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The institutional dynamics of tokenization in Q3 2025

The institutional dynamics of tokenization in Q3 2025

Tokenization is moving up a gear. Long confined to stablecoins, it is now spreading to private credit, money market funds and equity markets, laying the foundations for a new global financial infrastructure.

28.10.2025

Format

Analysis

Topic

Finance

Author(s)

Grégory Raymond

Companies mentioned

Spiko

Lise

Caisse des Dépôts

Tokeny

Assets mentioned

Tether

USD Coin

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