Six Canadian banks join forces to roll out tokenized deposits—said just yesterday that Hana Bank issued bonds, and today I see Canada’s six largest banks moving together. With all six pushing at the same time, it suggests this isn’t just a one-off pilot by one or two institutions, but the entire banking system moving toward standardization. Once tokenized deposits reach scale, the old interbank clearing system will really need to be upgraded. I originally thought RWA was moving faster on the bond side, but now it looks like the deposit side is catching up too.
Arch Lending is targeting the market for using tokenized stocks as collateral—this path is pretty smooth. Once bonds get tokenized, stocks follow, and then they’re used as collateral for lending. In other words, after real-world assets get tokenized, you build an entirely new lending infrastructure again. If the debt side is already working, the equity side will follow—this could mean a shake-up for the lending market.
BlackRock says AI-driven crypto demand has been underestimated—I believe that. But what concerns me more is that OpenAI and Anthropic have gone to the UN Security Council to talk about AI risks. Put the two together: the AI bubble and the threats to the world are being discussed everywhere, but the question of how AI actually drives crypto demand isn’t being seriously unpacked by many. Big institutions say it’s underestimated, but their actions show they’re quietly setting up plans behind the scenes.
Arch Lending is targeting the market for using tokenized stocks as collateral—this path is pretty smooth. Once bonds get tokenized, stocks follow, and then they’re used as collateral for lending. In other words, after real-world assets get tokenized, you build an entirely new lending infrastructure again. If the debt side is already working, the equity side will follow—this could mean a shake-up for the lending market.
BlackRock says AI-driven crypto demand has been underestimated—I believe that. But what concerns me more is that OpenAI and Anthropic have gone to the UN Security Council to talk about AI risks. Put the two together: the AI bubble and the threats to the world are being discussed everywhere, but the question of how AI actually drives crypto demand isn’t being seriously unpacked by many. Big institutions say it’s underestimated, but their actions show they’re quietly setting up plans behind the scenes.