#Gate广场五月交易分享 #RWA

RWA (Real World Asset Tokenization) is recognized as the safe haven for the 2026 bull market. Unlike air coins, RWA is backed by solid US bonds, real estate, or private credit, making it the preferred bridge for Wall Street giants like BlackRock and Goldman Sachs to enter cryptocurrency.

In the RWA track, we need to look for projects with high compliance, strong institutional backing, and a continuously growing protocol lock-up volume (TVL). Below are the analyses of the most promising potential stocks worth paying attention to now.

1. ONDO (Ondo Finance) — The flagship of the RWA track

• Status: Currently the undisputed leader in the RWA field.

• Core logic: Ondo’s main products bring US bond yields onto the chain (such as USDY, OUSG). It has a very close relationship with BlackRock, with most underlying assets directly managed within BlackRock’s BUIDL fund.

• Reasons to buy:

• Compliance first: The team’s background mainly from Goldman Sachs and Bridgewater, with industry-leading compliance processes.

• Excellent liquidity: The top choice for large institutional funds and also an indicator of market sentiment in the RWA track.

• Operational suggestion: Suitable as the core holding for RWA allocation. As long as BlackRock takes action in crypto, ONDO will inevitably benefit.

2. OM (Mantra) — A high-performance public chain dedicated to vertical RWA

• Status: A Layer 1 public chain designed specifically for RWA.

• Core logic: Many RWA projects are just applications on Ethereum, but Mantra is a complete chain. It solves the biggest pain point of RWA — regulatory compliance (KYC/AML) built into the protocol layer.

• Reasons to buy:

• Mainnet explosion period: 2026 will be the year of ecosystem application explosion for Mantra, especially with deep cooperation with governments and sovereign funds in Dubai and other Middle Eastern regions.

• High staking rewards: OM’s staking mechanism is very mature, allowing holders to share the dividends of ecosystem growth.

• Operational suggestion: Suitable for investors optimistic about the infrastructure logic exclusive to RWA.

3. PENDLE (Pendle Finance) — The arbitrage tool for interest rate markets

• Status: Decentralized yield trading protocol.

• Core logic: Although Pendle also belongs to DeFi, it is irreplaceable in managing yields of RWA assets. It can split the principal and interest of RWA assets (such as US bond tokens) for trading.

• Reasons to buy:

• Essential tool: When institutions hold hundreds of millions of dollars in RWA assets, they urgently need tools like Pendle to hedge interest rate fluctuations or lock in yields early.

• Wide track span: It spans RWA, LRT (re-staking), and DeFi, three hot sectors.

• Operational suggestion: Its token mechanism design (vePENDLE) is sophisticated, suitable for medium- to long-term holding to gain premiums.

4. CFG (Centrifuge) — Pioneer of on-chain private credit

• Status: One of the earliest projects to tokenize real debt (such as invoices, mortgages).

• Core logic: It acts as a bridge connecting traditional enterprise financing with DeFi liquidity. Major stablecoin protocols like MakerDAO have been using Centrifuge to invest their reserve assets into real-world credit.

• Reasons to buy:

• Valuation low ground: Compared to the high heat of ONDO, CFG appears more pragmatic, with a relatively low valuation but deep technical accumulation.

• Institutional recognition: As one of the earliest projects to cooperate with Coinbase, it has a solid foundation.

5. CHEX (Chintai) — Institutional-grade asset issuance platform

• Status: Asset tokenization platform under Singapore regulation.

• Core logic: Chintai has obtained a capital markets services license from the Monetary Authority of Singapore (MAS). It mainly helps enterprises issue bonds, funds, etc., on-chain.

• Reasons to buy: In the context of stricter regulation in 2026, licenses are the core competitive advantage. Chintai’s B2B business model is very stable.