Ripple's potential US banking license could unlock broader mainstream adoption

The Bank of England adopts a more positive stance towards stablecoins, proposing regulatory integration and access to reserve facilities, amid shifting policies worldwide and innovations like Visa’s cross-border payment pilot.The Bank of England has recently adjusted its tune when it comes to stablecoins, indicating a more positive and regulation-oriented outlook towards these digital assets. Governor Andrew Bailey made a point to emphasize that stablecoins which are widely used in the UK should be brought under regulation similar to that of traditional bank money. This would cover depositor protections, and importantly, give stablecoins access to the Bank of England’s reserve facilities—this is quite a significant move toward formally integrating stablecoins into the existing financial framework. Bailey clarified that even though stablecoins aren’t quite functioning as money-like payment tools just yet—mostly because their main role is still to serve as entry and exit points in crypto markets—they shouldn’t be dismissed outright. Instead, the Bank plans to publish a consultation paper that would lay out a clearer regulatory framework and suggest that stablecoins could hold accounts directly at the Bank of England, boosting their credibility as legitimate forms of money. Bailey also envisioned a future where banks and stablecoins could coexist happily, with non-bank players possibly stepping up to provide more credit-related services. Interestingly enough, this marks quite a shift from earlier concerns that stablecoins posed a threat to banks by diverting deposits away from them. But—and I suppose you could say this—some voices from the traditional banking world are still wary; Rob Nichols, who heads the American Bankers Association, expressed ongoing worries, warning that stablecoins might sideline fundamental banking functions like deposit-taking and lending. The momentum behind regulation, however, isn’t coming from just the UK. It’s partly fueled by developments in the U.S., particularly the GENIUS Act signed into law back in July 2025. This piece of legislation sketches out a detailed oversight framework for stablecoins, mandating that they be backed 1:1 with U.S. dollars or other low-risk assets, along with strict standards on reserves, auditing, and transparency. It establishes supervision at both the federal and state levels and aims to protect consumers. Industry insiders see this U.S. regulatory clarity as a big boost—kind of a catalyst—that will inspire more confidence among institutions and help integrate stablecoins into mainstream financial systems. As a reflection of the broader institutional backing, Visa has recently kicked off a pilot project that uses stablecoins to facilitate cross-border payments. The idea is that businesses can pre-fund transactions with stablecoins instead of relying on traditional currencies, which could speed up payment processing and reduce the hassle of holding multiple fiat currencies. Visa’s move to incorporate stablecoin tech into their existing payment networks suggests that stablecoins are moving beyond their niche crypto origins and are increasingly becoming part of the backbone of global payments infrastructure. That said, concerns about regulation aren’t fading away entirely, especially outside the UK and US. The European Systemic Risk Board (ESRB), led by ECB President Christine Lagarde, has issued some pretty urgent warnings regarding the dangers of stablecoins issued by multi-jurisdictional groups that don’t fall neatly within EU regulatory oversight. The fear is that such fragmented regulation could lead to market stress—maybe even runs on reserves—and overall liquidity problems. There’s also a risk of regulatory arbitrage, where investors might prefer to redeem in stricter regimes to escape laxer ones, which raises the need for better coordinated international supervision. Meanwhile, big players like Amundi—Europe’s largest asset manager—are expressing some reservations, especially about how stablecoins might impact the global financial landscape once they’re more widely adopted. Amundi’s CIO Vincent Mortier highlighted worries that if stablecoins reach the scale JPMorgan projects—somewhere between $500 billion and $2 trillion—they could create what’s essentially “quasi-banking” entities and threaten monetary sovereignty and overall financial stability. Plus, Mortier pointed out a somewhat surprising paradox: the increased purchase of U.S. Treasuries backing stablecoin reserves might even weaken the dollar itself. It’s a complex interplay—digital assets influencing traditional currencies—something that most experts are watching closely. These cautious views from major financial institutions emphasize that, despite the regulatory progress, many are still wary of how widespread stablecoin adoption might shake things up. All in all, the Bank of England’s changing stance indicates a broader trend among global regulators to shift from outright skepticism to more structured, rules-based approaches. As the UK considers giving stablecoins direct access to the Bank of England, and with other jurisdictions still struggling to coordinate policies, this market is at a real crossroads. The promise of faster, more efficient payments is attractive—no doubt about that—but finding the right balance between encouraging innovation and mitigating systemic risks remains a key challenge for policymakers moving forward. References: - Paragraph 1 – 1, 2 - Paragraph 2 – 1 - Paragraph 3 – 1, 6, 7 - Paragraph 4 – 4 - Paragraph 5 – 3 - Paragraph 6 – 5 - Paragraph 7 – 1, 2, 3, 5 Source: Noah Wire ServicesVerification / Sources https://www.atmmarketplace.com/news/bank-of-england-softens-tone-on-stablecoins-say-they-should-be-regulated/ - Please view link - unable to able to access data https://www.reuters.com/sustainability/boards-policy-regulation/widely-used-stablecoins-need-be-regulated-like-money-boes-bailey-says-2025-10-01/ - Bank of England Governor Andrew Bailey has stated that widely used stablecoins in the UK should be regulated similarly to traditional banks. This includes implementing depositor protections and granting access to Bank of England reserve facilities. Bailey clarified that he is not opposed to stablecoins in principle but emphasized that their current primary function—facilitating entry and exit from cryptocurrency markets—does not qualify them as money-like payment methods. The Bank of England plans to release a consultation paper outlining its regulatory approach, including the proposal for UK stablecoins to have accounts at the Bank of England to reinforce their credibility and monetary status. https://www.reuters.com/business/finance/eu-risk-watchdog-calls-urgent-safeguards-stablecoins-2025-10-02/ - The European Systemic Risk Board (ESRB), led by European Central Bank President Christine Lagarde, has issued a warning calling for urgent safeguards on stablecoins that are only partially issued within the European Union. These concerns stem from potential vulnerabilities in 'multi-issuer' stablecoin arrangements, in which issuers inside and outside the EU collaborate. Under such schemes, stablecoins are not uniformly regulated, exposing the bloc to potential financial risk during market stress, such as a run on reserves. Policymakers fear this discrepancy could lead investors to prefer redeeming stablecoins within the stricter and safer EU framework, potentially causing a liquidity shortage. The ESRB emphasized the need for consistent oversight across jurisdictions to prevent regulatory arbitrage and reduce systemic financial risks associated with cross-border stablecoin arrangements. https://www.reuters.com/technology/visa-bets-stablecoins-speed-up-cross-border-payments-2025-09-30/ - Visa has announced a pilot program to test the use of stablecoins for international payments, allowing businesses to pre-fund transactions with digital tokens instead of traditional currencies. This initiative aims to accelerate cross-border payments and reduce the need for companies to lock up cash in multiple currencies worldwide. The decision follows the passage of the GENIUS Act in the U.S., which established clear regulations for stablecoin issuers and has increased institutional confidence in digital tokens. Visa is partnering with undisclosed entities and plans to expand the program next year. While stablecoins raise concerns about competition for traditional financial institutions, Visa’s approach emphasizes integrating stablecoin technology into its existing payment systems rather than replacing them. Experts suggest this marks a shift in stablecoins from a niche crypto tool to critical financial infrastructure. https://www.reuters.com/business/finance/amundi-warns-us-stablecoin-policy-could-destabilise-global-payments-system-2025-07-03/ - Amundi, Europe’s largest asset manager, has expressed concern that the U.S. GENIUS Act, which establishes a regulatory framework for dollar-pegged stablecoins, could disrupt the global payment system. The legislation, recently passed by the U.S. Senate and awaiting House and presidential approval, may spur widespread adoption of stablecoins, prompting fears of global 'dollarization' and potential threats to national monetary sovereignty. Amundi’s Chief Investment Officer, Vincent Mortier, warned that the surge in stablecoin use, expected by JPMorgan to reach $500 billion to $2 trillion, could lead to increased U.S. Treasury bond purchases, which may ironically weaken the dollar. Although stablecoins promise benefits such as easier access to dollars and streamlined payments, critics including Italy’s finance minister and the Bank for International Settlements argue they could bypass traditional banking systems, jeopardize monetary sovereignty, and lead to capital flight. Mortier emphasized the risk that stablecoins could act as 'quasi-banks,' undermining global financial stability, especially as 98% of stablecoins are dollar-pegged but mostly used outside the U.S. Amundi currently holds no crypto assets and remains cautious about stablecoins’ broader implications. https://en.wikipedia.org/wiki/GENIUS_Act - The GENIUS Act, enacted in July 2025, is a U.S. federal law that aims to create a comprehensive regulatory framework for stablecoins. Stablecoins are a type of cryptocurrency that are backed by assets considered to be reliable, such as a national currency or a commodity. The act requires stablecoins to be backed one-for-one by U.S. dollars or other low-risk assets, establishing stringent standards for reserves, audits, and transparency. It serves as a first step in establishing dual federal and state supervision and consumer protection. The act was introduced by Senator Bill Hagerty (R–TN) and passed both the Senate and the House before being signed into law by President Donald Trump on July 18, 2025. https://www.forbes.com/sites/tonyaevans/2025/03/13/genius-act-clears-senate-banking-committee-what-it-means-for-stablecoins/ - The GENIUS Act, a bipartisan effort to regulate the stablecoin industry, has cleared the Senate Banking Committee. Introduced by Senator Bill Hagerty (R–TN), the act aims to create a comprehensive regulatory framework for stablecoins, including requirements for stablecoin issuers to maintain 1:1 reserves in U.S. dollars or highly liquid assets. The act also addresses the regulatory oversight of stablecoin issuers, with provisions for both federal and state-level regulation, depending on the size of the issuer. The passage of the act in the Senate Banking Committee marks a significant step in U.S. crypto policy, though its path to becoming law remains uncertain. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 9 Notes: The narrative presents recent developments, including Governor Andrew Bailey's comments on stablecoin regulation from October 1, 2025, and the GENIUS Act signed into U.S. law in July 2025. The earliest known publication date of similar content is October 1, 2025, indicating high freshness. The narrative is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found. No recycled content from low-quality sites or clickbait networks was identified. The inclusion of updated data alongside older material is noted, but the update justifies a higher freshness score. Quotes check Score: 10 Notes: Direct quotes from Governor Andrew Bailey and other individuals are consistent with their known statements from October 1, 2025. No earlier usage of these quotes was found, indicating originality. Source reliability Score: 8 Notes: The narrative originates from ATM Marketplace, a reputable source in the financial industry. While not as widely known as some major outlets, it is considered reliable. The report includes references to Reuters, enhancing its credibility. Plausability check Score: 9 Notes: The claims about the Bank of England's stance on stablecoins align with recent developments, including Governor Bailey's comments from October 1, 2025. The GENIUS Act, signed into U.S. law in July 2025, is accurately referenced. The narrative maintains a consistent tone and structure, with no excessive or off-topic details. The language and tone are appropriate for the topic and region. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: The narrative is fresh, original, and plausible, with no significant issues identified. It accurately reflects recent developments regarding the Bank of England's stance on stablecoins and the GENIUS Act.

As asset tokenization accelerates globally, industry experts highlight the transformative potential and regulatory challenges of this emerging market, which could reach up to $30 trillion by 2030.Asset tokenization is quickly becoming a key method for changing how ownership and liquidity work in traditional markets. Basically, by turning physical or intangible assets—things like real estate, commodities, stocks, and even art—into digital tokens stored on blockchain networks, companies and investors get things like more transparency, divisibility, and access across borders. Industry watchers believe this market for tokenized assets could grow a lot over the next ten years, although estimates are all over the place, which makes sense given how new and evolving this space really is. According to a detailed industry report, getting a platform for asset tokenization off the ground isn’t just about minting tokens and hooking up wallets. It requires a careful, compliant approach—something much more structured. With the EU’s Markets in Crypto-Assets Regulation (MiCA) due to fully roll out by 2025 and the interest from big institutional players gaining momentum worldwide, having a clear roadmap that addresses legal compliance, technology choices, security, and investor engagement becomes absolutely essential. This way, platforms can grow effectively, stay secure, and meet regulatory and investor requirements from the very beginning and as they evolve. Looking at the market potential, projections are pretty eye-opening. McKinsey & Company believes that the market for real-world assets (RWA) that are tokenized might hit around $2 trillion by 2030. But, they also admit that adoption might be slow at first—mainly because traditional financial infrastructure is tricky to upgrade and navigating regulations isn’t simple. On the other hand, Chainlink, which specializes in decentralized oracles, is more optimistic, suggesting the market could explode to $10 trillion by 2030, thanks to growing institutional interest and clearer regulations boosting confidence. Similarly, digital asset manager 21.co points out a broad range, from about $3.5 trillion in a conservative view to potentially $10 trillion if things go really well, indicating how traditional investments and blockchain tech are merging. Some estimates go even further. Standard Chartered predicts the market could reach a jaw-dropping $30 trillion by 2030, which would really shake up global access, liquidity, and efficiency. Of course, the huge differences—from $2 trillion all the way to $30 trillion—highlight both the enormous growth opportunity and the many uncertainties about how fast things will move, how regulators will respond, and how quickly the necessary tech will develop. Getting tokenization right depends a lot on clearly defining which assets you want to target early on, as well as figuring out the best ownership models. Real estate remains the most common sector being tokenized, mainly through platforms that fractionalize property ownership. But interest is rising also in commodities – like gold and oil – as well as equities and even intellectual property rights. Different ownership structures are being used—ranging from fractional shares that allow smaller stakes, debt tokens that act as evidence of lending, utility tokens that give access rights, or security tokens that line up with traditional securities regulations. The specific assets and models you pick will have a big impact on how well your platform complies, how attractive it is to investors, and how easily the assets can be bought and sold. So, it’s crucial to align your business goals with the legal requirements of the jurisdictions you plan to operate in. Jurisdictional factors are among the trickiest parts, no doubt. The U.S. SEC has strict securities laws that apply heavily to tokenized assets—especially security tokens. Conversely, the EU’s MiCA framework aims to provide clearer rules for crypto-assets, starting in 2025, which should make compliance somewhat easier for platform operators in Europe. Meanwhile, countries like Singapore are proactively creating friendly environments for security tokens through their regulators, like the Monetary Authority of Singapore (MAS). In all cases, having strong Know Your Customer (KYC) and Anti-Money Laundering (AML) processes is absolutely vital—not only to prevent fraud but also to attract serious institutional investors. Licensing, privacy regulations such as GDPR, and partnerships with licensed custodians or brokers add extra layers of complexity—yet also legitimacy—to platform offerings. From a tech standpoint, developers face big choices around blockchain selection, token standards, and scaling solutions. Public blockchains such as Ethereum, Polygon, and Solana are popular because of their transparency and huge user bases. Still, private or consortium chains sometimes make more sense—especially for institutional clients—since they offer more control and privacy. The most common standards like ERC-20 handle fungible tokens, while more specialized options like ERC-1400 cater to security tokens that need to meet compliance rules. Scalability remains a key concern—layer-2 solutions and alternative chains are often used to support high throughput and low transaction fees, which are necessary for retail investors. Smart contracts are at the heart of ensuring compliance and smooth operations. They embed regulatory rules right into the tokens—for example, transfer restrictions, whitelisting, or automated dividend payments. These features not only lower risks but also boost investor confidence by automating what used to be manual financial processes transparently. It's crucial to conduct rigorous internal testing and get external audits from specialists to make sure everything is secure and functioning correctly. Even after launch, continuous oversight, using advanced security tools and hardware modules for key management, helps protect the platform from cyber threats. To maintain trust and legitimacy, tokenized assets need clear links between on-chain data and real-world assets. For physical assets like property or commodities, working with licensed custodians and trusted oracles (which verify things like prices) is critical for keeping tokens reliable. Insurance coverage or escrow accounts add extra safeguards for investors, protecting against operational mishaps or custodial issues. Getting mainstream adoption requires a focus on user experience. Platforms should incorporate features like simple investor dashboards, secondary markets for trading to boost liquidity, automated compliance workflows, multiple wallet options, and straightforward fiat-to-crypto gateways. All of these help make the onboarding and trading process smooth—just like in traditional financial markets. Before launching, best practices include successful testing—using testnets, running load tests, and performing compliance simulations. Engaging real users in beta testing helps reveal gaps or issues early on. Marketing the platform transparently and building trust are also vital for attracting investors quickly. Listing tokens on secondary exchanges or regulated marketplaces increases liquidity and helps determine fair prices, both essential for a healthy ecosystem. It’s worth noting that the landscape—both regulatory and technological—is constantly shifting. Platforms need to stay agile, updating compliance protocols regularly and expanding functionality over time. The goal isn’t just to launch but to build resilient, investor-friendly systems that use blockchain innovation to unlock a massive, trillion-dollar marketplace of tokenized assets in the coming years. Altogether, creating a successful asset tokenization platform involves multiple disciplines—careful asset choice, rigorous legal compliance, cutting-edge tech implementation, strong security measures, and features tailored for investors. By following a thorough, well-rounded checklist covering all these areas, businesses can confidently step into a fast-growing market poised to transform the financial landscape by 2030 and beyond. Source: Noah Wire ServicesVerification / Sources https://medium.com/coinmonks/how-to-create-a-complete-checklist-for-asset-tokenization-platform-development-637036b227b8?source=rss----721b17443fd5---4 - Please view link - unable to able to access data https://cointelegraph.com/news/asset-tokenization-rwa-2-trillion-2030-mckinsey - McKinsey & Company analysts predict that the market for tokenized real-world assets (RWAs) could reach $2 trillion by 2030, despite a 'cold start' in adoption. They note that while tokenization is gaining momentum, broad adoption remains distant due to challenges in modernizing existing financial infrastructure, especially in regulation-heavy industries like financial services. The analysts anticipate that cash and deposits, bonds, and exchange-traded notes (ETNs) will see meaningful adoption first, potentially reaching a $100 billion tokenized market capitalization by 2030. (cointelegraph.com) https://cointelegraph.com/news/chainlink-forecasts-10-trillion-tokenized-asset-market-by-2030 - Chainlink, a decentralized oracle provider, forecasts that the global tokenized asset market could surge to $10 trillion by 2030. The report highlights that institutional adoption and regulatory advancements are driving the rise of tokenized assets, despite recent cryptocurrency market volatility. The current value of tokenized assets is approximately $118.57 billion, with Ethereum dominating the market, holding 58% of all tokenized assets. The report also notes that tokenization can bring liquidity to traditionally illiquid assets like real estate and private equity by representing them as digital on-chain tokens. (cointelegraph.com) https://market.us/report/tokenized-assets-market/ - The global tokenized assets market is projected to reach approximately $2,832.3 billion by 2034, growing at a compound annual growth rate (CAGR) of 60% from 2025 to 2034. In 2024, North America held a dominant market position, capturing more than a 38.8% share, with $10.01 billion in revenue. The market encompasses systems, platforms, and services that convert ownership rights of real-world or financial assets into digital tokens recorded on a blockchain or distributed ledger. These tokens represent fractional ownership, claims, or securities linked to assets like real estate, commodities, private credit, real-estate investment trusts, art and collectibles, equity, and other instruments. (market.us) https://www.assettokenization.com/resources/asset-tokenization-forecasts-range-from-2t-to-30t-by-2030 - Forecasts for the asset tokenization market by 2030 vary dramatically, from McKinsey’s $2 trillion to Standard Chartered’s bold $30 trillion prediction, suggesting a 100x growth from today. These forecasts indicate that tokenization could fundamentally reshape global market access, opening unusual liquidity, efficiency, and opportunities across asset classes from bonds to private equity and infrastructure. The article compares major forecasts, explains their gaps, and discusses their implications for institutions, regulators, and investors worldwide. (assettokenization.com) https://www.coindesk.com/markets/2023/10/17/tokenized-rwas-could-grow-to-a-10t-market-by-2030-as-crypto-converges-to-tradfi-report?ref=newsletter.treehouse.finance - Digital asset manager 21.co reports that the market for tokenized assets could grow to as large as $10 trillion in this decade as traditional financial (TradFi) institutions continue to adopt blockchain technology. The report estimates that the market value for tokenized assets will be between $3.5 trillion in the bear-case scenario and $10 trillion in the bull case by 2030. The convergence between crypto and traditional asset classes, including fiat currencies, equities, government bonds, and real estate, is experiencing unprecedented growth. (coindesk.com) https://clearingandsettlement.com/members/admin/activity/44157/ - The article discusses the varying forecasts for the asset tokenization market by 2030, ranging from McKinsey’s $2 trillion to Standard Chartered’s $30 trillion prediction. It highlights that these forecasts matter because tokenization could fundamentally reshape global market access, opening unusual liquidity, efficiency, and opportunities across asset classes from bonds to private equity and infrastructure. The article compares major forecasts, explains their gaps, and shows their meaning for institutions, regulators, and investors worldwide. (clearingandsettlement.com) Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 8 Notes: The narrative appears to be original, with no evidence of prior publication. The article was published on Medium on October 3, 2025, and does not appear to be republished across low-quality sites or clickbait networks. The content is based on a press release, which typically warrants a high freshness score. There are no discrepancies in figures, dates, or quotes compared to earlier versions. The article includes updated data but does not recycle older material. Quotes check Score: 10 Notes: The article does not contain any direct quotes, indicating potentially original or exclusive content. Source reliability Score: 6 Notes: The narrative originates from a Medium post by Coinmonks, a non-profit crypto educational publication. While Medium is a reputable platform, the specific publication's credibility is uncertain due to its non-profit status and lack of verifiable information about Coinmonks. This raises potential concerns about the reliability of the information presented. Plausability check Score: 7 Notes: The claims regarding the growth of the tokenized asset market are plausible and align with projections from reputable sources. For instance, McKinsey & Company estimates that the tokenized market capitalization could reach around $2 trillion by 2030, excluding cryptocurrencies and stablecoins. However, the article's tone and language are consistent with typical corporate or official language, and there are no excessive or off-topic details unrelated to the claim. Overall assessment Veredict (FAIL, OPEN, PASS): OPEN Confidence (LOW, MEDIUM, HIGH): MEDIUM Summary: The narrative presents plausible claims about the growth of the tokenized asset market, supported by projections from reputable sources. However, the source's reliability is uncertain due to the lack of verifiable information about Coinmonks. The absence of direct quotes suggests original content, but the overall assessment remains open with medium confidence due to the source's credibility concerns.

Since its inception in September 2021, Bitfinex Securities has significantly advanced the adoption of regulated tokenised financial instruments, securing licences and executing landmark issuances that push traditional markets towards blockchain innovation.Since it first entered the scene in September 2021, Bitfinex Securities has established itself as a pioneer in the realm of tokenised securities, especially focusing on the regulated issuance and trading of both debt and equity instruments. Situated at the intersection of blockchain technology and traditional finance, it has propelled the adoption of tokenised financial tools within regulated frameworks. This development strongly indicates that digital assets and conventional capital markets are progressively converging. The company began its operations within the Astana International Financial Centre (AIFC) in Kazakhstan, choosing this jurisdiction because it offers a regulatory sandbox designed to foster fintech innovation. This environment allowed them to experiment with issuing and trading tokenised securities under supervision, helping to shape future licensing standards. Recently, Bitfinex Securities has been working towards acquiring a full AIFC licence, transitioning from the sandbox to a fully licensed status, which would enable more permanent and institutional-grade operations to support sustained growth. A significant milestone was achieved in December 2023 when they facilitated a tokenised debt issuance with Mikro Kapital, a microfinance entity. This issuance was part of Mikro Kapital’s ALTERNATIVE securitisation fund, raising over $5 million USDt on the Liquid Network. The bond, ALT2612, has a 36-month tenor and a 10% coupon, and its issuance demonstrated how tokenisation could be applied to real-world lending, providing a new avenue for capital raising for businesses and alternative assets. The platform’s innovative approach allows investors to hold and trade securities peer-to-peer on the blockchain, combining regulatory compliance with blockchain-based trading. Building on this momentum, Bitfinex Securities expanded its offerings with additional bonds from Mikro Kapital, including an 11-month and a 36-month tenor with coupon rates of 10% and 13.5%, respectively. These bonds support microfinance and shared economy projects across emerging markets such as Central Asia and Europe, further demonstrating the platform’s commitment to channeling investments into small businesses and entrepreneurs. Beyond Kazakhstan, the company made a consequential move into El Salvador. In January 2024, Bitfinex Securities became the first fully regulated digital assets exchange licensed under El Salvador’s Digital Asset Securities Law. This licence aligns with El Salvador’s broader strategy to position itself as a hub for Bitcoin innovation, especially after adopting Bitcoin as legal tender. Operating within this regulatory environment enhances the platform’s ability to develop tokenised securities in conjunction with the country’s vision for digital financial inclusion. Over time, Bitfinex Securities has diversified its product suite beyond debt instruments, including secondary trading of the Blockstream Mining Note (BMN) and collaborations with European partners like Alternative in Luxembourg to introduce structured offerings. This growth has created a robust pipeline of tokenised securities across various sectors, positioning the platform as a significant player in the emerging asset class of tokenised securities. Financially, the platform has demonstrated strong growth, now managing close to $250 million in assets under management. This impressive figure underscores the increasing demand for regulated tokenised securities among issuers and investors alike. The platform’s ability to offer efficiency, transparency, and global access makes it an attractive alternative to traditional financial instruments. Looking forward, Bitfinex Securities aims to continue obtaining full licensing in key jurisdictions and to enhance its offerings in the tokenised debt market. Its strategic positioning and regulatory progress are poised to attract more institutional participants, thereby advancing the shift of tokenised securities from experimental projects to mainstream asset classes. This evolution could radically reshape the issuance and trading of debt, equity, and other financial instruments, leveraging blockchain technology to foster a more efficient, transparent, and global capital market ecosystem. Source: Noah Wire ServicesVerification / Sources https://blog.bitfinex.com/securities/bitfinex-securities-milestones/ - Please view link - unable to able to access data https://blog.bitfinex.com/securities/bitfinex-securities-milestones/ - Bitfinex Securities has been instrumental in advancing tokenised financial instruments, establishing itself as a leading platform for issuing and trading tokenised securities. Since its launch in September 2021, it has achieved significant milestones, including the first tokenised debt offering with Mikro Kapital, expansion into El Salvador, and nearing $250 million in assets under management. The platform continues to bridge digital asset infrastructure with traditional markets, fostering the adoption of tokenised securities globally. https://blog.bitfinex.com/media-releases/first-tokenised-bond-raises-more-than-5m-usdt-on-bitfinex-securities/ - In December 2023, Bitfinex Securities successfully facilitated the issuance of ALT2612, a tokenised bond by Mikro Kapital's securitisation fund, ALTERNATIVE. The bond raised over $5 million USDt, marking a significant milestone in the microcredit industry. With a 36-month tenor and a 10% coupon, the bond was issued on the Liquid Network, enabling regulatory compliance while allowing investors to self-custody and trade securities peer-to-peer. https://blog.bitfinex.com/bitfinex-securities/bitfinex-securities-1st-anniversary-highlights-and-outlook/ - Celebrating its first anniversary, Bitfinex Securities reflects on its achievements, including the successful execution of its first primary issuance and the launch of secondary trading for the Blockstream Mining Note (BMN). The platform has expanded its team, established robust assessment and listing processes, and developed a pipeline of tokenised securities across various sectors, positioning itself as a key player in the tokenised securities market. https://blog.bitfinex.com/media-releases/bitfinex-securities-approaches-250-million-tokenised-securities-milestone-and-sets-out-plans-to-attain-full-astana-international-finance-centre-licence/ - As of September 2025, Bitfinex Securities is on track to reach $250 million in tokenised assets and is applying to transition from the Astana International Finance Centre’s (AIFC) FintechLab to an Authorised Investment Exchange. The platform has issued $206 million worth of tokenised securities, including Mikro Kapital’s regular tokenised bond programme and the first Blockstream Mining Note, demonstrating significant growth and regulatory progress. https://blog.bitfinex.com/bitfinex-securities/bitfinex-securities-receives-first-digital-asset-license-in-el-salvador/ - In January 2024, Bitfinex Securities became the first fully regulated digital assets exchange to receive a Digital Asset licence in El Salvador. This licence, issued under the country's new Digital Asset Securities Law, enables Bitfinex Securities to offer tokenised securities in a regulated environment, aligning with El Salvador's vision to position itself as a hub for Bitcoin innovation and financial inclusion. https://cryptoslate.com/bitfinex-securities-issues-new-tokenized-bonds-to-support-microfinance-projects/ - Bitfinex Securities has launched two new tokenised bond issues under Mikro Kapital’s securitisation fund, ALTERNATIVE. These bonds, with 11-month and 36-month tenors and coupon rates of 10% and 13.5% respectively, aim to raise between $500,000 and $10 million USDt. The proceeds will support microfinance and sharing economy projects, assisting small businesses and entrepreneurs in emerging markets, particularly in Central Asia and Europe. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 8 Notes: The narrative was published on 3 October 2025, with a similar report published on 8 September 2025. The earliest similar content is from 8 September 2025. The report includes updated data but recycles older material, which justifies a higher freshness score but warrants further scrutiny due to discrepancies and recycled content. The narrative is based on a press release, typically indicating high freshness, but the presence of recycled content and inconsistent figures merits cautious interpretation. Quotes check Score: Notes: Source reliability Score: Notes: Plausability check Score: Notes: