Asia's tokenisation desk. The global picture, and the playbook.
Track Asia's developments on every front, stay ahead of the global moves reaching you next, and build from a foundations-to-playbooks learning and reference library. For operators already in the space, and the ones just arriving.
Tracking 113 institutions across 11 jurisdictions, 27 live deployments · Singapore, Hong Kong, Japan, and Korea covered in depth
Institutions tracked
Asia and global · 15 marks, each links to a profile
Dimon draws the line on stablecoin rewards, and the US perimeter stays contested
A thin, institutional week: a watched-institution CEO staking out public opposition to stablecoin-rewards architecture in the US, and an asset-manager hire that confirms the US tokenisation build continues even as European regulatory friction pushes talent back across the Atlantic.
What's new in Asia
the depth specialtyPBoC to issue renminbi bills through Hong Kong's CMU
Routing PBoC bill issuance onto Hong Kong's CMU ties offshore renminbi settlement to the depository HKMA is modernising: a currency-race signal more than a product launch, worth watching for whether the issuance moves on-ledger.
HKMA press releasesHKMA gives tokenisation a flagship stage
A regulator devoting a marquee event to tokenisation is posture worth pricing in: Hong Kong is openly courting the institutional tokenisation venue role, ahead of most peers.
HKMA speeches
Global news
US, EU, UK and beyond- LiveGLOBAL
Nium and Circle link USDC settlement to global payouts
Embedding USDC into a mainstream payouts network is how stablecoin settlement reaches treasury teams without a crypto decision, the adoption path that matters more than another exchange listing.
Circle pressroom - PilotGLOBAL
BIS Project Agorá tests tokenised wholesale cross-border rails
Agorá is the official-sector test of whether correspondent banking moves onto shared tokenised ledgers; the technology is the easy part and central-bank money access is the gate, so watch the governance, not the demo.
BIS press releases (Innovation Hub proxy)
The markets
Asia first, then reference markets · flip a tile for highlights
Learn and reference
the library beneath the newsPlaybooks and perspectives
Decision-support for the call you are making, with opinion where the read could be wrong.
The wiki and data
Jurisdictions, institutions, projects, and themes, plus the sourced data series.
Foundations and Mechanics
The core model, then the technical layer. Short chapters, for newcomers to the space.
Asia's tokenisation desk, distilled to one email. Every Sunday evening Singapore time: the week's importance-3 developments, one deep dive, and what's worth watching next. One signal, not ten feeds.