tokenization

Block & Bond Brief ā€” June 7, 2026

Block and Bond

ā€” 2 min read
Share

Your daily edge on tokenized securities and real-world assets ā€” 2026-06-07

šŸ“Œ TOP STORY

JPMorgan's Kinexys unit, Ondo Finance, and Chainlink successfully completed the first cross-chain Delivery versus Payment (DvP) test transaction on Ondo Chain's testnet in May 2025. The test represented a major milestone in blockchain settlement for tokenized real-world assets, showcasing the potential for streamlined and secure payments across public and permissioned blockchains. This collaboration highlights the future of on-chain finance involving institutions, driven by secure cross-chain orchestration from Chainlink and innovative payment infrastructure from Kinexys and Ondo Finance. (ground.news)

šŸ¦ COMPANY MOVES

  • Ondo Finance ā€” Now offering proxy voting for holders of $700M in tokenized equities, aligning tokenized stocks and ETFs with traditional brokerage assets for enhanced governance and regulatory clarity. MetaMask integration expands access to tokenized US stocks for non-US users. Ondo also secured Liechtenstein regulatory approval under the EU MiCA framework to offer tokenized stocks and ETFs across 30 European countries. (crypto.com)
  • BlackRock BUIDL ā€” Continues growing with $2.95B AUM on Ethereum and Aptos chains, solidifying presence in the tokenized asset space. (marketbeat.com)

āš–ļø REGULATORY WATCH

SEC concluded an investigation into Ondo Finance's tokenized equity platform without filing charges, marking improved regulatory clarity for on-chain real-world assets. Financial authorities in South Korea announced measures easing regulations on network separation to better protect against AI-related security threats, focusing initial deregulation efforts on major financial companies. (crypto.com, mk.co.kr)

šŸ“Š MARKET SNAPSHOT

ProtocolAUMChain(s)
Tether Gold$3.07BEthereum/Monad
BlackRock BUIDL$2.95BEthereum/Aptos
Circle USYC$2.83BBinance/Ethereum
Ondo Yield Assets$2.63BEthereum/Stellar
Paxos Gold$1.99BEthereum
Maple$1.87BEthereum/Solana
Centrifuge Protocol$1.38BEthereum/Avalanche
Spiko$1.16BStellar/Arbitrum
Ondo Global Markets$1.01BEthereum/Binance
Ethena USDtb$1.01BEthereum

Data via DeFiLlama  2026-06-07 05:00 ET

šŸ” WORTH WATCHING

Tokenized assets continue gaining regulatory clarity and technological integration, with increasing institutional adoption driving innovations such as proxy voting on tokenized stocks and seamless cross-chain settlements. Ondo Finance exemplifies this trend with its recent Liechtenstein approval under MiCA and its collaboration with JPMorgan and Chainlink on Delivery versus Payment on blockchain.

šŸ“š SOURCES

Block & Bond ā€” your daily edge on tokenized securities & real-world assets. | blocknbond.xyz

Read more