RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA: Will trillions of dollars in real-world assets become the next growth engine for the crypto market?

RWA, seen as the next growth engine for the crypto market, is heating up, with major institutions such as Binance and Goldman Sachs making moves in the face of trillions of dollars in funding.

110 articles
Primitive Ventures: After US Stock Brokers' Clearance, Chinese Retail Investors Are Searching for the 'Disappeared Buy Button'
China's capital controls have tightened overall, Futu and Tiger Brokers were fined and shut down their mainland US stock businesses, narrowing retail investors' asset allocation channels. Tokenized assets and crypto have become a new gateway for cross-border investment, presenting an opportunity for the redistribution of global productive assets.
Primitive Ventures
a16z Crypto：三张图看懂代币化股票的发展趋势
代币化股票一年增长超5倍，华尔街巨头纷纷上链，Coinbase、纽交所、Robinhood加速布局，链上金融新入口来袭。
a16z
Tokenized Stock Monthly Transfer Volume Surges 170-Fold, RWA Reaches Key Inflection Point
On July 22, a16z crypto posted that on-chain activity for tokenized stocks is growing rapidly. In June this year, the monthly transfer volume of tokenized stocks reached $9.22 billion, compared to only $53 million in the same period last year, a year-on-year increase of over 170-fold.
CryptoPulse
A 10,000-word essay: Starting from 1996, who is paving the underlying infrastructure of the next-generation capital market?
We believe that RWA is today roughly where the Internet was in 1996.
Tiger Research
Robinhood vs xStocks: Stock Tokenization Isn't Just About Putting Tickers On-Chain
Stock tokenization isn't just about the ticker; the real key lies in the issuer, legal rights, custody path, and ability to exit under stress.
CoinFound
Tiger Research: Moving RWA Tokenization Overseas First
The RWA market is rapidly growing to $25 billion to $36 billion, but regulation lags in most regions. Financial institutions face three paths: waiting for legislation, regulatory sandboxes, or going overseas. This article details cross-border tokenization strategies from physical to on-chain native and six key preparation points.
Tiger Research
Same SpaceX, Four Tokens, Diminishing Rights: On IPO Day, the Delivery Layer Cracks First
The core problem exposed by SpaceX tokenized IPO subscriptions is not technology, but ownership and delivery: the same “SpaceX” token may represent real equity, redeemable beneficial rights, a tracking certificate, or merely price exposure.
CoinFound
Breaking Down Plume Network's Growth: An RWA Public Chain's Ecological Leap
Plume reshapes real-world asset financialization with RWAfi, bringing tokenized assets into DeFi composable systems, enabling trading, lending, and yield. The ecosystem already exceeds 180 projects, and the growth flywheel is accelerating.
137Labs
Tokenized US Stocks from a Digital Nomad's Perspective
Behind the SpaceX IPO refund wave, who really benefits from tokenized US stocks?
TT3Labs观察
Arthur Hayes' Family Office Bullish on Collector Crypt: On-Chain Card Business Momentum Could Surpass eBay, CARDS Summer Target Price $4
Like Hyperliquid, CC did not succumb to high CEX listing fees but instead chose a strategy of prioritizing DEX development.
Maelstrom
With exchanges successively listing US stocks and RWA, efficiency has become the core competitive advantage in the cryptocurrency industry.
The listing of US stocks and RWA on centralized exchanges may seem like a product expansion, but at a deeper level, it is a restructuring or even a challenge to the way the traditional financial system operates.
danny
Will ONDO's "tokenization narrative" change due to the unexpected passing of its CEO?
Ondo Finance founder Nathan Allman passed away unexpectedly, and President Ian De Bode has taken over as CEO. With the RWA sector losing a key driver, can Ondo continue its tokenization strategy? On-chain products related to US Treasury bonds and US stocks face stress tests.
区块律动BlockBeats
Why is the RWA craze failing to benefit DeFi?
Of the $30 billion in RWA assets, only 9% are circulating in DeFi.
Foresight News
Wall Street is betting heavily on RWA: BlackRock, Franklin Templeton, and Morgan Stanley are bringing financial markets onto the blockchain.
Over the past few years, the crypto industry has experienced several waves of hype, including DeFi, NFTs, and memes. However, what truly drew large-scale investment from Wall Street was not highly volatile crypto assets, but rather RWA.
CryptoPulse
RWA Persistence: The True PMF Between Crypto and TradFi
It took crypto eight years to limit the use of perpetual contracts to BTC and ETH. Now, with oracles, stablecoins, and tokenized RWA infrastructure maturing simultaneously, perpetual contracts are poised to enter truly large markets like stocks, commodities, forex, and interest rates. This represents the biggest derivatives opportunity in crypto in 2026, and in the derivatives arena, it's a winner-takes-all market; the window of opportunity is closing.
AppWorks
Franklin Templeton: The Year of RWA's Explosion, Three Paths to Tokenization
Despite the different models, RWA is pushing traditional finance and the crypto ecosystem toward a unified infrastructure – the wallet.
链捕手 ChainCatcher
On-chain liquidity is not the same as liquidity: RWA is still one step away from achieving its goal.
How can RWA create new opportunities in the global liquidity war by combining tokenization with DeFi? This article explores on-chain practices from US Treasury bonds and stocks to private lending, revealing how blockchain technology is reshaping the value and trading paradigm of global financial assets in the context of liquidity premium revaluation.
佐爷歪脖山
Ondo Perps: Bringing Wall Street's Prime Brokerage On-Chain?
Why do stock PERPs consistently underperform? Ondo provides a three-layered structural answer.
137Labs
RWA不只是概念：2026年第一季度市场格局与重点项目深度研究
本文系统梳理了2026年第一季度RWA（真实世界资产）赛道的最新发展，从资产结构、市场分层到核心项目进行全面分析。文章重点解析了Ondo、BUIDL、Maple、Ethena等代表性项目，揭示RWA从“资产上链”向“收益金融化”演进的关键趋势，并构建出链上利率市场的整体框架。适合关注加密金融、DeFi与机构入场趋势的读者深度阅读。
137Labs
A Pokémon trading card sold for a record-breaking $16.5 million, a testament to the synergy between TCG and Web3.
Elementary school students' pocket money has now become a multi-billion dollar industry. This article provides an in-depth analysis of the TCG market rules, cycles, and Web3 changes, exploring the tokenization trend of physical trading cards (RWA) and new opportunities for on-chain transactions.
Kathy