Ship It
JPMorgan's CEO urges blockchain rollout. DTCC creates a dedicated business unit. Schwab to support BTC and ETH trading.
The TLDR👇
Jamie Dimon Tells Shareholders JPMorgan Must Ship Its Own Blockchain
JPMorgan’s CEO used his annual shareholder letter to deliver the most explicit blockchain statement of his career. Dimon warned that stablecoins, smart contracts and tokenization are creating a new class of competitors that threaten bank fee income and deposits. He wrote: “We need to roll out our own blockchain technology and continually focus on what our customers want in a very detailed way.” Dimon called for JPMorgan to accelerate its Kinexys unit and JPM Coin, noting that faster, tokenized systems enable near-instant settlement and direct asset transfers. He also disclosed that clients are increasingly seeking guidance on digital assets. Source.
DTCC Creates Dedicated Business Unit for Tokenizing US Securities
The Depository Trust & Clearing Corporation has launched DTCC Digital Asset Solutions, a new business line focused on tokenizing assets held in DTC custody. The unit sits within Clearing & Securities Services under the firm’s Equities portfolio.
Tom Sullivan, who joined DTCC in September 2025 from Societe Generale’s digital asset subsidiary SG FORGE, leads the division. DTCC Digital Assets (formerly Securrency, acquired in 2023) will continue developing ComposerX, LaunchPad and Collateral AppChain under Nadine Chakar. A new Digital Assets Solutions Advisory Council launches in Q2 2026, with its first meeting at the end of April. DTCC said the new business “reflects growing client interest in tokenization.” DTC provides custody and asset servicing for securities valued at over $100 trillion. Source.
Bitpanda Launches Vision Chain: A Regulated Ethereum L2 for Institutional Tokenization
Austrian fintech Bitpanda unveiled Vision Chain, an Ethereum Layer 2 built on Optimism’s OP Stack. The network ships compliant with MiCA, MiFID II and DORA, with built-in identity verification and euro-backed stablecoin payment rails. It supports tokenized stocks, bonds, real estate and regulated investment funds. Bitpanda reported EUR 371M in 2023 revenue and is reportedly preparing for a 2026 IPO at a EUR 4-5B valuation.
Charles Schwab Opens Waitlist for Direct Bitcoin and Ethereum Trading
Charles Schwab confirmed it will launch spot BTC and ETH trading in H1 2026 through a new “Schwab Crypto” account offered via its Charles Schwab Premier Bank unit. A waitlist is now live. A company spokesperson told CoinDesk: “We remain on track to launch our spot crypto offer in the first half of 2026, starting with bitcoin and ether.” CEO Rick Wurster told Barron’s the service will begin with a limited rollout in Q2 before expanding. The firm manages $11.9 trillion in client assets. The initial rollout excludes New York and Louisiana residents. Schwab has also expressed interest in stablecoins. Source.
Canadian Securities Administrators Launch Tokenization Initiative
The CSA announced Project Tokenization, examining how tokenized financial products intersect with Canadian securities law. Regulatory workshops will be held in Calgary (April 9) and Toronto (June 11), inviting fintechs, financial institutions and industry stakeholders. The project will explore opportunities and risks through structured engagement, with potential for live testing of tokenized instruments within the CSA Collaboratory. Source.
IMF Calls Tokenization a “Fundamental Reconfiguration” of Financial Architecture
The International Monetary Fund published a note authored by Tobias Adrian, Director of the Monetary and Capital Markets Department. Adrian wrote that tokenization presents “a familiar trade-off in a new form,” noting that atomic settlement and enhanced transparency reduce some traditional risks, but speed and automation introduce new vulnerabilities. The report warned that stress events under tokenized systems are “likely to unfold faster, leaving less time for discretionary intervention.” The IMF called for international coordination and anchoring tokenized systems in safe settlement assets, legally recognized finality and robust governance. Source.
Ant Group Completes $360M Acquisition of Hong Kong Securities Brokerage
Chinese fintech giant Ant Group completed a HKD 2.814B ($360M) acquisition of a 50.55% stake in Bright Smart Securities, a Hong Kong-based brokerage. The deal is one of the largest Chinese investments in digital asset infrastructure and positions Ant with a regulated financial services entity in Hong Kong as the city develops its stablecoin licensing regime. Separately, Ant Digital Technologies launched Anvita, a platform enabling AI agents to hold assets, trade and make payments using stablecoins with minimal human involvement. Source.
Hong Kong Delays First Stablecoin License Approvals
The HKMA is prioritizing stricter risk controls over its original March deadline for the first batch of stablecoin licenses. HSBC and Standard Chartered’s Anchorpoint are the leading candidates for initial approvals, with Futu Securities and OSL Group positioned for subsequent rounds. Source.
Polymarket Unveils Trading Engine Overhaul and Native Stablecoin
Polymarket announced plans to rebuild its trading engine and launch a native stablecoin, targeting improved liquidity and execution efficiency across its on-chain prediction markets. Source.
Plume Launches First RWA Payroll Pilot with WisdomTree Fund
Plume and Toku launched a payroll pilot enabling employees to convert salaries into yield-bearing assets via WisdomTree’s tokenized money market fund (WTGXX). Employees can allocate a portion of their pay directly into a regulated, tokenized fund at the point of payroll distribution. Source.
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