TradFi Goes Tokenization
Deutsche Bank, Ondo & AI Drive the $84T RWA Reckoning
“If you're not tokenizing, you're fossilizing.” – Mark Fidelman
Welcome to this week’s Tokenized Insider, where we spotlight how tokenization, RWAs, crypto regulation, and AI are reshaping the financial frontier with a few headline-grabbing names along for the ride. Let’s get into it:
🌐 Deutsche Bank Readies Tokenization Platform
Deutsche Bank plans to launch its MVP blockchain-as-a-service platform —Dama 2 this November, enabling asset managers to create and service tokenized assets. Partnering with Axelar and Memento, they’re lowering tech barriers for institutions entering the tokenization game linkedin.com and waterstechnology.com.
🇺🇸 Ondo Finance Tokenizes U.S. Treasuries on XRP Ledger
Ondo Finance has introduced OUSG, a tokenized U.S. Treasuries product on the XRP Ledger. Qualified buyers can now mint and redeem institutional-grade yield instruments on-chain marking a milestone in securitized RWA accessibility crypto.news.
🗺️ Plume Blockchain Preps U.S. Launch, Chats with Treasury
Plume, an RWA-focused chain, is gearing up for its U.S. debut—including its NestCredit protocol and has actively engaged with U.S. Treasury and Vice President offices. They’ve even floated “regulatory innovation waivers,” aiming for compliance-first tokenization linkedin.com.
💰 Kadena Unveils $50M Grant for Tokenization & AI Projects
Kadena announced a $50 million grant initiative to bolster Chainweb EVM development, AI integrations, and RWA tokenization—half reserved specifically for compliant asset token projects. It’s a major push to fund builders in the space kadena.io.
🏦 Real-World Tokenization Success: Citi, Goldman, Franklin Templeton
Chainlink reports five major U.S. tokenization wins: Citigroup’s tokenized deposits for trade finance, Goldman’s bond issuance, Franklin Templeton’s on-chain money market fund, and moreproof that RWAs are going mainstream blog.chain.link.
These champions are using real-world tokenization powered by tech and AI and institutions are clearly paying attention. This isn’t FOMO; it’s foundational.
Brought to you by SmartBlocks — the platform democratizing real estate investment. Invest in global properties for as little as $50 via www.smartblocks.xyz instagram.com
Written by Mark Fidelman — Forbes columnist and tokenization evangelist. Connect with him on X: @markfidelman