RWA Foundation

From treasuries and private credit to pre-IPO stocks, reinsurance and collector cars.

These 18 teams are building real world assets onchain as RWA Foundation members.

@Securitize @maplefinance @solana @avax @plumenetwork @PreStocks @DinariGlobal @StellarOrg @Brickken @DRVNLabo @Credefi_finance @onrefinance @etherfuse @RealFinOfficial @IxsFinance @orca_so @accreditoken @tokenterminal

.@StellarOrg and @FTDA_US led tokenized fund growth this week, @Ethena and @Ripple led stablecoins, and Binance @bstocksfinance and @BNBCHAIN led tokenized stocks. @Solana and @Backpack added the most tokenized stock holders.

91% of all tokenized stocks lead back to one broker.

Tokenized stocks total $4.60B today, and $4.17B of that is backed by real shares held at a single US broker:

@AlpacaHQ Securities.

• 7 issuers use it: Binance bStocks, @ondo, @xStocksFi, @RobinhoodApp, @RealityFi_xyz, @coinbase and @DinariGlobal.

• Alpaca holds those shares at DTC, the central US securities depository. On the company's books, the owner is Cede & Co., not you.

• @Securitize stock tokens and @Backpack take a different route through RQD Clearing, but still end up at DTC.

• @SuperstateInc and @Securitize's issuer-sponsored tokens are the only ones that skip both. The shares sit on the company's own register, with no broker and no DTC.

That's 4.7M token holders (wallets) across those 7 issuers, with one broker between all of them and the real shares.

h/t @steinRWA for the original breakdown

Data: @tokenterminal, @Blockworks

By chain, @Arc added $194.8 million and the @XRPLF Ledger $178.7 million.

@trondao, @SuiNetwork and @HyperliquidX each added more than $57 million.

Via @tokenterminal

.@Backpack added 50.2K new tokenized stock holder wallets in the last 7 days, almost double the next-largest issuer.

Via @tokenterminal