Archive | Institutional Briefing

Pontes Goes Live on Monday: What You Need to Know

Sep 17, 2026

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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

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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

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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

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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

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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

Sep 4, 2025

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13 min read

Japanese Crypto Exchange Coincheck Acquires Aplo to Accelerate EU Expansion

On Tuesday, Coincheck, one of Japan’s largest crypto exchanges, announced the acquisition of Aplo, a Paris-based digital asset prime brokerage. The deal gives Coincheck a direct presence in the European market while providing Aplo with deeper liquidity and stronger balance sheet capacity.

Weekly Briefing

Louis Tellier, +1

Aug 28, 2025

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13 min read

Exclusive: The State of Kinexys in 2025 — Scaling Clients, Expanding Networks

Blockchain acceleration: Over the past weeks, Kinexys — J.P. Morgan’s blockchain division — has been accelerating client adoption, adding names like FedEx, clearing house Marex, and payments provider Corpay, among others. Amid these recent developments, we sat down with Zack Chestnut, Head of Business Development at Kinexys.

Weekly Briefing

Louis Tellier, +1

Aug 22, 2025

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7 min read

Inside Apex’s Tokenization Strategy with its Global Head of Digital Assets

After acquiring the Luxembourg-based startup Tokeny in May, one of the world’s largest fund administrators is set to tokenize $300 million worth of SkyBridge hedge funds, with plans to accelerate further in the coming months. We spoke with Daniel Coheur, Tokeny’s founder and newly appointed Global Head of Digital Assets at Apex Group, to learn more about the firm’s strategy.

Interview

Louis Tellier

Aug 21, 2025

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13 min read

Banking Lobby Pushes Back as Stablecoin Yield Loopholes Spread Across U.S. and Europe

On August 12, several major U.S. banking groups — led by the powerful Bank Policy Institute (BPI) — urged Congress to “close the stablecoin payment of interest loophole.”

Weekly Briefing

Maximilian Vargas, +1

Aug 14, 2025

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13 min read

S&P Issues First-Ever Credit Rating for a DeFi Protocol

On August 7, S&P Global Ratings issued its first-ever credit rating for a decentralized finance (DeFi) protocol, assigning Sky Protocol — formerly MakerDAO — a B-. The assessment used S&P’s global scale, placing Sky’s risk profile alongside that of traditional lenders worldwide rather than under a bespoke DeFi framework.

Weekly Briefing

Louis Tellier, +1

Aug 13, 2025

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7 min read

S&P’s First DeFi Credit Rating: Inside the Sky Protocol Assessment with Andrew O'Neill (S&P Global)

On August 7, S&P Global issued its first-ever credit rating for a decentralized finance (DeFi) protocol, assigning Sky Protocol — formerly MakerDAO — a B-. We got an inside view with S&P Global's Managing Director Andrew O'Neill.

Interview

Maximilian Vargas

Aug 7, 2025

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13 min read

TradFi Veteran Joins Tokenization Platform Centrifuge as COO: “This Feels Like the Early ETF Days”

After two decades in ETFs at firms like BlackRock and Goldman Sachs, Jürgen Blumberg has joined Centrifuge and Anemoy to help bring fund management onchain. In this interview, he explains why tokenized funds are starting with distribution, where today’s wrappers fall short, and how real transformation will come from rebuilding issuance, pricing, and liquidity at the protocol layer..

Weekly Briefing

Louis Tellier, +1

Aug 6, 2025

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5 min read

Exclusive: Inside BBVA's Crypto Playbook – Interview with Francisco Maroto (Head of Digital Assets)

In this exclusive conversation, BBVA’s Head of Blockchain and Digital Assets Francisco Maroto explains how the bank went from early blockchain experiments to launching MiCA-regulated crypto services across Europe. He shares why BBVA chose to build its own infrastructure, how it’s thinking about tokenization, and why the bank is opening its platform to other institutions.

bbva

Louis Tellier

Jul 31, 2025

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13 min read

Eurex Clears First Live Transaction on DLT-Based Collateral Platform

This week, Eurex Clearing became the first clearing house to complete a live transaction on a DLT-based system. Unlike other projects, it didn’t rely on tokenizing collateral and moving it onchain.

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

Japanese Crypto Exchange Coincheck Acquires Aplo to Accelerate EU Expansion

Exclusive: The State of Kinexys in 2025 — Scaling Clients, Expanding Networks

Inside Apex’s Tokenization Strategy with its Global Head of Digital Assets

Banking Lobby Pushes Back as Stablecoin Yield Loopholes Spread Across U.S. and Europe

S&P Issues First-Ever Credit Rating for a DeFi Protocol

S&P’s First DeFi Credit Rating: Inside the Sky Protocol Assessment with Andrew O'Neill (S&P Global)

TradFi Veteran Joins Tokenization Platform Centrifuge as COO: “This Feels Like the Early ETF Days”

Exclusive: Inside BBVA's Crypto Playbook – Interview with Francisco Maroto (Head of Digital Assets)

Eurex Clears First Live Transaction on DLT-Based Collateral Platform

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.