Real World Assets (RWA)

RWA tokens represent off-chain assets (treasuries, real estate, private credit, commodities) bridged onto a blockchain. Tokenpedia tracks 78 assets in this category.

RWA tokenization brings traditional financial assets on-chain so they can be traded, used as collateral, or fractionalized. The largest sub-category by far is tokenized US Treasury bills (BlackRock's BUIDL, Ondo's USDY, Franklin Templeton's BENJI), which crossed $10B in TVL in 2024 by offering on-chain investors yield comparable to the federal funds rate. Other RWA flavors include private credit (Goldfinch, Maple, Centrifuge), real estate (Propy), commodities (PAXG for gold), and carbon credits.

The category is interesting because it imports the trust assumptions of the off-chain asset (the issuer, the custodian, the legal wrapper) onto a chain that otherwise tries to minimize trust. That hybrid model is precisely the appeal: institutions get familiar legal protections, on-chain users get composability and 24/7 settlement.

When evaluating an RWA token, the questions are who the issuer is (regulatory standing matters here), how the off-chain asset is custodied and audited, and how the on-chain wrapper behaves under stress (can holders redeem instantly, or only on settlement days?).

Oracle infrastructure

XLM (Stellar Lumens) is the native utility asset of the Stellar network, a decentralized, open-source blockchain designe…

Hashnote International Short Duration Yield Fund Ltd

Hashnote International Short Duration Yield Fund Ltd

usyc
Learn more about Hashnote International Short Duration Yield Fund Ltd

Decentralized Asset Management Platform

Tether Gold (XAUT) is a digital asset backed by physical gold, where each token represents ownership of one troy fine ou…

ONDO is the governance token for the Ondo DAO, which oversees the Ondo Finance ecosystem and Flux Finance, a lending pro…

PAX Gold (PAXG) is an asset-backed ERC-20 token where each token represents one fine troy ounce of a London Good Deliver…

World Liberty Financial

World Liberty Financial

wlfi
Learn more about World Liberty Financial

Crypto Lending Platform

Quant (QNT) is the native utility token of the Quant Network, used to power the Overledger blockchain operating system.…

ALGO is the native utility and governance token of the Algorand blockchain, a scalable, secure, and decentralized smart…

YLDS is an SEC-registered, USD-pegged yield-bearing stablecoin issued by Figure Certificate Corp (FCC), a subsidiary of…

USD0 is a decentralized stablecoin issued by Usual, fully backed 1:1 by Real-World Assets (RWA) such as US Treasury Bill…

XDC is the native utility token of the XDC Network (formerly XinFin), an enterprise-grade, EVM-compatible hybrid blockch…

INJ is the native utility and governance token of Injective, an interoperable Layer 1 blockchain optimized for building…

SYRUP is the native utility and governance token of Maple Finance, an on-chain asset management and institutional lendin…

USA₮ (USAT) is a U.S. dollar-pegged stablecoin launched by Tether, designed to operate within the United States' federal…

ZBCN is the governance and utility token of the Zebec Network, a decentralized infrastructure provider focused on real-t…

Spiko US T-Bills Money Market Fund

Spiko US T-Bills Money Market Fund

ustbl
Learn more about Spiko US T-Bills Money Market Fund

UST is a ticker associated with several distinct financial assets. Most prominently, it refers to TerraClassicUSD (forme…

OriginTrail (TRAC) is the utility token powering the OriginTrail Decentralized Knowledge Graph (DKG), a trusted knowledg…

Theo Short Duration US Treasury Fund

Theo Short Duration US Treasury Fund

thbill
Learn more about Theo Short Duration US Treasury Fund

thBILL (Theo Short Duration US Treasury Fund) is an institutional-grade tokenized asset representing interest in short-d…

Reserve Rights (RSR) is an ERC-20 utility and governance token for the Reserve protocol. It serves two primary functions…

RWA Layer 1 blockchain

CFG is the native utility and governance token of Centrifuge, a decentralized finance (DeFi) protocol designed to bridge…

Matrixdock Gold (XAUm) is a tokenized asset backed 1:1 by one troy ounce of 99.99% pure physical gold certified by the L…

VELO is the utility token of the Velo Protocol, a blockchain financial protocol designed to enable digital credit issuan…

KTA is the native utility token of the Keeta Network, a high-performance Layer-1 blockchain designed for scalability, co…

Ravencoin (RVN) is the native utility token of the Ravencoin blockchain, a protocol specifically designed for the creati…

ZIG is the native utility and governance token of ZIGChain, a purpose-built Layer 1 blockchain designed for wealth gener…

POLYX is the native utility and protocol token of Polymesh, an institutional-grade permissioned blockchain purpose-built…

RED is the native utility and governance token for RedStone, a modular oracle platform specializing in yield-bearing col…

XYO is the utility token for the XYO Network, a Decentralized Physical Infrastructure Network (DePIN) focused on collect…

CTC is the native utility and governance token of the Creditcoin network, a Layer 1 EVM-compatible blockchain designed f…

CARDS is the native utility and governance token for Collector Crypt, a platform on the Solana blockchain that tokenizes…

DUSK is the native utility token of the Dusk Network, a public, permissionless Layer 1 blockchain designed specifically…

CSPR is the native utility and governance token of the Casper Network, a Proof-of-Stake Layer-1 blockchain launched in M…

MANTRA is the native utility and governance token of MANTRA Chain, a security-first Layer 1 blockchain designed for Real…

AVNT is the native utility and governance token of Avantis, a decentralized perpetual futures exchange built on the Base…

Collect on Fanable

Collect on Fanable

collect
Learn more about Collect on Fanable

COLLECT is the native utility token for the Collect Foundation and Fanable ecosystem, which bridges physical collectible…

OpenEden Open Dollar (USDO) is a rebasing, yield-bearing stablecoin issued by OpenEden Digital (OED), a digital asset is…

The Travel Layer For Crypto

Energy Web Token (EWT) is the native utility token of the Energy Web ecosystem, a decentralized technology platform desi…

PRO is an Ethereum-based utility token that powers the Propy ecosystem, a decentralized marketplace for international re…

LCX is the native utility token of the LCX.com platform and the LCX Cryptocurrency Exchange. It serves as the fuel for t…

CPOOL is the native utility and governance token for Clearpool, a decentralized capital markets ecosystem that enables i…

StrikeX (STRX) is the native utility token of the StrikeX ecosystem, developed by the UK-based StrikeX Technologies Ltd.…

BLAST is the native utility and governance token of the Blast network, an Ethereum Layer 2 (L2) scaling solution featuri…

RWA tokenization platform

CHEX is the native utility token of the Chintai network, a licensed and regulated tokenization platform designed for fin…

USUAL is the governance token for the Usual protocol, a decentralized platform focused on issuing secure, fiat-backed st…