
Bitwise and Superstate Move to Make BSOL the First ETF With Tokenized Shares
Bitwise plans to tokenize shares of its Solana Staking ETF with Superstate, letting holders choose DTC book-entry or on-chain form. It would be a US first.
Altcoins, ETH & general crypto

Bitwise plans to tokenize shares of its Solana Staking ETF with Superstate, letting holders choose DTC book-entry or on-chain form. It would be a US first.

BlackRock launched BSTBL on Ethereum and BRSRV across Solana, Ethereum and Tempo on 3 August, the latter built as a GENIUS Act-eligible stablecoin reserve.

A single weekly digest, relaying tracker data, marked a new high for tokenized real-world assets, with no asset-class breakdown and no second outlet carrying the print.

Ondo dropped the layer-1 chain it announced in February 2025 for a private execution layer that settles on public chains, starting with perps.

Amanah Advisors certified Tether's gold-backed XAU₮ as Shariah compliant, opening it to Islamic banks. Two sources give different figures for the token's size.

Abu Dhabi's Mubadala Capital put one of its private-markets strategies onchain with about $75M at launch, and Coinbase took exposure on its own balance sheet.

BlackRock's tokenized fund BUIDL went from about $464 million to over $900 million on Avalanche in seven days, close to a third of its $2.87 billion total.

Backpack began trading actual US shares every day of the year, starting with SpaceX, Micron and SanDisk, convertible 1:1 into tokenized versions on Solana.

Kraken opened 10 tokenized stocks and ETFs as collateral for margin and futures, with 10% to 30% haircuts and caps up to $1M. Not available in the United States.

New York Life Investment Management, which manages $807 billion, launched its first tokenized product with Centrifuge: an on-chain high-yield corporate bond portfolio bought and sold in USDC. It moves Wall Street tokenization past Treasuries and into credit.