Money is quietly going on chain. With 88% of large corporates piloting or deploying tokenised money and nearly two thirds already using stablecoins, payment and blockchain infrastructure has shifted from experiment to real plumbing. That kind of adoption can reward certain business models and disadvantage others, so sitting on the sidelines carries a real opportunity cost. This article walks through three stocks exposed to this tokenisation trend and outlines why each may warrant closer examination at this time.
The three stocks covered next are only a small sample of what this theme picks up. The full screen surfaces another 57 companies whose businesses and narratives align with the same on chain payment rails idea.
If you want to identify and analyze the highest conviction ways to play this shift, head straight into the Digital Payments and Blockchain Infrastructure Providers screener
PicS (PICS)
Overview: PicS runs a Brazil based digital wallet and app that combines payments, banking, lending, insurance, investments, e commerce, and advertising.
Operations: PicS generates about R$13.1b from Consumer Banking, R$2.3b from Institutional clients, and smaller amounts from SMEs and ecosystem services, all in Brazil.
Market Cap: US$1.1b
PicS matters for this screener because its wallet and banking platform sit directly on Brazil’s digital payment rails, linking everyday spending with broader financial services.
"As customers use more products within the ecosystem, PICS can generate additional revenue streams while increasing engagement and reducing customer acquisition costs."
What happens to that economics rich ecosystem if one unseen pressure shifts how quickly Brazilians adopt more services inside a single app?
That pressure point is exactly what the full narrative for PicS unpacks, revealing how PicS could accelerate engagement, compress risks, and reshape wallet economics as adoption shifts.
Adyen (ENXTAM:ADYEN)
Overview: Adyen runs a global payments platform that gives merchants a single system to accept, route, and settle digital transactions worldwide.
Operations: The business generates about €2.6b from Payment Services, reflecting its focus on processing and managing digital transaction flows.
Market Cap: €29.8b
Adyen matters here because it operates the underlying rails that move digital money for large merchants, which is exactly where tokenised and real time payment flows show up first when corporates shift more activity on chain.
"Management has been very explicit that more value is being created before the payment moment and after it: in identity, decisioning, promotions, billing, and money movement."
What happens to those richer services around the transaction if one unresolved question about how merchants share economics across these rails breaks in either direction.
That economics split is exactly what the full narrative for Adyen unpacks, showing how Adyen could convert shifting on chain money flows into accelerating merchant relationships and deeper payment stickiness.
GMO Payment Gateway (TSE:3769)
Overview: GMO Payment Gateway runs Japan focused payment rails that process online, in store, and recurring transactions for merchants and financial institutions.
Operations: GMO Payment Gateway generates about ¥67.9b from Payment Processing, ¥21.7b from Money Services, and ¥1.8b from Payment Enhancement activities.
Market Cap: ¥620.9b
GMO Payment Gateway plugs directly into merchants’ cash registers and online checkouts, so it benefits whenever more commerce flows over digital rails. Nine month 2026 revenue of ¥69,728 million and net income of ¥18,981 million show a profitable payments utility with room to scale, although one unseen pressure on funding costs could decide how much of that flows through to future margins.
That funding pressure is exactly where the GMO Payment Gateway financial health report could change your view on how resilient GMO Payment Gateway really is.
Seeking Alternatives Before Momentum Flies
Fresh themes gain traction fast, and the most interesting setups rarely stay under the radar for long. Scan these curated ideas before momentum gets fully caught and consider acting while they are still developing.
- Target resilient cash generators by scanning the list of solid balance sheet and fundamentals (24 results) and spot businesses built to handle shocks while others are still scrambling for funding.
- Hunt for cash producing AI opportunities using the 39 profitable AI stocks that aren't just burning cash before capital rushes in and reduces the potential upside on quality operators.
- Explore the energy transition by reviewing the 16 nuclear energy infrastructure stocks while these infrastructure plays remain less widely followed.
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