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In PWD coverage since September 2, 2026 · 16+ stories

3Deals on our tracker

Deal recordFull tracker →

Aug 31, 26Deal announcedLondon Stock Exchange Group — coverage

Aug 31, 26Deal announced — coverage

Aug 30, 26Deal talkHyperliquid Labs · Bitnomial — coverage

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The Close

Crypto is building the advisor on-ramp before the assets arrive

Four September announcements, read in sequence, describe a distribution chain being assembled for RIA portfolios, and the order in which they landed is the strategy.

adoption · Sep 26Payward stops chasing volume and starts selling the ledger

tokenization · Sep 24Ondo wraps BlackRock models in three non-US tokens

tokenization · Sep 23NYSE's tokenized venue needs holders, not more plumbing

tokenization · Sep 22Reap's peso token starts where its licenses already are

the_wrap · Sep 18Ether funds bled as the statute died on a 49-50 vote

Data · Sep 18Europe's insurers are now private credit's marginal buyer

the_wrap · Sep 18A five-year experiment built on plumbing, not tokens

regulation · Sep 17The SEC just put tokenized stocks on a five-year clock

the_wrap · Sep 17Revocable rules moved issuers to buy the exits

regulation · Sep 16Payward asks the CFTC to bless perps matched onchain

regulation · Sep 16Payward builds the onshore perp out of licenses it bought

adoption · Sep 16Kraken's parent builds a regulated door onto Hyperliquid

tokenization · Sep 14Kraken turns tokenized equity into collateral and keeps 25% of the yield

the_wrap · Sep 3LSE's tokenized stocks are loan notes, not shares

the_wrap · Sep 2LSE's Tokenized Stocks Are Loan Notes

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Crypto is building the advisor on-ramp before the assets arrive

The Morning Brief