Capital markets

Northern Trust plans to support custody for tokenized financial assets

Charles Schwab partners Paxos for crypto offering

Unicredit invests €4m in tokenization firm BlockInvest

UK’s FCA consults on cryptoasset activities incl stablecoin issuance

Ripple partners with Kyobo Life for tokenized government bond custody

Deutsche Börse invests $200m in Kraken crypto exchange group

UK’s Legal & General Asset Management tokenizes MMFs via Calastone

SEC: wallets, DeFi interfaces aren’t broker-dealers even for tokenized securities