This barometer provides a comprehensive overview of tokenisation in the first half of 2025, analysing the most advanced use cases (stablecoins, private credit, money market funds), the key players, dominant infrastructures such as Ethereum, and regulatory obstacles, particularly in Europe.
Format
Report
Authors
Grégory Raymond
Companies
Caisse des Dépôts
Lise
Visa
BlackRock
Franklin Templeton
Société Générale
Centrifuge
Standard Chartered
Citi
rwa.xyz
Ondo Finance
Spiko
Paxos
Securitize
Hamilton Lane
Coinbase
Paypal
Société Générale (Forge)
European Central Bank
Keyrock
Morgan Stanley
Janus Henderson
Matter Labs
Boerse Stuttgart Digital
BSDex
Tokeny
Apex Group
Taurus
Deutsche Bank
Pictet
Credit Suisse
Binance
Maple
Circle
Tether
Stellar
Kraken