Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion (opens original article in a new tab)

Crypto exchanges are expanding into tokenized stock and commodity markets, creating convergence with traditional finance while facing regulatory and liquidity challenges. Tokenized real-world assets have grown significantly, with $15.3 billion in value as of May 2026.

• Major crypto exchanges are expanding into synthetic and tokenized stock markets to retain traders and capital
• Tokenized real-world assets have surged from $750 million to $15.3 billion since early 2024
• Regulatory, settlement, and liquidity risks remain significant challenges for crypto platforms offering traditional financial assets
• Wall Street is also moving cash onto blockchain networks through tokenized U.S. Treasurys and other assets
• Crypto exchanges are competing to offer the broadest range of assets with minimal friction for global users