You Can Tip Streamers With Tokenized Stocks, NFTs Get Apple Wallet Passes
Wednesday, 4 November 2026 · 4 min read · Listen to the episode ↗
Morgan Stanley says its blockchain tokenized stocks and bonds retain the same ownership rights as the original securities, though the episode questions what has actually gone live. Clutch TV is testing tips in tokenized stocks such as Apple and Amazon, with a 2.5% protocol fee. The discussion also explores holding and using NFTs through Apple or Google Wallet passes, including gated access, rewards, and ticketing.
Morgan Stanley said it was the first major bank to tokenize stocks and bonds on blockchain through the DTCC’s new tokenization system, and said the tokens carry the same ownership rights as the original securities. The announcement followed the DTCC launch on October 28. Twenty firms, including JPMorgan, Bank of America, and Citi, had signed up, but the host said it was unclear what Morgan Stanley had actually done and whether the other firms were live. The discussion did not establish whether the DTCC effort is multichain.
Clutch TV is beta-testing interactive streaming that lets viewers tip creators with tokenized stocks such as Apple and Amazon, as well as ETH and other listed assets. Twelve stock tokens were live; tips carry a 2.5% protocol fee, with the rest going to the creator. A speaker said 2.5% of pass and tip fees would also buy back and burn Stomp Broker. Public chat and streams are free, while NFT passes can gate access to a 24/7 alpha chat or a channel’s chat; creators may optionally restrict the stream itself. Passes are channel-specific, so viewers need a separate one for each channel.
Clutch passes are resellable, and creators can set royalties; one speaker said a pass royalty was 5%. One channel’s supply was capped at 420, with 147 reserved for Anvil and 273 on a bonding curve. Forty-nine had sold at a displayed price of about 0.006 ETH, though the price display was not live and each purchase raises the price. Anvil’s AMM and anti-sniper launch were not yet open. The creator described the passes as a way to reward supporters with benefits and giveaways, not a promise of a successful launch, and said they did not want to make a token. The host reported more than $1,000 in pass volume on launch day and said tipping was optional.
The speakers argued that tokenized stocks become more useful when holders can lend them, use them in DeFi, or provide liquidity, rather than simply hold them. One cited a reported 70–80% retention rate among on-chain tokenized-stock buyers and argued that greater utility could bring issuers more volume, buyers, and holders. Most on-chain tokenized stocks were said to depend on one infrastructure provider, with Backpack’s Solana stock tokens and Robinhood Chain stock tokens cited as exceptions. Sunrise aims to connect tokenized assets to venues such as Jupiter and Pumphun and potentially to DeFi products.
Hunt Club Hero described a way to hold and use ERC-721 NFTs through Apple Wallet or Google Wallet without installing an app or extension, recording a seed phrase, or switching between a wallet and browser. The implementation still requires Apple and Google issuer IDs. A proposed wallet experience displays balances and tokenized assets, then lets a user select an asset, enter an email address and amount, and send it through familiar interface steps. Hunt Clover said Apple had approved his implementation, his issuer certificates were active, and people were already using issued cards. The approach abstracts the wallet, NFT, and interface so an on-chain transfer can feel like a simple send; Pocket itself is an NFT project, not that financial-transfer product.
Pocket’s stated supply is 2,500 seeds, held in a crypto wallet or Apple or Google Wallet. Owners can plant and water a seed, then share a “valet key” pass so others can help without using the crypto interface. A planted Pocket withers after 24 hours without water, withers further after 48 hours, and dies after 72; an unwatered seed cannot die. Daily watering can bring a plant to peak beauty after 60 days, with a limit of three waterings in 24 hours followed by a 24-hour lockout. A dead plant reveals a spirit NFT whose rarity, the speaker said, reflects time and dedication rather than randomness or pay-to-win mechanics. Minting and on-chain actions incur gas, though the project sponsors watering through its site and Privy experience.
The speakers also described wallet passes as programmable and composable, with possible uses including rewards, tickets, games, and participation; the token standard can send notifications to holders’ phones. Ticketmaster can use the approach to provide direct messages, promotions, games, and digital-concert access through Apple Wallet without a separate download, with signup described as taking three clicks. In the described setup, Privy holds the asset while Apple Wallet contains a PK Pass, keeping the private key separate. The suggestion that Apple or Google Wallet could become a safer, cold-storage-like alternative to hot wallets was presented as speculation, not an established security outcome.
This summary was generated from the episode transcript and can contain mistakes.