Global Tokenization Report 2026
Our definitive annual institutional audit of the digital asset market. Evaluating RWA capitalization, stablecoin liquidity, and comprehensive institutional adoption metrics.
Frameworks & Core Architecture
View AllProgrammable Capital Markets (PCM)
An innovative conceptual framework detailing the three layers of tokenized finance: the ledger layer, the programmable asset layer, and the compliance logic layer.
TFIC Taxonomy v1.0
Technical Financial Instrument Classification. A detailed alphanumeric system designed to categorize the yield structure and legal validity of on-chain assets.
Whitepapers
The Emergence of Tokenized Markets
Analyzing the fundamental elements driving the migration of sovereign debt and money funds to public and permissioned distributed ledgers.
MiCA Stablecoin Risk Assessment
A quantitative assessment of liquidity risk in EU-regulated stablecoins under the provisions of EMT Article 43.