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How LeoVegas and ZunaBet Compare on Your Phone in 2026

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Fanatics and ZunaBet Face Off

The casino in your pocket matters more than the one on your desktop. That shift happened years ago, and every serious operator knows it. Mobile is where most sessions start, most bets are placed, and most withdrawals are requested. LeoVegas recognised this earlier than most and built a brand around it. ZunaBet arrived in 2026 with native apps and a platform that was designed for mobile from the first sketch. Both platforms take mobile seriously, but what they deliver through those mobile experiences differs in ways that matter to anyone who primarily gambles from their phone. Here is how they stack up.


LeoVegas: The Brand That Made Mobile Its Identity

LeoVegas launched in 2012 with mobile gambling as its defining mission. Founded in Sweden, the company secured licenses from the UK Gambling Commission, Malta Gaming Authority, and other regulatory bodies as it expanded across European markets. MGM Resorts International acquired the company in 2022, placing it within one of the largest gambling groups on the planet.

The mobile product has always been the headline. LeoVegas invested in native app development and mobile-optimised interfaces from the outset, building a reputation for smooth performance, clean design, and intuitive navigation on phones and tablets. For years, it was the benchmark other mobile casinos were measured against.

The game library brings together slots, table games, live dealer experiences, and some exclusive titles secured through provider partnerships. NetEnt, Microgaming, Play’n GO, Evolution, and other reputable studios supply content that typically numbers in the low thousands depending on market. It is a well-curated collection that prioritises quality over sheer volume.

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A sportsbook covers major sports including football, tennis, basketball, ice hockey, and horse racing. It integrates with the casino account and provides a serviceable betting option, though it has always served as a supporting product to the casino.

Payments process through traditional infrastructure. Visa, Mastercard, Trustly, Skrill, Neteller, bank transfers, and other standard methods handle deposits and withdrawals. E-wallets provide the fastest cashout route while bank methods extend across business days. The system is dependable but bound by the speed constraints that all traditional payment networks impose.

Loyalty at LeoVegas has taken different forms across markets and over time, particularly since the MGM acquisition. Promotional campaigns, VIP tiers, free spin offers, and seasonal deals form the bulk of the reward experience. The approach provides value in waves that fluctuate with the promotional schedule and vary based on where the player is located.


ZunaBet: Mobile-Native With Crypto at the Core

ZunaBet launched in 2026 under Strathvale Group Ltd, holding an Anjouan gaming license and built by a team with over 20 years of combined gambling experience. The platform was designed on crypto-native infrastructure from the ground up, and mobile was embedded into the architecture from day one rather than treated as a secondary adaptation. Native apps for iOS, Android, Windows, and MacOS deliver an experience that was purpose-built for each platform rather than stretched across them.

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The interface runs a dark theme with responsive design and fast loading across all screen sizes. Performance on a phone matches what the platform delivers on a desktop monitor. In 2026, that kind of parity should be standard, but many platforms still deliver a compromised experience on smaller screens. ZunaBet does not.

ZunaBet Website
ZunaBet Website

What sits behind that interface is where the real separation begins. ZunaBet carries 11,294 games from 63 providers. Pragmatic Play, Evolution, Hacksaw Gaming, Yggdrasil, and BGaming lead the provider list, supported by more than fifty additional studios contributing to a catalog that spans slots, live dealer tables, and RNG games with exceptional breadth. Every title is accessible through the mobile apps, meaning a player’s phone connects them to one of the largest game libraries in the crypto casino space.

Sports betting runs as a standalone product within the same app. Football, basketball, tennis, hockey, and mainstream international sports receive full coverage. Esports are integrated as a primary category with betting markets on CS2, Dota 2, League of Legends, and Valorant. Virtual sports and combat sports push the breadth further. Switching between casino and sportsbook on mobile is seamless, which matters for players who move between the two throughout the day.

Payments operate entirely on crypto. Over 20 coins are supported including BTC, ETH, USDT across multiple chains, SOL, DOGE, ADA, XRP, and many more. Zero platform fees. Blockchain-based withdrawals process without bank involvement, without business hour limitations, and without geographic speed differences. On mobile, this translates to deposits and withdrawals that process as quickly and simply as any other transaction a player performs on their phone throughout the day.

Zunabet eSports
Zunabet eSports

The welcome package reaches up to $5,000 plus 75 free spins over three deposits. First deposit matches at 100% up to $2,000 with 25 spins. Second at 50% up to $1,500 with 25 spins. Third at 100% up to $1,500 with 25 spins. The entire bonus process works smoothly through the mobile apps.

Live chat support runs around the clock and is accessible from within the app at all times.

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What Mobile Actually Gives You Access To

LeoVegas proved that a mobile casino could deliver a premium experience. In 2012, that was a genuine innovation. The app was fast, the games loaded well on the devices of the era, and the interface felt designed for thumbs rather than mouse clicks. That head start built a brand identity that has persisted for over a decade.

But the mobile landscape in 2026 is fundamentally different from 2012. Smooth app performance is a minimum expectation, not a differentiator. Every major operator offers it. The question that matters now is what a player can do through that smooth interface, and this is where ZunaBet opens up a significant lead.

Zunabet Mobile
Zunabet Mobile

Over 11,000 games accessible on mobile versus a couple of thousand through LeoVegas. A fully integrated sportsbook with native esports coverage versus a companion betting feature. Real-time crypto payments from a phone screen versus traditional banking timelines that no amount of mobile optimisation can accelerate. The mobile experience at ZunaBet is not just polished — it connects to fundamentally more content, faster payments, and a broader betting product than what LeoVegas currently offers.


Earning Rewards From Your Phone

Mobile players tend to play in shorter, more frequent sessions spread throughout the day. That pattern makes the loyalty model particularly important because the return needs to accumulate meaningfully across many smaller interactions rather than a few large ones.

LeoVegas distributes rewards through promotional offers and VIP treatment that varies by market. Free spins drops, deposit matches, and seasonal campaigns rotate in and out. VIP players get personalised attention. The value is real when it appears but depends on timing and location. A mobile player who opens the app on a day when no relevant promotion is running gets nothing extra for their session.

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ZunaBet guarantees a return on every session through its dragon evolution loyalty program. Six tiers from Squire at 1% rakeback to Ultimate at 20% assign every player a permanent return rate. A dragon mascot called Zuno evolves visually through each tier. Higher levels unlock up to 1,000 free spins, VIP club access, and double wheel spins.

Zunabet VIP

For the typical mobile player who logs in frequently throughout the week, rakeback at a known rate means every single session generates a measurable return. There are no promotional gaps, no market-specific availability issues, and no need to check whether an offer is live before playing. The accumulation is automatic and continuous. Over the course of a month of regular mobile play, the difference between structured rakeback and intermittent promotions translates directly into more money returned to the player.


Mobile Payments: Convenience Redefined

The promise of mobile gambling is convenience — play anywhere, anytime. But that promise breaks down at the cashier if withdrawals take days to process regardless of how quickly the rest of the app performs.

LeoVegas handles mobile payments through traditional channels. Deposits are generally quick. Withdrawals follow the usual pace — e-wallets in hours, banks and cards in days. The mobile interface for initiating these transactions is well-designed, but good design cannot override the processing timelines imposed by the financial institutions behind the scenes.

ZunaBet makes mobile payments match the speed of everything else on the platform. A deposit from a crypto wallet to the app takes moments. A withdrawal from the app to a wallet processes on-chain without waiting for institutional approval. No fees. No delays tied to business hours or geography. The entire financial cycle — deposit, play, withdraw — can happen within a single mobile session. That level of financial fluidity on a phone is something traditional payment infrastructure is not equipped to deliver.

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For players who want their mobile casino to be as fast and frictionless as every other app on their phone, ZunaBet delivers that experience while traditional platforms remain limited by the banking systems behind their interfaces.


Which Mobile Experience Wins in 2026

LeoVegas earned its place in mobile gambling history by being first to take it seriously. The app remains polished, the brand carries MGM backing, and players who prefer traditional banking and established European regulation still have a quality mobile product. That foundation matters.

But being first to take mobile seriously is not the same as offering the best mobile experience today. ZunaBet’s native apps connect players to over 11,000 games, a complete sportsbook with esports, instant crypto payments, and transparent rakeback up to 20%. Every feature works natively on mobile without compromise. The content is deeper, the payments are faster, the rewards are more consistent, and the total package is simply larger than what LeoVegas currently puts in a player’s hand.

LeoVegas showed the industry what mobile gambling could be. ZunaBet is showing what it should be in 2026. For mobile players choosing where to play right now, the platform that delivers the most complete experience on their phone is the one that deserves their attention — and by every measurable standard, that platform is ZunaBet.

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Ethereum price risks falling below $1,000 as theory points lower

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Ethereum price risks falling below $1,000 as market auction theory points lower - 1

Ethereum price consolidates near the point of control after rejecting $4,800 resistance. Market Auction Theory suggests a potential rotation toward $870, risking a drop below $1,000.

Summary

  • Range Structure: Ethereum trades within a macro range between $4,800 resistance and $870 support.
  • Current Level: Price consolidating near the point of control (POC).
  • Downside Risk: Market Auction Theory favors rotation toward $870, risking a move below $1,000.

Ethereum (ETH) price is currently trading within a large macro trading range that has defined price behavior over an extended period. The upper boundary of this range sits near $4,800, while the lower boundary is positioned around $870.

This broad structure has acted as the framework for Ethereum’s price action as the market continues to rotate between areas of high and low value.

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Ethereum price key technical points

  • Range Structure: Ethereum continues to trade within a macro range between $4,800 resistance and $870 support.
  • Point of Control: Price is currently consolidating around the POC, a major equilibrium level.
  • Downside Target: Market Auction Theory suggests a potential rotation toward the $870 range low.
Ethereum price risks falling below $1,000 as market auction theory points lower - 1
ETHUSDT (1W) Chart, Source: TradingView

Ethereum’s rejection from the range high resistance near $4,800 marked a significant technical development for the broader market structure. Range highs often act as areas of heavy supply where sellers begin to step into the market. When price is unable to sustain acceptance above these levels, it typically signals that bullish momentum is weakening and that a corrective rotation may follow.

Following the rejection at resistance, Ethereum’s price rotated lower and has now returned to the point of control, which represents the area where the highest volume within the range has been traded. The POC often functions as a magnet for price during periods of consolidation because it reflects a fair value zone where both buyers and sellers previously agreed on price.

At the moment, Ethereum is attempting to hold above this level as the market enters a short-term consolidation phase. From a technical standpoint, it is common for price to temporarily stabilize around the POC before deciding on the next directional move. In many cases, this area can provide a short-term bounce or relief rally as buyers attempt to defend the equilibrium zone.

This comes as BMNR shares climbed over 4% on Monday, revisiting the key $20 resistance as Ethereum rebounded and the company continued accumulating, highlighting renewed interest in Ethereum-linked assets.

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However, when analyzing the broader structure through the lens of Market Auction Theory, the larger directional bias may still favor further downside. This theory suggests that once price loses acceptance near the value area high, the market often seeks to rotate toward the value area low, where the next significant liquidity pool exists.

In Ethereum’s current structure, the value area high aligns closely with the previous rejection near $4,800, while the value area low sits near the range low around $870. If the auction process continues to develop in this direction, the market may gradually move lower as price searches for the next major area of value.

Such a move would place Ethereum below the psychological $1,000 level, which represents an important milestone for traders and investors. Psychological price levels often act as areas where market sentiment can shift quickly, particularly if broader bearish conditions remain intact.

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However, rising institutional accumulation of Ethereum signals growing confidence in the asset and renewed momentum for the expansion of decentralized finance, which could influence long-term market sentiment despite short-term downside risks.

Another factor supporting the downside scenario is the broader macro market structure. Ethereum’s inability to sustain higher highs within the range suggests that bullish momentum remains limited. Until a strong structural breakout occurs, the dominant market behavior is likely to remain rotational rather than trending.

What to expect in the coming price action

Ethereum is currently holding near the point of control, where short-term consolidation or a temporary bounce may occur. However, the broader market structure remains bearish following the rejection at $4,800 resistance.

If Market Auction Theory continues to play out, price may gradually rotate toward the range low near $870, increasing the probability that Ethereum could trade below $1,000 in the coming weeks or months.

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EU Regulated Blockchain Securities Market Sees First Bank Join

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Crypto Breaking News

A Swiss-regulated crypto bank has joined a European Union–backed, blockchain-based settlement venue for tokenized securities, signaling a step toward weaving digital asset infrastructure into traditional capital markets. Zug-based Amina announced it is becoming a listing sponsor on 21X, Europe’s first fully regulated DLT trading and settlement venue, making the bank the platform’s inaugural regulated participant. The move aligns with Amina’s partnership with Tokeny, a Luxembourg-based provider of technology for issuing and managing tokenized financial assets, enabling issuers to access a regulated path to on-chain securities. The collaboration aims to tackle a long-standing hurdle for institutional adoption: the interoperability of tokenized-asset platforms within a regulated ecosystem. 21X, operating under the EU’s DLT pilot regime, received an infrastructure permit in December 2024 to run a regulated market for blockchain-based securities in a regulatory sandbox.

The push to connect regulated banks with tokenized issuances and trading comes amid a broader push to demonstrate viable, compliant on-chain markets. Industry observers have long pointed to the challenge of cross-platform interoperability as a bottleneck to scale. A Baker McKenzie analysis cited in June ascribes the obstacle to the “lack of interoperability of tokenized asset platforms,” arguing that scale will only be achieved when multiple market players transact across common or interconnected venues. In that context, Amina’s participation on 21X could help test how a conventional bank operates within a regulated blockchain venue, potentially lowering both onboarding friction and counterparty risk for institutional issuers.

Launched in 2023, the EU’s DLT pilot regime is designed to provide a regulatory sandbox for experimenting with blockchain-based trading and settlement of financial instruments. Regulators use the framework to gauge how distributed-ledger technology could fit into existing market infrastructure before broad-scale adoption. While the pilot has sparked excitement about real-world applications, participants have warned that the regime’s current limits may hinder European on-chain markets from scaling to compete with other jurisdictions. The involvement of regulated banks like Amina will be watched closely as a potential signal of practical viability for the model.

The momentum around tokenized real-world assets remains notable. In the United States, major financial institutions such as BNY Mellon, Nasdaq, and S&P Global have supported the expansion of the Canton Network, underscoring growing interest in interoperable, permissioned blockchains for finance. In Europe, venues like 21X are being tested under the EU’s DLT pilot regime to determine how regulated participants might issue, manage, and trade tokenized securities in a controlled environment. In February, eight EU-regulated digital-asset companies publicly urged policymakers to accelerate legislation, warning that delays could leave Europe trailing the United States and other markets in tokenized-finance development.

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The market for tokenized real-world assets has drawn attention to the breadth of potential applications. Data from RWA.xyz places the total value of tokenized real-world assets at about $26.5 billion, illustrating the scale of interest across asset classes and geographies. The industry has already witnessed notable milestones: Kraken’s tokenized-securities trading on its xStocks platform opened to European users, offering blockchain-based versions of US-listed equities, and Liechtenstein’s Ondo secured regulatory approval to provide tokenized equities to European investors. These developments, alongside ongoing regulatory dialogue and the expansion of regulated venues, paint a picture of a market moving from pilot-stage experimentation toward incremental adoption among institutions.

As the ecosystem evolves, observers will watch for concrete indicators of broader participation, including more banks endorsing on-chain settlement rails, issuers selecting 21X or other regulated venues for tokenized outcomes, and the pace at which interoperable standards emerge across platforms. While it remains to be seen how quickly tokenization can scale to the level of traditional capital markets, Amina’s entry into 21X marks a meaningful data point in the ongoing journey toward regulated, institution-friendly on-chain markets.

Related: Crypto exchanges gain as tokenized commodity market climbs to $7.7B

Strong growth of tokenized real-world assets

The trajectory of tokenized assets is underscored by ongoing institutional interest in blockchain infrastructure for asset tokenization. In the United States, major participants have backed initiatives to broaden tokenization-enabled markets, while Europe continues to experiment with regulated venues such as 21X. The push toward interoperability and compliant issuance remains central to unlocking scale, even as regulators balance innovation with investor protection.

In September, Kraken launched tokenized securities trading for European users via its xStocks platform, which provides blockchain-based representations of US-listed equities. Two months later, Ondo received regulatory approval in Liechtenstein to offer tokenized equities trading to European investors, signaling continued momentum in Europe’s tokenization efforts.

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The broader market narrative remains anchored in tangible data points. Market trackers show tokenized real-world assets expanding beyond niche pilots, with more institutions evaluating how tokenization can streamline issuance, custody, and settlement within regulated frameworks. Still, industry participants emphasize that any acceleration will depend on the creation of interoperable networks and clear regulatory guidance that harmonizes cross-border flows.

At the same time, the conversation around tokenization continues to reference the European DLT pilot regime as a proving ground for governance, risk controls, and settlement mechanics. Critics caution that the framework’s current scope may constrain full-scale on-chain markets in Europe, yet proponents see it as a crucial early step toward a more resilient, regulated digital-asset infrastructure.

Why it matters

For market participants, Amina’s entrance into 21X represents more than a symbolic endorsement of on-chain infrastructure. It signals that a regulated bank is willing to operate within a tokenized-securities venue, bringing traditional counterparty risk management, custody standards, and KYC/AML processes into an on-chain trading and settlement workflow. If the model proves scalable, issuers looking to tokenize real-world assets—ranging from securities to structured-finance instruments—could gain a more predictable path to access capital markets through regulated environments rather than ad hoc private ledgers.

For platform operators, the first fully regulated bank participant underscores the importance of robust interoperability and compliance layers. The Baker McKenzie citation underscores a recurring industry theme: that scaling tokenization requires a network of interoperable platforms rather than isolated silos. The involvement of regulated banks may incentivize other actors to participate, potentially driving higher liquidity and broader issuance on platforms like 21X.

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For investors, the evolution of tokenized markets within regulated contexts could translate into clearer risk controls and more familiar governance structures. Regulators’ continued experimentation—paired with industry participation—may reduce friction around custody, settlement finality, and cross-border access, all of which have historically deterred large institutions from engaging with tokenized assets.

What to watch next

  • Progress on 21X’s regulatory milestones, including any new listing sponsors or issuances on the venue.
  • Additional banks or financial institutions joining regulated blockchain trading and settlement rails in Europe.
  • Regulatory developments affecting the EU DLT pilot regime and cross-border tokenization standards.
  • Tokeny’s integration pipeline and any new issuer programs enabling tokenized securities under regulated frameworks.
  • Updates to market data on tokenized real-world assets, including new asset classes and liquidity indicators.

Sources & verification

  • Announcement of Amina becoming the listing sponsor on 21X, via BusinessWire: AMINA Becomes First Regulated Bank on 21X Europe’s First Fully Regulated DLT Trading and Settlement Venue.
  • Baker McKenzie, tokenization in financial services analysis on interoperability and scale.
  • EU DLT pilot regime background and regulatory sandbox description.
  • RWA.xyz data on the tokenized real-world asset market size ($26.5 billion).
  • Related coverage on tokenized securities and regulated venues (Kraken xStocks, Ondo Liechtenstein approval).

Key narrative details

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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US Court Dismisses All Claims Against Binance in Anti-Terrorism Case

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Crypto Breaking News

Editor’s note: A US federal court’s dismissal of all Anti-Terrorism Act claims against Binance marks a definitive legal vindication for the company. In a 62-page decision, the court found no evidence that Binance aided terrorists, participated in, or conspired with terrorist organizations, despite claims by 535 plaintiffs alleging material support related to 64 terrorist attacks. The ruling reinforces Binance’s stated commitment to compliance, governance, and constructive engagement with regulators worldwide, and signals that the company will vigorously defend its reputation and operations.

Key points

  • The court dismissed all Anti-Terrorism Act claims against Binance in the case, across every allegation.
  • The court found no evidence Binance aided terrorists, linked itself to attacks, or conspired with terrorist organizations.
  • The ruling addresses claims by 535 plaintiffs alleging material support related to 64 terrorist attacks.
  • While plaintiffs may seek to amend, Binance emphasizes it will defend its position and will continue to engage with regulators.

This dismissal is a complete vindication of all false allegations.

Why this matters

The ruling delivers a decisive legal victory and underlines Binance’s ongoing investment in compliance infrastructure, regulatory engagement, and robust governance. It reinforces that Binance’s operations do not support terrorism in any form and provides a clear clarification to the market about the company’s posture and risk controls.

What to watch next

  • Whether plaintiffs file an amended complaint within the 60-day window.
  • Binance’s ongoing regulatory engagement worldwide and governance actions.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

US Federal Court Dismisses All Claims Against Binance in Anti – Terrorism Lawsuit

Court rejects allegations that Binance assisted, participated in, or conspired with terrorists. This represents a decisive legal dismissal of all claims

Binance, the world’s largest cryptocurrency exchange by registered users, announced today that a U.S. federal court in the Southern District of New York has dismissed all claims brought against the company under the Anti-Terrorism Act (ATA). The lawsuit involved 535 plaintiffs who alleged that Binance provided material support related to 64 terrorist attacks.

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In a 62-page decision, the Court found that plaintiffs failed to establish any of their central allegations: that Binance assisted terrorists, that Binance associated itself with terrorist attacks, that Binance participated in or sought to advance those attacks, or that Binance engaged in any conspiracy with terrorist organizations.

“This dismissal is a complete vindication of all false allegations,” said Eleanor Hughes, Binance’s General Counsel. “The court has unambiguously rejected the false and damaging narrative that Binance assisted terrorists. We have always maintained that these claims were without merit, and today’s ruling confirms that. We will continue to defend ourselves aggressively against any litigation or reporting that misrepresents who we are and how we operate.”

A Full and Complete Legal Victory

The Court’s decision to dismiss all claims, across every allegation, represents a decisive legal victory.

While the Court has allowed plaintiffs 60 days to file an amended complaint in light of a recent appellate decision, Binance is confident that no amended pleading will be able to cure the fundamental deficiencies the Court identified. The underlying claims have been thoroughly examined and rejected.

Commitment to Compliance and Legal Integrity

Binance has consistently invested in industry-leading compliance infrastructure, regulatory engagement, and legal governance. Today’s ruling affirms that Binance’s operations do not support, facilitate, or enable terrorism in any form.

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The company will continue to engage constructively with regulators worldwide, operate within established legal frameworks, and pursue vigorous legal action where necessary to correct false and misleading narratives about its business.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 310 million people in 100+ countries for its industry-leading security, transparency, and unmatched portfolio of digital asset products. For more information, visit: https://www.binance.com

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Nasdaq Partners with Boerse Stuttgart’s Seturion for tokenized Settlement

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Nasdaq Partners with Boerse Stuttgart’s Seturion for tokenized Settlement

Nasdaq said it is working with Boerse Stuttgart Group’s tokenized settlement platform Seturion to connect its European trading venues to infrastructure designed to settle tokenized securities using distributed ledger technology.

According to Monday’s announcement, the collaboration will initially focus on structured products and aims to support faster settlement of tokenized assets across European capital markets.

Seturion supports multiple asset classes across public and private distributed ledger networks and allows transactions to be settled using either central bank money or on-chain cash. Boerse Stuttgart said the platform is intended to be open to a broader network of financial institutions across Europe.

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Under the partnership, Nasdaq will link its European trading venues to Seturion so that tokenized securities traded on those markets can be settled through the platform. The companies said they plan to expand participation to additional issuers, brokers and financial institutions over time.

The partnership aims to address fragmentation in Europe’s post-trade infrastructure, where securities settlement is handled by multiple national systems with differing rules and processes. By using distributed ledger technology, the companies say a shared platform could help reduce settlement times and operational complexity across European markets.

The European Central Bank in April said there was “an urgent need to integrate Europe’s fragmented capital markets, not only in the area of post-trade but also in supervision and other areas.”

The system is designed to operate within existing European regulatory frameworks, including MiFID II and the DLT Pilot Regime, which allow financial institutions to test distributed ledger technology in trading and settlement of tokenized securities.

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In February, Boerse Stuttgart Group said it would merge its cryptocurrency business with Frankfurt-based digital asset trading company Tradias as part of a strategy to expand its presence in institutional crypto markets.

Related: Kraken wins Kansas City Fed approval for limited master account access

Traditional exchanges push deeper into tokenized securities

Exchange operators are increasingly exploring tokenized versions of traditional securities as part of efforts to modernize capital market infrastructure.

Nasdaq said today that it was partnering with Kraken, a US-headquartered crypto exchange, and tokenization infrastructure provider Backed to develop a gateway aimed at supporting tokenized equities while preserving issuer control.

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In September, Depository Trust & Clearing Corporation said it plans to bring a subset of US Treasury securities onto the Canton Network, with the long-term goal of expanding tokenization to a broader range of assets eligible for custody at its subsidiary, the Depository Trust Company. The market infrastructure operator processed around $3.7 quadrillion in 2024.

In January, the New York Stock Exchange and its parent company Intercontinental Exchange said they were developing a platform for trading tokenized stocks and exchange-traded funds that would support 24/7 trading and blockchain-based settlement.

Last week, Intercontinental Exchange announced it had taken a board seat in OKX after investing in the crypto exchange and plans to offer NYSE-listed tokenized stocks and derivatives to OKX users starting in 2026.

Tokenized public equities have grown to about $1.01 billion in total onchain value, according to data from RWA.xyz.

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Source: RWA.xyz

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