Stellar Ecosystem
News

The Stellar Development Foundation publishes content on open systems as a blueprint for financial inclusion and innovation. SDF submitted a Treasury response advocating for open systems in financial access, and discusses tokenization through video content.

The Stellar Development Foundation participated in the World Economic Forum 2024 in Davos, hosting and participating in multiple panels and workshops focused on blockchain's role in financial inclusion, tokenization, and global financial access. SDF leadership, including CEO Denelle Dixon and Chief Legal Officer Candace Kelly, engaged with governmental, financial, and tech organizations to advance discussions on sustainable and inclusive financial systems.

Franklin Templeton enabled peer-to-peer transfers for its BENJI token, representing shares in its on-chain U.S. Government Money Fund on Polygon and Stellar. The fund holds $384 million in assets and leads the tokenized U.S. Treasuries market with 32% share.

Huma Finance and Arf merge to create a combined liquidity platform for cross-border payments. The integrated platform leverages real world asset tokenization and USDC to reduce capital requirements for financial institutions, targeting $3 billion on-chain liquidity by year-end.

WisdomTree, a $100B+ asset manager, launched WisdomTree Prime, a unified financial platform built on Stellar that enables customers to seamlessly manage digital assets, traditional investments, and fiat currencies in one application. The platform leverages Stellar's native asset controls and tokenization capabilities to offer 13 digital funds and a gold token.

Moody's rated the first tokenized fund on public blockchains, giving Singapore's FundBridge Capital's SGD Delta fund an AA rating. The fund will issue tokenized units on Ethereum and Stellar, investing in Singapore government securities for accredited investors.

This article explains asset tokenization on Stellar, covering what it is, who can tokenize assets, key benefits like operational efficiency and transparency, and the technical process for creating digital representations of real-world assets on the network.

This article explores the history and advantages of asset tokenization on the Stellar network, highlighting how institutions like Franklin Templeton, WisdomTree, and the Bank for International Settlements leverage Stellar's native asset control features for issuing securities, money market funds, and bonds with operational efficiency, transparency, and sustainability benefits.

Cheesecake Labs has released an updated Stellar Asset Sandbox with new features including role-based access control, expanded token management, custodial solutions, and treasury management capabilities. The no-code platform enables institutions to test asset tokenization on Stellar's testnet before deploying real assets.

Owny is a white-label platform that leverages Stellar blockchain and AI to streamline private equity fund management, capital raising, and investor relations. The platform tokenizes assets on Stellar, enabling fast, low-cost cross-border payments and simplified compliance for alternative asset marketplaces.

Franklin Templeton's $300M tokenized money market fund (FOBXX), primarily issued on Stellar, is expanding to multiple blockchains including Polygon, Avalanche, Aptos, and Arbitrum. The fund has seen limited adoption on Polygon with only $2M in balance so far.

Franklin Templeton's OnChain U.S. Government Money Fund, built on Stellar, has surpassed $270 million in assets under management. It is the first U.S. registered fund to use a public blockchain for recording transactions and shareholdings.

Franklin Templeton's Franklin OnChain U.S. Government Money Fund, the first U.S.-registered mutual fund to use Stellar blockchain for transactions and share ownership, surpassed $270 million AUM. The fund is accessible via the Benji Investments app and represents a major institutional adoption of blockchain technology in traditional finance.

Stellar introduces asset tokenization capabilities with the Stellar Asset Sandbox, a testnet tool by Cheesecake Labs that enables issuers to create, manage, and control assets using native protocol features like minting, burning, freezing, and clawback operations.

WisdomTree gained SEC approval for nine blockchain-enabled funds that maintain secondary ownership records on Stellar and Ethereum blockchains. The funds, which invest in US Treasurys, equities, and other traditional assets, will launch on WisdomTree Prime mobile app next quarter.

Benkiko, a micropayment protocol building on Stellar, is evolving to a decentralized autonomous organization. Its core innovation is a six-tier tokenization economy where communities create and trade custom tokens representing any item of economic value. The model draws from economic theory around monetary demand and peer-to-peer exchange, enabling micropayments, community economies, and full token-based systems.

Stellar Protocol 17 introduced asset clawback functionality, enabling authorized entities to recover digital securities for regulatory compliance, fraud prevention, and lost key recovery. Co-authored by Securrency, this feature addresses institutional adoption concerns and regulatory requirements for custodying digital assets.

Germany's Bankhaus von der Heydt, established in 1754, is issuing a euro stablecoin on Stellar in partnership with Bitbond, marking the first direct stablecoin issuance by a traditional banking institution on the network.

The Stellar Development Foundation will present at Consensus: Distributed 2020, sharing updates on network growth, strategic investments, and ecosystem success stories focused on interoperability and financial inclusion.

Bank von der Heydt, a 270-year-old Munich bank, partnered with Bitbond to tokenize securities on Stellar and issue a euro stablecoin for institutional private placements, launching a production version in April.

Franklin Templeton will use Curv's MPC wallet solutions to secure tokenized shares of its government money market fund on Stellar, enabling instant access and client autonomy over $700B+ in assets.

Franklin Templeton filed an SEC prospectus for a money market fund whose shares would be recorded on the Stellar Network. The fund would invest in government securities and cash, with shares purchasable through the firm's app starting at $20 minimum.

IBM is expanding cryptocurrency adoption beyond Stellar, meeting with 20 central banks to explore blockchain-based digital currencies and tokenizing assets like securities, commodities, and utilities across enterprises.