⛰️ RWA Reaches The Summit

RWA World Newsletter - Sept 19, 2025

Author

Ray Buckton
September 19, 2025

After an excellent RWA Summit in Brooklyn, Ray Buckton, Head of Research at RWA World, is more bullish on tokenization than ever. 😤

With RWA surpassing $30 billion, who wouldn’t be? 💪

🎯🔥 Rapid Fire Takeaways:

Things are feeling surreal with Figure sitting on a $5.3 billion valuation and Nasdaq filing with the SEC for equity tokenization. Maybe the latter should call Fairmint – with 7 years of experience in equity tokenization, their talk at the RWA Summit was insightful. 🧠

Hear why we're so bullish live on Thursday at 2 pm EDT on Wolf Crypto. Email or message us on X if you’d like to be part of the panel. 🐺

🏛️ Govs, Regs, and Associations

The SEC’s crypto task force met with SIFMA as the SEC Chair says “crypto’s time has come,” and a former Fed official thinks stablecoins can lower bank run risks. All while the Commerce Department brings economic data onchain and NY regulators want blockchain to combat financial fraud. As the GENIUS Act and MiCA signal transatlantic regulation, the US and UK cooperate more deeply on crypto. 🌊

The London Stock Exchange launched a DLT for private funds, as the BoE called the recently proposed stablecoin limits unworkable, and industry groups urged more accommodation for digital assets. Socios Europe secured its MiCA license, and the Swiss Bankers Association confirmed a legally binding blockchain transaction between major banks. 🏛️

📰 Tokenization Development

As we say each week, money makes the world go ‘round. No different this week, as we saw some nice funding, including a 10-figure deal: 

There’s also a ton of collaboration going on in the industry, with no shortage of innovative angles and initiatives: 

These sorts of developments will only accelerate from here. Soon, we’ll need a live feed for all the exciting happenings in our industry. 💻

👛 Stablecoins

Second-generation stablecoins are already creating new utilities, such as Bitget’s Earn program and its 10% APY on USDC. As the network effect accelerates, we’ll keep seeing data like Polygon boosting its capacity by 33%. New stablecoin infrastructure is also becoming more common. MoneyGram is making stablecoins a focus, QRQO debuted in Abu Dhabi with $370 AUM, and K Bank is proving the remittance potential of the asset class. 🔨

It’s not all sunshine and rainbows, though. Soon, stablecoin issuers may be regulated like banks in the UK. Israel also linked crypto wallets to $1.5 billion in funding in Iran, and Yala’s YU stablecoin has lost its peg. At least Australia may ease its rules on stablecoin intermediaries. 🦘

🆕 New Platforms, Programs, Tools, and Integrations

The term “composability” is often thrown around in DeFi and onchain finance. At its core, it means “things onchain being able to work together easily.” Thankfully, it’s top of mind for many companies in the form of integrations: 

There’s also a flood of new products and initiatives hitting the market that will no doubt bring their own levels of composability to the party:

As these companies peel the cellophane off their new initiatives and integrations, the market will continue to heat up. 🔥

🌐 RWA Sectors & Ecosystems

Speaking on infrastructure, the Ethereum Foundation unveiled its privacy roadmap. Bullish is eyeing a US launch after securing a New York BitLicense. Solana is also having its day in the sun, with Helius launching a $500 million Solana treasury strategy and Forward Industries planning to deploy funds into Solana DeFi protocols. ♟️

BlackRock may tokenize its big-ticket funds, as DigitFT, Chainlink, and UBS are already automating their tokenized fund operations. WisdomTree launched its tokenized fund on Ethereum and Stellar, as Standard Chartered launched a $250 million digital asset fund of its own, while also working with QNB Group and CMZ Finance on a tokenized money market fund out of Dubai. As Credit Saison launched a digital asset tech fund, Spiko’s EU T-Bill money market fund hit $300 AUM, and Injectives RWA perpetual trading volume soared to $1.68 billion. 📈

On the private credit front, Apollo’s $50 million tokeized credit strategy is coming onchain while Maple Finance rocketed past $4 billion AUM, passing BlackRock’s BUIDL1. In real estate, Linkhome launched a platform for purchasing US real estate with crypto, and RealT continues to redefine the industry. 🏘️

Barrels recently launched a MiCA-compliant oil-backed token, while Uranium.io is bringing pricing transparency to the essential element. Tokenized gold continiues to lead the commodity sector, with Streamex signing an LoI for tokenized gold ETFs. With Nature’s Miracle putting $20 million worth of carbon onchain, the net footprint of it all is becoming more neutral. ♻️

🧠 Remember, Remember, RWA September 

After the recent RWA Summit and all the excitement surrounding tokenized stocks, it’s becoming obvious to everyone that RWA is the future.

Listening to Fairmint CEO Joris Delanoue’s panel on native onchain issuance and DeFi composability has me hitting new levels of bullishness.

Here’s to an excellent weekend ahead, and another great week for RWA in our future.