Global Tokenization and Policy

In the U.S., officials confirmed that 57.5 BTC seized from the Samourai Wallet case will join federal holdings under Executive Order 14233, expanding the Strategic Bitcoin Reserve to between 200K-300K BTC. The move reinforces Bitcoin’s emerging role as a sovereign reserve asset rather than a forfeited commodity, signaling growing institutionalization at the national level.

In Asia, South Korea finalized significant amendments to its Capital Markets Act and Electronic Securities Act on January 15, establishing a formal legal framework for tokenized securities. These revisions, often referred to as the country’s “STO framework,” enable regulated issuance, distribution, and trading of tokenized debt and equity instruments using blockchain technology. Law set to take effect in January 2027 following a one-year implementation window. Analysts project the domestic tokenized securities market could exceed 370 trillion won (~$249 billion USD) by 2028, positioning South Korea as a global leader in digital asset integration with traditional finance.

Meanwhile, Belarus enacted Decree No. 19, establishing regulated cryptobanks within its High-Tech Park to bridge digital asset services with traditional finance. The framework allows fiat–crypto conversions, custody, and lending under dual oversight from the National Bank and the HTP administration. This positions Belarus as a regional hub for hybrid fintech innovation. Moldova followed with early steps toward comprehensive crypto legislation slated for 2026, signaling broader Eastern European adoption of tokenization and digital asset regulation.

Together, these developments illustrate the global expansion of onchain finance. Strategic Bitcoin reserves, regulated tokenized securities, and emerging crypto banking models each contribute to the growing institutional foundation of tokenized markets worldwide.

Market Overview

Crypto markets entered a corrective phase, with total capitalization near 3.21 trillion dollars and trading volumes around 160 billion. Bitcoin tested lows around $92,000.

Broader sentiment remains supported by ETF inflows, macro liquidity expectations, and the growing role of sovereign digital asset holdings such as the U.S. Strategic Bitcoin Reserve.

Clarity Act and Regulation

Momentum around the Digital Asset Market Clarity Act stalled through the weekend as lawmakers continued negotiations. Coinbase’s withdrawal of support left the bill’s path uncertain, citing major issues over DeFi restrictions, stablecoin yield prohibitions, and expanded SEC control at the expense of the CFTC.

The delay underscores a widening divide between traditional finance and onchain markets. With the Senate markup still pending, U.S. crypto policy remains in limbo even as the SEC retreats from enforcement-heavy tactics and drops several legacy cases. Market participants view the outcome as pivotal for stablecoin regulation, tokenized assets, and exchange oversight through 2026.

Solana and Meme Coins

Solana’s ecosystem maintained relative stability. Real-world asset tokenization on Solana reached a record one billion dollars in total value locked, marking the network’s strongest RWA growth since mid-2025. Mithril’s full node deployment added further decentralization, while Ondo Finance prepared to launch SWEEP perpetuals.

Trojan’s terminal reflected a consistent meme coins surge in activity, while InfoFi-related tokens sold off sharply following the X announcement by Nikita Bier. Retail participation persisted, hinting at continued speculative rotation as broader markets consolidate.

Perspective

The past week’s correction has not shaken the broader trajectory toward institutionalization and tokenization. Strategic Bitcoin reserves, Solana’s RWA expansion, and national frameworks in South Korea and Belarus reflect the steady migration of finance onchain.

For traders navigating this transition, Trojan continues to provide unmatched visibility into Solana markets, token flows, and real-time analytics, providing the necessary tools to turn market structure evolution into actionable opportunity.