Big institutions are embracing tokenization. This week brought new regulatory progress and real-world adoption as the world’s largest companies begin to move onchain. Here’s what you need to know 👇 1️⃣ CFTC pilot allows for tokenized assets to be used as collateral in derivatives markets. The first-of-its-kind U.S. program allows BTC and ETH, along with USDC and other payment stablecoins, to be used as collateral in derivatives markets. 2️⃣ Ondo Finance to invest $200M in State Street Investment Management’s tokenized fund Ondo Finance joins with State Street Investment Management and Galaxy Asset Management in plans for a new private tokenized liquidity fund bringing traditional cash management onchain. 3️⃣ BMW uses JPMorgan blockchain system for automated FX transfers JPMorgan Chase & Co's Kinexys platform automatically transfers euros from BMW's Frankfurt accounts when dollar balances in New York drop below a certain threshold. 4️⃣ The SEC formally closed a confidential Biden-era investigation into Ondo Regulators are shifting from enforcement-first approaches toward frameworks that support modernized market infrastructure. The path is now clearer for tokenized Treasuries and tokenized equities to become core components of U.S. capital markets. ...