Tokenization Digest, issue 08. Records on one side, plumbing on the other. The gap between them, is the story. 🔸 Citi and DBS completed their first weekend tokkenized cross-border payment. 🔸 Onchain spot RWA trading volume hit a record $7.82B in August. 🔸 Chainlink's Digital Transfer Agent standard went live in production with UBS, putting fund transfer agency onchain. 🔸 Tokenized stocks reached $2.55B in TVL and crossed one million holders. 🔸 Tokenized stock holders doubled in August. Robinghood chain, BNB chain, and Solana account for 95% of them. 🔸 Solana's RWA holders crossed 400,000 up from under 10,000 in January 2025. 🔸 CZ said IPOs are moving onchain, with tokenized stocks p from $329M to $2.3B in 12 months. 🔸 Coinbase's vice chair put it plainly: onchain finance and tokenization are not coming, they are here. The week in one number: 88% of tokenized stock trading came from a single venue. The demand is proven. The distribution is not.