Converge Newsletter
A weekly briefing and in-depth analysis on the highest-signal RWA, tokenization, stablecoin, and financial convergence news.
Featured issues

AMC Demands Robinhood Halt Its Stock Token
Plus 21 banks commit to a joint dollar stablecoin, the SEC's rules for onchain share registers, and Franklin Templeton's Benji from the inside

A Tokenized-Stock Stack Assembles on Base
Plus 39 state banking groups plan shared rails for tokenized deposits, the SEC's token rulebook, and Maple's Sid Powell on on-chain lending
Recent issues

AMC Demands Robinhood Halt Its Stock Token
Plus 21 banks commit to a joint dollar stablecoin, the SEC's rules for onchain share registers, and Franklin Templeton's Benji from the inside

A Tokenized-Stock Stack Assembles on Base
Plus 39 state banking groups plan shared rails for tokenized deposits, the SEC's token rulebook, and Maple's Sid Powell on on-chain lending

SEC Advances Tokenized Stock Exemption Allowing 24/7 Trading
Plus Tether's unpublished KPMG audit, and Robinhood Crypto's Head of Product on 200 million transactions in 30 days.

Circle Names Founding Validators for Permissioned Arc Blockchain
Plus, Wellington and Nomura put credit onchain, Wells Fargo tokenizes deposits.

Banks Racing to Own On-Chain Settlement Rails
Ten European banks launch a jointly owned settlement network; SoFiUSD goes live in commercial payments; and a card issuer's collapse shows what renting infrastructure costs.

Tokenized Stocks Hit Records as US Access Opens
Ondo's broker-dealer cleared to sell tokenized equities to Americans, Uniswap put allowlists onchain, and CLARITY heads into its last window before recess.

DTCC Goes Live With Tokenized Stocks and Treasuries
Plus Stripe's $53B bid for PayPal, Visa launches on Open USD, and our sit-down with DTCC Digital Assets.

Robinhood Chain's First Week Runs on Memecoins, Not RWAs
Plus an exclusive with Coinbase's Brian Foster, and JPMorgan's tokenized reserve fund quietly tripling.

Open USD Is Already Hurting Circle
Plus: the tokenizers go public, a stablecoin paywall for the agent web, and New York Life's junk bonds on-chain.

Tokenizing the Reserve, Banning the CBDC
Plus: MoneyGram's Anthony Soohoo on refounding an 85-year-old cash network from the backend up.