Citrini Research Backs ONDO, AAVE, UNI, ETHFI, And PENDLE As SEC Exemption Fuels Tokenized Stock Trading

by
Alisa Davidson

Revealed: October 09, 2026 at 6:48 am Up to date: October 09, 2026 at 6:48 am

by Anastasiia O

Edited and fact-checked:
October 09, 2026 at 6:48 am

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Citrini Research has revealed a report declaring {that a} new paradigm of basic crypto investing has arrived, arguing that agentic finance — AI brokers conducting monetary transactions autonomously — will likely be constructed on high of blockchains. The unbiased analysis agency, which has roughly 260,000 Substack subscribers, identifies beneficiaries together with public firms Robinhood, Coinbase, Bullish, and Securitize, alongside crypto tasks ONDO, AAVE, UNI, ETHFI, and PENDLE, tokens Ether and Solana, and stablecoin issuers Circle and Ethena. The agency additionally highlights exchanges Hyperliquid, Lighter, and Variational.

The core thesis is that the monetary system, designed to be gradual and gated by intermediaries, is ill-suited for a world through which software program brokers function repeatedly throughout purposes. After fifteen years of growth, the report argues, blockchain now affords always-on, programmable monetary infrastructure the place belongings, possession, and settlement co-exist — a basis that turns into genuinely helpful in an agentic world. This relevance is bolstered by the tokenization of real-world belongings corresponding to treasuries, equities, and credit score, alongside a friendlier US regulatory atmosphere. Just a few days after landmark crypto laws failed in Congress final month, the SEC granted a five-year exemption permitting qualifying venues to commerce tokenized US shares onchain. Wall Road giants together with BlackRock have additionally introduced tokenization efforts.

Proof of momentum is accumulating. A pivotal second, in keeping with Citrini, got here in the course of the Iran battle, when Hyperliquid grew to become one of many few venues providing around-the-clock derivatives buying and selling tied to crude oil costs over a weekend. Since then, the report notes, RWA adoption has shifted into greater gear, marking what seems to be an inflection level.

Token Worth Is dependent upon Economics, Not Quantity

Crucially, the report cautions that rising onchain exercise doesn’t routinely translate into greater token costs. Buyers ought to consider income fashions, payment allocation, and token-holder participation moderately than uncooked transaction quantity. The important thing query has shifted from whether or not tokenization will likely be permitted to who captures the economics as soon as these merchandise enter regulated US market construction.

The report carries notable weight given Citrini’s monitor report. Founder James van Geelen made a reputation for himself earlier this yr with a be aware titled “The 2028 World Intelligence Disaster,” which imagined AI wiping out white-collar jobs quicker than the economic system may take up the shock — a thesis that despatched shockwaves by way of fairness markets. In September van Geelen had bought the New York-based agency to semiconductor and AI researcher SemiAnalysis.

Market response was instant. Following the report’s launch, a number of talked about cryptocurrencies spiked; DRV, the native token of onchain choices and futures trade Derive, rose greater than 20% earlier than falling again, in keeping with CoinGecko.

Alisa, a devoted journalist on the MPost, makes a speciality of crypto, AI, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.

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