BTC Markets notifies ASIC it will apply for licence to trade regulated tokenized real-world assets alongside crypto

Australian exchange BTC Markets told ASIC it plans to apply for a markets licence to offer regulated tokenized real-world assets (equities, bonds and other RWAs) that would trade alongside crypto with continuous markets and instant settlement. The company cited roughly $26B in tokenized assets on-chain today and forecasts market growth to $2T–$16T by 2030. The move follows industry activity from Kraken, Robinhood, Coinbase, Nasdaq and ICE; RWA.xyz reports $26.5B TVL on-chain with Ethereum holding a 57.4% share, and research estimates AU$24B/year in economic gains for Australia from tokenization.
AI Analysis
BTC Markets has formally notified ASIC of plans to apply for a markets licence to trade regulated tokenized RWAs and aims to offer tokenized equities, bonds and instant-settlement continuous markets; the summary cites current on-chain tokenized assets (~$26B/$26.5B TVL) and large forecast growth (to $2T–$16T), plus other exchanges (Kraken, Robinhood, Coinbase, Nasdaq, ICE) already moving into RWAs — facts that are net positive for tokenization adoption and for Ethereum given its 57.4% TVL share, but represent a medium/long-term structural development rather than an immediate tradable catalyst.
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