Deployments
Every tracked deployment, most mature first. Filters combine; picking a region or a parent category includes everything under it. 'Firms based in' goes by each organisation's headquarters.
- A7A5 rouble stablecoin · Live (scaled)
- Binance bStocks tokenised US equities · Live (scaled)
- BlackRock USD Institutional Digital Liquidity Fund (BUIDL) · Live (scaled)
- Broadridge Distributed Ledger Repo (DLR) · Live (scaled)
- ChinaAMC (HK) tokenised digital money market funds · Live (scaled)
- Circle EURC euro stablecoin · Live (scaled)
- Circle USD Coin (USDC) · Live (scaled)
- Circle USYC (Hashnote International Short Duration Fund) · Live (scaled)
- Clearstream D7 digital securities issuance · Live (scaled)
- Ethena USDe synthetic dollar · Live (scaled)
- Falcon Finance USDf synthetic dollar · Live (scaled)
- Figure home equity loan registry and marketplace on Provenance (DART and Figure Connect) · Live (scaled)
- First Digital USD (FDUSD) · Live (scaled)
- Franklin OnChain Institutional Liquidity Fund (iBENJI) · Live (scaled)
- Global Dollar (USDG) · Live (scaled)
- HSBC Gold Token (Hong Kong retail) · Live (scaled)
- ibet for Fin security token network (BOOSTRY) · Live (scaled)
- Invesco Short Duration US Government Securities Fund (USTB) · Live (scaled)
- Janus Henderson Anemoy AAA CLO Fund (JAAA) · Live (scaled)
- Janus Henderson Anemoy Treasury Fund (JTRSY) · Live (scaled)
- Kinexys Digital Financing (intraday and term repo) · Live (scaled)
- Kinexys Digital Payments (blockchain deposit accounts) · Live (scaled)
- Maple syrup lending pools (syrupUSDC, syrupUSDT, syrupUSDG) · Live (scaled)
- Matrixdock Gold (XAUm) · Live (scaled)
- Ondo Global Markets tokenised stocks and ETFs · Live (scaled)
- Ondo Short-Term US Government Bond Fund (OUSG) · Live (scaled)
- Ondo US Dollar Yield (USDY) · Live (scaled)
- OpenEden TBILL Fund · Live (scaled)
- PAX Gold (PAXG) · Live (scaled)
- PayPal USD (PYUSD) · Live (scaled)
- Progmat security token platform · Live (scaled)
- Ripple Payments cross-border settlement · Live (scaled)
- Ripple USD (RLUSD) · Live (scaled)
- Robinhood Stock Tokens · Live (scaled)
- Sky USDS and DAI protocol dollars · Live (scaled)
- Spiko Amundi Overnight Swap Fund (SAFO) · Live (scaled)
- Spiko EU T-Bills Money Market Fund (EUTBL) · Live (scaled)
- Tether Gold (XAUT) · Live (scaled)
- Tether USDt (USDT) · Live (scaled)
- TrueUSD (TUSD) dollar stablecoin · Live (scaled)
- United Stables U dollar stablecoin · Live (scaled)
- USDD crypto-collateralised dollar · Live (scaled)
- WisdomTree Treasury Money Market Digital Fund (WTGXX) · Live (scaled)
- World Liberty Financial USD (USD1) · Live (scaled)
- XSGD Singapore dollar stablecoin · Live (scaled)
- xStocks tokenised equities (Backed, Kraken) · Live (scaled)
- 21X DLT trading and settlement system · Live (limited)
- Aave Horizon · Live (limited)
- abrdn Liquidity Fund (Lux) tokens via Archax · Live (limited)
- AE Coin UAE dirham stablecoin · Live (limited)
- Africa Finance Corporation digital CHF bond on SDX · Live (limited)
- Agant GBPA sterling stablecoin · Live (limited)
- Agora AUSD dollar stablecoin · Live (limited)
- AllUnity CHFAU Swiss franc stablecoin · Live (limited)
- AllUnity EURAU euro stablecoin · Live (limited)
- AMINA Gold Token (formerly SEBA Gold Token) · Live (limited)
- Amundi Core STOXX Europe 600 UCITS ETF tokenised share class · Live (limited)
- Amundi Funds Cash EUR tokenised share class (J28 EUR DLT) · Live (limited)
- Amundi Money Market Fund - Short Term tokenised classes for Ant International · Live (limited)
- Anchorpoint HKDAP Hong Kong dollar stablecoin · Live (limited)
- Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) · Live (limited)
- Ant International Whale tokenised treasury settlement · Live (limited)
- Apollo Diversified Credit Securitize Fund (ACRED) · Live (limited)
- Archax beneficial ownership tokens on State Street, Fidelity International and LGIM money market funds · Live (limited)
- AUDD Australian dollar stablecoin · Live (limited)
- AUDF Australian dollar stablecoin (Forte AUD) · Live (limited)
- AUDM Australian dollar stablecoin (Macropod) · Live (limited)
- Aviva Investors Sterling Liquidity Fund tokenised share class (XRP Ledger) · Live (limited)
- Aviva Investors US Dollar Liquidity Fund tokenised share class (XRP Ledger) · Live (limited)
- Axiology DLT trading and settlement system (digital bonds) · Live (limited)
- Baillie Gifford Enhanced Yield Fund (BAGEY) · Live (limited)
- Bank of Jamaica JAM-DEX retail CBDC · Live (limited)
- Banking Circle EURI euro stablecoin · Live (limited)
- Berlin Hyp blockchain Pfandbrief on SWIAT · Live (limited)
- Bitfinex Securities tokenised securities platform (Liquid Network) · Live (limited)
- Bitwise Crypto Carry Fund (USCC) · Live (limited)
- BlackRock BUIDL as off-exchange collateral on Binance · Live (limited)
- BlackRock BUIDL as trading collateral on Crypto.com and Deribit · Live (limited)
- BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) · Live (limited)
- BlackRock ICS money market funds, tokenised share classes (Kinexys, Ethereum) · Live (limited)
- BlackRock Select Treasury Based Liquidity Fund OnChain Shares (BSTBL) · Live (limited)
- Blockstream Mining Note 2 (BMN2) on STOKR · Live (limited)
- BNY and Goldman Sachs tokenised money market fund shares (LiquidityDirect and GS DAP) · Live (limited)
- BOCI tokenised structured notes on Ethereum (UBS Tokenize) · Live (limited)
- Bridge USDB closed-loop stablecoin · Live (limited)
- BRLA Brazilian real stablecoin (Avenia) · Live (limited)
- CACEIS EURXT euro stablecoin · Live (limited)
- Calastone Tokenised Distribution network · Live (limited)
- Canton of Basel-Stadt digital bond on SDX · Live (limited)
- Canton of Zurich digital bond on SDX · Live (limited)
- Central Bank of Nigeria eNaira · Live (limited)
- Central Bank of The Bahamas Sand Dollar · Live (limited)
- Circle Payments Network (CPN) · Live (limited)
- Circle USYC as off-exchange collateral on Binance · Live (limited)
- Citi Token Services for Cash · Live (limited)
- City of Lugano digital bonds on SDX · Live (limited)
- City of St. Gallen digital bond on SDX · Live (limited)
- ClearBank Digital Asset Rails · Live (limited)
- ClearToken CT Settle and CT Pay · Live (limited)
- CMB International USD Money Market Fund tokens (DigiFT) · Live (limited)
- cNGN naira stablecoin · Live (limited)
- Coinbase Tokenized Stocks on Base · Live (limited)
- Coins.ph PHPC Philippine peso stablecoin · Live (limited)
- DBS Token Services · Live (limited)
- DCJPY tokenised yen deposits (DeCurret DCP network) · Live (limited)
- DDSC UAE dirham stablecoin · Live (limited)
- Decibel usDCBL exchange stablecoin · Live (limited)
- Delta Wellington Ultra Short Treasury On-Chain Fund (ULTRA) · Live (limited)
- Dinari dShares tokenised US stocks and ETFs · Live (limited)
- DTCC Tokenization Service · Live (limited)
- EIB digital bonds on GS DAP · Live (limited)
- EquiLend 1Source securities lending ledger · Live (limited)
- ESM digital bond programme on D7/Pontes · Live (limited)
- Eurex Clearing DLT-based collateral mobilisation (via HQLAX) · Live (limited)
- Euroclear D-FMI digitally native notes (multi-issuer) · Live (limited)
- Eurosystem Pontes DLT settlement in central bank money · Live (limited)
- Exodus (EXOD) tokenised Class A shares on Algorand · Live (limited)
- Fidelity Digital Dollar (FIDD) · Live (limited)
- Fidelity International USD Digital Liquidity Fund · Live (limited)
- Fidelity Treasury Digital Fund OnChain share class (FDIT) · Live (limited)
- Figure (FGRS) blockchain-native common stock on Provenance · Live (limited)
- Figure Democratized Prime lending marketplace · Live (limited)
- Figure YLDS yield-bearing dollar token · Live (limited)
- Forward Industries (FWDI) tokenised Class A shares on Solana · Live (limited)
- Frankencoin (ZCHF) Swiss franc stablecoin · Live (limited)
- Franklin OnChain U.S. Dollar Short-Term Money Market Fund (sgBENJI) · Live (limited)
- Franklin OnChain U.S. Government Money Fund (FOBXX) · Live (limited)
- Franklin OnChain U.S. Government Money Fund, Luxembourg UCITS (gBENJI) · Live (limited)
- Franklin Templeton tokenised MMF as off-exchange collateral on Binance · Live (limited)
- Frontier Stable Token (FRNT) · Live (limited)
- Galaxy (GLXY) tokenised Class A shares on Solana · Live (limited)
- Gemini Dollar (GUSD) · Live (limited)
- Guggenheim Treasury Services Digital Commercial Paper (DCP) · Live (limited)
- Hamilton Lane Equity Opportunities Securitize Fund V (HLEOV) · Live (limited)
- Hamilton Lane Secondary VI Securitize Fund (HLSF6) · Live (limited)
- Hamilton Lane Senior Credit Opportunities Securitize Fund (HLSCOPE) · Live (limited)
- Hastra PRIME (staked wYLDS) · Live (limited)
- HL SCOPE Access Fund on KAIO (formerly Libre) · Live (limited)
- HQLAX and Deutsche Börse collateral basket swaps (Eurex Repo) · Live (limited)
- HSBC Orion digital bond issuance · Live (limited)
- HSBC RedCoin Hong Kong dollar stablecoin · Live (limited)
- HSBC Tokenised Deposit Service · Live (limited)
- HSBC tokenised physical gold for institutional clients · Live (limited)
- J.P. Morgan and HQLAx on-chain intraday repo · Live (limited)
- J.P. Morgan My OnChain Net Yield Fund (MONY) · Live (limited)
- JPM Coin (JPMD) USD deposit token · Live (limited)
- JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX) · Live (limited)
- JPYC yen stablecoin · Live (limited)
- JPYSC trust-type yen stablecoin (SBI Shinsei Trust & Banking) · Live (limited)
- Justoken agricultural commodity tokens (soy, soybean oil, corn, cotton) · Live (limited)
- Justoken Enertoken electricity tokens (JMWH) for YPF Luz · Live (limited)
- KfW blockchain bonds (crypto securities under the eWpG) · Live (limited)
- Kinexys Fund Flow · Live (limited)
- Kinexys Tokenized Collateral Network (TCN) · Live (limited)
- KKR Health Care Strategic Growth Fund II Securitize Fund (SKHC) · Live (limited)
- LSEG Digital Markets Infrastructure for private funds · Live (limited)
- Mastercard stablecoin settlement for issuers, acquirers and merchants · Live (limited)
- Matrixdock Short-term Treasury Bill Token (STBT) · Live (limited)
- MetaMask USD (mUSD) stablecoin · Live (limited)
- Midas mTBILL · Live (limited)
- Monerium EURe euro e-money token · Live (limited)
- MoneyGram USD (MGUSD) stablecoin · Live (limited)
- MoneyGram USDC app and card in Colombia · Live (limited)
- MoonPay enterprise stablecoin issuance platform · Live (limited)
- Mubadala Capital Alternative Solutions Fund, KAIO tokenised (MCAS) · Live (limited)
- MXNB Mexican peso stablecoin (Juno, Bitso) · Live (limited)
- Natixis Pfandbriefbank digital registered covered bond on SWIAT · Live (limited)
- NRW.BANK blockchain bond on Polygon (crypto security under the eWpG) · Live (limited)
- OCBC-LionGlobal Physical Gold Fund Token (GOLDX) · Live (limited)
- ODDO BHF EUROD euro stablecoin · Live (limited)
- Open USD (OUSD) · Live (limited)
- Partior cross-border clearing and settlement · Live (limited)
- pathUSD Tempo quote stablecoin · Live (limited)
- Pax Dollar (USDP) · Live (limited)
- PayPal Pay with Crypto for merchants · Live (limited)
- People's Bank of China digital renminbi (e-CNY) · Live (limited)
- Phantom CASH stablecoin · Live (limited)
- PKH Mining Note 2 (PKH2) on STOKR · Live (limited)
- PRYPCO Mint tokenised property title deeds · Live (limited)
- QCAD Canadian dollar stablecoin · Live (limited)
- QCD Money Market Fund (QCDT) tokenised MMF · Live (limited)
- Quantoz EURQ euro stablecoin · Live (limited)
- Quantoz USDQ dollar stablecoin · Live (limited)
- Reality rTokens tokenised US stocks and ETFs · Live (limited)
- Revolut Euro (EURR) stablecoin · Live (limited)
- Roughrider Coin · Live (limited)
- Sachsen-Anhalt state crypto bond on SWIAT · Live (limited)
- Samsung Wallet Stablecoin Account · Live (limited)
- Schuman Financial EURØP euro stablecoin · Live (limited)
- Securitize (SECZ) issuer-sponsored tokenised common stock · Live (limited)
- Securitize Tokenized AAA CLO Fund (STAC) · Live (limited)
- SG-FORGE EUR CoinVertible (EURCV) · Live (limited)
- SG-FORGE USD CoinVertible (USDCV) · Live (limited)
- SiriHub2 real-estate-backed investment token (XSpring Digital) · Live (limited)
- SIX Digital Exchange tokenised shares in a regulated CSD · Live (limited)
- SIX Group dual-part digital bond on SDX · Live (limited)
- Société Générale security token bonds via SG-FORGE · Live (limited)
- SoFiUSD stablecoin · Live (limited)
- Spiko US T-Bills Money Market Fund (USTBL) · Live (limited)
- Stable Mint USDSM and EURSM stablecoins · Live (limited)
- START security token market (Osaka Digital Exchange) · Live (limited)
- State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) · Live (limited)
- Stripe stablecoin payments acceptance · Live (limited)
- Sui Dollar (USDsui) stablecoin · Live (limited)
- Taurus Digital Exchange (TDX) marketplace for tokenised securities · Live (limited)
- Tether USA₮ (USAT) issued by Anchorage Digital Bank · Live (limited)
- Tokenised GBP (tGBP) sterling stablecoin · Live (limited)
- Tokenized Phillip USD Money Market Fund (tMMF-USD) · Live (limited)
- UBS USD Money Market Investment Fund Token (uMINT) · Live (limited)
- USDC payments on Shopify Payments · Live (limited)
- USDGO stablecoin · Live (limited)
- USDtb stablecoin · Live (limited)
- VanEck Treasury Fund (VBILL) · Live (limited)
- Visa stablecoin settlement for issuers and acquirers · Live (limited)
- Western Union USDPT stablecoin · Live (limited)
- WisdomTree digital funds (bond, equity and allocation) · Live (limited)
- WisdomTree Gold Token (WTGOLD) · Live (limited)
- World Bank digital CHF bond on SDX · Live (limited)
- World Bank digitally native notes on Euroclear D-FMI · Live (limited)
- ZAR Universal (ZARU) rand stablecoin · Live (limited)
- ZARP rand stablecoin · Live (limited)
- AllUnity SEKAU Swedish krona stablecoin · Pilot
- Ant Digital Technologies cross-border energy RWA financings · Pilot
- ANZ A$DC Australian dollar stablecoin · Pilot
- Bank of Korea Project Hangang (deposit tokens on a wholesale CBDC) · Pilot
- Billiton Diamond tokenised diamond inventory (Ctrl Alt, XRP Ledger) · Pilot
- BIS Project Agorá · Pilot
- BLOOM (Borderless, Liquid, Open, Online, Multi-currency) · Pilot
- BNP Paribas Asset Management tokenised money market fund share classes · Pilot
- BNY tokenised deposits · Pilot
- Canton Network on-chain US Treasury financing (industry working group) · Pilot
- Central Bank of the UAE Digital Dirham pilot · Pilot
- CHF stablecoin sandbox (CHFD) · Pilot
- CIMB tokenised deposit and tokenised sukuk pilot · Pilot
- Great British Tokenised Deposit (GBTD) pilot · Pilot
- Hazel Network (Avit tokenised deposits) · Pilot
- HKMA EnsembleTX tokenised deposit pilot · Pilot
- Lloyds tokenised sterling deposits on Canton · Pilot
- MAS Singapore dollar wholesale CBDC live trials · Pilot
- Maybank tokenised deposit pilot for cross-border corporate payments · Pilot
- mBridge multi-CBDC cross-border payments platform · Pilot
- MUFG domestic tokenised investment trust pilot (Progmat) · Pilot
- OKX and Standard Chartered collateral mirroring programme · Pilot
- Project Trinity stablecoin DvP for security token secondary trades · Pilot
- Reserve Bank of India retail digital rupee (e₹-R) pilot · Pilot
- Reserve Bank of India wholesale digital rupee (e₹-W) pilot · Pilot
- SEBI Demat 2.0 tokenised corporate bond pilot · Pilot
- Standard Chartered Malaysia ringgit stablecoin pilot with Capital A · Pilot
- Sterling Fnality Payment System (£FnPS) · Pilot
- Swift blockchain ledger for tokenised deposit payments · Pilot
- Swiss National Bank Project Helvetia wholesale CBDC pilot on SDX · Pilot
- U.S. Bank USBDC stablecoin pilot · Pilot
- UBS tokenised fund subscription and redemption via Chainlink DTA · Pilot
- UBS Tokenize notes and warrants (Asia Pacific) · Pilot
- UOB digital bond pilot on Marketnode · Pilot
- Bank Indonesia Project Garuda (wholesale digital rupiah) · Proof of concept
- Bank of England Synchronisation Lab · Proof of concept
- BBVA bank token on Visa Tokenized Asset Platform · Proof of concept
- Broadridge DLR and Fnality real-time intraday repo settlement · Proof of concept
- Chainlink corporate actions golden record initiative (with Swift, DTCC, Euroclear and banks) · Proof of concept
- CME Group tokenised cash for margin on Google Cloud Universal Ledger · Proof of concept
- DTCC Collateral AppChain (tokenised real-time collateral management) · Proof of concept
- Euroclear and Digital Asset tokenised collateral on Canton · Proof of concept
- Fnality and HQLAX cross-chain repo settlement · Proof of concept
- KDPW CSDonDLT (blockchain layer of Poland's central securities depository) · Proof of concept
- KlarnaUSD stablecoin on Tempo · Proof of concept
- LSEG Digital Settlement House (DiSH) · Proof of concept
- Mastercard Multi-Token Network (MTN) · Proof of concept
- MUFG, SMBC and Mizuho jointly issued yen stablecoin · Proof of concept
- Norges Bank CBDC and tokenisation sandbox · Proof of concept
- Swiss Bankers Association Deposit Token proof of concept · Proof of concept
- ClearToken CSD Digital Securities Depository (CT Register) · Announced
- CSD Prague DLT settlement system · Announced
- CSOP Hong Kong Dollar Money Market ETF Unlisted Tokenised Class · Announced
- DBS Physical Gold Token · Announced
- Fiserv FIUSD stablecoin for banks and merchants · Announced
- JPM Coin (JPMD) on the Canton Network · Announced
- LMAX Group RLUSD collateral and settlement integration · Announced
- Monument Bank tokenised retail deposits on Midnight · Announced
- MUFG on-chain Japanese government bond repo (Canton) · Announced
- Nasdaq trading of securities in tokenised form · Announced
- Nomura, Daiwa and megabank groups' blockchain transfer of book-entry securities proof of concept · Announced
- NYSE tokenised securities trading platform · Announced
- Qivalis bank-consortium euro stablecoin · Announced
- Schroders Onchain Active Returns (SOAR) tokenised money market fund share class · Announced
- Securitize Europe DLT trading and settlement system · Announced
- Seturion pan-European settlement platform for tokenised securities · Announced
- SeturionX (formerly BX Digital) DLT trading facility · Announced
- Société Générale tokenised collateral, repo and CoinVertible on Canton · Announced
- UK Digital Gilt Instrument (DIGIT) pilot · Announced
- Wells Fargo tokenised deposits · Announced
- Zand AED (AEDZ) dirham stablecoin · Announced
- StablR EURR and USDR stablecoins · Paused
- Banco Central do Brasil Drex pilot (tokenisation platform with wholesale CBDC) · Inactive
- Bank of Taiwan multi-bank proof of concept on tokenised precious-metal services · Inactive
- Cassa Depositi e Prestiti digital bond on Polygon (2024) · Inactive
- DTCC Smart NAV pilot (fund NAV data on chain with Chainlink) · Inactive
- Eastern Caribbean Central Bank DCash retail CBDC pilot · Inactive
- EIB digital bond on public Ethereum · Inactive
- EIB digital Climate Awareness Bond on so|bond · Inactive
- Eurosystem exploratory work on wholesale DLT settlement in central bank money · Inactive
- Goldman Sachs–Clearstream intraday repo on HQLAX in the Eurosystem DLT trials · Inactive
- Hong Kong government tokenised green bond on GS DAP (2023) · Inactive
- Philippines tokenised treasury bonds (2023) · Inactive
- RBA and DFCRC Project Acacia (pilot wholesale CBDC for tokenised markets) · Inactive
- Republic of Slovenia digital bond on BNP Paribas Neobonds (2024) · Inactive
- Riksbank e-krona pilot · Inactive
- Santander end-to-end blockchain bond on Ethereum · Inactive
- SARB Project Khokha 2 (tokenised debentures and wholesale CBDC) · Inactive
- Siemens digital bond on Polygon · Inactive
- Siemens digital bond on SWIAT · Inactive
- UBS digital bond on SDX · Inactive
- Vonovia digital registered bond on Stellar · Inactive
- World Bank Bond-i blockchain bond · Inactive
Solid chips: use case evidenced by real transactions. Dashed: live capability, no evidenced use yet. Dotted: planned.