May 20, 2026, latest data content:

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ONDO: The absolute leader in tokenized stocks

· TVL: Total value of tokenized stocks approximately $963 million (Ondo accounts for about 63%), the entire sector has surged to $1.5 billion, with a single-day trading volume hitting a record high of $3.57 billion
· Market share: Ondo holds about 63% of the tokenized stocks sector, combined with xStocks (about 26%) totaling over 89%, forming a duopoly pattern
· Market validation: JP Morgan, Mastercard, and Ripple recently completed cross-bank tokenized US debt redemption pilot, traditional finance is accelerating its entry

LINK: DTCC chooses Chainlink as the infrastructure layer ✅ completely accurate

· Partnership: On May 12, 2026, the world's largest securities settlement system DTCC announced integration of Chainlink into its collateral application chain, planned to go live in Q4 2026, enabling 24/7 automated collateral management
· Function coverage: full process automation including eligibility checks, valuation updates, margin transfers, collateral optimization, and settlement coordination

BUIDL: BlackRock launches new tokenized fund structure ✅ completely accurate

· New fund: On May 12, 2026, BlackRock submitted a new tokenized fund structure application to the SEC, again choosing Securitize for on-chain infrastructure
· First BUIDL: The first tokenized fund launched in 2024 has reached approximately $2.3 billion in size, validating the feasibility of bringing traditional assets on-chain with solid performance

SKY: Basin liquidity network offers $1 billion instant redemption ✅ completely accurate

· Grove Basin: Grove launched a liquidity network called Basin, initially providing up to $1 billion in stablecoin liquidity daily, supporting instant redemptions for BlackRock BUIDL and Janus Henderson Anemoy Treasury Bond Funds, among others
· Pain point solution: directly addresses core weaknesses in settlement friction and redemption delays in tokenized financial markets, with the current tokenized US debt market size around $15 billion

CFG: Centrifuge receives strategic investment from Coinbase ✅

· Partnership: On May 5, 2026, Coinbase designated Centrifuge as the preferred tokenized infrastructure platform on the Base network and made a seven-figure strategic investment
· Product deployment: Launched the first compliant on-chain S&P 500 index fund on Base, supporting 24/7 on-chain trading, with plans to expand to ETFs, credit funds, and structured products on RWA

SYRUP: Maple Finance data needs verification

· Verification: As of Q1 2026, Maple’s asset management scale is about $3.8 billion, with a record high revenue of $2.57 million in January, and an annualized run rate of about $30.8 million. The figures of $4.66 billion and $651,000 listed by you differ from public data, possibly due to differences in statistical scope or timing.
· Sector positioning: The current total size of the on-chain RWA tokenization market is about $28.56 billion, with only about 8.6% (roughly $2.47 billion) being active TVL, private credit being the only exception — which aligns perfectly with Maple’s credit sector positioning

CC: 21Shares launches the first U.S. Canton Network ETF ✅

· ETF: On May 7, 2026, 21Shares launched the first U.S. Canton Network ETF (ticker TCAN) on NASDAQ, with a fee rate of 0.50%, providing investors with a regulated investment channel for Canton Coin
· Network ecosystem: Canton Network’s daily repurchase trading volume exceeds $350 billion, supported by top global institutions including Goldman Sachs, Microsoft, Deutsche Bank, and Visa

Industry overview

RWA market statistics, with data across different dimensions:

| Indicator | Data | Description |
|---|---|---|
| Total on-chain RWA tokenized market cap | About $28.56 billion | According to DefiLlama, as of May 2026 |
| Total on-chain RWA market cap (The Block) | Over $65 billion | Up 44% from about $45 billion at the start of the year |
| Tokenized US debt market size | About $15 billion | Main service target of Basin liquidity network |
| Total RWA holders | About 785.7k | Monthly growth of about 6.75% |

Meanwhile, top global institutions like DTCC, BlackRock, Coinbase are not only fully involved but also accelerating deployment — since 2026, the on-chain RWA market cap has grown by about 44%, and the sector is undergoing a critical transformation from "concept validation" to "institutional standard." #Polymarket每日热点