Tokenized RWA Landscape 2026

The on-chain real-world asset market, mapped by category. Each project + its #1 tokenized asset 👇
🔸 RWA Yield & Infrastructure
$ONDO — tokenized US Treasuries ($2.1B)
$ENA — synthetic dollar / T-bill backing ($815M)
$PENDLE — tokenized yield ($250M)
$PLUME — RWA L1 ($65M)
$USUAL — T-bill-backed stablecoin (~$18M)
$BKN — tokenization infra ($6.8M)
🔸 Private Credit
$SYRUP — institutional loans ($170M)
$CFG — structured credit ($135M)
$CPOOL — borrower pools ($25M)
$TRU — uncollateralized lending ($25M)
$GFI — emerging-market credit ($6M)
🔸 Commodities (Gold & Silver)
$XAUT — gold ($2.5B)
$PAXG — gold ($2B)
$KAU — gold ($550M)
$KAG — silver ($260M)
$XAUM — gold ($50M)
🔸 Tokenized Real Estate
$PRO — property transactions ($33M)
$RIO — tokenized RE + equity ($4.3M)
$PROPS — property Marketplace ($2.1M)
$BST — RE tokenization infra ($1M)
The thesis is clear: treasuries and gold dominate today, credit is scaling, real estate is still early.
Which one are you most bullish on? 👇