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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.