token

According to GMGN data, the market capitalization of the BSC chain token BEM briefly surpassed 8 million USD, currently reported at 7.54 million USD, with a 24H increase of 115.6%.It is reported that BEM is the core token of the TapeOut protocol, and users can continuously produce BEM through mining machines. The price of meme coins is highly volatile, and investors are advised to participate with caution.

According to on-chain analyst Ai Yi's monitoring, the LSK project's associated address deposited 3.29 million tokens to Binance 5 hours ago, valued at 3.79 million USD; this deposit occurred after the first rapid decline of LSK (from 2 USD to 1 USD), and shortly after the deposit, a second wave of plummet occurred (from 1.22 USD to 0.7 USD), now rebounding to 1.17 USD.

According to The Defiant, Daniele Sesta announced the deployment of the self-developed automated market maker Equilibra on the Robinhood Chain, stating that the product belongs to the HeyAnon project token ANON.Driven by this, the price of ANON surged approximately 220% within 24 hours, rising from $0.2159 to $1 at one point, currently around $0.6967, with a trading volume of $3.2 million, about 15 times that of the previous day. ANON's circulating market cap is approximately $10.7 million, with a circulating supply of 15.3 million tokens and a total supply cap of 21 million tokens. Its main liquidity is concentrated on decentralized trading platforms such as Ethereum's Uniswap V3 and Solana's Raydium, and it is also listed on centralized exchanges like MEXC, Gate, and KCEX.

Token Terminal data shows that the daily trading volume of tokenized stocks on Base has surpassed 100 million USD for the first time, setting a historical high.The cumulative trading volume over the past 30 days is approximately 730.9 million USD, with Aerodrome contributing about 557.1 million USD, accounting for approximately 76%.

According to Ledger Insights, the European Securities and Markets Authority (ESMA) recently published the "Trends, Risks, and Vulnerabilities Report for the First Half of 2026," in which digital assets and prediction markets occupy three chapters. Regarding crypto assets, the report warns that the increasing ties between cryptocurrencies and the traditional financial sector pose risks. Concerning tokenization, the report points out that issuing different tokenized versions of the same stock may lead to fragmented liquidity.As for prediction markets, the report believes that prediction markets have not yet seen significant development in Europe. This is because major platforms do not yet hold EU licenses, and in most cases, they need to obtain licenses. The European Securities and Markets Authority (ESMA) outlines some potential advantages of tokenization, including increased efficiency, expanded investor access, programmability, and atomic settlement. On the other hand, ESMA also questions how much these advantages are actually realized within these encapsulated structures.Since the ownership of the underlying stocks is off-chain, there is no single data source on-chain, and self-custody can only be achieved indirectly through these structures. Tokenization structures also introduce additional layers of intermediaries, leading to complexity and risk. The settlement advantages are also difficult to realize. Even if token transfers occur on-chain, the cash portion of the transaction is usually settled separately, whether through bank payments or other channels. This means that for certain transactions, the promised atomic settlement (i.e., simultaneous delivery of securities and cash) has not yet been achieved.

AMC CEO Adam Aron once again criticized Robinhood's stock token business in a post, raising several questions to Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher. Aron stated that stock tokens violate the fundamental concept of stock ownership and questioned why Robinhood continues to heavily promote stock tokens on its U.S. site when it cannot provide relevant products to U.S. users.Aron also questioned whether stock tokens might lead buyers to mistakenly believe they have the same rights as actual shareholders, as well as the 1:1 stock support mechanism: if some of the underlying real stocks used to support the stock tokens are simultaneously lent to short sellers, can the related tokens still be considered truly 1:1 supported? Aron further criticized Robinhood for conducting related business through a Jersey entity, stating that while stock tokens may represent innovation in Robinhood's view, in his view, "it will only bring shame to Robinhood."Yesterday, Robinhood co-founder Vlad Tenev published a lengthy article outlining Robinhood's vision of enabling global investors (especially non-U.S. users) to gain exposure to U.S. stocks and ETFs through blockchain, and he focused on the question of whether issuers need to agree to the tokenization of stocks.

According to the token unlock data from the crypto asset data platform RootData, Bedrock (BR) will unlock approximately 40.63 million tokens at 12:00 PM Beijing time on September 20, with a value of about 10.34 million USD.

According to the token unlocking data from the crypto asset data platform RootData, Kaito (KAITO) will unlock approximately 12.11 million tokens at 12:00 PM Beijing time on September 20, with a value of about 3.74 million USD.

According to token unlocking data from the crypto asset data platform RootData, LayerZero (ZRO) will unlock approximately 25.71 million tokens at 11:00 AM Beijing time on September 20, worth about 26.43 million USD.

According to the token unlocking data from the crypto asset data platform RootData, Sapien (SAPIEN) will unlock approximately 19.58 million tokens at 0:00 Beijing time on September 20, worth about 1.49 million US dollars.

According to token unlock data from the crypto asset data platform RootData, Lista DAO (LISTA) will unlock approximately 28.44 million tokens at 0:00 Beijing time on September 20, worth about 2.2 million USD.

In the RWA on-chain market, the scale of tokenized gold is 5.1 billion dollars, accounting for 11%. Among them, XAUT has a scale of 2.7 billion dollars, PAXG is 1.9 billion dollars, followed by KAU at 230.8 million dollars, PGOLD at 85.1 million dollars, and XAUM at 66.1 million dollars.

According to Token Terminal data, the number of tokenized stock asset holders has increased by 619.1% over the past 90 days to 3.6 million. BNB Chain leads with 1.5 million, followed closely by Robinhood Chain with 1.2 million, and Solana with 647,500.Token Terminal indicates that distribution channels are rapidly becoming a key battleground for tokenized stocks.

The Office of the Superintendent of Financial Institutions (OSFI) in Canada stated on Thursday that tokenized deposits are legally indistinguishable from traditional deposits, and noted that the underlying technology used in financial products or services does not determine their legal nature.OSFI indicated that financial institutions can conduct tokenized deposit business under existing financial regulatory laws without the need to establish additional regulatory provisions. Financial institutions and third parties acting on their behalf must ensure that their operations comply with applicable laws and regulations. OSFI requires financial institutions to communicate in advance with the OSFI supervisor responsible for regulation before launching new products or services, and recommends seeking legal advice prior to going live. The agency oversees nearly 350 financial institutions and 1,200 pension plans.

According to the token unlocking data from the crypto asset data platform RootData, RateX (RTX) will unlock approximately 2.81 million tokens at 9:00 AM Beijing time on September 19, with a value of about 1.98 million USD.

According to Onchain Lens monitoring, Hyperliquid has repurchased and destroyed 32,770 HYPE at an average price of $81.01 over the past 24 hours, worth approximately $2.65 million.A total of 48.57 million HYPE has been destroyed, valued at approximately $3.82 billion at current prices, accounting for 4.86% of the maximum supply.

The wealthiest state in India, Maharashtra, is formulating policies to tokenize state government assets (including power transmission infrastructure), with the funds raised to be used for constructing new transmission lines and energy storage facilities. The Chief Minister's Chief Economic Advisor and CEO of the Maharashtra Transformation Institute (MITRA), Praveen Pardeshi, introduced this plan at an invitation-only event called "The Box Launch," hosted by the real estate tokenization company RealX and MST Blockchain at the Mumbai World Trade Center.Pardeshi stated that transmission lines could be partially tokenized, for example, 40% to 50%, allowing investors holding tokens to receive a portion of the revenue from Maharashtra Transco. The new funds generated from token sales could be used to build more transmission lines and solar energy storage centers. He pointed out that the state currently has a significant surplus of solar power but lacks the grid capacity to deliver it to where it is needed; distribution companies must pay high prices of 16 to 18 rupees per unit during peak hours, while the price during surplus periods on the power exchange is only 2 paise per unit.He also illustrated the practice of real estate tokenization with the example of the Mumbai Express Towers commercial building tokenized under a REIT structure, emphasizing that tokenization does not equate to privatization but rather allows more citizens to participate in the development activities of public asset creation. Additionally, the state is drafting the Maharashtra Digital and Land Token Asset Trading Act (DELTA Act), which, if passed, will make it the first state in India to legislate for blockchain-based property tokenization.

Community users discovered that Robinhood Crypto had previously launched an asset called "INDEX," but the development team seems to have confused it with another token, "Index Cooperative." Comparing the price charts of "Index Cooperative" within the Robinhood app and CoinGecko reveals that the trends of the two are not consistent, while the chart within the Robinhood app completely matches the recent all-time high and current price trend of the INDEX token.

The Securities and Exchange Board of India (SEBI) announced on Thursday that three issuers raised a total of 102.5 million rupees (approximately 10.72 million USD) through its Demat 2 pilot program by issuing tokenized corporate bonds. This pilot utilizes distributed ledger technology to issue, hold, and settle corporate bonds.REC Ltd. was the first to issue on September 7, raising 50 million rupees (approximately 5.23 million USD) from 18 investors; L&T Ltd. raised a similar amount from 4 investors on September 9, and IIFL raised 25 million rupees (approximately 2.6 million USD) from 1 investor on the same day. SEBI stated that the pilot infrastructure records corporate bonds in the form of native digital tokens on a distributed ledger owned by the depository and achieves atomic settlement of bonds and funds through a unified market interface connected to the Reserve Bank of India’s wholesale central bank digital currency.This mechanism can reduce settlement risks arising from the separation of securities and funds transfer, allowing issuers to receive funds on the same day as the bidding, whereas the existing process typically takes two to three days. The regulator noted that the information of bondholders on the shared ledger is instantly visible to all authorized entities, and at maturity, e₹ payments will go directly into the bondholders' central bank digital currency wallets. SEBI clarified that this pilot does not create a new category of corporate bonds; tokenized bonds retain the same ISIN, issuer obligations, coupon, maturity, covenants, ratings, and investor rights as traditional paperless bonds. The pilot will be implemented in three phases, with the first phase covering institutional issuance, while secondary trading and retail access will be conducted in subsequent phases within SEBI's regulatory sandbox.