A U.S. House of Representatives hearing reviewed tokenization, with a broad agreement that securities traded via token need the same treatment as regular trading.

The Singapore-based company builds blockchain tools for financial firms and retail users, including a blockchain for tokenized securities, stablecoins, and a consumer app.

This shift could fundamentally reshape internet business models, Solana Foundation's Vibhu Norby believes.

The stablecoin incubator is targeting tokenized assets tied to AI hardware, energy and housing to move Sky’s ecosystem beyond "circular" crypto yields.