RWAs on @solana are just getting started what the next wave could look like: - aircraft leasing: renting planes to airlines - consumer credit: more types of personal loans - checkout finance: buy now, pay later - factoring: buying unpaid invoices - commercial lending: business loans and @kamino will be integrating all of them.

RWAs keep growing on @BNBCHAIN right now, it represents $6.22B in distributed asset value, up 9.45% in 30 days. 
2.12M RWA holders, up 11.18% during the same period. bStocks alone now lists 100 tokenized assets, with $1.29B in distributed value and 1.57M holders. more choice, more access, more people entering through BNB Chain. the adoption chain.

RWAs have grown rapidly, and today the value of these assets totals ~$40B. These assets fall into two main categories: permissionless and permissioned, with almost equal market capitalisation. However, they are treated quite differently onchain. Permissionless assets can be traded on any DEX, with multiple DeFi use cases to earn extra yield. However, permissioned assets have fairly limited spot trading due to asset-level constraints. They restrict who can hold or transfer these assets. So, holders can only exit through issuer redemption, which can take days or weeks. @theorem_markets, now live on Ethereum mainnet, is building a trading venue specifically for these assets and features: ✦ Eligibility checks enforced onchain, so permissioned assets can have pools. ✦ Pricing shown against the latest NAV, so traders can evaluate any premiums or discounts. ✦ Limit orders, so you can bid below NAV or offer above it. ✦ Routing between AMM pools and market-maker quotes for the best execution. ✦ Trading pauses when NAV goes stale, the issuer halts, or market hours close. This way, tokenised assets can trade in secondary markets while preserving the controls their issuers require. Additionally, it offers advantages beyond spot trading by helping these assets enter the broader DeFi ecosystem, including lending, collateralised borrowing, and leveraged strategies. Today, permissioned assets represent only ~18% of the DeFi TVL of RWAs ($1.08B), despite having a market cap similar to permissionless assets, largely because of a lack of onchain spot liquidity and instant redemption paths.

RWAs are tokenized. Are they investable? Anyone can put an asset onchain, the real test is whether people can borrow against it, trust its price, and get out when they need to. On stage: @KarwanLiam05 (Chainlink) @0xGabe_ (Securitize) @adam_bawi (Centrifuge) @MontBlancDeFi (Nexus Mutual) Moderated by Wei Dai (Monad Foundation) 00:00 Intros 06:47 Liquidity and redemption cycles 10:33 Distribution and who's buying 17:36 Oracles and 24/7 pricing 26:11 Who holds the risk 32:49 Tokenized equities

RWAs added 372,000 new holders across the top 6 issuers over the past 7 days 📈 @xStocksFi led the week with 154.2K, about 41% of the total and nearly double the next issuer. @xStocksFi +154.2K
@RobinhoodApp +86.5K
@Backpack +53.6K
@PreStocks +42.1K
@binance +21.3K
@Ondo +14.3K Data via @tokenterminal

RWAs on Solana, by asset class: • US Treasuries - 31.2% • Private equity - 18.8% • Private credit - 18.2% • Corporate bonds - 11.2% • Tokenized stocks - 11.1% • Institutional funds - 9.0%

RWAs now represent a $46.4B onchain market Tokenized credit funds account for $6.4B, or 13.8% of the total syrupUSDC ($950.6M), JAAA ($717.8M), PRIME ($586.9M), sUSDai ($465.2M) & STAC ($356.5M) lead the category

RWAs now represent a $46.4B onchain market Tokenized gold accounts for $5.1B, or 11.0% of the total XAUT ($2.7B) and PAXG ($1.9B) lead the category, followed by KAU ($230.8M), PGOLD ($85.1M) & XAUM ($66.1M)