with the regulatory outlook for crypto turning
more positive by the day companies everywhere are exploring blockchain integrations with tokenized
realworld assets or RWAs being front and center And the imminent passage of crypto regulations
suggests we’re on the verge of a major wave of web 2 and tradi firms entering the RWA space That’s
why in today’s video we’ll cover which sectors are making the leap and which cryptos could benefit
as a result My name is Guy and you’re watching the Coin Bureau Before we begin though you need to
know that I am not a financial adviser and nothing in this video should be considered financial
or investment advice This is purely educational content made to help you navigate your own crypto
quest Now there are many different sectors making moves towards RWAS but let’s start with the most
obvious crypto exchanges Yes these are more likely than any other sector to adopt any form of
tokenized asset But the way this is happening is actually rather intriguing Let’s start with
one of the largest exchanges out there Coinbase Back in January this year Coinbase revealed
that it was exploring the offering of tokenized versions of its coin stock to users on its layer
2 blockchain base This was according to base lead developer Jesse Pollock who said that quote “Every
asset in the world will be on base but added that regulatory clarity was needed before this could
happen.” Coinbase’s ambitions have since expanded though to offering tokenized stocks of all
kinds not just its own coin stock In midJune Coinbase’s chief legal officer Paul Greywell
said the company was seeking SEC approval to offer tokenized equities which Greywell described
as a quote huge priority for Coinbase Notably this would allow Coinbase to compete with the likes
of other trading platforms like Robin Hood which in May filed a 42page proposal with the SEC to
establish a regulatory framework for tokenized assets Now basically these rules would make
tokenized real world assets legally equivalent to their non-tokenized versions So for example
a tokenized US Treasury bill would be treated as an actual Treasury bill rather than a synthetic
version of one And not only that but the proposal also suggests replacing state level securities
regulations with those of the federal level And the proposal also unveiled Robin Hood’s plans
to create a realworld asset exchange called RRE which would combine highfrequency off-chain trade
matching with onchain settlement Robin Hood’s RRE will use a dualchain architecture leveraging
Salana and Bass to process 30,000 transactions per second and deliver sub 10 microscond
matching latency In layman’s terms that is damn fast Anyway another exchange moving towards
tokenized assets is Kraken the OG crypto exchange On the 22nd of May the Wall Street Journal
reported that Kraken plans to offer tokenized versions of major US stocks to non US clients
So think tokenized versions of Tesla Nvidia and Apple to name just a few These tokenized stocks
are called XStocks tokens and will represent one forone ownership of the underlying shares Notably
XStocks will be issued on the Salana blockchain It’s perhaps not surprising then that XStocks
have already gained significant attention Most recently DeFi Development Corp a Salana Treasury
company announced plans to tokenize its DFTV stock via Kraken’s XT stocks In any case the momentum
behind crypto exchanges tokenizing stocks is likely to continue for the foreseeable future
That’s simply because there is a huge appetite for these products In fact some market analysts
have predicted that tokenized stocks could reach $1 trillion in total market cap in the coming
years And speaking of crypto exchanges you can video so far then fire up those like and subscribe
buttons and be sure to turn on those notifications too so you don’t miss our next one Now I know
what you’re thinking Cryptonative exchanges adopting crypto-based tokenized assets Big deal
Well maybe you’re right But crypto exchanges are just one small piece of a puzzle that’s growing
bigger by the day Believe it or not but another piece of that puzzle is the banking sector
specifically mega banks And one of these mega banks is none other than JP Morgan which has
been taking major steps towards tokenized real world assets In fact the mega bank recently made
history by becoming the first major global bank to connect its core payment system to a public
blockchain In midMay 2025 JP Morgan settled its first ever transaction on a public blockchain This
transaction involved tokenized US treasuries and was completed on Finance’s Onondo Chain and used
Chainlink as a bridge between private and public networks And this move was a major step for JP
Morgan’s own digital asset platform Kexus which aims to bridge the gap between TRDFI and DeFi But
it didn’t stop there Just weeks later on the 17th of June JP Morgan took another huge innovative
step with the announcement of JPMD which is sort of like a stable coin but isn’t Instead it’s a
so-called deposit token with each token serving as a digital representation of a commercial bank
deposit JPMD will be launched on base which is a public blockchain but will be a permissioned token
that’s only available to JP Morgan’s institutional clients And JPMD could actually see significant
institutional adoption And that’s simply because it’ll be available 24/7 and more importantly is
designed to pay interest to holders Intriguingly though the same day that JPMD was announced
the SEC posted a memo confirming a meeting between the regulator and JP Morgan to discuss
capital market activity on public blockchains Let me repeat public blockchains There is a good
chance that tokenized collateral formed a large part of these discussions since this is an area
of interest for multiple regulators Regardless though JP Morgan’s use of private permissioned
blockchains may have certain benefits but they also create their own challenges especially around
integration which public chains can easily resolve And of course it’s not just JP Morgan Making
similar moves is another major American bank and that is well Bank of America At the end of
February this year Bank of America’s CEO Brian Moahan said it was looking at launching its own
stable coin so long as comprehensive stable coin regulations were passed in the US first In fact
in May this year BOA reportedly held talks with other mega banks namely JP Morgan Cityroup and
Wells Fargo to discuss the launch of a joint stable coin Elsewhere City Bank’s parent company
Cityroup teamed up with Switzerland’s six digital exchange to tokenize latestage private shares
in an effort to make the private market sector more efficient The initiative will leverage SDX’s
blockchainbased central securities depository or CSD to handle transactions of tokenized assets The
platform is set to launch by Q3 of this year and notably Croup was one of the first major financial
institutions to show signs of confidence in asset tokenization Way back in the mists of time in
September 2023 the firm introduced a private permissioned blockchain called City token Services
offering crossber payments liquidity and automated trade finance solutions to institutional clients
And early last year Cityroup collaborated with AVA Labs other traditional financial institutions
and digital asset companies to complete a proof of concept for tokenizing private equity funds
This simulation involved dummy tokens with no real world value and was done on Evergreen
Spruce a permissioned subnet on Avalanche In any case the fact that mega banks are getting
involved with RWAs should not be overlooked Some analysts predict that financial institutions will
drive the tokenized RWA market past $30 trillion by 2030 which is insanely bullish for both the
RWA narrative and the broader crypto ecosystem Now another cohort considering the use of RWAs
are web 2 companies which seem to be slowly transitioning into web 3 The standout here is Meta
which is now reexploring stable coins again which will certainly be interesting given its previous
history with the technology As most of you will probably know Meta announced its first blockchain
initiative in 2019 called Libra a stable coin backed by a range of different fiat currencies
Libra was later rebranded to DM but was abandoned in early 2022 due to regulatory scrutiny Some
of Meta’s team then went on to create projects like Aptos and Sooie but Meta itself has had
no crypto involvement since NFTts on Instagram notwithstanding Well Meta is now reportedly
exploring the integration of stable coins into its platforms Only this time it’ll most likely
be more established stable coins like Tether’s USDT or Circle USDC that are harnessed Some
sources have even suggested that Meta could take a multi-token approach But while Meta might be
the most notable web 2 company adopting tokenized assets it isn’t the only one In June this year
the Wall Street Journal reported that Walmart and Amazon are both considering launching their
own stable coins This would help these companies to bypass the traditional payment system saving
them billions of dollars in banking fees each year And according to that same report there’s also a
broad range of other large companies considering stable coins too such as Expedia Group and
a number of airline companies It wouldn’t be unreasonable to speculate that almost every major
business could consider doing the same thing in the future if only to save significant money
on fees And on the same day this was reported global e-commerce giant Shopify announced plans to
introduce USDC payments later this year through a partnership with Coinbase Obviously the underlying
blockchain for this initiative is Coinbase’s own layer 2 base And while the full rollout
will happen at a later date a select group of merchants already have access to the feature
as part of the early launch Regardless the entry of web 2 companies into the stable coin space is
set to be a major catalyst that could potentially unlock trillions in value by 2030 Take a second
to consider that US Treasury Secretary Scott Bessant has suggested that the stable coin market
alone could grow to $3.7 trillion by the end of the decade But let’s go back from Silicon Valley
to Wall Street While many Wall Street firms have already taken significant steps towards crypto
many firms are also zoning in on the benefits of tokenized RWAs particularly asset managers One
such firm is Fidelity which is joining the ranks of other investment firms such as Black Rockck
and Franklin Templeton to offer tokenized assets In May this year Fidelity filed with the SEC to
launch a tokenized onchain version of its Fidelity Treasury Digital Fund on Ethereum Another Wall
Street giant to tap into tokenized RWAS meanwhile is the Depository Trust and Clearing Corporation
or DTCC the world’s largest security settlement system In early April the DTCC announced that
it would be launching a blockchainbased platform called Appchain which was designed for tokenized
collateral management Now the reason for the DTCC’s decision to tokenize collateral is simple
In financial markets collateral is a fundamental part of risk management But the traditional
methods in place are inefficient and can lead to delayed settlements Naturally then using
a non-chain alternative will allow for smart contract automation and transfers can happen in
real time Another mega company moving further towards tokenized assets is Galaxy Digital which
was listed on the NASDAQ in May The very same day the company’s stock was listed and began trading
Galaxy revealed that it had been working with the SEC to tokenize its shares And these tokenized
shares can then be used in DeFi applications for things such as borrowing or lending Now notably
Galaxy has plans to create tokenized onchain versions of all kinds of assets from stocks and
fixed income to ETFs And it arguably couldn’t have come at a better time considering that Galaxy has
had a bit of a rough ride so far It ended Q1 of 2025 with a loss of $295 million But there’s
little doubt that this loss can be recovered and then some through the trading of tokenized
RWAS Now there’s one more sector that has taken substantial steps towards tokenized RWA and that
is real estate In fact during our research we couldn’t help but notice that when it comes to
tokenized RWA it’s the real estate sector that seems to be making the quickest moves And it’s not
hard to see why Some have predicted that tokenized real estate alone could reach $4 trillion by 2035
For perspective that’s higher than the current market cap of the entire crypto sector Now one
example of this is with securities dealer Ori Capital Back in March this year Ori launched
a regulated real estate platform in Canada providing investors with fractional shares of a
156 unit multi-residential property development Notably these shares were made available on the
Polymesh blockchain which was purpose-built for RWAS Meanwhile Vera Capital a subsidiary of Vera
Group which runs a real estate agency announced at the end of April that it had partnered
with Block Square an RWA platform on Ethereum Basically a marketplace is set to launch that
will allow Block Square to offer tokenized shares in dozens of high-v valueue properties owned
by Vera with more properties being offered in the future And according to Vera the overall
value of these properties is over $1 billion Then a few weeks later in May Patel Real Estate
Holdings launched a $100 million tokenization fund with the goal of providing accredited investors
with access to institutional-grade investment opportunities The company said that tokenization
helps to alleviate many of the constraints faced by investors particularly around transparency and
liquidity And there have also been significant steps towards tokenized real estate right here
in Dubai Back in March the Dubai Land Department or DLD announced that it had begun its trial
of tokenizing real estate Notably the DLD is a government entity that manages Dubai real
estate In May the DLD worked with the Central Bank of the United Arab Emirates and the Dubai
Future Foundation to launch the first tokenized real estate platform in the Middle East and North
Africa region The platform in question is called Pryco Mint and it was launched on the XRP ledger
blockchain Cryptoco Mint allows investors to gain fractional ownership of real estate properties in
Dubai with each token representing one share of a property And to say they’ve gained traction would
be an understatement According to Pripco Mint’s website their second property listing sold out of
all shares in just under 2 minutes And towards the end of May Balcony a blockchainbacked land record
management firm announced it would be tokenizing the deeds of 370,000 properties in New Jersey
These assets are set to be tokenized on Avalanche and have a total value of around $240 billion
Notably Avalanche said that quote “This is the largest blockchain deed initiative in US history.”
Balcony said that by tokenizing the deeds to these properties they can cut processing times down by
more than 90% while reducing risks around fraud admin errors and more The company said that it
also plans to expand beyond New Jersey in the future So then by now you can hopefully see that
the RWA narrative is about to blow up To refresh your memory crypto exchanges are now looking to
offer tokenized stocks on their platforms while mega banks are tokenizing their treasuries and
are exploring stable coins as are web 2 companies Meanwhile Wall Street is tokenizing funds and
collateral while tokenized real estate is quickly blowing up too And keep in mind that everything
we’ve discussed today has happened in 2025 Put differently there’s been a hell of a lot
of progress in the RWA niche in just a matter of months which begs the question of what’s next
for RWA and the broader crypto market Well if it wasn’t already obvious RWAS could easily become
one of the biggest winners of this cycle Once the possibilities of tokenized RWA are realized
companies from sectors all over the world will be racing to add assets of their own onchain And
this will create a positive feedback loop wherein the success of one company will inspire others
to follow in its footsteps Of course this will be insanely bullish for the cryptos that support
these assets And from what we’ve covered today some of those cryptos that could benefit include
Ethereum Salana XRP and Avalanche But of course there are others Another unsung hero that could
see significant RWA adoption is Polygon which has emerged as a leading blockchain for DeFi protocols
to leverage for RWA integration And take a second to also consider that some blockchains are
purpose-built for tokenized assets such as OnoChain or the XDC network It’s easy to imagine
that some of the biggest institutions could opt to use these blockchains since their architecture
is specifically designed to offer them everything they need right out of the box What this means
though is that there are a whole range of cryptos that could benefit as the RWA narrative explodes
Naturally this means that the broader crypto market could see some serious waves of capital as
more institutions and businesses begin exploring the many options available to them That’s why
we’re super excited about what the RWA narrative means for crypto And if you want to see which RWA
cryptos we think could benefit the most then good news You can find out by checking out the video
right over here Okay If you enjoyed today’s video then show those like and subscribe buttons
a bit of love And if you want to learn more about what Wall Street’s involvement means for
crypto then check out the video right over here And if you want to see which DeFi crypto should be
on your radar then check out the video right here Okay thank you all so much for watching and I’ll
see you in the next one This is Guy signing off
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