Tag Archives: Asset Management License

It aggregates compliance information for asset management licenses, fund management, virtual asset management, RWA, and tokenized funds.

Argentina plans to ease capital market regulations: Compliance pathways for mutual fund crypto investments and blockchain-based securities trading.
Argentina plans to ease capital market regulations: Compliance pathways for mutual fund crypto investments and blockchain-based securities trading.

Argentina's Minister of Economy has spearheaded the drafting of a deregulation bill for the capital markets, proposing to allow mutual funds to include crypto assets such as Bitcoin in their portfolios and specifying that securities such as stocks and convertible bonds can be issued and traded on the blockchain. This article analyzes Argentina's gradual path towards institutionalizing crypto regulation, from CNV Resolutions 1125 and 1137 to the new draft, and its signaling significance for the compliance landscape in Latin America.

24
June
Fidelity: Tokenized funds are reshaping institutional asset and liability management, setting a new compliance paradigm for the $41.7 trillion global pension fund industry.
Fidelity: Tokenized funds are reshaping institutional asset and liability management, setting a new compliance paradigm for the $41.7 trillion global pension fund industry.

At WebX 2026 in Tokyo, Giselle Lai, Head of Digital Asset Strategy at Fidelity International APAC, pointed out that the long-term value of tokenized funds for large institutions such as pension funds lies in asset and liability management efficiency rather than 24/7 liquidity. Global pension assets amount to $41.7 trillion, and tokenization is expected to save $300-470 billion in administrative costs annually through automated reconciliation and instant settlement.

15
June
Fidelity International's tokenized fund, FILQ, secured its first crypto-native investor: Theo allocated $2000 million, with Sygnum, a licensed Swiss bank, executing the transaction.
Fidelity International's tokenized fund, FILQ, secured its first crypto-native investor: Theo allocated $2000 million, with Sygnum, a licensed Swiss bank, executing the transaction.

Theo, an on-chain capital markets platform, has allocated $2000 million to Fidelity International's tokenized liquidity fund FILQ through Sygnum, a Swiss-licensed digital asset bank. Theo becomes the first crypto-native platform to allocate to a tokenized product of a traditional asset management giant. FILQ is a tokenized USD fund rated Aaa-MF by Moody's, with on-chain NAV data provided by Chainlink and verification by JPMorgan. The tokenized US Treasury bond market has surpassed $150 billion in on-chain size, demonstrating the accelerating embrace of regulated financial infrastructure by crypto-native capital.

01
June
Singapore's MAS revised single-family office framework, effective June 15: collective license exemptions replace case-by-case approvals, significantly simplifying the SFO establishment process.
Singapore's MAS revised single-family office framework, effective June 15: collective license exemptions replace case-by-case approvals, significantly simplifying the SFO establishment process.

Singapore's MAS announced that a revised framework for Family Offices (SFOs) will take effect on June 15th. Eligible SFOs will be granted a collective exemption from CMS license requirements, only needing to report operations, open regulated bank accounts, and submit annual asset under management (AUM). Existing SFOs based in Singapore will enjoy a one-year compliance transition period until June 15, 2027. The new framework significantly reduces compliance costs and provides a simplified path for establishing family offices for crypto assets.

13
June
Exodus Wallet, in partnership with Ondo, launched over 200 tokenized stock markets: an SEC-licensed ATS+ brokerage firm architecture sets a new paradigm for compliant trading in crypto wallets.
Exodus Wallet, in partnership with Ondo, launched over 200 tokenized stock markets: an SEC-licensed ATS+ brokerage firm architecture sets a new paradigm for compliant trading in crypto wallets.

Exodus, a self-custodial wallet, partnered with Ondo Finance, which holds four SEC licenses, to launch Exodus Markets, a tokenized stock market offering over 200 on-chain stocks and ETFs. Ondo acquired Oasis Pro, obtaining full-stack compliance licenses for broker-dealer, ATS, transfer agent, and investment advisor, and confidentially filed a registration statement with the SEC in February 2026. The platform's cumulative trading volume has exceeded $10 billion, marking the mature implementation of a modular compliance division of labor model in the tokenized securities field.

13
June
Bitget CEO Gracy explains Reality's US compliance architecture: Licensed broker Alpaca underlying hosting + independent SPV segregation + triple protection mechanism construct the on-chain US stock trading compliance infrastructure.
Bitget CEO Gracy explains Reality's US compliance architecture: Licensed broker Alpaca underlying hosting + independent SPV segregation + triple protection mechanism construct the on-chain US stock trading compliance infrastructure.

An in-depth interview with Bitget CEO Gracy revealed the Reality platform's US compliance architecture: Through a partnership with licensed US broker Alpaca, orders are directly connected to Nasdaq/NYSE; underlying assets are held in segregated custody by an independent SPV; and a triple-layered security mechanism comprises 1:1 full reserves, daily audits, and a user protection fund exceeding $3 million. Non-crypto assets already account for approximately 40% of Bitget's trading volume, and compliance is listed as one of the three core strategies for 2026.

12
June
BlackRock (BITA) has filed an 8-A registration statement for its Bitcoin Yield ETF. BITA, with a 0.65% fee, is ahead of Goldman Sachs, and its covered call strategy is pioneering a new track in structured crypto yield products.
BlackRock (BITA) has filed an 8-A registration statement for its Bitcoin Yield ETF. BITA, with a 0.65% fee, is ahead of Goldman Sachs, and its covered call strategy is pioneering a new track in structured crypto yield products.

On June 11, 2026, BlackRock filed an 8-A registration statement with the SEC for the iShares Bitcoin Premium Income ETF (BITA), with a planned listing on Nasdaq on June 18. BITA employs a covered call option strategy, with IBIT as the underlying holding. Its management fee of 0.65% is significantly lower than competitors, putting it in a race with Goldman Sachs to gain a first-mover advantage. This marks a key milestone in the evolution of Bitcoin ETFs from spot exposure to structured yield products.

12
June
Archax launches real-time yield payments on tokenized securities with Hedera: USDC cash flow distributed second-by-second under FCA/EU dual licenses.
Archax launches real-time yield payments on tokenized securities with Hedera: USDC cash flow distributed second-by-second under FCA/EU dual licenses.

Archax, a digital asset platform regulated by both the UK and the EU, has launched a real-time streaming cash flow (RTC) feature for tokenized securities on the Hedera network. Interest payments are distributed to investors' wallets in USDC almost every second. Returns automatically follow the transfer of the underlying assets, marking a shift in tokenized RWA return distribution from periodic dividend payments to real-time streaming payments.

12
June
The Osaka Exchange in Japan plans to launch Bitcoin futures in 2028; the FSA amends the Investment Trust Act to pave the way for licensed crypto derivatives.
The Osaka Exchange in Japan plans to launch Bitcoin futures in 2028; the FSA amends the Investment Trust Act to pave the way for licensed crypto derivatives.

The Osaka Exchange, a subsidiary of the Japan Exchange Group, announced plans to launch Bitcoin futures in 2028. Simultaneously, the Financial Services Agency of Japan is pushing forward with revisions to the Enforcement Order of the Investment Trust Act, including crypto assets within the scope of specific assets for investment trusts. This move marks Japan as the first G7 economy in Asia to launch Bitcoin futures on a licensed exchange, providing institutional investors with a compliant infrastructure for ETF hedging.

11
June
BlackRock's BITA Bitcoin Yield ETF submits final revised filing: 65bps fee rate lower than competitors; covered call strategy kicks off competition for yield ETF licenses.
BlackRock's BITA Bitcoin Yield ETF submits final revised filing: 65bps fee rate lower than competitors; covered call strategy kicks off competition for yield ETF licenses.

On June 9, 2026, BlackRock submitted the final revised filing for BITA (iShares Bitcoin Premium Income ETF), disclosing for the first time a management fee of 0.65%, significantly lower than the 0.95%-0.99% range of existing competitors. BITA employs a covered call strategy to sell IBIT call options and collect premiums, aiming to be listed ahead of Goldman Sachs' similar product, marking the second phase of the crypto ETF competition, moving from pure beta competition to a competition based on return strategies.

11
June
Global asset management giant Janus Henderson makes strategic investment in Ethena: $4,800 billion. Traditional financial institutions' stablecoin compliance strategies and tokenized asset distribution paths.
Global asset management giant Janus Henderson makes strategic investment in Ethena: $4,800 billion. Traditional financial institutions' stablecoin compliance strategies and tokenized asset distribution paths.

Global asset management giant Janus Henderson (with approximately $4,800 billion in assets under management) announced a strategic investment in Ethena's governance token, ENA, integrating USDe into its asset management system and exploring ETP products. Ethena will allocate capital to Janus Henderson's tokenized AAA-rated CLO fund, JAAA, marking the first time USDe has expanded its underlying assets from native crypto strategies to regulated credit assets. This article breaks down the four-layer cooperation architecture, ETP registration path, and cross-border regulatory implications from a licensing and compliance perspective.

10
June
The UK's FCA has released consultation paper CP26/17, which includes: a 10% cap on the allocation of crypto ETNs to authorized funds, reform of regulatory fee mechanisms, and simplification of compliance for financial promotion.
The UK's FCA has released consultation paper CP26/17, which includes: a 10% cap on the allocation of crypto ETNs to authorized funds, reform of regulatory fee mechanisms, and simplification of compliance for financial promotion.

United KingdomFCA于2026年6月8日发布CP26/17咨询文件，提出三项加密监管调整：授权基金加密ETN配置上限10%、监管收费基准转为受监管收入并新增三类收费类别、取消金融推广部分通知义务。咨询截止至7月13日。United Kingdom投资协会对此表示欢迎，标志着FCA加密监管从准入控制转向结构化风险敞口管理。

08
June
Former BNY Mellon executive launches NUVA tokenization platform: Compliance architecture analysis of $190 billion RWA assets and SEC-registered yield-generating stablecoins.
Former BNY Mellon executive launches NUVA tokenization platform: Compliance architecture analysis of $190 billion RWA assets and SEC-registered yield-generating stablecoins.

Former BNY Mellon executive Anthony Moro launched NUVA, a tokenized RWA platform, which immediately integrated nearly $190 billion in tokenized assets from Figure Technologies. Its first yield-generating stablecoin has been officially registered with the SEC under the Investment Company Act of 1940, representing a proactive third path towards compliant tokenized assets.

08
June
Abra CEO says the next step for Wall Street is tokenization: An analysis of the Nasdaq listing compliance path and institutional tokenization landscape from the perspective of an SEC-registered investment advisor.
Abra CEO says the next step for Wall Street is tokenization: An analysis of the Nasdaq listing compliance path and institutional tokenization landscape from the perspective of an SEC-registered investment advisor.

Abra CEO Bill Barhydt publicly stated that tokenization will replace Bitcoin price as the core crypto narrative on Wall Street. Abra's SEC-registered investment advisor is pushing for a Nasdaq listing (valued at $7.5 million, ticker symbol ABRX) through a SPAC merger. They have already launched USDAF, a tokenized interest-bearing asset, and plan to launch BTCAF. Currently, the $314 billion on-chain tokenized RWA market is dominated by government bonds and money market funds. The SEC's 2026 Tokenized Securities Classification Framework has already incorporated tokenization into the existing securities law system. Blockchain changes settlement mechanisms but not the regulatory framework.

08
June
Singapore-based family office DFG manages $10 billion in crypto assets: Cross-jurisdictional licensing structure and compliance strategy
Singapore-based family office DFG manages $10 billion in crypto assets: Cross-jurisdictional licensing structure and compliance strategy

Singapore-based family office DFG started in 2015 with US$2,000 million in family capital and now manages over US$10 billion in crypto assets. Founder James Wo also serves as Chairman of Matrix Exchange, a UAE-licensed virtual asset exchange held by ADGM/FSRA, creating a three-legged structure encompassing Singapore (SFO), UAE (FSP), and the US (DFG USA), providing a reference path for cross-jurisdictional compliance strategies of crypto family offices in the Asia-Pacific region.

07
June
Grayscale launches Hyperliquid Staking ETF (HYPG) on Nasdaq: 0.29% - the lowest fee rate in the US and implications for licensed crypto asset management institutions.
Grayscale launches Hyperliquid Staking ETF (HYPG) on Nasdaq: 0.29% - the lowest fee rate in the US and implications for licensed crypto asset management institutions.

Grayscale于2026年6月3日在纳斯达克推出Hyperliquid质押ETF（HYPG），年化管理费仅0.29%为全美Hyperliquid ETP中最低费率。产品通过参与Hyperliquid网络质押获取约2.2%年化收益，未按1940年投资公司法注册。Hyperliquid协议2025年收入约8.57亿美元，99%手续费通过代币回购回流协议。

06
June
Morgan Stanley and Galaxy launch a crypto asset physical creation ETP: Analysis of the $500 million entry threshold and institutional compliance path.
Morgan Stanley and Galaxy launch a crypto asset physical creation ETP: Analysis of the $500 million entry threshold and institutional compliance path.

Morgan Stanley Wealth Management and Galaxy Digital established a referral arrangement on June 5, 2026, allowing high-net-worth clients to lend BTC/ETH/SOL in exchange for spot crypto ETP shares through physical creation, lowering the minimum threshold to $5 million and shortening the onboarding process by 75%.

06
June
Bermuda BMA License + SEC Transfer Agent Qualification: Plume and EtherFi Launch $1 Million Compliant RWA Yield Vault
Bermuda BMA License + SEC Transfer Agent Qualification: Plume and EtherFi Launch $1 Million Compliant RWA Yield Vault

Plume Network, in partnership with EtherFi, has launched a $1 million RWA yield pool, with underlying assets covering the BlackRock iShares AAA CLO ETF, Fidelity Total Bond ETF, and FalconX institutional credit pool, currently offering an annualized yield of 7.25%. Plume holds a Bermuda BMA license and SEC transfer agent status, and through a dual-compliance structure, it opens up institutional-grade RWA yields to qualified EtherFi users, providing a replicable cross-jurisdictional license combination reference for other RWA projects.

05
June
Is Tokenization Replicating the ETF Market Structural Revolution? A Three-Dimensional Compliance Assessment Framework for Licensed Institutions
Is Tokenization Replicating the ETF Market Structural Revolution? A Three-Dimensional Compliance Assessment Framework for Licensed Institutions

Is tokenization merely a logical continuation of the ETF market's structural revolution? From creation/redemption mechanisms and arbitrage-driven pricing to 24/7 trading capabilities, tokenization is replicating the success of ETFs. This article provides a three-dimensional compliance assessment framework for licensed institutions, drawing from the four legal jurisdictions: MiCA, the GENIUS Act, Singapore's MAS, and Hong Kong's SFC.

05
June
Goldman Sachs, together with Apex and Archax, launched a tokenized real estate fund in Luxembourg: a milestone for RWA's institutionalization.
Goldman Sachs, together with Apex and Archax, launched a tokenized real estate fund in Luxembourg: a milestone for RWA's institutionalization.

On June 4, 2026, Goldman Sachs announced a partnership with Apex Group and Archax to issue tokenized real estate fund units through its proprietary blockchain platform, GS DAP. The fund is registered in Luxembourg and managed by Fundrock.

04
June

This page has been updated.

This content has been updated and moved to a new page.
Please click the button below to access the latest version.

Go to new page