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RWAs Hit $100B: Quant and Murex Bridge TradFi and Crypto

In Markets
April 14, 2026

Quant Network and Murex partner to plug tokenized assets into existing bank systems as real-world assets surpass the $100 billion mark.

Tokenized real-world assets have crossed the $100 billion threshold. The milestone signals a major shift in how institutions view digital finance. 

BlackRock, Franklin Templeton, and JPMorgan already run live tokenized funds. Now, the harder question is not whether tokenization works but how banks plug it into their existing systems.

That is exactly what Quant Network and Murex are aiming to solve. 

In March, the two firms announced a strategic partnership. It brings Quant’s Overledger and Flow platforms into Murex’s MX.3, a trading and post-trade system used by over 300 institutions globally. 

The goal is to let banks issue and settle tokenized deposits and digital bonds without rebuilding their operations from scratch.

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How Quant Network and Murex Are Wiring Tokenization Into MX.3

Quant Network founder and CEO Gilbert Verdian framed the partnership around a core challenge facing banks today. He said institutions understand tokenization is coming. 

The real work, he noted, is operationalizing it without breaking decades of compliance and risk infrastructure. Verdian put it directly, saying the next generation of capital markets infrastructure will make what works programmable, not replace it.

Murex’s head of product for FX, equities, commodities and digital assets, Solène Khy, confirmed the partnership builds on live work already running. 

She noted that Murex currently has ten clients live on MX.3 for digital assets. 

These clients handle bond tokens, smart contracts, and crypto trading across public and private blockchains. She added that over 40 more clients have approached Murex, with further growth expected.

The integration uses a connector architecture rather than a jointly built product. 

Murex head of product Leandre Moreno explained that the firm deliberately avoided tying clients to one custody system. Since MX.3 serves institutions across 65 countries, different regions need different custody solutions. 

The Overledger gateway sits in between, handling cross-chain orchestration while preserving custody flexibility.

Tokenized Bonds, Settlement Speed, and the T+0 Difference

Moreno used a straightforward example to explain the practical difference tokenization brings. A digital bond and a traditional bond can sit inside the same MX.3 workflow. 

They look the same structurally. But one settles at T+2 while the other settles at T+0. For collateral and liquidity managers, that gap is significant.

Murex handles pre-trade and post-trade compliance checks around on-chain instructions. 

Cryptographic operations like transaction signing stay with specialist custody providers. This division keeps MX.3 focused on what it does best, which is risk management, regulatory reporting, and position management. 

Clients on permissioned and permissionless blockchains still operate under institutional compliance standards, Moreno confirmed.

Regional Adoption Patterns and the Regulatory Push

Regulation is driving tokenization adoption differently across regions. Khy pointed to MiCA in Europe as a strong catalyst. 

She said it has pushed banks from pilots to production-grade programs. Bond and stock tokenization, money market funds, and gold are all seeing traction across European markets.

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In the US, the picture is more mixed. Khy noted the SEC’s approval for DTCC to tokenize real-world assets starting mid-2026. 

However, she said this has not yet directly moved Murex’s client base. The GENIUS Act, focused on stablecoins, has made a more visible difference in US institutional activity so far.

Singapore’s Monetary Authority of Science continues to stand out in Asia. 

Khy highlighted MAS as a regulator working closely with banks, adopting Basel guidance quickly, and providing the clarity institutions need to move forward. 

Across all regions, Murex’s API layer stays consistent. What changes is the custody provider and the local compliance layer built on top.

The post RWAs Hit $100B: Quant and Murex Bridge TradFi and Crypto appeared first on Live Bitcoin News.

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Mary J. Batiste is a blockchain writer and tech journalist who covers NFTs, cryptocurrency trends, and Web3 culture. Her work focuses on making complex crypto concepts accessible and engaging, emphasizing education and community empowerment. In her free time, Mary collects digital art, experiments with blockchain gaming, and contributes to online NFT communities.