RWA is the narrative, but which projects have
real token plans? We ranked them.
SOstium, Pharos, Midas, trade.xyz
- Ostium — Arbitrum-based RWA perpetual swap platform – on-chain exposure to stocks, commodities, FX, and indices with 95%+ OI in non-crypto markets.
- Pharos — High-throughput EVM-compatible L1 for RWA tokenization and DeFi – deep-parallel execution engine.
- Midas — Regulated asset tokenization protocol – mTBILL (tokenized US T-Bills backed by BlackRock fund) and mBASIS yield products.
- trade.xyz — Non-custodial trading interface for HIP-3 perpetual markets on Hyperliquid – offering 24/7 access to equities, commodities, indices, and cry...
AHaven, Dinari, Obex, DigiFT, KAIO, infiniFi, Courtyard
- Haven — EVM L1 multi-app chain for DeFi 2.0 and tokenized RWAs – gasless transactions with permissioned-yet-decentralized architecture.
- Dinari — Tokenized equities platform offering dShares – 1:1 backed tokenized US stocks with full shareholder rights, available in 85+ countries.
- Obex — 'Y Combinator for stablecoins' – Sky (MakerDAO) ecosystem-backed 12-week accelerator for teams building yield-generating RWA-backed stableco...
- DigiFT — Regulated exchange for tokenized RWAs – first platform licensed by both MAS (Singapore) and Hong Kong SFC.
- KAIO — Institutional AppChain protocol (formerly Libre Capital) by Nomura's Laser Digital – compliant RWA tokenization for $200M+ in assets.
- infiniFi — Depositor-driven DeFi system addressing duration gaps – automates capital allocation, users choose liquidity or higher yields.
- Courtyard — Marketplace and tokenization platform for physical collectibles – trading cards and Pokemon stored in Brink's vaults as NFTs on Polygon.
BReal Finance, OpenTrade, Beezie, Zoth, StableStock, Mu Digital, Tellura
- Real Finance — L1 blockchain for institutional-grade RWA tokenization – dual-validator model integrating tokenization firms and risk assessors.
- OpenTrade — London-based stablecoin yield infrastructure – compliant yield products for fintechs and institutions via USDC settlement.
- Beezie — Social marketplace for collectibles with gamified 'Claw' machines – all items stored in Brink's vaults with insurance.
- Zoth — Retail-focused RWA ecosystem connecting TradFi and on-chain finance – permissionless omnichain stable tokens backed by RWA collateral.
- StableStock — TraDeFi platform for on-chain stock trading with stablecoins – 1:1 tokenized US equities (sStock) on BNB Chain, 24/7.
- Mu Digital — First Asian-focused yield protocol in DeFi – tokenizes Asian credit instruments for on-chain yield targeting the $20T Asia credit market.
- Tellura — Tokenized copper trading platform on Plasma Mainnet – enables 24/7 trading of COPR tokens backed 1:1 by physical LME-grade copper with insta...
CPenomo, Kasu, MultichainZ, Qiro Finance
- Penomo — AI-native operating system for infrastructure credit that tokenizes operating renewable energy assets into institutional-grade digital instr...
- Kasu — RWA private credit lending protocol on BASE – JV between Faculty Group and Apxium, lending to top-tier accounting firms.
- MultichainZ — Omnichain RWA lending protocol – deposit collateral on one chain, borrow on another.
- Qiro Finance — Decentralized RWA-backed lending – connects stablecoin investors with emerging market borrowers via AI-powered underwriting.
