Meta to Enable Stablecoin Payments for 3.35B Users; Securitize Gains Jump Crypto Investment, SOL Strategies Explores Tokenization on Solana

Meta Platforms Inc., the parent company of Facebook, is reportedly planning to introduce stablecoin payments across its platforms, including Facebook, Instagram, and WhatsApp. This initiative aims to enable crypto payments for its 3.35 billion users, according to reports from Fortune. In the realm of real-world asset (RWA) tokenization, Securitize has secured a strategic investment from Jump Crypto, the digital asset arm of Jump Trading. This move is seen as a signal of growing confidence in the tokenization sector, which is rapidly expanding with the total value locked in RWAs reaching $22.4 billion. Securitize, previously backed by BlackRock with a $47 million investment, has been tokenizing assets on the Ethereum blockchain, including its flagship BUIDL fund, which manages $2.86 billion in assets. Since its launch, tokenized Treasury products have surged 800% to nearly $7 billion, with Securitize's products offering daily dividends and yield sharing to investors. The company is also preparing to launch a new blockchain called Converge in partnership with Ethena Labs, aimed at creating a compliant gateway for institutional capital into DeFi. On Monday, the SEC's Crypto Task Force will host a roundtable on tokenization with issuers including Securitize. SOL Strategies Inc., listed on the Canadian Securities Exchange (CSE: HODL) and OTCQB (CYFRF), has signed a non-binding memorandum of understanding with Superstate to explore the tokenization of its shares on the Solana blockchain. This initiative, if realized, would mark SOL Strategies as the first public issuer to list SEC-registered shares on a blockchain, leveraging Superstate's 'Opening Bell' platform. Superstate, led by Robert Leshner, has been managing tokenized funds like USTB, which yields 4.1% and manages $651 million, and USCC, which offers a 6% yield and manages $100 million. SOL Strategies, under the leadership of CEO Leah Wald, is also considering a Nasdaq listing but sees blockchain tokenization as a crucial next step. Investors will need to undergo a standard identity check (KYC) process to participate in the trading of these shares.