CME, Broadridge, UBS, and Ondo advance tokenization with new products, digital asset platforms, and atomic settlement solutions in 2026.
Wall Street is making major strides in tokenization as institutions roll out new products and platforms. CME, Broadridge and UBS all made advances this week, while Ondo Finance announced several firsts at its Summit. These moves are indicative of a landmark for the adoption of digital assets and modernization of the markets.
Ondo Summit Unveils Tokenization Innovations
Ondo Finance launched a number of new offerings like Ondo Perps, MetaMask integration, EU access, an SEC filing and day one access to tokenized stock IPOs. These developments are designed to increase access to tokenized products for investors and simplify the trading workflow. Ondo’s push shows how there’s an increasing convergence between the DeFi infrastructure and regulated financial markets.
A landmark week for tokenization.
Wall Street institutions advanced tokenization efforts as CME, Broadridge, and UBS moved forward, alongside new product launches from Ondo.
Must-read tokenization news ↓
1️⃣ Key firsts announced at the Ondo Summit
Ondo Finance announced Ondo… pic.twitter.com/e0aBVkkVOy
— Ondo Finance (@OndoFinance) February 8, 2026
CME Group confirmed the plans for “CME Coin,” which is a tokenized cash solution for institutional collateral management and settlement. The initiative also includes collaboration with Google in improving tokenized cash operations. These efforts are to effect efficiency and to minimize operational risk in the institutional trading.
Broadridge is using stablecoins to implement instant settlement of repo transactions. The firm is also looking to expand the number of supported assets on its Distributed Ledger Repo solution. In doing so, Broadridge aims to bring the traditional clearing processes into the age of modernity and lower the settlement latency period.
Tradeweb Markets sees tokenization as an infrastructure upgrade, not a threat. During its very recent earnings call, the electronic trading venue showcased opportunities for faster, more efficient transactions. Tokenization enables almost immediate transfers, reducing idle capital and increasing the efficiency of balance sheets for institutional participants.
UBS is pursuing a fast follower strategy in tokenization. CEO, Sergio Ermotti, said the bank is looking into crypto access for private clients but is keeping abreast of market developments to make tokenization effective. UBS seeks to make use of existing infrastructure in order to speed up deployment without undue risks.
Institutional Tokenization Momentum Builds
State Street started the Digital Asset Platform in Jan 2026 with plans to get tokenised MMFs, ETFs and stablecoins with bank credit. For qualified safekeeping of digital assets and tokenized deposits, Citibank is targeting 2026 for their institutional crypto custody service.
The SEC’s innovation sandbox is now open to eligible firms to issue tokens under controlled conditions. This regulatory clarity promotes experimentation with tokenized financial products without jeopardizing investor protection.
Industry experts drive efficiency over novelty. Institutions are increasingly relying on tokenization to eliminate the risk of settlement, improve collateral mobility and enable atomic settlement. This move away from T+1/T+2 settlement and towards near-instant transfers removes the friction from operations and releases capital for productive use.
Standard Chartered CEO Bill Winters expected most financial transactions to eventually settle on-chain. He estimates the tokenized asset market could grow to $400 billion by the end of 2026 and this is due to wider institutional adoption and operational efficiencies.
All in all, this wave of initiatives shows that tokenization goes from being an experiment to being widely used. With major banks, exchanges, and fintech companies jumping into the digital asset space, Wall Street is bracing itself for the future of tokenized products in global finance.