Marketnode partners with BNY to tokenize asset management funds on Stellar, expanding institutional access to APAC markets. Stellar's RWA active market cap hits all-time high of $2.57B, driven by tokenized bonds and Spiko's eurSAFO fund surpassing $1.1B. Protocol upgrade (Adapter) and ecosystem integrations advance.
Marketnode, a Singapore-based digital infrastructure operator, announced a partnership with BNY to tokenize asset management funds on Stellar, enabling institutional and accredited investors across APAC to access BNY's products through Marketnode's Gateway and Fundnode platforms. Stellar's institutional adoption accelerated with its Stellar House event in São Paulo and an all-time high RWA active market cap of $2.57B, largely driven by tokenized bonds. Spiko's eurSAFO fund surpassed $1.1B in total value across networks, with Stellar holding 78% of its market share. The ecosystem advanced on protocol and integration fronts: Protocol 28 (Adapter) enables smarter contract upgrades, Redstone launched USDY price feeds for collateral support, and Aurora Intents integrated with COCA for cross-chain deposits.
