Archive | Institutional Briefing

Pontes Goes Live on Monday: What You Need to Know

Sep 17, 2026

•

7 min read

Pontes Goes Live on Monday: What You Need to Know

On 21 September the Eurosystem starts settling tokenized assets in central bank money. What the service does, where its limits lie, and what the operators plan for the first year.

Louis Tellier, Maximilian Vargas

Weekly Briefing

BNP Paribas and ABN AMRO Join Europe’s Deposit Token Network

Sep 10, 2026

•

7 min read

BNP Paribas and ABN AMRO Join Europe’s Deposit Token Network

The German-born CBMT project is expanding into a broader European network as banks look beyond stablecoins to programmable commercial bank money.

Louis Tellier, Maximilian Vargas

Weekly Briefing

Sep 3, 2026

•

7 min read

NYSE Selects tZERO as Second Partner for Its Tokenization Platform

The exchange is pursuing two routes onchain at once, and the separate venue is the one that needs partners built around it.

Weekly Briefing

Aug 27, 2026

•

6 min read

FASB Proposes Guidance on Treating Stablecoins as Cash Equivalents in the U.S.

The proposal would clear an accounting barrier to stablecoins in corporate treasury. It would not touch the prudential one.

Weekly Briefing

Aug 20, 2026

•

5 min read

SEC Opens BENJI to Franklin Templeton’s Own Funds

The no-action letter lets Franklin's mutual funds and ETFs park cash in its $726 million tokenized money market fund, and sets the first template for blockchain-based fund ownership under the 1940 Act.

Weekly Briefing

Mar 19, 2026

•

13 min read

U.S. Banks Announce Shared Ledger Built on Ethereum Layer-2 ZKsync Prividium

On Tuesday, the Cari Network disclosed that ZKsync’s Prividium, a permissioned Ethereum Layer-2, will serve as the blockchain infrastructure for its tokenized deposit platform.

Weekly Briefing

Louis Tellier, +1

Mar 12, 2026

•

14 min read

Onchain Treasury Management: Crypto-Native Players Are Pushing Upstream Into Enterprises

Some of our most recent conversations with financial institutions indicate that interest in stablecoin-based treasury management is growing. To better understand where adoption stands today and what is still missing, we spoke with three players approaching the market from different angles

Weekly Briefing

Louis Tellier, +1

Mar 5, 2026

•

14 min read

Why WisdomTree's SEC Exemption Is a Structural Turning Point For Tokenized MMFs

Last week, WisdomTree received SEC exemptive relief from the forward pricing rule, the regulation that requires all U.S. mutual fund orders to be executed at the daily NAV strike, typically at 4 p.m. ET. The exemption allows WisdomTree’s broker-dealer to trade its tokenized government money market fund 24/7 at a fixed $1 price on the secondary market. It’s the first relief of its kind.

Weekly Briefing

Louis Tellier, +1

Mar 4, 2026

•

13 min read

Opening the Door to 24/7 Mutual Funds: WisdomTree on Its SEC Exemption – Interview

Last week, WisdomTree received SEC exemptive relief from the forward pricing rule. allows WisdomTree’s broker-dealer to trade its tokenized government money market fund 24/7 at a fixed $1 price on the secondary market. We spoke with Maredith Hannon about why that matters and how the fund works in practice.

Maredith-Hannon

Louis Tellier, +1

Feb 26, 2026

•

12 min read

Luxembourg Greenlights Crypto in UCITS: What It Means for Europe’s Fund Industry

In early February, Luxembourg’s financial regulator, the CSSF, published a landmark update to its rules on crypto-assets for investment funds, allowing UCITS to allocate up to 10% of their portfolio to crypto.

Weekly Briefing

Louis Tellier, +1

Feb 19, 2026

•

12 min read

Exclusive: France’s Largest Banks Prepare Tokenized Deposit System

Participants include BNP Paribas, Société Générale, Crédit Agricole, and BPCE Group.

Weekly Briefing

Louis Tellier, +1

Feb 12, 2026

•

12 min read

Boerse Stuttgart Settles First Confidential Tokenized Security Transaction on Ethereum

Last week, Boerse Stuttgart Group announced that it had executed the first confidential, tokenized delivery-versus-payment (DvP) transactions on a public blockchain. The transactions were carried out via its DLT settlement platform Seturion, with transaction logic executed on Aztec, an Ethereum layer-2 privacy network.

Weekly Briefing

Louis Tellier, +1

Feb 5, 2026

•

6 min read

Eurosystem Greenlights Tokenized Collateral for March 2026

Last week, the European Central Bank announced a decisive step toward integrating tokenized securities into the core of the Eurosystem. From 30 March 2026, the Eurosystem, comprising the ECB and the national central banks of the euro area, plans to accept DLT-based securities as eligible collateral for its credit operations.

Weekly Briefing

Louis Tellier, +1

Jan 29, 2026

•

11 min read

From Full-Stack to Modular: How Banks Are Building Their Crypto Retail Offering

Over the past few months alone, several major European banks, including DZ Bank, KBC and Groupe BPCE, have either announced or launched retail crypto offerings. We spoke with market participants on how these services are built.

Weekly Briefing

Louis Tellier, +1

Pontes Goes Live on Monday: What You Need to Know

BNP Paribas and ABN AMRO Join Europe’s Deposit Token Network

NYSE Selects tZERO as Second Partner for Its Tokenization Platform

FASB Proposes Guidance on Treating Stablecoins as Cash Equivalents in the U.S.

SEC Opens BENJI to Franklin Templeton’s Own Funds

U.S. Banks Announce Shared Ledger Built on Ethereum Layer-2 ZKsync Prividium

Onchain Treasury Management: Crypto-Native Players Are Pushing Upstream Into Enterprises

Why WisdomTree's SEC Exemption Is a Structural Turning Point For Tokenized MMFs

Opening the Door to 24/7 Mutual Funds: WisdomTree on Its SEC Exemption – Interview

Luxembourg Greenlights Crypto in UCITS: What It Means for Europe’s Fund Industry

Exclusive: France’s Largest Banks Prepare Tokenized Deposit System

Boerse Stuttgart Settles First Confidential Tokenized Security Transaction on Ethereum

Eurosystem Greenlights Tokenized Collateral for March 2026

From Full-Stack to Modular: How Banks Are Building Their Crypto Retail Offering

An executive briefing on the big stories and trends driving tokenization and the institutional adoption of digital assets.Every Thursday.

An executive briefing on the big stories and trends driving tokenization and the institutional adoption of digital assets.

Every Thursday.