The Abu Dhabi Global Market has recognised XAUT within its international financial centre, allowing firms to offer the onchain instrument, with Tether seeking to expand its UAE presence
Together, the companies enable traditional and tokenised equities to support the ownership rights, transparency, and operational integrity expected in traditional markets
Cantor will leverage its equity capital markets and trading capabilities, with Securitize providing tokenisation infrastructure that will be used to issue, distribute, and service onchain securities
Tokenised real-world assets could add £33 billion to the UK’s annual economic output and a further £14 billion in annual tax revenues by 2035, according to Chris Woolard’s inaugural report to the Chancellor
The inaugural placement, involving US dollar-denominated notes, was supported by Marketnode, which acted as the tokenisation agent and the digital paying agent
According to Swift, 17 banks from six continents are preparing to pilot live transactions, with its shared ledger providing a secure orchestration layer for bank-issued tokenised deposits on their own infrastructure
The digital cash settlement offering is set to support regulated digital money, including stablecoins and tokenised bank deposits, and follows SS&C’s 2025 acquisition of Calastone
