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This was a big week for tokenization. Major banks went live with tokenized deposits, payment giants integrated crypto, and stablecoin usage hit new peaks. The latest tokenization news ↓ 1️⃣ BNY launches digital asset expansion Beginning with collateral and margin workflow use cases, this launch extends BNY’s cash capabilities by creating onchain digital book entries. bloomberg.com/news/articles/… 2️⃣ Stripe enables payment in crypto The partnership with Crypto․com enables Stripe users to spend crypto directly at checkout without first converting to fiat currency. ledgerinsights.com/stripe-enables… 3️⃣ Lloyds Bank completes tokenized deposit trade on public blockchain "This transaction offers a glimpse into the future of finance: faster, smarter, and more efficient," says Surath Sengupta, head of transaction banking products at Lloyds. finextra.com/newsarticle/47… 4️⃣ Stablecoin transactions rose to record $33 trillion in 2025 Total stablecoin transactions rose by 77%, with USDC accounting for $18.3 trillion. bloomberg.com/news/articles/… 5️⃣ Amundi forecasts tokenized funds at $120B by 2030 Europe’s largest asset manager conducted research into fund tokenization, concluding that a neutral market size estimate for 2030 is $120 billion. ledgerinsights.com/amundi-forecas…

RWA revenue in crypto stopped being theoretical in 2025 and the numbers now draw a clean hierarchy. Top 10 RWA revenue growth leaders in 2025 ($): $SKY | 107.38M $ENA | 96.16M $ONDO | 38.12M $PENDLE | 15.21M $TRU | 10.00M $CFG | 5.20M $OM | 3.00M $MPL | 2.90M $CPOOL | 2.00M $GFI | 1.46M Capital is already pricing RWA protocols by cash generation rather than narrative, which leaves one question: Which of these projects are still mispriced going into 2026?

New website dropping soon.

UK Innovation Is Bleeding To Death: The House of Lords Science & Tech Committee just dropped a brutal 2025 report: “We’re world-class at inventing… and world-class at losing it.” - DeepMind? London-born. Google’s now. - Arm? Cambridge chip genius. SoftBank owned. - Graphcore? Bristol AI unicorn. Folded into SoftBank – 500+ UK jobs gone. - Skyscanner? Edinburgh unicorn. £1.4B to Chinese Ctrip - control vanished. - Hopin? £4B peak in London. Liquidated UK ops in 2024 to chase US scale. This isn’t bad luck. It’s a system failure. THE DOOM LOOP 1. UK invents 2. No capital 3. Forced to sell/move abroad 4. No jobs, tax, growth 5. Even less capital Productivity is flat since 2008. Real wages stagnant. We’re trapped. 5 KILLER FINDINGS - Pensions ghosted tech - UK funds invest <1% in growth ventures (US: ~8%). They’d rather buy US bonds than back British AI. - Gov is siloed & slow - Innovate UK, BBB, NWF all separate. UAE deploys billions in a call. We play checkers while they play chess. - We block talent - £1,500+ visa fees + 8-week waits. Top engineers go to Berlin/SF. DeepMind thrived on immigrants - then Google poached the ecosystem. - Regulators fear risk - Over-regulate at lab scale, wonder why no one scales. RADICAL FIXES – ACT NOW 1. Pension Power-Up Mandate 5% of UK pensions to growth equity by 2030 → £100BN+ patient capital. 2. British Scale-Up Command: Merge Innovate UK + BBB + NWF into one agile agency: • £10BN fund • 90-day decisions • Co-invest mandates 3. Golden Visa for Founders • £0 fees • 24-month scale-up visa • Settlement at £10M revenue Attract 1,000 global founders/year. 4. “Fail Fast” Regulation 24-month sandbox for all new tech. Regulators in startups. Fast-track winners. Learn from failures. 5. Celebrate Builders • National Scale-Up Day • Tax breaks on employee shares • Founder in Residence @ No. 10 Culture eats strategy. Make building cool again. We’re at a tipping point. Lose another decade = more DeepMinds lost forever. Act now = next unicorns stay British. Read the full report: publications.parliament.uk/pa/ld5901/ldse… Tag your MP. Share this. @Barney_H_Y @alexfmac @DanielPriestley @HarryStebbings





Lord PC got the slam dunk here. What a guy we have here. Rags to riches, visionary. Damn, I have a third vertical. @peteratcmc


Lord Cruddas knows what’s up. $STRX will be the future of DeFi and tokenisation of assets. #StrikeX @TradeStrikeBVI








