BNP Paribas Tokenizes Money Market Fund Shares for Instant Cross-Border Settlement
        
        
        
        
          
        
        
      
        
    
        
        Tokenizing MMF shares on DLT replaces batch-driven order execution with on-chain, real-time NAV settlement, fundamentally enhancing capital efficiency and cross-border liquidity.
        
        SEC Staff Expands Qualified Custodian Definition for Digital Assets
        
        
        
        
          
        
        
      
        
    
        
        The SEC's custody clarification unlocks institutional capital by validating state-chartered trust companies as qualified custodians for crypto assets.
        
        SEC Staff Permits State Trust Companies as Qualified Crypto Asset Custodians
        
        
        
        
          
        
        
      
        
    
        
        The SEC staff’s custody no-action relief expands the qualified custodian universe, strategically de-risking institutional crypto adoption.
        
        SEC Clarifies State Trust Companies Can Custody Digital Assets for Institutions
        
        
        
        
          
        
        
      
        
    
        
        RIAs must now update compliance frameworks to leverage state-trust custody, ensuring strict asset segregation and private key controls.
        
        SEC Staff Permits State Trust Companies as Qualified Crypto Custodians
        
        
        
        
          
        
        
      
        
    
        
        This no-action relief provides essential clarity, expanding the qualified custodian universe for institutional digital asset strategies.
        
        SEC Clarifies State Trust Companies as Qualified Crypto Custodians
        
        
        
        
          
        
        
      
        
    
        
        The SEC's no-action letter signals a pivotal shift, enabling state-chartered trusts to custody crypto assets for regulated entities.
        
        SEC Staff Permits State Trust Companies as Crypto Qualified Custodians
        
        
        
        
          
        
        
      
        
    
        
        The SEC's no-action letter redefines crypto custody, allowing state trust companies to serve as qualified custodians for regulated entities, enhancing operational clarity.
        
        Singapore Extends Digital Token Service Provider Licensing Globally
        
        
        
        
          
        
        
      
        
    
        
        Singapore's new DTSP framework mandates global licensing for entities operating from or incorporated in the city-state, demanding immediate compliance.
        
        Franklin Templeton and Binance Partner for Digital Asset Tokenization
        
        
        
        
          
        
        
      
        
    
        
        This collaboration integrates traditional asset management with blockchain infrastructure to streamline securities tokenization, enhancing capital market efficiency and investor access.
