J.P. Morgan and Klarna are spearheading the institutional adoption of digital assets, with Klarna raising funds in USDC to attract regulated investors. This move highlights the growing interest in crypto tokenization among financial institutions. Meanwhile, ABN Amro and DZ Bank have successfully executed a blockchain-based derivatives trade using smart contracts, leveraging EU MiCAR licenses. This development underscores the increasing integration of blockchain technology in traditional finance. In related news, Hong Kong has finalized its bank crypto regulations, and Ondo Finance reports that major institutions are advancing tokenization efforts to cater to the rising demand for regulated digital asset infrastructure.