RWA

Ripple's Prime Brokerage Starts Quoting Shares and Gold Around the Clock, Using Hyperliquid's Order Books

Ripple Prime has opened perpetual swaps on equities, ETFs, metals, energy and currencies for institutional clients, referencing contracts listed on Hyperliquid, with trading and settlement running 24 hours a day.

A Hong Kong Firm Signs Up to Put $500m of Pre-IPO AI Shares Onchain

L2 Capital is the first partner on a tokenization platform Newton Labs has not finished building. The design puts transfer restrictions inside the token and checks them before every settlement.

A $911bn Fund Manager Puts Share Classes on a Blockchain, Inside Normal Brokerage Accounts

Federated Hermes is working with Prometheum to issue blockchain-based share classes of its funds, aiming them at ordinary brokerage accounts rather than crypto wallets.

LiquidAcre Picks Uphold to Run the Plumbing Behind Tokenised Property

The fintech has selected Uphold for trading, custody and identity checks ahead of planned tokenised real estate offerings, The Defiant reported.

Kazakhstan's Central Bank Hires Tether to Study a Tenge Token

The National Bank of Kazakhstan has signed an agreement with the issuer of USDT to explore a tenge-pegged stablecoin and a framework for putting real-world assets on a blockchain.

South Korea Puts Numbers on Its Tokenised Securities Regime Ahead of a 2027 Start

The country's financial regulator has proposed detailed rules covering capital requirements for issuers, licensing for over-the-counter trading and limits on how much retail investors can put in.

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.

Near Puts Ondo's Tokenized Stocks Behind a Private Execution Layer

near.com began offering Ondo Finance's tokenized US stocks and ETFs on Tuesday, payable with crypto held on more than 30 networks, with trades that the two firms say are not broadcast publicly. US and Canadian users are excluded.

Ondo Lets Institutions Swap Real Shares for Tokens Without Touching Cash

Approved institutions can now mint and redeem Ondo's tokenized stocks and ETFs by delivering the underlying securities rather than buying them, according to Cointelegraph.

A Korean Bank Cuts a $100m Bond's Settlement From Days to Hours

Hana Bank issued a five-year, $100m digital bond on Euroclear's blockchain platform, collapsing a settlement cycle normally measured in business days into the same day, according to reports.

A $1.23bn Tokenised Treasury Fund Becomes Part of a Payment Firm's Stablecoin Reserves

MoonPay will build access to WisdomTree's WTGXX for its account base and hold the tokenised money market fund against its own stablecoin reserves, putting a regulated fund inside payment plumbing.

Aave Wants Institutions Borrowing Tether's US Dollar Token Against Tokenized Collateral

Aave Labs has proposed an RWA Hub on Avalanche where institutions post tokenized assets and borrow USA₮. Both the hub and the USA₮ listing need a DAO vote, and the announcement carries no launch date.

London Considers Exempting Tokenized Gold From Fund Rules

The Financial Conduct Authority is weighing a bespoke framework with the Treasury that would carve digital gold out of collective investment scheme law, a defensive move for the London bullion market.

Tether and Fasanara Put $400m Into a Private Credit Fund and Aim for $3bn

The two sponsors have seeded an evergreen private credit vehicle with $400m of their own money, targeting up to $3bn from outside institutions. Tether originates the deals and runs settlement in USDT.

Onchain Equities Have Passed Governance Tokens on User Engagement

Tokenized stock trading has grown fast enough that equity tokens now draw more user activity than DeFi governance tokens, Crypto Briefing reported, with the caveat that most of it runs through a single platform.

India Puts $100m of Corporate Bonds on a Ledger and Settles Them in Wholesale Digital Rupee

SEBI's Demat 2.0 pilot went live with three issuers raising more than $100m in tokenized corporate bonds, with payment settled through the Reserve Bank of India's wholesale central bank digital currency.

A tokenized equity is only as good as the chain of custody underneath it. Here is who holds the underlying share, where the token sits in the legal queue, and what each link can do to you.

A Korean Conglomerate Is Building Its Tokenized Securities Rails on Avalanche

Hanwha is developing a tokenized securities platform on Avalanche ahead of amendments that fold the instruments into South Korea's existing financial framework from February, according to The Block.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.