Solana Tokenized Stock Holders Hit Record 1.5 Million, Up Fivefold Since August

Solana Tokenized Stock Holders Hit Record 1.5 Million, Up Fivefold Since August

The number of Solana tokenized stock holders climbed to a record 1.5 million on October 26, 2026, according to a post by Solana that cited Blockworks data, marking a fivefold increase from August. The figure counts addresses holding tokenized equity products on the network and represents a new all-time high.

The milestone underscores how quickly blockchain-based versions of traditional securities have spread across the network, even as research suggests rewards programs and the way holders are counted account for part of the surge. The growth has also not translated into equivalent demand for SOL, the network's native token, which has remained under pressure for weeks.

From One Million Wallets to 1.5 Million

The Solana Foundation reported in September that wallets holding tokenized stocks had reached one million, meaning roughly 500,000 additional addresses began holding the products in the weeks that followed. That month saw about $4.4 billion change hands in total trading volume, with the value of outstanding tokenized equities pegged at $684 million.

Blockworks defines holders as addresses containing tokenized equity products, so a single investor using multiple wallets can be counted more than once, according to Crypto News. The holder total also captures addresses that received stock tokens rather than purchasing them, further widening the gap between the headline number and the count of individual participants.

Rewards campaigns added another layer to the growth story. Over the stretch from August 3 to October 11, 2026, one incentive program handed out stock tokens worth roughly $31 million across more than 360,000 wallets, and nearly four out of five recipients had no previous record of buying a tokenized stock. The findings indicate some of the growth came from rewards sent to existing crypto users, though the research does not establish how much of the 1.5 million total resulted from those programs.

Memecoin Pairs Inflate Solana Tokenized Stock Trading Figures

Trading data for Solana tokenized stock products includes more than straightforward equity purchases. From September 1 through October 11, 2026, pairs combining memecoins with stock tokens generated $1.76 billion in volume, representing 31.5% of all tokenized equity decentralized exchange activity, which totaled $5.58 billion over that span.

Venues including StonkFun and Pump made it possible to swap memecoins directly against stock tokens, and transactions involving those pairs were recorded as tokenized equity activity. That means headline volume figures overstate direct buying and selling of the underlying stock products, a distinction that matters when assessing genuine investor appetite for tokenized securities.

Why Solana Tokenized Stock Growth Has Not Lifted SOL

A large share of tokenized equity trading settles in stablecoins, so rising volumes do not automatically feed through to buying of SOL. Securitize, for example, takes USDC as payment for its tokenized stock offerings, and many platforms let investors acquire stock tokens without ever purchasing an equivalent amount of the network's native token. As a result, even very large tokenized stock turnover does not create a matching wave of direct SOL demand.

SOL is still needed to cover network transaction fees, yet the amount each transaction consumes is generally small. Solana's low fees have helped support the growth of such applications, though they also mean higher transaction counts do not produce proportionate fee revenue for the network.

SOL has faced selling pressure throughout October, hovering near $100 after retreating from roughly $124 earlier in the month, Crypto News reported. U.S. Solana ETFs recorded nine consecutive sessions of withdrawals as of October 16, with $6.7 million in net outflows on October 19 and another $2.6 million on October 20, when SOL closed at $106.39.

Trading activity has stayed substantial despite the price weakness. Data compiled by Stakecake put decentralized exchange volume in tokenized equities at $157.2 million on October 20, with another $150.8 million changing hands on October 21 and $168.3 million on October 23. Those figures measure the value of stock tokens traded on decentralized exchanges rather than revenue earned by the network itself.

Securitize and JPMorgan Expand Solana Tokenized Stock Offerings

Qualifying investors can now trade 12 tokenized U.S. stocks on Solana through Securitize, a list that includes Apple, Nvidia, Tesla and Microsoft. Securitize states the products are backed by underlying shares and settled in USDC, giving eligible market participants direct exposure to major U.S. equities onchain.

JPMorgan Asset Management recently introduced two tokenized money market funds, MONY and JLTXX, on Solana for qualified U.S. investors through its Morgan Money platform. The products let eligible investors hold tokenized fund balances in approved blockchain wallets, with JLTXX's prospectus requiring approved wallet addresses and MONY's documentation listing a $1 million initial investment minimum.

Solana supports tokenized stock products through infrastructure built for fast, low-cost transactions and decentralized applications, and financial platforms continue to launch blockchain-based versions of traditional securities as the user base grows. The arrival of a major asset manager alongside existing issuers shows the market extending beyond retail trading into institutional cash management.

Conclusion

Solana's tokenized stock market reached a record 1.5 million holder addresses on October 26, 2026, five times its August level, with September volume of about $4.4 billion and $684 million in outstanding value. Research shows incentive payouts, memecoin trading pairs and multi-wallet counting account for part of the increase, while stablecoin settlement limits the direct impact on SOL demand. The next concrete marker for the sector is the continued rollout of institutional products, including JPMorgan's MONY and JLTXX funds and Securitize's 12 tokenized U.S. stocks, alongside the network's scheduled Alpenglow upgrade.

Frequently Asked Questions

How many Solana tokenized stock holders are there as of October 26, 2026?

Solana reported a record 1.5 million holders of tokenized stocks on October 26, 2026, a fivefold increase from August. The metric counts addresses holding tokenized equity products rather than individual investors, so one person using multiple wallets can appear more than once.

Why did the $31 million incentive program inflate Solana's holder count?

Between August 3 and October 11, 2026, an incentive program distributed roughly $31 million in tokenized stock tokens to upwards of 360,000 wallets. Close to four-fifths of those recipients had never previously purchased a tokenized stock, meaning rewards to existing crypto users drove part of the growth.

Which tokenized U.S. stocks can investors trade on Solana through Securitize?

Securitize says qualifying investors can trade 12 tokenized U.S. stocks on Solana, including Apple, Nvidia, Tesla and Microsoft. The firm states the products are backed by underlying shares and settled in USDC.

Why has growth in Solana tokenized stocks not boosted the SOL price?

Much of the trading settles in stablecoins such as USDC, so volumes do not create equivalent demand for SOL, which is needed only in small amounts for transaction fees. SOL hovered near $100 in late October after falling from about $124, with U.S. Solana ETFs recording consecutive sessions of withdrawals.

What role did memecoin trading pairs play in Solana's tokenized stock volume?

Between September 1 and October 11, 2026, pairs combining memecoins with stock tokens produced $1.76 billion in volume, 31.5% of the $5.58 billion total in tokenized equity decentralized exchange activity. Platforms such as StonkFun and Pump enabled those trades, which were counted as tokenized equity activity.

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Tokenized Equities on Solana Reach 1.5M Holders as Adoption Climbs

Tokenized Equities on Solana Reach 1.5M Holders as Adoption Climbs

Tokenized equities on Solana have reached 1.5 million holders as of October 26, 2026, according to reports from Coinfomania and Crypto Briefing. The figure marks a roughly fivefold increase in the number of wallet addresses holding these blockchain-based representations of traditional stocks, according to figures attributed to the network.

The milestone ranks among the biggest increases in tokenized stock adoption reported on any blockchain so far, KuCoin reported, and it points to rising interest in blockchain-based financial products. Yet the record holder count has not lifted Solana's native token, and prediction markets price only a slim chance of a near-term rally.

Tokenized equities on Solana draw a wider base

Tokenized stocks are digital tokens issued on a blockchain that stand for shares in actual companies, giving holders price exposure without a traditional brokerage account, according to KuCoin. Solana has positioned itself as a hub for the category, citing fast transaction speeds and low fees as advantages over rival networks.

The growth in tokenized equities on Solana highlights the network's expanding influence in the crypto space, Coinfomania reported, and reflects broader acceptance of tokenization across the market. The increase coincides with a wider trend toward asset tokenization across various platforms, the outlet noted.

The surge in holders has been attributed to several factors, including reward distributions and programs tied to memecoins, according to Crypto Briefing. Market activity suggests the growing holder count is consistent with increased blockchain adoption, the outlet reported.

Regardless of how the data is measured, the reported growth signals continued interest in bringing real-world assets on-chain, KuCoin reported. The trend could strengthen Solana's standing in real-world asset tokenization, a segment widely seen across the industry as a driver of blockchain adoption over the long term.

Questions over how the 1.5M figure is counted

Part of the debate around the milestone stems from how the 1.5 million figure is measured, KuCoin reported. The network's own reporting ties the count to wallets holding tokenized equities on Solana.

According to KuCoin, Cryptonomist has pointed out that crypto.news tallies on-chain addresses instead of distinct individual investors. Since one person may operate several wallets at once, counting addresses can exaggerate how many distinct individuals actually hold these assets.

When a headline figure rests on address counts, it can make growth look larger than a tally of verified unique holders would show, KuCoin reported. Absent a confirmed methodology, how many individuals actually participate in Solana's tokenized equity market is still unclear.

SOL price unmoved by record holder count

The record surge in tokenized equity holders has not translated into gains for the network's native token, KuCoin reported. SOL has declined over the same period that the holder count grew, a gap between adoption and price that market observers have flagged.

Prediction markets show limited expectations for substantial Solana price increases by the end of October, Crypto Briefing reported. Traders currently assign just a 0.2% YES outcome to Solana hitting $190, the outlet said, underscoring how little confidence there is in a sharp move higher.

Crypto Briefing reported that market odds have shifted only slightly, which suggests the milestone, while worth noting, is unlikely to move Solana's price much in the immediate term. The disparity indicates that while adoption is increasing, broader factors may still weigh on Solana's short-term price potential.

SOL has traded around $101 to $102 after losing nearly 13% over the past 30 days, CryptoNews reported, while weekly DEX volume has decreased approximately 9%. DeFi total value locked sits at $5.77 billion, figures the outlet said point to a gap between available capital and actual economic activity on the network.

Stablecoin growth adds liquidity, not yet demand

Solana's stablecoin usage has broadened alongside tokenized equities, with holder address accounts rising from less than 4 million in October 2024 to 14 million in October 2026, CryptoNews reported. New holder growth picked up speed during 2025 and built further steam the following year, lifting the total beyond 10 million.

Total stablecoin supply on Solana remains above $15 billion, providing liquidity across the ecosystem, according to CryptoNews. Even with supply near $15.65 billion, the outlet reported that wider market dynamics point to little fresh capital flowing into trading venues.

Exchange flow data underscores the pattern. Beginning in June 2025, there have been multiple large surges in both deposits and withdrawals of stablecoins, with peak inflows of approximately $2.8 billion, CryptoNews reported, but subsequent withdrawals have consistently reversed any potential gains, including roughly $2.3 billion withdrawn in April.

In the latest readings, netflows have drifted close to neutral, coming in at negative $8.2 million, according to CryptoNews. Without sustained inflows, immediate buying pressure may remain limited, the outlet reported.

What could shift the outlook for tokenized equities on Solana

Crypto Briefing framed the trend as potentially favorable for Solana over the longer run, even though current market pricing barely reflects any near-term price effect. Observers will be watching whether rising interest in tokenized equities translates into stronger price performance for SOL, the outlet noted.

Key factors to monitor include potential regulatory developments, especially regarding spot SOL ETFs, which could influence market sentiment, according to Crypto Briefing. Any announcements from major partners such as Fiserv or Samsung on Solana integration could also serve as catalysts for future price movements consistent with a YES outcome, the outlet reported.

If verified with clearer unique-holder data, the trend may attract further issuers and platforms to build tokenized stock products on Solana, KuCoin reported. Investors tracking the ecosystem will likely watch for clarification on measurement methodology, as well as broader market conditions, before drawing conclusions about the long-term impact of tokenized equity growth on SOL's price.

Traders should watch Solana's continued growth in the tokenized equity segment, especially as interest in decentralized finance expands, Coinfomania reported. The increase in holders could lead to greater liquidity and more robust trading volumes, positioning the network to capitalize on emerging market dynamics, the outlet said.

Conclusion

Tokenized equities on Solana have reached 1.5 million holders as of October 26, 2026, a roughly fivefold increase that ranks among the largest reported jumps in tokenized stock adoption on any blockchain. The growth has not moved SOL's price, and prediction markets put the odds of Solana reaching $190 at just 0.2%.

The next concrete steps are clarification of how the holder figure is measured, since address counts can overstate unique investors, and any regulatory movement on spot SOL ETFs or partner announcements from firms such as Fiserv or Samsung that could shift market sentiment.

Frequently Asked Questions

How many holders do tokenized equities on Solana have as of October 26, 2026?

Tokenized equities on Solana reached 1.5 million holders as of October 26, 2026, according to reports from Coinfomania and Crypto Briefing. Figures attributed to the network indicate the count climbed roughly fivefold, and KuCoin reported it ranks among the largest jumps in tokenized stock adoption on any blockchain to date.

Why has SOL's price not risen with the 1.5 million tokenized equity holders?

The record holder count has not translated into gains for SOL, KuCoin reported, and the token has traded around $101 to $102 after losing nearly 13% over 30 days, according to CryptoNews. Crypto Briefing reported that broader factors may still weigh on Solana's short-term price potential despite rising adoption.

What are the prediction market odds of Solana reaching $190 by end of October?

Prediction markets show limited expectations for substantial Solana price increases by the end of October, Crypto Briefing reported. The probability of Solana reaching $190 remains low, with current market pricing at a 0.2% YES outcome, according to the outlet.

Could the 1.5 million holder figure overstate actual tokenized equity investors on Solana?

Yes. Cryptonomist has noted that crypto.news counts blockchain addresses rather than unique individual investors, according to KuCoin. Because one investor can control multiple wallets, address counts can overstate distinct holders, and until a clearer methodology is confirmed, the true scale of individual participation remains uncertain.

How large is Solana's stablecoin supply and holder base in October 2026?

Solana's stablecoin holder addresses rose from less than 4 million in October 2024 to 14 million in October 2026, CryptoNews reported. Total stablecoin supply on the network remains above $15 billion, sitting near $15.65 billion, which provides liquidity across the ecosystem.

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Solana Trading Bot Bloom Loses $954,000 in Wallet Drains, Pledges Full Reimbursement

Solana Trading Bot Bloom Loses $954,000 in Wallet Drains, Pledges Full Reimbursement

Solana trading bot Bloom Trading said it suffered a hack on Monday, October 26, 2026, that drained about $950,000 worth of Solana from user wallets. The company said the attacker pulled funds from 49 wallets belonging to nine users.

The incident matters because of how the service is built. Bloom generates the private keys for its users' wallets, meaning the platform, not the trader, holds the master password. That design places the security of customer funds squarely on the company's own infrastructure rather than in the hands of individual account holders, and it is the reason a single breach could reach across dozens of wallets at once.

Scale of the Solana trading bot attack

Word of the breach surfaced on October 26, when Blockchain Reporter said Bloom had acknowledged a large outflow of Solana from customer wallets that day and had begun looking into what caused it. Crypto Briefing put the stolen amount at roughly 9,408 SOL taken from about 48 to 49 user wallets, a haul worth between $950,000 and $954,000 when the drains occurred.

BloomTrading operates as a Telegram-based trading bot, and its users reported combined losses approaching $1 million after the wave of drains on October 26, according to Crypto Briefing. The outlet said the stolen funds were made up almost entirely of SOL, while certain USDC balances sitting in the same compromised wallets were not touched, a pattern that left the stablecoin holdings intact even as the Solana balances disappeared.

Among those hit were traders with established reputations in the crypto space, some of whom said their individual losses ran as high as $80,000, Crypto Briefing reported. The outlet said those users directed blame at weaknesses in the Bloom service itself rather than at their own account practices, disputing any suggestion that the drains traced back to mistakes on the customer side.

Reimbursement pledge and paused services

In its response, Bloom committed to covering the losses of all nine affected users in full. The company said the compensation would be sent straight into new secure wallets chosen by the users themselves, and that it would make users whole directly rather than through a separate relief fund, a structure that puts the repayment obligation entirely on Bloom's own balance sheet.

While that promise was being made, Bloom also moved to contain the damage. The company suspended certain functions and opened an investigation into whether a third party had been compromised, according to Crypto Briefing, which reported that some services were paused as the inquiry got underway and that reimbursement would be routed through freshly generated, secure wallets.

The reception among customers was cool. Crypto Briefing reported that the service suspension did little to reassure traders who had entrusted the bot with access to their wallets, since the same mechanism that made the Solana trading bot convenient had also concentrated the risk. The outlet said the pressing issue for Bloom's users now is whether the company follows through on its pledge to repay them, noting that a commitment to make people whole counts only once the SOL actually arrives in the new wallets.

Unanswered questions over how wallets were drained

The explanation Bloom has offered so far, that a third party may have been compromised, leaves the central question open, according to Crypto Briefing. The outlet said users still do not know which door the attacker walked through, and it described that question as the one that remains central until the investigation concludes.

The answer will determine where responsibility falls. If the inquiry concludes that Bloom's own infrastructure was flawed, the responsibility for fixing it rests with the company, Crypto Briefing reported. If the trail instead leads to an outside party or to individual user accounts, the lessons extend well beyond this one Solana trading bot.

In the meantime, some of those who lost funds have warned fellow traders to act. Several affected users called on anyone still using the bot to withdraw their money without delay, Crypto Briefing reported, and the outlet said such warnings are likely to continue circulating as long as Bloom has not explained what went wrong.

Custodial key risks for Telegram trading bots

BloomTrading markets itself as an advanced cross-chain trading automation tool, according to Crypto Briefing. The service runs inside Telegram and works on Solana as well as EVM-compatible chains, and the company says it has been building software since 2018.

The custodial model at the heart of the service has long been a point of contention. Crypto Briefing reported that trading bots which hold user keys have faced criticism for exactly this arrangement, with identified risks including key exposure from server-side storage and compromised Telegram accounts. The outlet said the Bloom incident arrives while safety concerns about custodial trading bots are already running high, giving the breach an audience that extends past the nine users who lost funds.

The breach has been discussed in the company of other crypto security failures that expose the same underlying weakness, according to Crypto Briefing. The outlet also observed that, for a firm pointing to a building history stretching back to 2018, the updates Bloom delivers in the near term may define its reputation more than the previous several years combined.

Conclusion

Bloom Trading has confirmed that about $950,000 worth of Solana was drained from 49 wallets belonging to nine users on October 26, 2026, and has committed to repaying all of them in full through new secure wallets. The company has paused some services and is investigating a possible third-party compromise, though it has not yet identified how the attacker gained access. The next concrete step is the delivery of the promised reimbursements and the conclusion of Bloom's investigation, which users and affected traders are watching closely.

Frequently Asked Questions

How much was stolen in the Bloom Trading hack on October 26, 2026?

Bloom Trading said about $950,000 worth of Solana was stolen. According to Crypto Briefing, roughly 9,408 SOL was drained, valued between $950,000 and $954,000 at the time of the attack.

How many users and wallets were affected by the Bloom wallet drains?

Bloom said nine users were affected, with funds drained from 49 wallets belonging to those users. Crypto Briefing reported the figure as roughly 48 to 49 wallets tied to BloomTrading users.

Will Bloom reimburse users who lost Solana in the attack?

Yes. Bloom said it will fully reimburse all nine affected users, paying compensation directly into new secure wallets designated by the users, without setting up a separate relief fund.

What caused the Bloom Trading wallet drains?

The cause is not yet known. Bloom said it is investigating a possible third-party compromise and has paused some services, but according to Crypto Briefing the explanation does not yet show which door was opened.

Why do critics say Telegram trading bots like Bloom are risky?

Bloom generates the private keys for users' wallets, so the platform holds the master password rather than the trader. Crypto Briefing reported that custodial bots have drawn criticism for this structure, citing risks such as key exposure from server-side storage and compromised Telegram accounts.

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Playboi Carti X Account Pushed CARTI Meme Coin That Rugged Within Hours

Playboi Carti X Account Pushed CARTI Meme Coin That Rugged Within Hours

A Pump.fun link surfaced on Playboi Carti's long-dormant X profile late Sunday, October 25, and a CARTI meme coin tied to the account ran to roughly $1.2 million in market value before collapsing within hours, according to Bitcoin.com News.

The episode matters because the rapper's account, which shows 3.6 million followers, had produced no genuine post since early 2025, and the sudden activity fits a pattern in which hijacked celebrity accounts are used to promote tokens that are then dumped on buyers, Bitcoin.com News reported.

Bio Edit Flagged the CARTI Meme Coin

Memecoin tracker Crypto Gorilla first noticed that Carti's X bio had been updated to tag @pumpfun, with no wallet linked and no contract address posted, according to Bitcoin.com News. The bio began tagging Pump.fun on October 25.

The account's long silence made the edit stand out as suspicious. A screenshot circulated in the same thread captured a token called "carti," launched under a playboicarti handle, showing a gain of 18,535% in its opening hour and a market value close to $714,600, Bitcoin.com News reported.

Traders piled in without waiting for any confirmation from the artist. Crypto Gorilla's daily recap later concluded that Carti had been hacked, noting that the CARTI meme coin reached about $1.2 million in market value before the rug pull, according to Bitcoin.com News.

Trading Volume and the Collapse

Dexscreener data for the busiest CARTI trading pair on Solana put 24-hour volume at roughly $4.09 million, even as the token's price traded about 64% below where it had been over that same period, Bitcoin.com News reported. The bulk of that activity was concentrated in the opening hours of trading.

By Monday morning in Asia, the token's market value had shrunk to a small fraction of its peak, according to Bitcoin.com News. The speed of the rise and fall matched the pattern of a classic pump-and-dump executed through a compromised account, with early buyers left holding tokens worth far less than what they paid.

Copycat Tokens Spread Across Three Chains

The original token was only the start. A couple of hours later, over 20 additional CARTI tokens had been launched across Solana, Robinhood Chain and Arc, according to Bitcoin.com News. Most carried the same name and image, and most were worth only a few thousand dollars by Monday morning.

This kind of imitation has become routine whenever a celebrity-linked token appears, because deployers are aware that search interest surges in the hours after a launch, Bitcoin.com News reported. They saturate launchpads with lookalike contracts and count on buyers picking up the wrong one.

The odds facing buyers are steep. Research from Zeru showed that out of 3,374 tracked launches, just 34 graduated organically, a success rate of about 1%, while the top 10 deployers on Pump.fun have taken in more than $95.1 million, according to Bitcoin.com News.

A Familiar Pattern of Account Takeovers

Carti is not the first big name pulled into this pattern this year. Back in July, the account belonging to Robinhood CEO Vlad Tenev was taken over and used to promote a bogus token called "Vladhood," a post that racked up over 175,000 views in less than 20 minutes before users flagged it, Bitcoin.com News reported.

The episode also lands close on the heels of the Kimchi affair, covered by Bitcoin.com News the previous week, in which a well-known pseudonymous trader went from Pump.fun star to rug pull suspect within 48 hours.

None of that proves who controlled Carti's account on Sunday, Bitcoin.com News noted. As of the time of writing, neither the rapper nor anyone on his team had issued a statement, and there is no confirmed connection between him and the CARTI meme coin.

Risk Appetite in a Bruised Market

Speculative corners of the crypto market were already under pressure heading into the weekend. Bitcoin had dipped under $80,000, pulling trading volume in riskier tokens down with it, according to Bitcoin.com News.

A celebrity name still found buyers anyway, which Bitcoin.com News said says plenty about where risk appetite sits right now. The CARTI meme coin episode shows that even in a weaker market, a single post from a hijacked account with millions of followers can pull in millions of dollars of volume within hours.

For now, the only confirmed facts are the on-chain numbers and the bio edit. Whether the account was compromised, and who profited from the brief run, remains unestablished, according to Bitcoin.com News.

Conclusion

A Pump.fun link on Playboi Carti's dormant X account sent a CARTI token to roughly $1.2 million in market value before it collapsed within hours, and more than 20 copycat tokens spread across Solana, Robinhood Chain and Arc. As of the time of writing, neither the rapper nor his team had commented publicly, and there is no verified connection between him and the token. The next concrete development to watch for is any statement from Carti's camp addressing whether the account was compromised.

Frequently Asked Questions

What happened to Playboi Carti's X account on October 25?

A Pump.fun link appeared on the rapper's dormant X profile late Sunday, and his bio was updated to tag @pumpfun with no wallet or contract address posted. A CARTI token tied to the account ran to roughly $1.2 million in market value before collapsing within hours, according to Bitcoin.com News.

How high did the CARTI token go before it was rugged?

The token hit about $1.2 million in market value before being rugged, according to a daily recap by memecoin tracker Crypto Gorilla cited by Bitcoin.com News. An earlier screenshot shared in the same thread showed the token gaining 18,535% during its opening hour, with a market value of roughly $714,600 at that point.

How much trading volume did the CARTI token see on Solana?

Dexscreener data cited by Bitcoin.com News put 24-hour volume on the busiest CARTI pair on Solana at roughly $4.09 million, while the token's price traded about 64% lower over that same window. Most of that activity was concentrated in the first few hours of trading.

Did Playboi Carti or his team confirm the token launch?

No. As of the time of writing, neither the rapper nor his team had issued any statement, and the token has no verified connection to him, according to Bitcoin.com News. The account had been quiet since early 2025 despite showing 3.6 million followers.

How many copycat CARTI tokens were created after the launch?

Within a couple of hours, more than 20 fresh CARTI tokens had been created and spread across Solana, Robinhood Chain and Arc, according to Bitcoin.com News. Most carried the same name and image and were worth only a few thousand dollars by Monday morning.

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Aviva Investors Launches Tokenized Sterling Fund on XRP Ledger

Aviva Investors Launches Tokenized Sterling Fund on XRP Ledger

Aviva Investors has introduced a digital share class for its £22 billion Sterling Liquidity Fund on the XRP Ledger, backing the new product with a £50 million investment. The Monday launch marks the second money market fund in the firm's collaboration with Ripple, bringing combined investments across its two tokenized share classes to more than £86 million.

The launch represents a significant expansion of Aviva's tokenization strategy, bringing one of Europe's largest money market funds onto blockchain infrastructure while preserving the conventional fund's investment objectives, risk profile, daily liquidity and regulatory safeguards.

Digital-Twin Structure

The new share class uses a digital-twin structure, allowing fund ownership to be represented on the XRP Ledger while the underlying portfolio and existing fund arrangements remain unchanged. The £22 billion in assets refers to the conventional Sterling Liquidity Fund's total holdings rather than the sum moved on-chain.

Aviva said the tokenized shares would offer an additional avenue for eligible investors to access the conventional fund. The setup keeps intact the same investment goals, risk characteristics, liquidity features and safeguards that conventional shareholders receive.

As Aviva Investors' biggest fund, the Sterling Liquidity Fund holds high-quality, short-duration debt denominated in British pounds. Established in 2002, the Ireland-domiciled UCITS money market fund targets low-risk returns and provides daily liquidity for investors managing cash holdings.

Qualified investors can reach the tokenized shares through digital wallets, even as the traditional fund keeps its regulated framework. The tokenization arrangement does not change the fund's underlying investment holdings into XRP. Investors retain interests in a regulated money market fund, while blockchain records support the digital share class.

Infrastructure and Custody

Four firms underpin the fund's blockchain and custody setup: Ripple, Komainu, Licuido and BNY Mellon. Komainu serves as an institutional digital asset custodian for the new share class, working alongside Licuido, whose platform handles the issuance and management of tokenized financial assets.

Custody of the fund's underlying portfolio remains with BNY Mellon. For Licuido, the sterling product extends work that began with Aviva's July dollar-fund launch.

According to Ripple, the XRP Ledger handles the issuance and administration of Aviva's tokenized fund shares at low transaction cost. The network has processed more than 4 billion transactions since 2012, supports nearly 8 million active wallets and is maintained by more than 130 independent validators, according to the announcement.

Previously, Ripple has invested in tokenization providers ZILO and Licuido, expanding the infrastructure available for digital fund distribution and asset management.

Second Tokenized Fund

The sterling product follows Aviva's first tokenized fund launch on July 29, when it introduced a digital share class for its U.S. Dollar Liquidity Fund. That earlier offering received approval from the Central Bank of Ireland, with access limited to eligible investors using digital wallets.

The latest announcement identifies a £50 million ($66 million) investment by Aviva in the sterling share class. Combined investments across the firm's sterling and dollar tokenized offerings now exceed £86 million, making Aviva one of Europe's largest tokenized money market fund providers, according to the companies.

The reported combined total remains separate from the £22 billion held by the conventional sterling fund. The companies did not disclose how many outside investors had subscribed to the sterling class or whether the new investment structure would introduce additional settlement services.

Executive Commentary

Mark Versey, CEO of Aviva Investors, said the launch demonstrated the company's commitment to expanding its tokenized investment products. "We believe tokenised funds can increase efficiency and ultimately lead to improved client outcomes," Versey said.

He credited Ripple's involvement in the two launches and indicated that the companies intend to continue exploring tokenization. Aviva plans to continue exploring tokenized funds with Ripple but has not announced another fund or launch date.

Nigel Khakoo, Ripple's senior vice president of trading and markets, said financial institutions are increasingly adopting infrastructure designed for continuous access and faster settlement. "Markets are moving to 24/7 access and settlement is moving to real-time, always-on rails," he said.

Industry Context

Aviva's latest offering joins a growing selection of institutional funds using blockchain infrastructure for digital ownership records and distribution. On October 22, JPMorgan Asset Management expanded two money market funds, MONY and JLTXX, onto Solana for qualified U.S. investors.

Its MONY fund targets U.S. Treasury securities and Treasury-backed repurchase agreements, while JLTXX requires approved wallet addresses for transactions involving tokenized shares. Franklin Templeton has expanded its Benji tokenized fund platform across several blockchains, including Stellar, Ethereum and Solana.

BlackRock's BUIDL fund has likewise introduced tokenized share classes on multiple networks. Aviva's sterling launch arrives immediately before Ripple's Swell conference in New York, scheduled for October 27-29, where tokenization and institutional blockchain adoption are expected to feature among the discussions.

Conclusion

Aviva Investors has launched a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger, investing £50 million in the new offering. Combined investments across the firm's sterling and dollar tokenized offerings now exceed £86 million. The companies intend to continue exploring tokenization, though no additional fund launches have been announced.

Frequently Asked Questions

What is the size of Aviva's Sterling Liquidity Fund?

The Sterling Liquidity Fund manages £22 billion in assets, making it Aviva Investors' largest fund. The fund invests in high-grade, short-term debt instruments denominated in British pounds.

How much has Aviva invested in tokenized funds?

Aviva has invested more than £86 million ($116 million) across its two tokenized share classes, including £50 million in the new sterling product and its earlier U.S. dollar liquidity fund launched in July.

What blockchain infrastructure supports the tokenized fund?

The fund uses the XRP Ledger for blockchain infrastructure, with support from Ripple, Komainu, Licuido and BNY Mellon. Komainu provides digital asset custody, Licuido offers tokenization infrastructure, and BNY Mellon custodies the underlying assets.

When did Aviva launch its first tokenized fund?

Aviva launched its first tokenized fund on July 29, introducing a digital share class for its U.S. Dollar Liquidity Fund. That offering received approval from the Central Bank of Ireland.

What is a digital-twin structure in tokenized funds?

A digital-twin structure allows fund ownership to be represented on the blockchain while the underlying portfolio and existing fund arrangements remain in place. The conventional fund's investment objectives, risk profile and regulatory protections are preserved.

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