Tokenisation

Coinbase launched the Base App, turning its wallet into an all-in-one platform for crypto, payments, chat, and social features. It connects to the Base blockchain and aims to attract everyday users, not just traders.

Bank of America has launched a new research series called On Chain to explore blockchain, stablecoins, and tokenised assets. The bank sees Ethereum and companies like Stripe as key to the future of digital finance and payment systems.

A Japanese firm, Gates Inc., is turning $75 million worth of Tokyo real estate into digital tokens using the Oasys blockchain. The move aims to make it easier for overseas investors to buy and sell property in Japan by using blockchain-based ownership records.

Ant Group plans to add USDC, a dollar-backed stablecoin from Circle, to its blockchain platform for international payments. The move depends on US regulatory approval and could make Ant a major user of regulated digital currencies outside China.

Dubai Land Department has partnered with Crypto.com to allow blockchain and crypto payments in real estate deals, including paying government fees with digital assets. The move supports Dubai’s 2033 vision to modernise its property sector, with plans to tokenise real estate and attract more global investors.

Robinhood offered tokens linked to OpenAI and SpaceX shares to European users, but OpenAI denied any involvement and warned the tokens do not represent real equity. Elon Musk called the OpenAI tokens "fake", and critics say the scheme is misleading and legally unclear.

AB DAO and the AB Charity Foundation will build the world’s first national-level resort focused on AI and blockchain in Timor-Leste. The resort will include research centres, luxury facilities, and crypto-friendly services, aiming to attract global tech talent and boost the local economy.

World Liberty Financial, the cryptocurrency venture closely linked to US President Donald Trump, is preparing the release of a third-party audit of its stablecoin while releasing a new app for its platform.

Hong Kong has released a new crypto policy called “Policy Statement 2.0” to boost tokenisation and regulate stablecoins. The plan includes licensing rules for stablecoin issuers starting in August and aims to support wider use of tokenised assets like bonds and ETFs.

On 9 June, the SEC will host a roundtable to explore how DeFi aligns with current regulations, focusing on tokenisation, custody, and market integrity. The event aims to balance innovation with compliance, with input from the public and industry leaders like SegMint and BlackRock.