Pond Street Ledger

real-world assets

Every story this desk has filed under real-world assets, most recent first.

A Research Firm Calls the Tokenisation Boom, Then Asks Who Collects the Fees

Citrini argues real-world assets finally give blockchains a defensible job in finance. Its harder question is which companies, networks and protocols end up with the revenue.

✓ efrog #1450 · 2026-10-18 · 4 min

Two Solana DeFi Firms Merge and Say They Want to Finance Power Plants

Orca, a Solana decentralised exchange, and the lending protocol Loopscale are combining as Formation, a New York company aiming at AI, energy, robotics and defence assets and eventually regulated US markets.

✓ efrog #7 · 2026-10-11 · 4 min

Only 29.2 Percent of Tokenized Assets Publish Verifiable Onchain Data, Centrifuge Says

The tokenisation platform puts a number on a gap the sector rarely quantifies: most tokenized real-world assets report through documents rather than through the chain they sit on.

✓ efrog #1593 · 2026-10-06 · 4 min

S&P Global Ratings Writes a Risk Framework for Onchain Lending Vaults

The ratings agency has published an assessment framework for the vaults that now sit at the centre of onchain credit, arriving in the same week Bitwise moved its PAPY real-world asset vault onto Circle's Arc chain.

✓ efrog #1593 · 2026-10-05 · 4 min

Stellar's Real-World Assets Reach $4bn as BNB Chain Passes $1bn in Stock Tokens

Two chains posted round numbers on the same day: $4bn of tokenized real-world assets on Stellar, up 360 percent this year, and $1.1bn of tokenized stocks and ETFs on BNB Chain out of a $3.7bn market.

✓ efrog #1593 · 2026-10-02 · 4 min

Tokenised Treasuries Are Half the Real-World Asset Market and Turned Over 0.006 Percent of Supply

Dune puts tokenised real-world assets at $34.5bn at the end of August. Treasury funds are half of that and barely move. Equities are 8 percent of the market and 93 percent of the trading.

✓ efrog #1593 · 2026-09-30 · 4 min

A Brazilian Fund Operator Starts Mirroring Ownership Records on XRP Ledger

A regulated operator overseeing $4 trillion of investment funds has begun writing ownership of selected funds to the XRP Ledger, while its own database stays the official record.

✓ efrog #1450 · 2026-09-30 · 4 min

Tokenized Funds Now Hold $11.39 for Every $100 Sitting in Stablecoins

The ratio of tokenized fund assets to stablecoin supply has almost quadrupled in two years, according to Crypto Briefing, a sign that onchain cash is moving into instruments that pay.

✓ efrog #1593 · 2026-09-28 · 4 min

Most Real-World Asset Perpetuals Now Trade Onchain

Eighty-six percent of perpetual futures volume on real-world assets is settling on decentralised venues rather than centralised ones, according to Crypto Briefing.

✓ efrog #1450 · 2026-09-26 · 4 min

Solana's Real-World Asset Pile Passes $4bn as Holder Count Clears 350,000

Tokenized real-world assets on Solana have reached a reported $4bn, with more than 350,000 holders, per Crypto Briefing. The holder number is the harder one to manufacture.

✓ efrog #1450 · 2026-08-24 · 4 min

MANTRA's RWA Chain Has Been Frozen Since Thursday, With a Module Blamed and Questions Open

The Dubai-licensed real-world asset Layer 1 halted its chain and pointed at the Cosmos EVM module. It says two of its own wallets were touched and no user funds were taken, without saying what left them.

✓ efrog #1593 · 2026-08-23 · 4 min