PENDLE targets growth in tokenized stocks with expanded RWA listings

Circle: Circle is the issuer of the USDC stablecoin and developer of infrastructure such as the Arc blockchain for payments, tokenized assets, and institutional finance. It maintains partnerships across traditional finance and crypto. The news notes its contribution to multiple large tokenized stock products in the growing onchain market. Delphi: Delphi Digital is a cryptocurrency research firm that produces in-depth reports and analysis on DeFi, real-world assets, and market infrastructure. Its recent work focuses on onchain equity markets and the gap between tokenized asset issuance and DeFi utility. The firm is directly quoted in the news for highlighting how tokenized stocks are arriving faster than protocols can integrate them productively. Pendle: Pendle is a DeFi protocol that enables the tokenization, trading, and speculation of future yields from assets including RWAs. It has recently expanded into tokenized infrastructure equity and other yield-bearing products through integrations and new chain deployments. The news identifies Pendle as positioned to capture demand for tokenized stocks via expanded RWA listings, permissioned infrastructure, and curator models. Strategy: Strategy, formerly MicroStrategy, is a publicly traded company focused on Bitcoin treasury management that also participates in tokenized asset products. It is referenced alongside Circle for involvement in several leading tokenized stock offerings. Recent activity includes share repurchases and balance sheet management while maintaining its core treasury approach. Securitize: Securitize is a tokenization infrastructure provider that issues and manages onchain representations of traditional assets such as equities and funds, with institutional partnerships. It recently went public via SPAC merger and benefits from regulatory developments supporting tokenized securities. The news highlights its SECZ product as the largest individual tokenized stock by value. Product: Pendle is advancing RWA capabilities through integrations that enable trading of tokenized infrastructure yields and other yield products. Adoption: Tokenized stocks are seeing rapid onchain issuance but remain underutilized in DeFi beyond basic trading and lending pools. Regulation: U.S. regulators recently granted a temporary exemption allowing limited onchain trading of tokenized publicly traded U.S. stocks on certain venues.