Pioneers in Tokenized Real-World Assets (RWAs)

Tokenized Real-World Assets (RWAs) represent physical or intangible assets on a blockchain, enhancing liquidity and accessibility across various markets.

The top 3

  1. Three Largest Tokenized Assets by Market Cap: Stablecoins dominate the tokenized asset market, accounting for 79.96% of the total value, followed by US Treasuries at 13.76% and commodities like gold at 1.48%, with Tether Gold (XAUT) and PAX Gold (PAXG) making up 83% of commodity-backed tokens.
  2. Leading Platforms Offering Tokenized Stocks: Kraken is recognized as a top exchange for tokenized stocks, offering over 100 assets, while Robinhood provides the broadest catalog with roughly 2,000 tokens for EU retail, and Ondo Global Markets is noted for its range and institutional backing as an issuer.
  3. Key Historical Milestones in Asset Tokenization: Early 2000s saw the use of tokenization for data protection, particularly for credit card security, followed by significant applications like Maecenas tokenizing an Andy Warhol painting for $1.6 million on Ethereum in 2018, and Goldman Sachs launching its GS DAP™ platform for issuing digital bonds.

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