BlackRock's BUIDL Fund: How the World's Largest Asset Manager Is Rewriting the Rules of Tokenized Finance
BlackRock's BUIDL tokenized money market fund surpassed $2.5 billion AUM in early 2026, making it the world's largest on-chain fund and signaling Wall Street's definitive commitment to tokenized assets.
SEC and Tokenization in 2026: The Complete Regulatory Landscape for Digital Securities in America
From the Howey Test to SAB 121's reversal, from Reg D token offerings to ATS registration — the SEC's evolving stance on tokenized securities defines where $16 trillion in institutional capital will flow.
Real Estate Tokenization in the United States: The $3.2 Trillion Opportunity the Market Is Underpricing
US commercial real estate tokenization is accelerating: from $500M in tokenized HELOCs via Figure Technologies to fractional ownership of trophy assets. The barriers are falling faster than institutional capital is moving.
From JPMorgan to Goldman Sachs: How Wall Street's Tokenization Buildout Will Capture $16 Trillion
JPMorgan's Kinexys processed $1 trillion in tokenized transactions. Goldman Sachs issued bonds on GS DAP. Broadridge settled $384 billion daily via DLR. Wall Street's tokenization infrastructure is not a pilot — it is production.
Tokenized Carbon Credits: Using Blockchain to Fix the Voluntary Carbon Market's Integrity Problem
The $2 billion voluntary carbon market has a credibility crisis: double-counting, phantom credits, and verification failures have undermined confidence. Tokenized carbon credits on Toucan Protocol, KlimaDAO, and Moss.Earth offer blockchain-verified environmental assets.
New York's BitLicense: America's Most Demanding Crypto Regulatory Framework
New York's BitLicense (2015) remains the most stringent crypto business license in the United States. It covers virtual currency businesses operating in New York, requires extensive compliance infrastructure, and has been obtained by fewer than 50 companies in a decade.
Goldman Sachs GS DAP: Building a Private Blockchain for Institutional Digital Asset Markets
Goldman Sachs' Digital Asset Platform (GS DAP) has tokenized $700M+ in digital bonds for the European Investment Bank and others. Goldman's approach uses a permissioned blockchain to modernize capital markets infrastructure while maintaining regulatory control.
Broadridge DLR: How $384 Billion Per Day of Repo Settlements Are Moving to Blockchain
Broadridge's Distributed Ledger Repo (DLR) platform settles $384 billion in daily repo transactions for institutions including JPMorgan, Goldman Sachs, and Citi. It is the largest institutional blockchain application by transaction volume in the United States.
CFTC vs SEC: The Jurisdictional Battle Over Crypto and Tokenized Assets
The CFTC claims Bitcoin and Ether are commodities. The SEC claims most tokens are securities. FIT21 attempts to clarify jurisdiction with a 'decentralization test.' This analysis maps the legal landscape and what it means for tokenization practitioners.
Qualified Custodian Requirements for Tokenized Assets: What Investment Advisers Need to Know
SEC-registered investment advisers must maintain client assets with a 'Qualified Custodian' under Rule 206(4)-2. The 2023 Custody Rule amendments proposed to extend this requirement to crypto assets. This analysis maps the qualified custodian landscape for tokenized assets.