Real-World Asset (RWA) Tokenization Watchlist 2026
Real-World Asset (RWA) tokenization continues to be one of the fastest-growing sectors in blockchain, bridging traditional finance with DeFi. By digitizing assets like treasuries, real estate, private credit, and equities, RWAs enhance liquidity, enable fractional ownership, and attract institutional players. As of late 2025, the on-chain RWA market exceeds $30-50 billion (excluding stablecoins), driven by tokenized U.S. Treasuries, private credit, and real estate. Major institutions like BlackRock (BUIDL fund) and Franklin Templeton are leading adoption . Here’s a curated watchlist of top RWA projects and protocols to monitor, based on market cap, TVL, innovation, institutional backing, and growth potential: Ondo Finance (ONDO) Focuses on tokenized treasuries and yield-bearing products. A leader in institutional-grade RWAs with strong DeFi integration and compliance. Centrifuge (CFG) Pioneers tokenization of private credit, invoices, and trade finance. Integrates real-world collateral...