Grayscale identifies six leading protocols expected to benefit from tokenization as asset digitization expands globally, highlighting Canton, Ethereum, Solana, and infrastructure networks.
Real World Assets (RWA)
Grayscale Research projects tokenization could be a major shift in global finance, with on-chain assets around $30B and the broader market worth about $300T, led by Ethereum, Solana, and Canton.
OKX, BlackRock and Standard Chartered unveil a framework using BUIDL as off-exchange collateral, enabling regulated custody and on-platform trading.
Hong Kong-based Flow Capital Partners plans to bring its $150 million private credit fund onchain using tokenized shares via DigiFT, signaling wider access to real-world assets in Asia.
SpaceX moves toward an IPO filing with a strong valuation target as tokenized stock slips and institutional tokenization activity grows.
Ondo Global Markets expands tokenized securities across Ethereum, Solana, and BNB Chain as regulatory clarity grows in the U.S.
The Metaplex Foundation and K Wave Media announce a MoU to tokenize K-Culture IP, linking creators and fans with onchain digital assets via Metaplex.
Open World expands its real-world asset tokenization in Saudi Arabia as Dr. Salman Al-Khaldi leads the regional office.
XRP Ledger sits at 11th in on-chain RWA value as Plume Network overtakes it; Ethereum remains the leader in on-chain RWA, with growing competition across ecosystems.
Open World and VerifyMe sign a definitive merger to create a Nasdaq-listed real-world asset tokenization leader, with regulatory filings expected in 2026; regulatory reviews.