RWA

GMTrade said it will leave Solana and move to Robinhood Chain, putting another Solana-native trading project inside the new migration chatter around Robinhood’s RWA-focused Layer 2. The perp DEX framed the decision around heavy competition on Solana and fading visibility from Solana co-founder Anatoly Yakovenko, known as Toly on X. “The competition on Solana is too tough,” the team wrote, adding that “retweets from @toly started drying up” before it decided there was “no other choice.” The wording keeps part…

RWA perpetual futures topped $100 billion in June volume, marking the first monthly move into triple-digit billions for onchain derivatives tied to real-world assets. [caption id="attachment_466171" align="aligncenter" width="2560"] Source: DeFiLlama[/caption] The market covers perpetual contracts linked to public equities, commodities, precious metals, foreign exchange and financial indices rather than native crypto assets such as BTC or ETH. Current RWA perp markets span 611 tracked contracts, with open interest near $3.43 billion and 24-hour volume above $5.5 billion. The volume surge…

RWA DeFi deposits climbed from $2.33 billion in Q2 2025 to $7.44 billion in Q2 2026, marking roughly 200% year-over-year growth even as overall DeFi total value locked declined by about 15% over the same period. The split shows tokenized real-world assets gaining share inside DeFi while the wider market remains under pressure. Treasury products, tokenized funds, commodities, tokenized stocks and credit-linked assets are increasingly being used as collateral, settlement assets and yield-bearing positions rather than sitting only as passive…

Tokenized asset spot volume on Solana climbed from $2.69 billion in Q1 to $5.7 billion in Q2, more than doubling in one quarter as public-market exposure continued moving onto crypto rails. [caption id="attachment_466012" align="aligncenter" width="2394"] Source: Blockworks[/caption] The quarterly jump puts Solana near the front of the onchain RWA trading race, where tokenized stocks, ETF-linked products and other real-world asset instruments are starting to generate exchange-style turnover instead of only headline issuance. Solana Compass placed the Q2 total at $5.77…

Tokenized stocks have reached a record $1.8 billion market cap as public-market assets continue moving onto crypto rails. The latest issuer split leaves Ondo with about 58% of tracked onchain value, while xStocks holds roughly 37%. Binance’s bStocks has already taken about 6% within eight days of launch, giving the market a new fast-moving entrant after months of Ondo and xStocks dominance. The growth shows tokenized equities moving beyond small pilot markets. Products tied to public stocks and ETFs are…

The International Monetary Fund said tokenization can change the world’s financial architecture, with policy choices determining whether the shift strengthens or fragments the financial system. Tobias Adrian, the IMF’s Financial Counsellor and Director of the Monetary and Capital Markets Department, published the July 2 blog Tokenization Can Change the World's Financial Architecture. The piece builds on the IMF Note Tokenized Finance, which frames tokenization as a structural change in financial-market infrastructure. Tokenization moves financial assets and liabilities onto shared programmable…

Franklin Templeton’s BENJI suite reached $1.98 billion across nine chains, extending one of the longest-running regulated tokenized fund experiments in public blockchain markets. The figure comes five years after Franklin Templeton launched BENJI on Stellar in April 2021. The product represents the Franklin OnChain U.S. Government Money Fund, or FOBXX, which Franklin Templeton describes as the world’s first U.S.-registered money market fund onchain. One share of FOBXX equals one BENJI token, with fund share ownership recorded through the firm’s blockchain-integrated…

BNB Chain tokenized stocks have topped $5 billion in cumulative trading volume, marking another milestone for onchain equity markets as real-world asset products move from passive issuance into active trading. The activity is led mainly by Ondo Global Markets, with BNB Chain also hosting xStocks after its April expansion brought more than 50 tokenized U.S. equities and ETFs to the network. The combined market gives users onchain exposure to public-market assets through products that can trade, transfer and route across…

Standard Chartered initiated coverage on Aave with a $3,500 price target for 2030, making one of the strongest institutional calls yet on DeFi lending. The call implies a roughly 50-fold move from current levels, with AAVE recently trading near $76 after a sharp drawdown across DeFi tokens. The bank’s thesis links Aave’s upside to a projected 37-fold expansion in DeFi assets by 2030 as tokenized finance, stablecoins, crypto collateral and real-world assets move deeper into onchain markets. Aave is already…