Asia's institutional read on tokenisation.
Track Asia's developments on every front, stay ahead of the global moves reaching you next, and build from a foundations-to-playbooks reference library that makes the market legible.
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Tracking 150 institutions across 11 jurisdictions · 29 live deployments · licences mapped across 16 jurisdictions · Singapore, Hong Kong, Japan and Korea covered in depth
Institutions tracked
Asia and global · 17 marks, each links to a profile
Live wire
Updated 9 September 2026DBS and Citi complete weekend tokenised deposit payment via Swift Ledger
The number of banks transacting on the Swift Ledger has accelerated to seven with the latest announcement by Singapore’s largest bank DBS that it conducted a weekend transaction...
Reported by: Ledger Insights · Coindesk Markets desk
Citi to launch blockchain-based cross-border payments for Japanese corporate clients
Korea's FSC Maps Three-Phase Rollout for Tokenised Securities From 2027
Korea’s Financial Services Commission (FSC) has announced its planned phases for supporting tokenized securities and fractional investments.
Archax Wins SEC Broker-Dealer Registration, Opens US Gateway for European Tokenised Securities
UK digital asset exchange Archax has received FINRA approval for its US subsidiary Archax Markets, completing its registration as a broker dealer with the SEC.
SIX and TWINT Join Swiss Franc Stablecoin Sandbox as Legal Gap Persists
Two of Switzerland’s most important payment players, SIX and TWINT, have joined the Swiss franc stablecoin initiative launched by six banks in April.
Insufficient source content: article cannot be synthesised
Citi and Goldman Lead Bank Consortium on New Stablecoin Venture
MAS consults on stablecoin legislation, opening the door to multi-jurisdiction issuance
- Twenty-one financial institutions committed on 1 September 2026 to form a company issuing a USD stablecoin for a first-half-2027 launch, taking the G-SIB count to 17 with newcomers BBVA, Wells Fargo, Crédit Agricole and Lloyds and adding asset managers Fidelity and WisdomTree, with the euro named as the priority second currency.
- The Monetary Authority of Singapore consulted on turning its 2023 stablecoin framework into law on 1 September 2026, reversing its earlier bar on multi-jurisdiction issuance and probing whether to prohibit issuers from using reserve interest to finance the business, with responses due by 16 October 2026.
- MUFG opened discussions with both BlackRock and Morgan Stanley Investment Management on 1 September 2026 to build open-platform collaborations in tokenised private credit, pairing Japan's largest tokenised-securities operator with the two biggest names in institutional private credit.
The markets
Asia first, then reference markets · flip a tile for highlights
Licensing
Full matrix by activity →Which licence a stablecoin or tokenisation operator needs, jurisdiction by jurisdiction, every cell sourced or marked research-needed.
Learn and reference
the library beneath the newsPlaybooks and perspectives
Decision-support for the call you are making, with opinion where the read could be wrong.
The wiki and data
Jurisdictions, institutions, projects, and themes, plus the sourced data series.
Foundations
The core model: what tokenisation is, why it matters, the concepts everything else builds on.
Mechanics
The technical layer beneath Foundations: token standards, custody, finality, the implementation detail.
Asia-first tokenisation coverage, distilled to one email. Every Monday morning Singapore time: the week's material developments by desk, and what's worth watching next.