Tokenized stocks grew nearly 3,000% in 2025 as new SEC rules and a DTCC pilot pushed the asset class toward the $1 billion milestone, led by Ondo and Securitize.
The exchanges were accused of facilitating transactions for the Islamic Revolutionary Guard Corps and are linked to an Iranian businessman convicted of embezzlement.
Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits.