Grvt Launches 3 Tokenized Yield Funds Backed by Institutional RWAs

Decentralized derivatives platform Grvt is partnering with tokenization specialist Plume to launch three tokenized real-world asset (RWA) yield products. The move integrates fixed-income and structured-credit exposure directly into Grvt’s platform, enabling users to access on-chain yield strategies from self-custodial wallets without moving assets to separate venues.

The products will track tokenized institutional-grade assets, including exposure to the iShares AAA CLO Active ETF, which totals roughly $2.2 billion in assets. The three investment vehicles — Base Yield Fund, Balanced Fund and Opportunistic Fund — will be available inside Grvt’s trading environment, letting users tap into yield strategies from the same wallet they already use for perpetual futures trading.

Plume, which focuses on tokenized real-world assets, provides the on-chain yield infrastructure that underpins these products. Grvt’s announcement notes that the arrangement merges tokenized fixed-income exposure with Plume’s network, expanding the utility of perpetual futures by layering yield opportunities onto the same self-custodial balance.

Perpetual futures contracts, or perps, are a staple for traders seeking to speculate on price movements without owning the underlying asset. Unlike traditional futures, perps carry no expiration, allowing positions to be maintained indefinitely. Grvt’s daily trading activity sits within a wider DeFi ecosystem that processed about $15.2 billion in perpetual DEX volume over the last 24 hours, according to data from CoinGecko, with Grvt handling around $1.23 billion of that turnover.

In February, Grvt also integrated the Aave lending protocol to let traders earn yield on margin collateral while their perpetual positions remain open, illustrating the platform’s ongoing push to combine on-chain liquidity with yield opportunities.

Key takeaways

• Grvt and Plume will launch three tokenized RWA yield products — Base Yield Fund, Balanced Fund, and Opportunistic Fund — integrated directly into Grvt’s platform.
• The products provide exposure to tokenized institutional-grade assets, including about $2.2 billion in iShares AAA CLO Active ETF assets.
• Access to the yield strategies is designed to occur within self-custodial wallets used for trading, eliminating the need to transfer assets across separate custody or brokerage setups.
• Overall market activity for perpetual futures remains substantial, with 24-hour DEX volume near $15.2 billion and Grvt contributing roughly $1.23 billion of that total.

RWAs on-chain: scale, momentum and what changes for users

The Grvt–Plume collaboration sits amid a broader surge in tokenized real-world assets, a sector that data provider RWA.xyz puts at more than $34 billion in on-chain value. That figure marks a substantial increase from about $5.8 billion at the start of 2025, underscoring rising institutional interest in on-chain renditions of traditional financial products.

The trend is visible across the crypto ecosystem as exchanges, trading venues, and tokenization firms push to bring asset classes like fixed income, private credit and securitized assets onto blockchains. For readers following the rails that enable these products, the momentum is as much about infrastructure as about novelty — from tokenized funds to on-chain settlement and collateral models that could broaden access to traditional assets for crypto traders and institutions alike.

In context, the market momentum is mirrored by notable cross-sector moves. In March, EtherFi allocated $25 million to Plume’s Nest protocol to provide users with exposure to tokenized yield strategies tied to institutional assets and government securities. Around the same time, BTC Markets signaled plans to approach Australia’s securities regulator for a markets license to offer tokenized RWAs, including equities and bonds. Earlier in February, Binance expanded its tokenized assets by adding tokenized equities and ETFs from Ondo Finance to its Binance Alpha platform. Separately, Securitize announced a collaboration with Hamilton Lane, OKX Ventures and stablecoin infrastructure provider STBL to launch a stablecoin backed by tokenized private credit assets.

Industry observers also point to research from Boston Consulting Group, which in a May report highlighted tokenized funds, collateral and fixed-income products among the digital-asset offerings most likely to gain broader institutional adoption over the coming decade. The shift signals digital assets moving beyond purely speculative trading toward infrastructure that supports payments, settlement and capital markets operations.

What to watch next: integration, adoption and regulatory signals

The Grvt–Plume integration adds a concrete use case for on-chain yield in a space where tokenized RWAs are increasingly seen as a differentiator for platforms seeking richer, income-generating offerings. For investors and traders, the key questions are how quickly these products scale, what risk controls accompany tokenized fixed income on-chain, and how on-chain yield will interact with broader regulatory expectations as tokenized RWAs grow in prominence.

As ecosystems mature and more venues bring tokenized assets to market, readers should monitor user uptake of these new yield products, the resilience of on-chain yield infrastructure in volatile markets, and any regulatory clarifications that could shape the deployment of tokenized fixed-income strategies across decentralized platforms.

Source data and market figures referenced in this article include CoinGecko for perpetual futures volume and Grvt’s own disclosures, while on-chain asset totals are tracked by RWA.xyz. For context on related ecosystem activity, industry updates point to EtherFi, BTC Markets and Binance’s tokenized equities initiatives, as well as ongoing collaborations like Securitize’s. The broader market outlook from institutions such as Boston Consulting Group frames tokenized RWAs as a meaningful frontier for institutional adoption in the coming years.