BTC Markets eyes RWA trading license amid global tokenization wave

The roughly $26 billion in tokenized assets onchain today “is really just the proof of concept,” said BTC Markets CEO Lucas Dobbins.

Australian crypto exchange BTC Markets has notified the country’s securities regulator, the Australian Securities and Investments Commission, of its intention to apply for a markets license to offer regulated tokenized real-world assets (RWAs).

“Our plan is to obtain licensing infrastructure that enables particular types of tokenized assets to be offered and available to the public,” said BTC Markets CEO Lucas Dobbins on Monday.

The vision is a world where tokenized equities, bonds, and real-world assets will trade alongside cryptocurrencies, markets will operate continuously, and settlement will be instant, he added.

Read more