RWA & Tokenization
Real-world assets moving on-chain — treasuries, private credit and funds wrapped for 24/7 settlement. The desk tracks who captures the value as TradFi tokenizes.
RWA tripled, 6 of 7 tokens still lost money
RWA tokenization tripled to $33.5B this year, yet 6 of the 7 biggest RWA tokens lost money. Dilution, or the wrong wrapper? For and against.
Backed or derivative? The tokenized equity fight
Pollak says Robinhood ships derivatives and Base will ship 1:1 backed. Critics say he has the facts wrong. For and against.
$114T on-chain — only one token noticed
DTCC ran live tokenized trades on Canton — and Canton Coin moved 10%, then faded. Start of accrual, or proof there isn't much? For and against.
SBI on Solana: Japan’s RWA bet, for and against
A G-SIB is building RWA and stablecoin markets on Solana. Institutional turning point or another sell-the-news pump? For and against.
What is RWA tokenization?
Putting a legal claim on a real asset — treasuries, credit, funds — on-chain for 24/7 settlement and global distribution. The plain explainer.