The Tokenization Journal✓

🌐 Stay Connected with Tokenization Journal. Your source for tokenization, RWA & on-chain finance. 🌍 ✈️ 💼 📸 #Tokenization #RWA

Delivery versus payment, in plain English: The buyer receives the asset when the seller receives the money. Making delivery conditional on payment is a key part of the on-chain settlement story.

The blockchain: “Transaction confirmed.” The back office: “Please resend the PDF.” Institutional tokenisation still has side quests.

SBI plans to merge SBI Clearing Trust into JPYSC issuer SBI Shinsei Trust Bank, combining stablecoin issuance and digital asset custody expertise. The merger is scheduled for December 31, subject to regulatory approvals.

Wall Street has a closing bell. Solana doesn’t. Capital markets meeting always-on infrastructure is a story worth following. @solana

Before an asset goes on-chain, three questions matter: What does the token represent? Who can hold it? How can it be redeemed? Token design starts with the underlying rights.

GM. Friday agenda: Less friction. Better settlement. More assets on-chain. Same obsession: tokenisation.

Hackers: “We got the funds.” @Tether_to & @circle: “They’re not leaving.” 🧊

1/5 🧵 Can stolen crypto actually be recovered after a major hack? The potential security breach at @binance brings this question back into focus. @Bybit_Official’s experience shows a crucial distinction: covering a customer asset shortfall is different from recovering stolen funds.

4/5 Frozen ≠ recovered. @Tether_to and @circle can freeze USDT and USDC at specific addresses. Returning funds requires further steps. BTC and ETH have no central freeze function. Being able to trace stolen funds does not guarantee recovery.

5/5 What will determine the outcome for @binance? • Confirmed losses • Return of frozen assets • Coverage of any remaining shortfall Bybit said it closed its customer asset gap through financing and purchases. Protecting customer balances and recovering stolen funds are separate.

Thank you, @Tether_to and @circle, for the reported swift action to freeze USDT and USDC linked to the suspected Binance incident. Coordination matters. User protection matters. Credit to the teams working to protect the community.

Standing with @cz_binance and the @binance community. Wishing everyone working through this a swift, transparent resolution. Clarity. Transparency. User protection.

1/4 Under @Lagarde, Europe’s tokenisation agenda moved from trials towards financial infrastructure. The milestones: settlement tests, Pontes, DLT collateral eligibility and ECB investment preparations. Here’s what changed—and what comes next. 🧵 @ECB

3/4 From 30 March 2026, CSD-issued DLT assets meeting Eurosystem criteria became eligible collateral. Pontes launched on 21 September, enabling wholesale tokenised settlement in central bank money. Why it matters: closer links to funding and settlement.

4/4 The @ecb also began preparations to invest own funds in tokenised securities. The announcement did not confirm purchases. Our next indicators: repeat volumes, broader participation and longer settlement hours. These will help show how infrastructure translates into adoption.

Thank you, @Lagarde, for your service. As the @ECB prepares for a leadership transition, our focus remains on Europe’s next financial chapter: Tokenised assets. Central bank money. Interoperable markets. The infrastructure agenda continues.

JapanRefund and UPBOND will launch JPYC tax refunds for visitors to Japan on 1 November, using @avax C-Chain. Announced today; the service is not yet live.