Institutions
Institution directory
Every firm we track: issuers, asset managers, banks, custodians, administrators, transfer agents, tokenization platforms and trading venues. The activity score counts how much tokenized-finance work a firm does here. It is not a measure of firm size, so a very large bank and a small issuer can score similarly.
- Institutions
- 37
- Issuers
- 20
- Service providers
- 17
Institution type
Active in
Status
37 of 37 institutions
| SecuritizeInfrastructure · services 5 | Tokenization PlatformTransfer Agent |  Miami, United States | - | $2.81B svc | +2 | - | - | - | - | 10 | 5 | 92 |
| State StreetProduction · services 7 | CustodianAdministrator | Boston, United States | - | $2.59B svc | +1 | - | - | - | - | 7 | 2 | 90 |
| Standard CharteredProduction · services 6 | CustodianBank |  London, United Kingdom | - | $1.13B svc | - | - | - | - | 6 | 4 | 90 | |
| NAV Fund AdministrationInfrastructure · services 6 | Administrator | Chicago, United States | - | $2.32B svc | +2 | - | - | - | - | 9 | - | 82 |
| Franklin TempletonProduction · services 3 | Asset Manager | San Mateo, United States | 3 | $682.6M | +1 | 8.6% | +32bp | ▲1 | 14 Apr 2021 | 2 | 4 | 82 |
| Ondo FinanceProduction · services 2 | IssuerTokenization Platform | New York, United States | 2 | $1.71B | +2 | 21.5% | +194bp | - | 30 Jan 2023 | 4 | 3 | 78 |
| BNYProduction · services 4 | CustodianAdministrator | New York, United States | - | $68.53B svc | +4 | - | - | - | - | 4 | 1 | 72 |
| Anchorage Digital BankProduction · services 4 | Custodian | San Francisco, United States | - | $2.29B svc | +1 | - | - | - | - | 7 | - | 72 |
| SpikoProduction · services 2 | Asset ManagerTokenization Platform |  Paris, France | 2 | $494.2M | 6.2% | -33bp | ▲1 | 10 Sept 2024 | 1 | 4 | 66 | |
| CircleProduction · services 2 | Stablecoin IssuerInfrastructure Provider | New York, United States | 2 | $66.55B | +3 | - | - | - | - | 2 | - | 64 |
| BlackRockProduction | Asset Manager | New York, United States | 1 | $1.85B | +1 | 23.3% | +7bp | - | 20 Mar 2024 | 2 | 4 | 63 |
| PaxosProduction · services 3 | Stablecoin IssuerCustodian | New York, United States | 3 | $5.16B | - | - | - | - | 1 | - | 62 | |
| Coinbase Custody TrustProduction · services 2 | Custodian | New York, United States | - | $924.9M svc | - | - | - | - | 4 | - | 54 | |
| WisdomTree, Inc.Production · services 2 | Asset Manager | New York, United States | 2 | $1.21B | 15.2% | +96bp | - | 02 Oct 2023 | 1 | - | 52 | |
| SuperstateProduction · services 1 | Asset Manager | New York, United States | 1 | $570.4M | 7.2% | +49bp | ▲1 | 27 Feb 2024 | 2 | 2 | 50 | |
| CitiPilot · services 1 | BankCustodian | New York, United States | 1 | $780.0M | - | - | - | - | 0 | 2 | 45 | |
| VanEckProduction | Asset Manager | New York, United States | 1 | $35.5M | 0.4% | +2bp | - | 13 May 2025 | 2 | 4 | 43 | |
| LibearaProduction · services 2 | Tokenization PlatformIssuer |  Singapore | 2 | $75.6M | 1.0% | +6bp | - | 05 Mar 2024 | 1 | 1 | 42 | |
| ExodusProduction · services 1 | Corporate Issuer | Omaha, United States | 1 | $612.0M | 7.7% | +47bp | ▲1 | 08 Apr 2021 | 2 | - | 42 | |
| J.P. MorganProduction · services 1 | Bank | New York, United States | 1 | $1.65B | - | - | - | - | 0 | - | 40 | |
| Janus Henderson InvestorsProduction | Asset Manager | London, United Kingdom | 1 | $323.3M | 4.1% | -426bp | ▼5 | 21 Feb 2024 | 2 | - | 39 | |
| CentrifugeInfrastructure · services 1 | Tokenization Platform |  Berlin, Germany | - | $323.3M svc | - | - | - | - | 2 | - | 39 | |
| OpenEdenProduction · services 1 | Issuer | Singapore | 1 | $19.5M | 0.2% | 0bp | - | 11 Apr 2023 | 2 | 2 | 38 | |
| Siemens AGProduction | Corporate Issuer | Munich, Germany | 1 | $324.0M | 4.1% | +25bp | ▲1 | 16 Sept 2025 | 2 | - | 36 | |
| DigiSharesInfrastructure · services 1 | Tokenization Platform |  Copenhagen, Denmark | - | $324.0M svc | - | - | - | - | 2 | - | 36 | |
| abrdn plcProduction · services 1 | Asset Manager | Edinburgh, United Kingdom | 1 | $17.4M | 0.2% | +1bp | - | 14 Nov 2023 | 1 | 2 | 31 | |
| MatrixdockProduction · services 1 | Issuer | Singapore | 1 | $23.6M | 0.3% | +1bp | - | 25 Apr 2023 | 2 | 1 | 31 | |
| ArchaxInfrastructure · services 1 | Exchange / VenueCustodian | London, United Kingdom | - | $17.4M svc | - | - | - | - | 1 | 1 | 24 | |
| ApolloProduction | Asset Manager | New York, United States | 1 | $61.4K | 0.0% | 0bp | - | 30 Jan 2025 | 3 | - | 17 | |
| UBS Group AGProduction · services 1 | BankAsset Manager |  Zurich, Switzerland | 1 | $115.1K | 0.0% | 0bp | - | 01 Nov 2024 | 0 | 2 | 16 | |
| PythInfrastructure | Infrastructure Provider | Zug, Switzerland | - | - | - | - | - | - | 0 | - | 4 | |
| Mountain ProtocolProduction | Stablecoin Issuer |  Hamilton, Bermuda | - | - | - | - | - | - | 0 | - | 4 | |
| LayerZeroInfrastructure | Infrastructure Provider |  Vancouver, Canada | - | - | - | - | - | - | 0 | - | 4 | |
| Goldman SachsProduction | BankAsset Manager | New York, United States | - | - | - | - | - | - | 0 | 1 | 4 | |
| FireblocksInfrastructure | Infrastructure ProviderCustodian | New York, United States | - | - | - | - | - | - | 0 | - | 4 | |
| Chainlink LabsInfrastructure | Infrastructure Provider |  Cayman Islands | - | - | - | - | - | - | 0 | 1 | 4 | |
| BVNKProduction | Infrastructure Provider | London, United Kingdom | - | - | - | - | - | - | 0 | - | 4 |
