KYC and AML are not the same thing. KYC is the check at onboarding: who is investing. AML is the program around it: monitoring, reporting, records, for the whole relationship. Where the onboarding side lives in Offering Manager, in under 3 minutes:

One token. A whole BlackRock strategy. Ondo has tokenized three BlackRock-designed model portfolios. Holdings, weights and every rebalance are visible onchain, and the token moves across wallets, exchanges and DeFi. Tokenization is moving from single assets to whole products.

Luxembourg's regulator just published its first FAQ on fund tokenisation. The short version: on-chain units are allowed. The fund's obligations don't go anywhere. The chain changes the record. Not the duties.

Tokenized deposits, hands on. Create an Asset Token, whitelist wallets, mint when a customer deposits, burn when they withdraw. A transfer to a wallet you haven't approved is rejected by the contract. No smart contract code. See it on testnet:

Spiko just raised a $90 million Series B led by NEA. The milestone behind it: $2.7 billion in tokenized cash funds, held by 10,000+ businesses and individuals in 25+ jurisdictions, built in just over two years. Tokenized cash is not a pilot anymore, it's a business.

Tokenized US stocks are now arriving through three doors. Coinbase is live on Base. DTCC's tokenization service is slated to launch this month. And today OKX and NYSE parent ICE told the SEC they plan a venue for 60+ US companies. Issuers there get 30 days to opt out.

Tokenized real-world assets reached $34.2 billion by mid-September, up 85% this year. More than half is still bonds and money market funds. The fastest grower is equities, up 390%. The market is no longer just tokenized cash.

Running a token on Solana is four jobs: create, sell, manage, pay holders. Token Tool handles it all. Freeze authority set at launch. IDO, ICO or STO sales. Freeze or unfreeze accounts. Dividend and coupon payments by airdrop. Try it today.

You agreed an OTC token trade. Who sends first? With Delivery vs Payment in Token Tool, the tokens and the payment settle in one transaction. If either is missing, nothing moves. No code. Here's a real testnet trade, start to finish:

The ECB switched on Pontes this week: tokenized securities in the euro area can now settle in central bank money. The asset stays locked until the euro payment is confirmed. Both legs settle, or neither does. Wholesale DvP just went from pilot to production.

Banks, digital bonds & RWA standards at @conf3rence in Dortmund. Our CEO @RadkoAlbrecht joined Markus Kluge, Peter Kohl-Landgraf, Alireza Siadat & @bundesblock to discuss bringing capital markets on-chain. Thanks to all who tuned into the panel, and visited our booth!

Day 2 @conf3rence in Dortmund! Find @RadkoAlbrecht at the Bitbond stand👋

Happy to be part of Cohort 01 🔋 German grid-scale batteries, financed on regulated rails. Battery storage might be tokenization's perfect use case: real asset, real cash flows, real urgency.

Cash still owns most of the book. About half of on-chain RWA is T-bills and cash funds. Gold is next, followed by private credit. The mix is wider than it was. Cash is still king.