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 ($1.9B) $ENA : synthetic dollar / T-bill backing ($2.5B) $PENDLE : tokenized yield ($305M) $PLUME : RWA L1 ($104M) $USUAL : T-bill-backed stablecoin (~$20M) $BKN : tokenization infra ($8.6M) 🔸 Private Credit $SYRUP : institutional loans ($184M) $CFG : structured credit ($54M) $CPOOL : borrower pools ($27M) $HUMA : decentralized payfi ($49M) $GFI : emerging-market credit ($3.5M) 🔸 Commodities (Gold & Silver) $XAUT : gold ($3.2B) $PAXG : gold ($1.75B) $KAU : gold ($351M) $KAG : silver ($182M) $XAUM : gold ($68M) 🔸 Tokenized Real Estate $PRO : property transactions ($32M) $RIO : tokenized RE + equity ($13.9M) $PROPS : property Marketplace ($2.9M) $PROPC : real estate investment infra ($3.9M) $PRCL : trade price movements of housing markets ($5.4M) The thesis is clear: treasuries and gold dominate today, credit is scaling, real estate is still early. Retweeted by @pendle_fi from @ourcryptotalk