What happened
Australian cryptocurrency exchange BTC Markets formally notified the Australian Securities and Investments Commission of its intention to apply for a markets licence to trade regulated tokenised real-world assets. Chief Executive Lucas Dobbins outlined plans to enable tokenised equities, bonds, and RWAs to trade alongside digital currencies on continuous markets with instant settlement.
Why it matters here
Securing an ASIC markets licence for tokenised real-world assets bridges traditional financial markets and blockchain infrastructure in Australia. With global tokenised markets projected to reach $2 trillion by 2030, Australian investors could gain access to 24/7 liquidity, fractional ownership, and instant settlement across conventional asset classes.
What to watch
Formal market licence application submissions to ASIC and subsequent regulatory guidance updates on tokenised financial product trading across domestic Australian markets.
Source
coinmarketcap.com