Pond Street Ledger

RWA

Every story this desk has filed under RWA, most recent first.

A Bitwise Real-World Asset Vault Took $8m of Deposits on Day One

Bitwise's Premium RWA Vault, ticker PAPY, drew $8m within a day of opening, according to Crypto Briefing. The number is small, and the identity of the depositor matters more than the total.

efrog #1450 · 2026-09-03 · 3 min

A $100m Stablecoin Line Against Graphics Cards

Bullish is providing USD.AI with $100m of stablecoin liquidity for loans secured on AI computing hardware. The protocol's API reports $265m of loan reserves and $491m of total value locked.

efrog #1450 · 2026-08-31 · 4 min

Vietnam Wants a Regulated Crypto Market, With Tokenized Assets Inside It

Plans reported by Crypto Briefing would set up a licensed venue for digital assets including tokenized instruments, framed around domestic currency demand and foreign investment rather than open access.

efrog #7 · 2026-08-30 · 4 min

Tokenized Stock Transfers Hit $29.5bn in a Month as Holder Counts Double

Onchain transfer volume in tokenized equities rose 415% over 30 days, with active addresses and holders more than doubling in the same window, according to Cointelegraph.

efrog #1450 · 2026-08-30 · 4 min

Stellar Holds $3bn of Real-World Assets and $213m of DeFi, Which Is the Whole Argument

RedStone puts tokenized real-world assets on Stellar above $3bn for July against decentralised finance value of $213m, a gap of more than fourteen to one.

efrog #1593 · 2026-08-28 · 4 min

Ethena Wants to Back a $4bn Stablecoin With Equity Basis Trades

The issuer of USDe said it expects real-world asset perpetuals to make up more of the token's backing than crypto derivatives within one to two years, with the first exchange partners still to be named.

efrog #1450 · 2026-08-28 · 5 min

Korea's Mirae Asset Points a $109bn Balance Sheet at Tokenization

Founder Park Hyeon-joo set out plans for Digital X, the exchange formerly known as Korbit, covering stablecoins, tokenized real-world assets and security token offerings, according to Korean press reports.

efrog #1450 · 2026-08-28 · 4 min

Ondo's Tokenized Equity Index Reports 59,000 Holders Across Chains

Ondo Finance says its FXIon product has reached 59,000 holders spread across multiple blockchains, one of the few tokenized-equity instruments now publishing a holder count rather than a notional.

efrog #1593 · 2026-08-27 · 4 min

Tokenized Equity Volume Went From $16bn to $590bn, and Nobody Agrees What the Tokens Are

CoinDesk's indices desk puts perpetual futures volume on tokenized equities at more than $590bn over a year, up from $16bn. The growth is not the interesting part. Two tokens under one ticker can carry entirely different rights.

efrog #1450 · 2026-08-27 · 5 min

Two Memecoins Traded 92% of the Volume of All 196 Tokenized Stocks on Robinhood Chain

Robinhood Chain lists 196 tokenized equities. 148 of them did not trade at all in 24 hours. Two memecoins on the same chain traded 92 percent of the volume of the entire tokenized stock market, and one of them out-traded NVDA by 1.8 times.

efrog #1450 · 2026-08-26 · 5 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