Wall Street is embracing tokenization. From trading and settlement to bank deposits, leading institutions are bringing more of their business onchain. Latest tokenization news ↓ 1️⃣ Ondo surpasses $4B in TVL Ondo crossed $4 billion in total value locked, including $1.3B+ in tokenized stocks and ETFs, with over 1 million cumulative holders across products. https://finance.yahoo.com/markets/crypto/articles/ondo-finance-says-total-value-205100806.html 2️⃣ Goldman Sachs sees tokenization as a growth opportunity CEO David Solomon said tokenization could expand the bank’s trading business, creating new products, attracting new clients and opening broader distribution channels. https://www.coindesk.com/business/2026/10/17/goldman-wells-fargo-morgan-stanley-see-tokenization-as-a-growth-play-not-a-threat 3️⃣ Morgan Stanley targets tokenized equity trading in Q1 2027 Morgan Stanley is building infrastructure to support tokenized equities on its alternative trading system. Its digital asset strategy head, Amy Oldenburg, sees a $3T–$10T market for tokenized real-world assets by 2030. https://www.theblock.co/news/markets/2026-10-12-morgan-stanley-tokenized-equities-q1-2027-418256 4️⃣ BNY and Citadel Securities put tokenized Treasuries to work The firms completed a transaction in which a tokenized U.S. Treasury settled within minutes before being used as collateral for overnight financing. https://www.bny.com/corporate/global/en/about-us/newsroom/press-release/bny-completes-tokenized-us-treasury-triparty-repo-workflow-with-citadel-securities.html 5️⃣ VersaBank advances tokenized deposits in the U.S. VersaBank entered the commercial phase of its tokenized deposit program, with plans to issue blockchain-based U.S. dollar deposits and offer its technology to other banks. https://www.versabank.com/versabank-initiates-commercial-phase-of-tokenized-deposit-program-in-the-united-states/