RWA issuers

As of Oct 5, 2026, RWA Tracker follows 37 issuers of tokenized real-world assets. The largest is Figure with $24.9B. Issuers are the firms behind each token: asset managers, tokenization platforms and protocols.

RWA issuers ranked by value
#IssuerValueProductsMain asset classLargest product
1Figure$24.9B2Private creditFigure HELOC
2Superstate$1.32B2TreasuriesSuperstate USTB
3Kinesis$756M2GoldKinesis Gold
4Ethena$489M1TreasuriesEthena USDtb
5Centrifuge$333M5Private creditJanus Henderson Anemoy AAA CLO Fund
6RealT$155M1Real estateRealT Tokens
7Theo$139M2StrategiesTheo Network thUSD
8Frax Finance$109M1TreasuriesFrax USD
9Usual$84.7M2TreasuriesUsual USD0
10Sky$74.8M1TreasuriesSky RWA
11Tangible$41.5M2Real estateTangible RWA
12Clearpool$20.9M1TreasuriesClearpool TPOOL
13Solv Protocol$9.90M2BondsSolv RWA
14Anzen Finance$7.69M2Private creditAnzen V2
15Resolv$7.28M1Money market fundsVault Street
16Lista DAO$4.41M1TreasuriesLista RWA
17Zoth$2.20M2BondsZTLN-P
18Solayer$677K1TreasuriesSolayer USD
19GOLDSTATION$641K1CommoditiesGOLDSTATION RWA
20Untangled$152K2Private creditUntangled RWA
21TProtocol$106K2TreasuriesTProtocol V1
22TruYields$11.1K1TreasuriesTruCore
23Polynomial Protocol$51Private equityOpenStock
24Ondo Finance$04TreasuriesOndo USDY
25MatrixDock$03TreasuriesMatrixDock STBT
26OpenEden$04TreasuriesOpenEden TBILL
27Circle$01TreasuriesCircle USYC
28Origyn$01GoldGold DAO
29Joltify Finance$01Private creditJoltify RWA
30Securitize$07TreasuriesBlackRock BUIDL
31Paxos$01GoldPaxos Gold
32Maple Finance$01Private creditMaple RWA
33Asseto Finance$03StrategiesAsseto AoABT
34Tether$01GoldTether Gold
35Spiko$05Money market fundsSpiko Amundi Overnight Swap Fund (EUR)
36Franklin Templeton$01Money market fundsFranklin Templeton BENJI
37WisdomTree$01Money market fundsWisdomTree Prime funds