.png)
1. RWA Market Metrics Updated: $35.67B On-Chain Value
This week's data shows the tokenized asset market has reached $35.67 billion, with monthly growth at ~2.9% and the number of RWA holders rising to ~540,000. Steady adoption continues across private credit, stablecoins, and institutional products.
2. Tether Invests in Parfin to Boost LATAM Institutional Tokenization
Tether has expanded its presence in Latin America through a strategic investment in Parfin, aiming to boost institutional adoption of USDT for settlement, RWA tokenization, and cross-border payments.
Parfin provides institutions with tools for digital asset custody, tokenization, trading, and management while maintaining compliance with regulatory standards. The company has developed the Parfin Platform and Rayls to bring traditional financial systems on-chain with security, privacy, and compliance features.
3. Animoca Brands & Hang Feng Sign Institutional RWA Tokenization Partnership
Animoca Brands and Hang Feng Technology Innovation signed an MOU to develop a dedicated RWA vault on Animoca’s NUVA marketplace. The collaboration will focus on accelerating institutional adoption of RWAs by exploring opportunities to tokenize assets managed by Hang Feng and provide its client base with access to NUVA’s infrastructure
Hang Feng, a Cayman Islands holding company based in Hong Kong, provides corporate management consulting and asset management services. Animoca Brands is a digital assets company focused on blockchain and Web3 innovation.
4. Securitize Deploys Institutional Assets on Plume Blockchain
Securitize, a leading real-world asset tokenization firm, confirmed new deployments of institutional-grade assets on Plume, an RWA-focused Layer 2.
Securitize’s decision to deploy institutional assets on Plume’s blockchain marks a pivotal moment for RWA tokenization. The Plume network specializes in regulatory-compliant real-world assets, providing the perfect environment for institutional adoption.
The partnership, underscoring the growing convergence of traditional finance and DeFi infrastructures, will connect BlackRock and Morgan Stanley-backed Securitize's tokenized funds to Plume's network of over 280,000 real-world asset (RWA) holders, supposedly the largest RWA investor community globally.
5. HSBC Announces Expansion Into Tokenized Deposits, Targeting the $16T RWA Market
HSBC confirmed plans to introduce bank-backed tokenized deposit products in the U.S. and UAE by 2026, aligning with the bank’s broader digital-asset roadmap. The move positions HSBC as one of the most globally recognized institutions exploring regulated tokenization and on-chain deposit infrastructure.
HSBC’s initiative follows similar initiatives by other major banks, including Deutsche Bank AG, Citigroup, and Banco Santander SA, which are already exploring how digital assets can facilitate quicker and more efficient payments. HSBC’s deposit tokens will be digital assets that represent a claim on existing deposits, functioning as tokenized forms of money already held in bank accounts. The deposit tokens differ from stablecoins, which are typically linked to fiat currencies.
6. Robinhood Unveils Three-Phase Plan to Enable Permissionless Tokenized Stocks
Robinhood announced a roadmap to let DeFi applications integrate tokenized U.S. equities through a three-phase rollout, leveraging Arbitrum Stylus for compatibility and smart-contract level access. The goal is to enable permissionless use of tokenized stocks across wallets, dApps, and multi-chain ecosystems.
The company has already launched phase one through its European tokenised stock programme, which offers nearly 800 on-chain representations of U.S. equities to EU users. These tokens track stock prices but currently cannot be transferred outside the app, meaning they function as closed-system digital representations rather than blockchain-native assets.
Phase two introduces continuous around-the-clock trading, moving away from traditional market hours. This stage relies in part on Robinhood’s acquisition of Bitstamp and infrastructure upgrades that would allow equities to trade similarly to crypto markets. While stocks themselves remain regulated instruments, the tokens representing them would be tradable outside standard exchange windows. The expansion aims to eliminate time-based friction and align equities with global crypto-market liquidity cycles.
Closing Thoughts
The numbers and announcements this week speak for themselves:
$35.67 billion in on-chain RWA value, over 540,000 holders, and some of the biggest names in global finance (HSBC, Tether, Securitize, Robinhood, and Animoca) all leaning further into real-world asset tokenization at the same time.
RWA tokenization continues to move in a very practical direction. Banks are testing tokenized money, brokerages are experimenting with on-chain equities, and institutions are putting real assets onto networks built for compliance. What’s most interesting is how routine these developments are beginning to feel. Tokenized deposits, tokenized stocks, and institutional fund deployments aren’t framed as pilot experiments anymore; they’re showing up as straightforward product updates across different sectors.
Each announcement this week points to a similar trend: tokenization is being adopted because it solves real operational problems. Faster settlement cycles, programmable access, global distribution, and cleaner back-office processes are no longer theoretical benefits, they’re becoming part of how financial products are designed and delivered.
If this momentum continues, tokenization will shift from an emerging idea into an expected standard!
.png)
