β‘οΈ WHO CONTROLS TOKENIZATION?
The top 5 RWA managers now control $13.2B β 42.5% of the market.
TOP 5 (Distributed Value):
1. Circle β $3.1B β² +2.98%
2. Ondo β $2.7B βΌ -2.13%
3. Tether β $2.5B βΌ -2.77%
4. Franklin Templeton β $2.5B β² +1.59%
5. BlackRock β $2.4B βΌ -5.40%
The real story: Anemoy grew +12.25% in 30 days β fastest in top 10.
Meanwhile: BlackRock -5.40%, Paxos -10.79%, Maple -6.12%.
Capital consolidates at the top. Challengers grow faster.
Who's next to break into the top 5?
#RWA #Tokenization
@Cointelegraph Everyone reads this as "another fund on Solana." It's not. Allfunds isn't a manager β it's the distribution layer 3,300 institutions already plug into. When the pipe goes on-chain, the funds follow by default.
The RWA patent wars just started.
tZERO β building since 2014, sitting on 105 patents β accused Securitize of infringing its core IP.
Securitize fired back in Delaware court, calling the claims meritless.
The fight centers on:
β DS Protocol
β Vault Registrar
These are the rails Securitize issues tokenized securities on.
tZERO says it has already identified six more firms to target next.
Nobody fights over plumbing nobody uses.
The lawsuits are proof the pipes finally matter.
#RWA #Tokenization
β‘οΈ WHO CONTROLS TOKENIZATION?
The top 5 RWA managers now control $13.2B β 42.5% of the market.
TOP 5 (Distributed Value):
1. Circle β $3.1B β² +2.98%
2. Ondo β $2.7B βΌ -2.13%
3. Tether β $2.5B βΌ -2.77%
4. Franklin Templeton β $2.5B β² +1.59%
5. BlackRock β $2.4B βΌ -5.40%
The real story: Anemoy grew +12.25% in 30 days β fastest in top 10.
Meanwhile: BlackRock -5.40%, Paxos -10.79%, Maple -6.12%.
Capital consolidates at the top. Challengers grow faster.
Who's next to break into the top 5?
#RWA #Tokenization
@sidelined_cap Exactly. Ideology is a pre-product luxury. Once you're issuing real assets, you go where settlement, wallets and liquidity already live β and that map looks nothing like the old L1 loyalty chart.
The rankings are just starting to reflect that.
β‘οΈ One chain still holds nearly half of all tokenized value.
It's also the only one in the top three that shrank this month.
Ethereum's lead isn't going away β but the growth has moved.
Stellar, Solana and BNB Chain all posted double-digit gains while ETH and Avalanche pulled back.
RWA began as an Ethereum story.
It's turning into a multi-chain one.
Not fragmentation β but what infrastructure looks like once it stops being an experiment and starts following the assets.
Data: https://t.co/UH8MLfT3f7
#RWA #Tokenization
@NESHPOOH That's the right lens. A price move can be one desk. A rising holder count over weeks is harder to fake β that's the part that signals real adoption, not just a headline.
Watching the same thing.
β‘οΈ $14.1B in tokenized U.S. Treasuries, and not one issuer has pulled away.
The top four β Circle, Ondo, Franklin Templeton, Securitize β sit within ~4 points of each other.
That's not a settled market.
That's a race nobody has won yet.
So the question isn't who leads today.
It's who's still early enough to take it.
Data: Token Terminal
#RWA #Tokenization
@centrifuge Protocol handles issuance. Exchange handles reach.
Put together, that's how a tokenized asset finds users instead of sitting onchain. Good to see the two sides meeting.
@Grayscale@LowBeta Interesting that the right side of the spectrum β cash-flow driven β is exactly where tokenised real-world assets sit.
A tokenised bond is still a bond. The valuation method doesn't change just because it's on-chain.
That's the part of crypto that was never really speculative.
@avax The founding list says more than the announcement does.
Franklin Templeton and VanEck aren't here for faster transactions. They're here for the layer where liquidity, settlement and compliance work as one.
@ArchaxEx Everyone's racing to issue. Almost no one's solved why the tokens just sit there afterward.
That Standard Chartered point buried at the bottom is the most important sentence in the whole update.
@IOSGVC backed @Centrifuge in 2021.
In 2026, they didn't lead a new round.
They increased their position through open-market purchases and entered a strategic partnership to scale institutional tokenization across Asia.
That distinction matters.
A fresh funding round is a bet on a company.
Open-market accumulation after five years is a bet on a mature asset class.
Asia is quickly becoming the next major institutional tokenization arena β with growing allocator interest, advancing digital asset frameworks, and real demand for regulated on-chain products.
The smart money isn't just watching RWA anymore.
It's doubling down. β‘οΈ
#RWA #Tokenization