As tokenized stocks, commodities, and institutional financial products expand, Wall Street’s presence on-chain continues to grow.
In October 2026, tokenization within the Solana ecosystem continued to mark another significant month. Major financial institutions expanded their on-chain product offerings, tokenized stocks reached new milestones, and traditional financial infrastructure providers further integrated blockchain-based settlement into their operations.
The month also highlighted the growing diversity of tokenized asset types, including gold, money market funds, trade finance instruments, structured notes, and stablecoins. Meanwhile, developments involving the New York Stock Exchange, JPMorgan, and Securitize demonstrate that tokenization is increasingly becoming part of the broader financial industry’s long-term infrastructure planning.
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October 2: Fiserv’s digital assets platform launches on Solana
Fiserv's digital assets platform has officially launched, with transactions processed on Solana using Roughrider Coin, a digital currency issued for the State Bank of North Dakota.
VersaBank is responsible for issuing the token and managing custody and reserves, while Fireblocks provides the tokenization infrastructure. Participating banks can access the system through their existing interbank transfer platform, Commercial Center. This launch demonstrates that blockchain infrastructure can be integrated with traditional banking systems to enhance payment and settlement efficiency.
October 5: Tokenized Swiss Gold Lands on Solana
The tokenized gold product $DGLD from Swiss refiner MKS PAMP is now live on Solana, with SwissBorg providing access to its network of over one million users.
Each $DGLD token represents fractional ownership of one troy ounce of physical gold, stored in a Swiss vault. This listing expands Solana’s tokenized commodities market and brings another precious metal product on-chain.
October 7: Tokenized silver issuer Dominion Market announces closure.
The issuer of $SILV, Dominion Market, announced it will shut down following an attack on September 11.
This attack severely damaged the project’s liquidity and working capital, leaving it without sufficient resources to resume operations. This shutdown highlights the security and liquidity risks facing tokenized commodity issuances, even as the broader market continues to expand.
October 8: Securitize launches tokenized U.S. stocks
The initial products include securities entitlements for shares of Apple, Microsoft, NVIDIA, Google, Tesla, Meta, Amazon, Netflix, Circle, SpaceX, Strategy, and Palantir.
Unlike products that primarily provide exposure to stock price fluctuations, Securitize Stocks aims to preserve the economic benefits and investor rights associated with the underlying stocks, including applicable dividends and voting rights for eligible investors.
October 12: OSL brings tokenized digital asset funds to Solana
OSL tokenized the USDGO Plus SP from 2WA on Solana, a market-neutral digital assets fund.
October 20: Solana regains the lead in tokenized stock holders
After being surpassed by Robinhood in July, Solana has once again become the blockchain with the highest number of tokenized stock holders.
October 22: J.P. Morgan brings tokenized money market funds to Solana
J.P. Morgan Asset Management is expanding its tokenized money market fund to Solana, bringing MONY and JLTXX to the network.
MONY, or My OnChain Net Yield Fund, and JLTXX, or JPMorgan OnChain Liquidity Token Money Market Fund, are available to qualified U.S. investors through Morgan Money. Investors can subscribe to and redeem these funds via the platform, with token balances directly received in their Solana wallets.
On the same day, tokenized credit supply on Solana reached a new all-time high of $1.236 billion, indicating growing market demand for on-chain credit products.
October 25: Tokenized commodity supply reaches a new high
The supply of tokenized goods on Solana has risen to a new all-time high of $63.2 million.
This milestone reflects the ongoing expansion of on-chain exposure to physical commodities, including gold and silver.
October 26: PrimeRevenue brings trade finance assets to Solana
PrimeRevenue announced plans to tokenize its electronic trade drafts (ETDs) on Solana.
ETDs represent the buyer’s obligation to pay a specified amount on a designated future date. PrimeRevenue plans to record the issuance, transfer, lifecycle events, and final settlement of ETDs on-chain. The company’s existing working capital platform serves 50,000 companies and over 100 financing partners, facilitating more than $300 billion in payment transactions annually.
On the same day, the tokenized Donald Trump Media stock (DJT) issued by Backpack recorded approximately $20 million in Solana trading volume within 24 hours, equivalent to 83.3% of the stock's estimated average daily trading volume of $24 million in traditional markets.
October 28: Mirae Asset issues tokenized financing notes
Mirae Asset Securities Hong Kong completed a tokenized financing note issuance on Solana under its $3 billion secured structured note program. Managing over $1 trillion in client assets, Mirae Asset issued six-month, U.S. dollar-denominated floating-rate notes to qualified institutional investors.
The Hong Kong securities division is responsible for token issuance, payments, and lifecycle operations, while Marketnode, a regulated digital market infrastructure operator in Singapore, supported the transaction as an authorized distributor. The Solana Foundation also supported this project.
October 29: Ondo launches Smart Portfolio
Ondo Finance launches Ondo Intelligent Portfolios on Solana, introducing seven curated portfolios covering income, growth, and thematic strategies.
Each portfolio combines tokenized stocks and ETFs into a single tradable token and automatically rebalances. Three of these portfolios use investment products supported by BlackRock.
On the same day, the number of tokenized stocks on Solana exceeded 2,077 unique products, setting a new all-time high.
October 29: Backpack partners with SK Securities
Backpack has announced a strategic partnership with South Korean listed brokerage SK Securities to expand international investors' access to Korean stocks.
This partnership will provide Korean stock trading services to eligible non-resident foreign investors through the Backpack app. The two parties also plan to explore opportunities involving tokenized securities and real-world assets, potentially connecting Korea’s traditional financial markets with global on-chain liquidity.
October 30: HKD Stablecoin Expands to Solana
Anchorpoint Financial announces a strategic partnership with the Solana Foundation to bring its HKD-backed stablecoin, $HKDAP, to Solana.
Anchorpoint is a licensed stablecoin issuer based in Hong Kong, backed by Standard Chartered Bank, HKT, and Animoca Brands. This integration will enable native minting and redemption on Solana, providing near-instant settlement for retail payments, tokenized assets, and cross-border financial transactions.
Broader trend: Institutional tokenization is extending beyond equities
October showed that tokenization continues to expand from equities to nearly all major categories of financial assets. J.P. Morgan, Mirae Asset, PrimeRevenue, OSL, and Securitize have launched or expanded tokenized financial products on Solana, covering money market funds, structured notes, trade finance, digital asset funds, and listed stocks.
Meanwhile, the adoption of tokenized stocks continues to grow. By the end of October, approximately 1.74 million addresses on Solana held tokenized stocks, with over 2,077 unique tokenized stock products available.
This month also reignited market interest in the long-term role of tokenization in traditional financial markets. Carlos Domingo, CEO of Securitize, appeared on the New York Stock Exchange channel, stating that tokenization is the future of how products circulate in capital markets.
Tatsunori Kondo of IBM also offered a similar long-term perspective, suggesting that tokenization may eventually become so widespread that financial institutions will stop using the term.
October demonstrated that this shift is not merely about moving existing financial assets onto the blockchain. Institutions are increasingly exploring new distribution channels, settlement systems, liquidity mechanisms, and investment products.
As traditional financial companies continue to develop these systems, Solana’s role in the tokenization market is expanding from stocks to a broader range of financial and real-world assets.
These developments indicate that tokenization is gradually evolving from a standalone financial innovation into an increasingly integrated component of global capital markets.