Building a more transparent world 🌎
Singapore
Joined May 2018
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Last Week in Blockchain - 26th October, 2026 🚨
1. Nine companies objected to tokenized trading of their shares on the OKX-ICE venue, the first issuer pushback against the SEC’s new tokenized stock framework [Crypto.news: crypto.news/okxice-faces-obj…]
4. Circle disclosed its USDC revenue split for the first time, showing $819M went to distribution partners and costs in H1 2026, laying bare how much of stablecoin economics flows to Coinbase and other channels. [The Block: theblock.co/news/business/20…]
5. Turkey confirmed the arrest of Hex founder Richard Heart, with police seizing $7.15M and six cold wallets. [The Block: theblock.co/news/regulation/…]
Many run them on private or hybrid infrastructure, taking the automation and leaving the ideology. The technology only needs to save them money.
This Week in Blockchain - 16th Oct, 2026
1. Thailand's SEC finalized 11 notifications permitting Bitcoin & Ether ETFs on Stock Exchange of Thailand requiring passive funds with 80% net exposure to single assets and SEC-regulated custodians. [The Block: theblock.co/news/regulation/…]
4. Ledger confirmed investigating asset losses tied to hardware wallets sold through authorized reseller CryptoBilis after attackers drained $92.9M from 311 wallets in suspected supply-chain compromise affecting Southeast Asia customers. [Shattered: shattered.io/ledger-cryptobi…]
5. European Securities & Markets Authority stated opinion that crypto-asset service providers authorized under MiCA must stop providing EU clients services involving noncompliant asset-referenced tokens and e-money tokens until authorized. [CryptoNews: cryptonews.net/news/legal/33…]
TOKEN2049 Singapore was all about what's working today.
Who's actually using the infrastructure? How is AI changing the way companies build and operate? Where is the revenue coming from?
@AhanRajgor and @niravbakshi1 spent the week in Singapore. Five shifts stood out.
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5. Tokenized assets are landing on more than one chain.
OKX and ICE filed to trade 63 tokenized NYSE stocks via permissioned Uniswap v4 pools on X Layer. Nasdaq’s pilot settles through DTC.
Venues are picking chains on cost, settlement and counterparties.
6. As always, great conversations with @theaadedewe , @NirupRam , @zane_suren and Maks Baranov.
Met Ahan or Nirav in Singapore, or building in stablecoin infra, agent payments or tokenization? We’d like to keep the conversation going.