Major Banks Tokenize Assets On-Chain to Modernize Finance

• Leading global banks completed tokenized transactions on blockchain, marking a breakthrough.
• The event showcases blockchain's role in transforming financial infrastructure.

On December 12, 2025, The Block reported that leading global banks, including DTCC, Cumberland DRW, Virtu Financial, Tradeweb, Société Générale, Bank of America, and Citadel Securities, completed on-chain tokenized asset transactions. These transactions represent a pivotal move toward leveraging blockchain-based shared ledgers to reduce inefficiencies in the global financial system and modernize financial infrastructure.

The activity demonstrated institutional interoperability and showcased blockchain’s ability to securely and efficiently process transactions while maintaining compliance and privacy standards. The use of tokenized U.S. Treasuries as collateral illustrated blockchain's potential to enable real-time collateral reuse, unlocking liquidity and reducing systemic inefficiencies. Such developments are seen as a significant step forward for practical blockchain applications in finance.

Legacy systems have long grappled with challenges such as reconciliation delays, counterparty risks, and settlement inefficiencies. Blockchain-based shared ledgers offer synchronized asset movement and secure transactions, effectively addressing these problems. The technology’s capability for instant asset transfer lays the foundation for a global 24/7 financial system, allowing markets to respond dynamically to liquidity demands.

This initiative reflects an industry-wide shift from blockchain hype to validating its scalability and utility. It demonstrates how regulated financial institutions can adopt blockchain-based infrastructures to enhance efficiency without compromising compliance. The Block emphasized that scaling these advancements across jurisdictions and regulatory frameworks signals an inevitable transition toward a more resilient global financial system.

As of December 12, 2025, 15:08 UTC, Canton (CC) is trading at $0.074, reflecting a 1.35% increase in 24-hour trading volume, according to the latest market data.