5 Real-World Tokenization Success Stories from Across the U.S.

Tokenization is the following evolution of financial and digital infrastructure. As the executive director of Blackock Larry Fink noticed In a letter to its annual President to investors, “Every stock, every bond, every fund – any assets – can be tokenized.”

Tokenization is now a tangible force that transforms as the property is betrayed, traded and resolved. The leading bank, technological companies and industrial innovators, pionerate some of the most successful tokenization projects in the world. From the banking and capital markets to the financing of insurance and trade, these organizations develop solutions in real tokenization that already unlock significant value.

This list indicates seven examples of how US organizations use tokenization to unlock new markets, simplify operations and push the boundaries of financial innovation.

1. Citigroup: Tokenized deposits for trade finance

Industry: Banking / Commercial Finance

Use the case: Citi’s Treasury and Commercial Solutions Pilot Piloted Citi Token Services 2023, integrating tokenized bank deposits and smart contracts into its global network for 24/7 cross -border payments and trade financing. In one pilot with Maersko and the authority of channels, quit issued Tokenized deposits for automation of delivery payment, digitizing credit letters in the economic finance ecosystem.

Outcome: The solution based on Blockchain enabled the current, programming payments to smart contracts, with the aim of reducing the time of processing transactions from day to minutes. After a successful pilot, Citi moved the platform to commercial use In 2024, facilitating daily transactions with multi -million dollars for corporate coffers with “24/7, always on cross -border liquidity”.

2. Goldman Sachs: Tokenized bond issuing

Industry: Investment Banking / Capital Markets

Use the case: In November 2022. Goldman Sachs launched Its GS DAP (digital property platform) for the issuance and management of tokenized financial instruments. The first case of use was EUR 100 million of two -year digital bond issuance for the European Investment Bank (EIB) on private blockchain.

Outcome: The bond was issued and resolved on the same day (T+0), a procedure that usually takes five days, with atomic delivery relative to the payment settlement in less than 60 seconds. This marked the “first completely digital domestic bond with a settlement on the same day, and at the same time the first unique digital bond issued by a public institution received on the official list of securities of the Luxembourg Stock Exchange”, showing the increase in efficiency in the markets of connections and confirm Goldman’s technology in the regulated environment.

3. Franklin Templeton: Tokenized Money Market Fund in the US

Industry: Property management

Use the case: Franklin Templeton was launched by the Franklin Onchain Government Money Fund (Fobxx), a mutual fund registered in the US, which processes transactions and records ownership of public blockchaini. In April 2024. The company enabled Peer-to-peer transfers their tokenized fund, allowing users to transfer shares of funds directly among others without intermediary.

Outcome: Since May 2025, Fund detained Over $ 760 million with total net property. Enabling the transfers of peers, the Fund was able to support greater usefulness, unlocking secondary trading, defining collateralization, and wider integration with Onchain financial infrastructure.

4. State Farm and USAA: Blockchain for Subrogation requirements

Industry: Insurance

Use the case: US insurance companies State Farm and USAA developed Blockchain solution for “automation of long -term and difficult processing of companion statements.” Subrogation is used by insurers to refund money when resolving the request between their customers.

Outcome: In 2020. The Blockchain platform successfully replaced the manual, heavy exchange of checks between the two companies. Previously, about 75,000 checks of paper were sent forward and back between the state farm and USA for subrogation claims. The new system settles the claims digitally, significantly increasing efficiency and reducing the settlement time. This was one of the first in real Blockchain implementation in insurance, resolving the challenges of the state farm/USAA Subrogation through a common book and mitigate the way to the broader adoption of the Insurance Industry.

5. IBM & IPWE: Patent tokenization

Industry: Intellectual property

Use the case: 2021 IBM and IP Platform IPWE transaction announced The platform for the presentation of corporate patents as a token that is not bothering (NFT) using IBM’s Enterprise Blockchain Network. Each patent NFT would combine the property and key details of the patent, making it a digital property that can be transported.

Outcome: Intellectual ownership tokenization is expected to make a patent market more effectively increasing transparency and liquidity in this illiquid asset class. NFT representation can simplify the licensing and sale of patents by making ownership transfers more reliable and easily verifiable onchain. For companies, this could unlock additional value from their patent portfolio, as patents could be more easily appreciated, divided or even used as a collateral. IBM and IPWE initiative pointed to the future in which a significant part of world patents could be managed and commercialized through the tokens based on Blockchain.

Tokenization wave is accelerated

What used to be a vision of tokenization is now becoming a reality, and for the last two years they have been marking great acceleration in living, institutional tokenized products. As regulatory clarity is improved in the United States, and tokenized markets gain globally, institutions that accept this accommodation to acquire a significant share of the emergence of hundreds of three trillion dollars. Tokenization unlocks access to illiquid property, simplifies settlement and allows finances to act over boundaries imperceptibly.

But in order for tokenization to reach the next phase of its adoption, a new infrastructure is required – one that can connect all these blockchains, property, markets and existing infrastructure in a safe and reliable way. Providing decentralized data, interoperability and safe connection and orchestration onchain/offchain, Chainlink builds the backbone of tokenized property markets.