The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead.

Dinari, an issuer of tokenized U.S. equities, and tZERO Group, a blockchain-based financial infrastructure provider, said Wednesday they are partnering to build an operating framework that would let broker-dealers offer tokenized U.S. stocks.

Securitize put its own newly listed common stock onchain the same day SECZ began trading on the NYSE, launching tokenized shares on Avalanche and Solana through its regulated platform.

New York Life Investment Management is tokenizing a high-yield corporate bond strategy for the first time, partnering with Centrifuge on the NYLIM Anemoy fund settled in USDC.

A consortium of more than 140 financial and technology companies introduced Open USD, a dollar stablecoin whose reserve earnings and governance are designed to flow to the businesses that adopt it rather than to a single issuer.

BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.

Chainlink and a multinational consortium of more than 50 banks across 16 countries launched Project Pangea at Point Zero Forum in Zurich, targeting real-time atomic settlement for the $9.6 trillion-a-day global foreign exchange market via Chainlink rails, Swift messaging, and regulated EUR and KRW stablecoins.

Ripple's RLUSD stablecoin went live in Japan on Tuesday after receiving approval from Japan's Financial Services Agency, becoming the first foreign-issued stablecoin classified under Japan's revised Payment Services Act.

Distributed tokenized real-world asset value slipped about 1.4% over the past month to roughly $31.5 billion, the first monthly decline of its institutional-led run, even as the number of holders climbed 14%, led by tokenized stocks, according to data from rwa.xyz.

Securitize, the tokenization platform behind BlackRock's BUIDL fund, is set to begin trading on the NYSE on July 2 under the ticker SECZ after a SPAC merger with Cantor Equity Partners II that raised over $400 million, including an oversubscribed $225M PIPE.