Archax has added Chainlink Data Streams pricing to GOVY, its tokenised US Treasury product, as DIGIT, the Lloyds survey and the UK Finance report show where UK collateral plans stand.

Goldman Sachs, Wells Fargo and Morgan Stanley called tokenisation a growth opportunity on their third quarter earnings calls, while Deutsche Bank Research framed it as a modernisation of existing intermediaries. None described a product for private company shares.

A technology label does not decide regulatory status. A supplier first needs to establish its own position, then prepare for what its regulated customers must be able to show about it.

BNY says it completed a triparty repo using a tokenised two-year US Treasury note, settled in minutes rather than a day. What was not disclosed matters as much as what was.

Federated Hermes plans its first tokenised fund share classes for early 2027, issued itself and sold through existing brokerages. The funds and blockchains are not yet named.

The FCA has published advance information on its cryptoasset application form, and the September revision adds five items. The harder task is making the permissions, business plan, forecasts and custody model describe the same business.

A forward looking, practical guide to tokenised cap tables for founders and investors, covering what they record, the benefits, the downsides and the steps to adopt one.

The prudential rules set a minimum. The firm's own risk assessment may set a higher figure. The funding plan has to keep both in place from authorisation onwards. These are three separate questions, and a founder needs an answer to each.

Six months after a poll of UK founders and investors on equity tokenisation, the plumbing has arrived but the case studies have not. Who is ready, who should wait, and what comes next.

CASS 6 already sets the baseline for holding tokenised securities. What is still to come is an additional framework specific to them. A platform can design and test its custody model now, without waiting for that framework.

Family offices are moving earlier into venture but wait 15 to 16 years for cash. Startups are the stage where secondary liquidity can be designed in from the start.

FCA director Jon Relleen told a capital markets summit on 5 October that PISCES has four authorised operators and seven transactions, that the DIGIT digital gilt is due early next year, and that a joint tokenisation roadmap is coming in the next few weeks.

Spiko, the London and Paris tokenised cash fund issuer, raised a $90 million Series B led by NEA on 6 October 2026, taking its total funding to $120 million.

Ondo Finance launched Ondo Private Markets on 6 October 2026, tokenised notes that track private company share values at liquidity events but carry no ownership rights.

Isabel Schnabel of the ECB presented three ways to put central bank money on a distributed ledger at the Bank of England on 1 October 2026. The slides rank none of them and set no date for a choice.

Lloyds polled 100 senior leaders at the UK's largest financial institutions and found technology investment priorities rising fast. The survey measures expectation, not live use.

FS26/1 changes no rules. Its value to a founder or platform is that it shows which parts of a tokenisation plan can go ahead on today's rules, and which still depend on decisions to come.

Chris Woolard has spent most of his career deciding how UK financial markets get regulated. This month he published his first report on how they get rebuilt.

It has been a fast few weeks for anyone trying to keep up with UK tokenised equity, SEIS reform talk and the early life of PISCES. Today's brief is a lighter one on breaking news, so it felt like the right moment for a pause and a quiz rather than another headline. Ten questions on where things actu

A $20 million fund financing UAE small businesses through Luxembourg-issued notes on the Canton Network is Black Manta's second tokenisation deal since mid-August, and the clearest sign yet of a firm using one regulatory toolkit to reach further asset classes and geographies.