The RWA race is no longer just about who can tokenize an asset first.
Infrastructure is being built to make RWAs tradeable, composable and productive.
Over the past month, we saw a good number of projects roll out new tokenized funds, RWA vaults, permissioned pools, institutional credit markets, and even new ways to bring private-market exposure onchain.
Here are some of the major updates from the last month.
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@Bitwise
• Launched automated portfolios built around tokenized stocks
• Launched the Bitwise Premium RWA Vault (PAPY) on
@Morpho
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@Securitize
• Partnered with Neuberger Berman to launch the Neuberger Securitize High Income Tokenized Fund (HINC)
• $SECZ, its tokenized equity, became usable as collateral on
@Loopscale
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@OpenZeppelin
• Launched RWA Wizard, a no-code interface for generating compliant smart-contract scaffolding for tokenized funds, bonds and private-equity shares
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@prismassets
• Launched permissioned pools for RWAs
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@injective
• Became an SEC-registered transfer agent, allowing it to maintain ownership records and process transfers and corporate actions for tokenized securities
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@Aster_DEX
• Launched USD1-denominated RWA perpetual markets
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@metricxyz
• Launched a DEX on Robinhood Chain and BNB Chain, using Chainlink Data Streams for market data
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@pairdotfund
• Launched the first multipool RWA launchpad on Robinhood Chain, pairing new tokens with baskets of tokenized stocks
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@Brickken
• Partnered with
@redstone_defi to integrate RedStone’s modular data infrastructure into its tokenization platform
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@KnovaFinance
• Partnered with
@tempo on a product for financial institutions looking to launch tokenized payments without replacing existing systems
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@CaliberCo
• Launched Caliber Tokenization Services, a dedicated division for tokenizing family-owned real estate portfolios
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@centrifuge
• Added
@symbioticfi’s Liquid Lane to provide eligible holders with immediate USDC liquidity across ~$1.6B of tokenized funds
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@NUVALabs
• Adopted
@chainlink as its exclusive data infrastructure to bring institutional RWAs to DeFi
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@aave
• Announced its incoming V4 RWA Hub, a dedicated credit market where institutions can borrow against RWAs
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@Socios
• Partnered with Securitize to explore tokenized equity in professional sports teams
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@PancakeSwap
• Introduced Pre-Access Portal, offering fully on-chain, self-custodial, tokenized indirect exposure to private companies and pre-IPO assets
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@avax
• Hanwha Investment and Securities is building its new tokenization platform on Avalanche
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@Broadridge
• Launched DLX, an end-to-end operating system for tokenized finance
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@Dune
• Launched its RWA dataset, giving institutions the full onchain picture of distributed RWAs
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The tokenization sector is moving beyond simply putting RWAs onchain.
Instead of just launching another tokenized asset, projects are increasingly building the rails around them.
Once an asset can be traded, used as collateral, plugged into DeFi and connected to institutional infrastructure, tokenization becomes much more than a new wrapper for an old asset.