[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"blog-categories-en":3,"wp-translations":37,"fetchPost-news\u002Fbtc-markets-seeks-licence-en-1":41},[4,14,22,30],{"id":5,"graphqlId":6,"name":7,"slug":8,"image":9,"uri":10,"count":11,"children":12,"locale":13},1,"dGVybTox","News","news",null,"\u002Fcategory\u002Fnews\u002F",42,[],"EN",{"id":15,"graphqlId":16,"name":17,"slug":18,"image":9,"uri":19,"count":20,"children":21,"locale":13},47,"dGVybTo0Nw==","Reveal the Differences","reveal-the-differences","\u002Fcategory\u002Freveal-the-differences\u002F",12,[],{"id":23,"graphqlId":24,"name":25,"slug":26,"image":9,"uri":27,"count":28,"children":29,"locale":13},39,"dGVybTozOQ==","Swap Guides","swap-guides","\u002Fcategory\u002Fswap-guides\u002F",24,[],{"id":31,"graphqlId":32,"name":33,"slug":34,"image":9,"uri":35,"count":23,"children":36,"locale":13},43,"dGVybTo0Mw==","Trading Guides","trading-guides","\u002Fcategory\u002Ftrading-guides\u002F",[],{"post":38,"docs":40},[13,39],"RU",[13,39],{"type":42,"post":43},"post",{"id":44,"title":45,"slug":46,"uri":47,"date":48,"excerpt":49,"content":50,"postId":51,"language":52,"translations":56,"categories":63,"featuredImage":67,"seo":72},"cG9zdDoxMTE2","Reveal: BTC Markets Seeks a Markets Licence for Tokenized Assets","btc-markets-seeks-licence","\u002Fnews\u002Fbtc-markets-seeks-licence\u002F","2026-03-09T11:20:22","\u003Cp>Australia’s crypto market has mostly been about spot trading—Bitcoin, Ethereum, and the usual majors—plus the occasional local push for clearer rules. But a new move by BTC Markets hints at something bigger: a future where tokenized stocks, bonds, and other real-world assets (RWAs) trade alongside crypto, potentially on a 24\u002F7 schedule with near-instant settlement. That’s … \u003Ca class=\"link-more\" href=\"https:\u002F\u002Fgodbex.io\u002Fnews\u002Fbtc-markets-seeks-licence\u002F\"> Читать далее\u003C\u002Fa>\u003C\u002Fp>\n","\u003Cp>\u003Cspan style=\"font-weight: 400;\">Australia’s crypto market has mostly been about spot trading—Bitcoin, Ethereum, and the usual majors—plus the occasional local push for clearer rules. But a new move by BTC Markets hints at something bigger: a future where tokenized stocks, bonds, and other real-world assets (RWAs) trade alongside crypto, potentially on a 24\u002F7 schedule with near-instant settlement.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">That’s not just a nice vision statement. Cointelegraph reports that BTC Markets has notified Australia’s securities regulator (ASIC) of its intention to apply for a markets licence to offer regulated tokenized RWAs, with CEO Lucas Dobbins saying the goal is to obtain the licensing infrastructure needed to offer certain tokenized assets to the public. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">If approved, it would place BTC Markets in a growing global club of platforms blending TradFi-style assets with crypto rails—and it would also test how quickly Australia can modernize its regulatory framework for tokenized markets.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>What BTC Markets is proposing\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">According to the Cointelegraph report (via TradingView), BTC Markets wants to pursue a markets licence that would allow it to offer regulated tokenized assets such as tokenized equities, bonds, and other RWAs. Dobbins described a future where tokenized assets trade alongside cryptocurrencies, markets operate continuously, and settlement is instant. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Two details from the same report stand out:\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cul>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cspan style=\"font-weight: 400;\">Dobbins framed today’s onchain tokenized asset market—about \u003C\u002Fspan>\u003Cb>$26 billion\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">—as “proof of concept,” suggesting the real opportunity is still ahead. \u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cspan style=\"font-weight: 400;\">BTC Markets is explicitly trying to “join peers” like \u003C\u002Fspan>\u003Cb>Kraken\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and \u003C\u002Fspan>\u003Cb>Robinhood\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, which have already launched tokenized stock offerings in other jurisdictions. \u003C\u002Fspan>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">So this isn’t an isolated Australian experiment. It’s part of a broader tokenization race.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Tokenization is already real—and growing fast\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">If you want a quick reality check on whether tokenization is hype or substance, look at the onchain numbers.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">RWA.xyz—one of the most-cited trackers for tokenized real-world assets—shows a distributed asset value around $26.5B (excluding the stablecoin market cap in a separate line item). Cointelegraph’s report also referenced RWA.xyz and noted that Ethereum holds the largest share of the tokenized RWA market (excluding L2\u002FEVM platforms). \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">And the long-term forecasts are even more aggressive. A Boston Consulting Group (BCG) + ADDX report has famously estimated tokenization could reach about $16 trillion by 2030. (Cointelegraph also referenced a “high as $16T” estimate in the BTC Markets story.) \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Whether you believe every forecast or not, the direction is clear: tokenization is becoming a core theme for both crypto and traditional exchanges.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Why Australia is paying attention now\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Australia is in the middle of building a more explicit regulatory framework for digital asset platforms.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">ASIC’s own digital assets page notes the Australian Government has been consulting on exposure draft amendments to introduce digital asset platforms and tokenised custody platforms as new financial products, alongside proposals that include regulation of certain stablecoins. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Parliament’s summary of the Corporations Amendment (Digital Assets Framework) Bill 2025 describes reforms aimed at strengthening consumer protection, market integrity, and regulatory certainty for digital asset platforms and crypto exchanges. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">In other words, BTC Markets’ licensing push isn’t happening in a vacuum—it’s arriving as Australia tries to decide how crypto exchanges and tokenized assets fit inside existing financial-market rules.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>What “markets licence” could mean in practice\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">In Australia, there’s a big difference between:\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cul>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cspan style=\"font-weight: 400;\">an exchange offering spot crypto under existing compliance obligations (including AML\u002FCTF), and\u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cspan style=\"font-weight: 400;\">a platform operating like a regulated market venue for products that look more like securities.\u003C\u002Fspan>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">BTC Markets has already shown interest in “meeting TradFi in the middle.” Back in 2023, CEO Caroline Bowler wrote that if tokens are functionally equivalent to shares or bonds, crypto exchanges may need to be licensed “similar to traditional market licensees,” and that this could eventually allow an Australian-licensed crypto exchange to list crypto, traditional equities, and tokenized versions of traditional products side-by-side. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">So the new “markets licence” ambition is basically that idea becoming operational: a path toward tokenized securities trading within a regulated perimeter.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Why this matters for investors\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">From an investor perspective, tokenized RWAs can offer three powerful benefits—if done correctly:\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>1) More access, fewer frictions\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Tokenized equities and bonds can be designed for fractional ownership, which can reduce barriers for smaller investors.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>2) Longer trading hours\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">One of the recurring selling points of tokenization is extended trading availability—sometimes 24\u002F7 or close to it—rather than the traditional market-day window.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>3) Faster settlement\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Tokenized assets can potentially settle faster than legacy systems, reducing counterparty risk and freeing capital more efficiently.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">BTC Markets’ CEO explicitly pointed to this future: continuous markets and instant settlement. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">But investors should also keep expectations realistic: regulation, custody, and real-world legal enforceability are what separate “serious tokenization” from just “a token that tracks a price.”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>BTC Markets is joining a global wave\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Cointelegraph’s story connects BTC Markets to a broader trend where both crypto exchanges and stock-market giants are embracing tokenization.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">A few concrete examples:\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cul>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cb>Kraken\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> has expanded its tokenized stock initiative and recently introduced \u003C\u002Fspan>\u003Cb>xChange\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, an onchain trading engine aimed at tokenized equities across \u003C\u002Fspan>\u003Cb>Ethereum and Solana\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">. \u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cb>Robinhood\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> launched tokens allowing EU users to trade exposure to U.S. stocks and ETFs. \u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cspan style=\"font-weight: 400;\">The \u003C\u002Fspan>\u003Cb>New York Stock Exchange (ICE)\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> announced development of a tokenized securities platform designed for \u003C\u002Fspan>\u003Cb>24×7 trading\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> of U.S. equities and ETFs with tokenized settlement. \u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cb>Nasdaq\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> has filed proposals related to enabling tokenized securities trading within its existing market structure. \u003C\u002Fspan>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">When exchanges like NYSE and Nasdaq start building tokenized rails, tokenization stops being a crypto niche and starts looking like financial infrastructure evolution. BTC Markets is essentially trying to position Australia inside that shift rather than watching from the sidelines.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>The hard parts: what could slow this down\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">A move like this comes with real obstacles.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>Regulatory complexity\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Tokenized securities touch licensing, disclosure obligations, market integrity rules, and custody requirements. Australia’s ongoing reforms highlight how much work remains in defining these boundaries. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>Custody and investor protection\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Tokenized assets raise questions about who holds the underlying asset, how redemptions work, and how investor rights are enforced.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>Liquidity and market quality\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Even if a tokenized stock exists, it needs deep liquidity, robust price feeds, and strong market surveillance to avoid becoming a thin, manipulable side market.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>Consumer understanding\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Tokenization can confuse retail investors: “Do I own the stock or a derivative token?” That clarity matters, especially after high-profile debates around tokenized representations.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Conclusion\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">BTC Markets’ plan to apply for an ASIC markets licence to offer regulated tokenized RWAs is one of the clearest signs yet that Australia’s crypto sector is aiming beyond spot trading and into the tokenized future. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">It’s happening as tokenized RWAs on public blockchains sit around $26.5B in distributed asset value, and as forecasts for tokenization stretch as high as $16T by 2030. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">If BTC Markets succeeds, it could help bring tokenized equities, bonds, and other onchain real-world assets into a more regulated, investor-friendly Australian framework—at a time when major global players are racing to build similar rails.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>Follow us:\u003C\u002Fh3>\n\u003Cp>\u003Ca class=\"\" title=\"❌ Отсутствует или неверный префикс типа контента: "". 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