Securitize tokenizes 12 US stocks including Apple and Nvidia

Startale Japan has begun offering digital retail bonds with a 5% annual interest rate. Interest payments and redemption will use JPYSC, a trust-type yen-denominated stablecoin. The bonds are managed on infrastructure built with Hyperledger Fabric, while JPYSC is issued on Ethereum, meaning the bonds and the funds for interest payments do not sit on the same blockchain. The company sees the connection costs of horizontal specialization as a challenge, and has set out a vertical integration strategy that provides everything from base layers such as Strium, a blockchain dedicated to on-chain finance, through to JPYSC and wallets. This initiative is positioned as the current form of efforts to promote the adoption of JPYSC.

Startale Japan, the Japanese arm of the Startale Group, and Hakuhodo Key3 announced on October 5 that they will begin soliciting subscriptions on October 6 for the "Stablecoin Adoption Bond," a digital corporate bond that pays interest and redeems in JPYSC, Japan's first trust-type yen-denominated stablecoin. The issuer is Startale Japan, the offering amount is 99.9 million yen, and the interest rate is 5% per year, with the bonds offered to individual investors. On October 7, the Financial Services Agency updated its caution page on transactions with unregistered operators, adding the operators of IZAKA-YA and Bybit and others to its warning list of crypto-asset exchange operators. On October 6, nine companies including Sumitomo Mitsui Banking Corporation announced that they had completed the first two phases of Project Trinity, a proof-of-concept experiment to settle digital securities with stablecoins, verifying a delivery-versus-payment method that transfers securities and payment simultaneously. On October 8, the Ministry of Finance held the first meeting of its Study Group on On-Chain Government Bonds, which discusses the tokenization of government bonds, as scheduled, and published explanatory materials organizing on-chain government bond initiatives into three categories. In an October 5 speech, Michael S. Selig, chairman of the U.S. Commodity Futures Trading Commission, explained the joint interpretation of crypto assets compiled by the CFTC and the U.S. Securities and Exchange Commission, expressing the view that Bitcoin, Ethereum, XRP and others are "in principle not securities."

KDX ST Partners announced survey results on real estate digital securities, known as real estate ST, in a press release on the 9th. The survey covered 7,002 individual full members of the KDX ST app, compiling data as of Securities Investment Day on October 4, of whom 2,391 held real estate ST. Among holders, experience with physical stocks was heavily weighted toward long-term investors, with 573 having 10 to 20 years of experience, 511 having 20 to 30 years, and 649 having more than 30 years, while investment experience with real estate ST was most commonly less than one year, at 919 people, suggesting that those with long-term investment experience have recently begun adding it as one of their diversification targets. By income source, real estate ST holders stood at 19.7 percent for pension income, far above the 8.8 percent for full members overall, while interest and dividend income was 10.3 percent versus 5.5 percent and real estate income was 9.0 percent versus 4.0 percent, each roughly double the overall ratio. The most common investment objective was a focus on yield and capital gains, at 57.3 percent, and President Akihiro Nakao said real estate ST is beginning to be accepted as a new option for asset diversification.

On-chain trading volume for tokenized stocks rose 16.4% month-on-month in September to 15.6 billion dollars, a record high. CoinDesk reported the figure in a report published on October 6, noting it surpassed the previous peak of 15.4 billion dollars set in July. US brokerage app Robinhood took the top spot by trading volume, with its volume jumping 407% month-on-month to 6.57 billion dollars, lifting its market share from 9.7% in August to 42.0%. bStocks, which had led the previous month, saw its September volume fall 45.5% month-on-month to 5.42 billion dollars, giving it a 34.7% share and dropping it to second place behind Robinhood. Beyond trading, the market itself expanded, with the total market capitalization of tokenized stocks rising 13.7% month-on-month to a record 4.87 billion dollars.

Stellar has taken first place globally in daily institutional capital inflows into tokenized investment funds, overtaking Ethereum. According to data from RWA.xyz and Token Terminal, net inflows into Stellar-based investment funds totaled $17.1 million over the past 24 hours, compared with $16.0 million for Ethereum and $5.9 million for Polygon. The shift comes amid a $4 billion surge in the real-world asset sector.