 1. Calastone Announces Fireblocks as Infrastructure Partner for Fund Tokenization: https://financefeeds.com/calastone-partners-with-fireblocks-to-launch-fund-tokenization-platform/   2. Centrifuge Introduces RWA Launchpad: https://centrifuge.mirror.xyz/Ujcfp4flrFUGxLUEXiDlwZH1ZCfLmh4HMdXI1CUP-XQ  3. ERC3643 Association Announces Interoperable DvP Proof of Concept: https://www.linkedin.com/posts/erc3643_erc3643-activity-7323571899043659776-aPCX 4. Goldman Sachs to Expand Crypto Trading and Explore Crypto Lending & Asset Tokenization: https://www.coinspeaker.com/goldman-sachs-eyes-expansion-in-crypto-trading/  5. Nairobi Securities Exchange (NSE) and DeFi Technologies Create Kenya Digital Exchange: https://coingeek.com/kenya-prepares-tokenizing-rwas-on-homegrown-exchange/   6. Securitize and Gauntlet Use Morpho to Launch Vault for Apollo’s ACRED: https://securitize.io/learn/press/securitize-and-gauntlet-launch-levered-rwa-strategy-on-apollo-diversified-credit-securitize-fund  7. Libre to Bring Institutions to TON with $500M Telegram Bond Fund ($TBF): https://www.librecapital.com/insights/libre-and-ton-foundation-launch-500m-telegram-bond-fund-tbf-on-ton-blockchain  8. Hilbert Group Announces Tokenized Bitcoin Yield Offering on Rebranded Syntetika Platform: https://finance.yahoo.com/news/hilbert-group-announces-launch-tokenized-082000090.html  9. KfW Moves from Issuer to Investor, Invests €10M in Berlin Hyp’s €100M Covered Bond: https://www.kfw.de/About-KfW/Newsroom/Latest-News/Pressemitteilungen-Details_848192.html  10. Wormhole to Provide Interoperability for Mercado Bitcoin’s $200M Pipeline and Invests in Offering: https://www.tronweekly.com/mercado-bitcoin-partners-with-wormhole/  11. MultiBank to Tokenize $3B of MAG’s UAE Real Estate on Mavryk: https://cointelegraph.com/news/multibank-mag-mavryk-3b-rwa-tokenization-launch  12. Liquid Noble Adds More Utility to $LGAU Tokenized Gold: https://coingeek.com/liquid-noble-revamps-for-improved-tokenized-bullion-trading/  13. Solana Policy Institute, Superstate, and Orca Submit Proposal for Project Open: US Equities on Public Blockchains https://www.linkedin.com/posts/solana-policy-institute_project-open-wireframe-blueprint-4282025-activity-7323417793951895553-e_W0 14. Pakistan Approves First Tokenized Gold Solution under Fasset’s Sandbox License: https://www.urdupoint.com/en/technology/fasset-secures-sandbox-license-to-launch-paki-1971443.html 15. Argentinian Regulator Presents Tokenization Framework: https://invezz.com/news/2025/04/27/latam-crypto-news-itau-to-invest-210m-in-bitcoin-and-argentinas-cnv-to-present-new-tokenization-regime/ 16. World Federation of Exchanges Releases Report on CBDC Impact on Tokenization: https://www.ledgerinsights.com/world-federation-of-exchanges-explore-cbdc-for-tokenization/ 17. Deloitte Predicts 25% of Cross-Border Payments Delivered Onchain by 2030, $50B in Savings: https://fintechmagazine.com/articles/deloitte-tokenised-networks-to-reshape-global-payments   = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin /   Herwig: https://www.linkedin.com/in/herwigkonings/  Opinion articles, interviews, and more: https://medium.com/security-token-group   Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/@stmtvofficial     STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:05 Market Movements 14:14 RWA Foundation Update 15:04  Token Debrief 26:04 Companies of The Week

Tune in to this episode of the Security Token Show where this week Herwig Konings and Kyle Sonlin cover the industry leading headlines and market movements, including a debrief on TokenizeThis, the Lynq Network launch, more RWA news! Company of the Week - Herwig: SOL Strategies Company of the Week - Kyle: Lynq    The Market Movements Arca Labs, tZERO, and Tassat Launch Lynq Yield-Bearing Settlement Network: https://www.businesswire.com/news/home/20250422495825/en/Digital-Asset-Industry-Leaders-to-Launch-Lynq-a-Real-Time-Yield-Bearing-Settlement-Network-for-Institutional-Clients   Vera Capital Plans to Tokenize $1B of US Real Estate Using Blocksquare: https://cointelegraph.com/news/blocksquare-vera-capital-ink-deal-tokenize-1-billion-us-real-estate   SoftBank Launches Interstellar Payments Solution on SoftBank Chain: https://thepaypers.com/cryptocurrencies/softbank-chain-launches-interstellar-to-improve-web3-payments--1273221   Circle Introduces Payments Network: https://www.businesswire.com/news/home/20250421041939/en/Circle-Announces-Payments-Network-to-Transform-Global-Money-Movement   BIS, World Bank, and SNB Tokenize Promissory Notes in Project Promissa POC: https://www.ledgerinsights.com/bis-world-bank-snb-complete-tokenized-promissory-note-poc/   SOL Strategies Issues $500M Tokenized Note for Staking Yield via Maple Finance: https://www.cryptoninjas.net/news/sol-strategies-launches-500m-tokenized-note-to-increase-solana-staking-yields/   Ondo Finance Meets with the SEC Working Group, Proposes Structure for Tokenized Securities: https://crypto.news/sec-meets-with-ondo-finance-to-discuss-tokenizing-us-securities/   ING Plans Stablecoin Issuance with Partners: https://www.coindesk.com/business/2025/04/22/dutch-bank-ing-said-to-be-working-on-a-new-stablecoin-with-other-tradfi-and-crypto-firms The Token Debrief Paul S. Atkins Sworn In as SEC Chairman: https://www.sec.gov/newsroom/press-releases/2025-68   US SEC and El Salvador CNAD Explore Cross Border Tokenization: https://cryptoslate.com/us-sec-and-el-salvadors-cnad-explore-tokenization-with-cross-border-trials/   Central Banks Embrace Tokenization at IMF Spring Meeting: https://www.ledgerinsights.com/imf-event-central-bankers-give-rallying-cry-for-tokenization/ VARA Warns False Claims of Pilot Involvement for Tokenization Sandbox: https://www.coindesk.com/policy/2025/04/24/dubai-s-vara-warns-of-firms-falsely-claiming-to-be-part-of-real-estate-tokenization-pilot   Prime Minister of Malaysia Meets CZ to Promote Tokenization: https://www.binance.com/en/square/post/04-23-2025-cz-23291186181401   LCX Announces Tokenization Framework Starting with Gold, Silver, and Platinum Tokens: https://www.lcx.com/a-new-era-begins-lcx-introduces-end-to-end-tokenization-framework-featuring-lcx-gold-lcxg-lcx-silver-lcxs-and-lcx-platinum-lcxp/   Polygon and Psyse Tokenize EV Fleets in Dubai, Expected to Expand To India: https://decrypt.co/315889/polygon-and-pyse-bring-tokenized-ev-fleets-to-dubai-eye-india-expansion   Mantle Launches Institutional Crypto Index Fund on Securitize: Mantle Index 4: https://securitize.io/learn/press/Securitize-and-Mantle-Launch-Institutional-Crypto-Fund-Mantle-Index-Four-MI4   Brickken Launches New Enterprise White-Label Solution: https://cointelegraph.com/press-releases/brickken-launches-enterprise-grade-solutions-to-meet-rising-demand-for-rwa-tokenization   Securitize Japan and NTT Data to Leverage Tokenization for Bond Issuer/Investor Visibility: https://www.ledgerinsights.com/securitize-japan-launches-digital-securities-platform-with-ntt-data/   Saison Capital, BRI Ventures and Coinvestasi Launch RWA Startup Accelerator in Indonesia: https://dailyhodl.com/2025/04/24/saison-capital-bri-ventures-and-coinvestasi-launches-tokenize-indonesia-a-rwa-startup-accelerator/   Deloitte Predicts Tokenized Real Estate to Reach $4T by 2035: https://www.coindesk.com/markets/2025/04/24/global-tokenized-real-estate-market-could-explode-to-usd4t-by-2035-deloitte-forecasts   CFA Institute Releases Report on Tokenization’s Impact for Traditional Assets: https://rpc.cfainstitute.org/research/reports/2025/investment-perspective-tokenization    = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin /   Herwig: https://www.linkedin.com/in/herwigkonings/  Opinion articles, interviews, and more: https://medium.com/security-token-group   Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/@stmtvofficial     STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz   ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 3:37 Special Announcement from STM.co  4:26 Market Movements 22:15 RWA Foundation Update 24:56 Token Debrief 35:23 Companies of The Week

Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, and special guest Emanuele Rossi from Mountain Protocol cover the industry leading headlines and market movements, including $1B in tokenized stocks, Moody's downgrading TBILL, & more RWA news! This week Jason Barraza had a chance to sit with Ken Burrows from KINLUX and talk about tokenizing vacation destinations, their current RegCF raise, what it means to securitize the business along with the asset, and future plans!   Company of the Week - Herwig: Taurus Company of the Week - Kyle: Dinari   The Market Movements 1. Ripple Acquires Hidden Road for $1.25B   2. Dinari and Fasset’s Own Partner to Tokenize $1B in Tokenized Stocks   3. Moody’s Publishes Fund Tokenization Analysis and Downgrades a Tokenized Fund Rating   4. Plume Receives Investment from Apollo, Announces Support for Matrixdock’s XAUm   The Token Debrief 1. Taurus Launches Interbank Network: Taurus-NETWORK   2. Euroclear Joins Project Ensemble to Develop Interoperability Industry Standards   3. BlackRock Taps Anchorage Digital for Crypto Custody and RWA Tokenization   4. Chainlink to Verify Reserves & Provide Interoperability for Libre Capital Funds   5. Standard Chartered and OKX Explore “Mirrored Collateral” Starting with BENJI   6. SEI Using Ctrl Alt Taps Bank of England’s Digital Securities Sandbox   7. New Token Offering by Hydra X Marks First on Canton Network   8. MANTRA to Invest $108M in RWA Projects via Ecosystem Fund   9. Centrifuge to Use Wormhole for Centrifuge V3’s Multichain Support   10. M^0 Expands Support to Solana; Announces KAST Neobank as First Client   11. Dubai Land Department to Link Real Estate Registry with Tokenized Assets   12. Zodor to Launch Tokenization Platform and Token on April 15th   13. E-State Global to Launch EST Tokens on International Platform   14. KINLUX to Tokenize Vacation Rentals   15. Ripple Undershoots STM’s Prediction; Only Estimates $18T RWAs by 2033   16. Ledger Insights Breaks Down Broadridge and Fnality’s Partnership   ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:09 Market Movements 26:05 STS Interviews: KINLUX 33:32 RWA Foundation Update 34:40 Token Debrief 47:05 Companies of The Week   TokenizeThis 2025: https://summit.stm.co/ STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9 More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz

Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, and special guests Yuval Rooz from Digital Asset/ Canton Network, Phillip Falcone & Sharon Knoller from DigiX, and Nico Pantelis from Blue Bay Ventures cover the industry leading headlines and market movements, including acquisitions, token offerings, collateral mobility, & more in the RWA space! This week Jason Barraza had a chance to sit with Simon Keefe from Calastone and talk about their new Calastone Tokenised Distribution platform, how they’re connecting legacy systems, fund tokenization savings, and more! Jason also got to chat with Ed Nwokedi from RedSwan CRE on their latest real estate report, diving into predictions, how tokenized real estate is affecting family offices, different regions and more! Company of the Week - Herwig: DTCC Company of the Week - Kyle: Nonco The Market Movements 1. tZERO and DigiX Partner to Tokenize Non-US Assets 2. Flowdesk Joins Canton Network for Collateral and Margin Management 3. Republic to Acquire INX for ~$60 Million 4. DTCC Announces Collateral Management Platform 5. PwC Predicts $317B Tokenized Market Cap by 2028 The Token Debrief 1. Archax Expands to America through Globacap Acquisition 2. HashSphere on Hedera by Hashgraph to Launch in Q3 as Private Blockchain for TradFi 3. WisdomTree Expands 13 Funds Now on Ethereum, Arbitrum, Avalanche, Base & Optimism 4. Miami-based Nonco is Tokenizing the FX Markets for Non-USD Currencies Using Avalanche 5. Capital Trust Group Launches $50B AgriTech Tokenized Bond Offering  6. Bitshopp Launches Tokenization Platform with $1M in Bond Volume on Day 1 7. El Salvador Real Estate Group Tokenizes $20M+ in Local Warehouses 8. Sumitomo Mitsui to Launch Stablecoin on Avalanche via SMBC in 2026 9. Serenity and MTA Partner to Tokenize Real Estate, Targeting Crypto Audience 10. WhiteRock Explains How They Use Nasdaq Data with Chainlink to Power Their Platform 11. BOOSTRY Launches Japanese Tokenization Market Report 12. Larry Fink Continues Endorsement Train for Tokenization in BlackRock’s Annual Letter 13. Vlad Tenev, CEO of Robinhood, Says Tokenization Will Boost US Company Dominance 14. Kraken Co-CEO Predicts Tokenized Equities Will Surpass Stablecoins: TokenizeThis 2025: https://summit.stm.co/ STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:06 STS Interviews: Calastone 10:15 Market Movements 45:03 RWA Foundation Update 46:35 STS Interviews: RedSwan CRE 55:26 Token Debrief 1:02:39 Companies of The Week

Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, and special guest Ryan Kirkley from Global Settlement Network cover the industry leading headlines and market movements, including BlackRock, WhiteRock, World Liberty RWA Updates & more weekly news! Company of the Week - Herwig: World Liberty Financial Company of the Week - Kyle: Fidelity Investments The Market Movements 1. Fidelity Enters the Yieldcoin Race Through Filing 2. Bosera and HashKey to Launch Tokenized USD and HKD Money Market ETFs 3. BlackRock’s BUIDL on Securitize Expands to Solana, to Cross $2B Soon 4. ICE (Owner of NYSE) Signs MOU with Circle to Explore UDSC/ USYC Applications 5. US Stablecoins Forge Onward with Wyoming Stablecoin and World Liberty Financial 6. SEC Crypto Task Force Plans 4 New Roundtable Meetings; SEC Drops Case Against Crypto.com & Settles With Galaxy 7. CME Group Exploring Tokenization Using DLT Platform by Google The Token Debrief 1. WhiteRock Launches on XRP Ledger with $71M in Tokenized Stocks, Bonds, and Commodities 2. DigiFT Announces Plans for Access to Tokenized Fund Backed by AI Stocks 3. Polymesh and Ocree Launch Canadian-Regulated Tokenization Platform, Starts with $51.9 million CRE Offering 4. Particula and Moody’s Ratings Complete POC on Digital Asset Risk Capabilities 5. StanChart and SDX Sign MOU for Digital Asset Custody 6. RealEstate.Exchange (REX) Officially Launches on Polygon 7. Abu Dhabi Global Market (ADGM) and Chainlink to Collaborate on Tokenization Frameworks 8. UK’s FCA to Support more Fund Tokenization in Growth Strategy 9. Apex Group Tokenizes Maltese Fund on Polygon ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:42 Market Movements 22:07 RWA Foundation Update 23:50 Token Debrief 34:38 Companies of The Week TokenizeThis 2025: https://summit.stm.co/ STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz

Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, and special guest Brian Anderson from Raze cover the industry leading headlines and market movements, including Sky Grand Prix winners, Cathie Wood on tokenization, another RWA L1 & more weekly news! TokenizeThis 2025: https://summit.stm.co/ STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz Company of the Week - Herwig: Hamilton Lane Company of the Week - Kyle: Manifest  = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin/  Herwig: https://www.linkedin.com/in/herwigkonings/ Opinion articles, interviews, and more: https://medium.com/security-token-group  Find the video version of this episode on our Youtube Channel: https://www.youtube.com/@stmtvofficial  The Market Movements 1. Raze To Host Ferrox Holdings’s Financing Token on Monday: https://raze.finance/  2. Cathie Wood Aims to Tokenize Ark Invest Funds https://www.coindesk.com/markets/2025/03/18/ark-invest-s-cathie-wood-says-she-wants-to-bring-ark-invest-funds-on-chain?ref=onepagecrypto.com  3. Backed Brings Tokenized $COIN and S&P 500 to Avalanche https://www.koreaittimes.com/news/articleView.html?idxno=139438  4. Access Hamilton Lane PE Fund for As Little As $500 on Republic https://www.crowdfundinsider.com/2025/03/237547-republic-partners-with-hamilton-lane-with-tokenized-private-equity-fund/  5. Securitize and Ethena to Launch Own Blockchain, Converge, for DeFi https://securitize.io/learn/press/ethena-and-securitize-announce-upcoming-launch-of-converge-blockchain  The Token Debrief 1. Spark Announces $1B in Treasury Allocations for BlackRock, Superstate, and Centrifuge https://www.coindesk.com/business/2025/03/18/blackrock-s-buidl-superstate-and-centrifuge-win-spark-s-usd1b-tokenized-asset-windfall-report   2. VanEck Ventures Co-Leads Manifest’s Pre-Seed, Focus on Tokenized RE ETF  https://www.cryptopolitan.com/vaneck-ventures-invested-in-manifest/  3. DTCC Joins ERC-3643 Association for Permissioned Tokenized Securities  https://cointelegraph.com/news/dtcc-vows-to-promote-erc3643-token-standard  4. Bitfinex Enables Monthly Subscriptions and Redemptions for NexBridge’s USTBL  https://www.bitfinex.com/securities/posts/1108/  5. UK Government to Tokenize Gilts via DIGIT Token, Seeks Partners https://www.ccn.com/news/technology/uk-blockchain-tokenized-gilts-digit/  6. FalconX Launches Structured Credit Facility RWA Offering https://www.marketsmedia.com/falconx-offers-the-first-tokenized-structured-credit-facility/  7. Brickken Expands Tokenization Platform to Polygon https://cointelegraph.com/press-releases/rwa-tokenization-platform-brickken-deploys-on-polygon  8. Korea to Test Tokenized Deposits with 100K People and 7 Banks https://www.ledgerinsights.com/koreas-tokenized-deposit-cbdc-trials-to-start-with-100000-people-in-april/  9. Uranium Digital Raises $6.1M for Platform on Solana, Led by Framework Ventures https://thedefiant.io/news/blockchains/uranium-digital-raises-6-1m-tokenized-yellowcake-trading-platform-on-solana-amid-26a87b1d  10. Australia Proposes Regulatory Structure, with Focus on RWAs and CBDCs https://www.coindesk.com/policy/2025/03/21/australia-proposes-new-crypto-regulation-structure-plans-to-integrate-digital-asset-into-the-economy  11. Particula Assigns AA- Rating to BMN2 Issuance https://www.linkedin.com/feed/update/urn:li:activity:7307738239698628609/  12. Nomura Research Institute Tests Tokenized Bonds via Onchain Deposits https://www.ledgerinsights.com/nomura-tests-digital-bond-issuance-settled-using-tokenized-deposits/  13. Dubai Land Department Kicks off Real Estate Tokenization Pilot, Predicts $16B by 2033 https://www.coindesk.com/business/2025/03/19/dubai-starts-real-estate-tokenization-pilot-forecasts-usd16b-market-by-2033  14. tZERO Completes Full TZROP Tokenization https://www.crowdfundinsider.com/2025/03/237501-tzero-announces-full-tokenization-of-tzrop-now-complete/  15. Oro Closes $1.5M Pre-Seed for Gold Tokenization on Solana, Led by 468 Capital https://x.com/theusmansal/status/1901670145400926585  = Check out our Companies = Security Token Group: http://securitytokengroup.com/   Security Token Advisors: http://www.securitytokenadvisors.com/   Security Token Market: https://stm.co  InvestReady: https://www.investready.com ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 2:18 Market Movements 26:53 RWA Foundation Update 29:42 Token Debrief 44:18 Companies of The Week

Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, and guest contributor Emanuele Rossi from Mountain Protocol cover the industry leading headlines and market movements, including USDM, Figure, and Invesco all tokenizing RWAs! This week features Nick Carmi, VP of Institutional Markets at Figure Markets in an interview with Jason Barraza, covering their publicly-registered $YLDS product, forward vaults, and more! STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  Join the RWA Foundation and Read the Whitepaper: RWAF.xyz Read STM’s Global Tokenized Real Estate Market Guide 2024: https://docsend.com/view/rrfjz7zxzqb9na2q  Read the December 2024 RWA Securities Market Update: https://docsend.com/view/6vf42wm8quhnttuv  Company of the Week - Herwig: Invesco Company of the Week - Kyle: AVR Solar Park  = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin/  Herwig: https://www.linkedin.com/in/herwigkonings/ Nico: https://www.linkedin.com/in/nicopantelis/  Jason: https://www.linkedin.com/in/jasonbarraza/  Opinion articles, interviews, and more: https://medium.com/security-token-group  Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/@stmtvofficial  The Market Movements 1. Mountain Protocol’s USDM Now Supported on Ledger https://medium.com/@MountainUSDM/mountain-protocol-partners-with-ledger-01c0b8f98390  2. Circle to Expand to Bermuda for Money Market Funds https://crypto.news/circle-to-expand-tokenized-money-market-operations-in-bermuda/  3. $BUIDL Reclaims throne as #1 and surpasses $1B https://www.coindesk.com/business/2025/03/13/blackrock-s-buidl-fund-tops-usd1b-with-ethena-s-usd200m-allocation  4. S&P Global Ratings Assigns AA+f / S1+ to Janus Henderson & Anemoy Tokenized Fund https://en.cryptonomist.ch/2025/03/12/janus-henderson-anemoy-the-tokenized-fund-receives-the-highest-category-rating/  The Token Debrief 1. Cantor Fitzgerald Launches Bitcoin-Backed Loans, Selects Anchorage Digital and Copper.co https://www.prnewswire.com/news-releases/cantor-fitzgerald-partners-with-digital-asset-custodians-anchorage-digital-and-copperco-to-support-bitcoin-financing-business-302397938.html  2. Rome Protocol and KiiChain Partner for Tokenization and Cross-chain Lending in Latin America https://crypto.news/exclusive-rome-protocol-and-kiichain-partnering-to-improve-rwa-tokenization-in-latam/  3. Securitize Places Onchain Price Feeds with Redstone https://securitize.io/learn/press/redstone-selected-by-securitize-as-blockchain-oracle-partner-bringing-all-its-tokenized-assets-to-defi-ecosystems  4. Mercado Bitcoin to Issue $200M in Assets in LatAm, Tokenized on Polygon https://www.coindesk.com/markets/2025/03/12/mercado-bitcoin-polygon-labs-look-to-issue-usd200m-worth-of-tokenized-assets-in-latin-america  5. MetaWealth Launches 10th Asset: Wyndham Grand La Cala Golf Residences https://www.linkedin.com/posts/metawealthapp_asset-10-is-now-live-welcome-to-wyndham-activity-7305545400004833280-mMPp?utm_source=share&utm_medium=member_desktop&rcm=ACoAAB1jcwoBLLGgrwl0xQgVcNMUDJZa3vbF48E  6. DigiFT Tokenizes Invesco Private Credit Strategy Fund on Arbitrum: $iSNR https://cointelegraph.com/news/digift-invesco-private-credit-token-arbitrum  7. Bahrain Exchange ATME Launches Gold-Backed Token, Supported by Central Bank of Bahrain https://news.bitcoin.com/bahrain-digital-exchange-atme-introduces-tokenized-gold/  8. Serbian Solar Park Tokens Yield 6% Interest https://balkangreenenergynews.com/serbias-first-ever-tokenization-in-energy-sector-saraorci-solar-project-yields-6-interest/  = Check out our Companies = Security Token Group: http://securitytokengroup.com/   Security Token Advisors: http://www.securitytokenadvisors.com/   Security Token Market: https://stm.co  InvestReady: https://www.investready.com ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 0:59 Market Movements 26:39 STS Interviews: Figure Markets 36:54 Token Debrief 46:30 RWA Foundation Update 48:17 Companies of The Week

Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, Nico Pantelis, and Dave Hendricks cover the industry leading headlines and market movements, including Nasdaq exploring 24H trading and the White House Crypto Summit.   This week features Dave Hendricks, CEO of Vertalo, as both a guest contributor and in an interview with Jason Barraza, covering the upcoming RWA Night on March 19th, 2025 in New York City: https://lu.ma/rwa-night    STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9  Join the RWA Foundation and Read the Whitepaper: RWAF.xyz Read STM’s Global Tokenized Real Estate Market Guide 2024: https://docsend.com/view/rrfjz7zxzqb9na2q  Read the December 2024 RWA Securities Market Update: https://docsend.com/view/6vf42wm8quhnttuv    Company of the Week - Herwig: Maple Company of the Week - Kyle: Coinbase    = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin/  Herwig: https://www.linkedin.com/in/herwigkonings/ Nico: https://www.linkedin.com/in/nicopantelis/  Jason: https://www.linkedin.com/in/jasonbarraza/  Opinion articles, interviews, and more: https://medium.com/security-token-group  Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/@stmtvofficial    The Market Movements   Nasdaq Markets to Go 24/5: https://www.marketwatch.com/story/nasdaq-announces-plans-to-launch-24-hour-trading-monday-through-friday-219fbd6a   Trump to Host White House Crypto Summit: https://www.nbcnews.com/politics/trump-administration/live-blog/trump-adminstration-tariffs-crypto-live-updates-rcna195234   Coinbase Looks to Tokenize $COIN Stock: https://www.theblock.co/post/344759/coinbase-eyes-tokenized-securities-as-crypto-regulations-shift-under-trump-administration   STM.co Featured in Brickken-Led Report on Cointelegraph: https://s3.cointelegraph.com/Rwa-Tokenization-Key-Trends-2025-Market-Outlook-Report.pdf ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:22 STS Interviews: RWA Night 9:23 Market Movements 36:08 Companies of The Week