Nine tokenized RWA projects raising institutional capital
Nine tokenized real‑world asset projects have raised or are raising hundreds of millions as combined on‑chain RWA AUM and loan volume top $21 billion.
Nine tokenized real‑world‑asset projects are in active fundraising, securing hundreds of millions of dollars from institutional and accredited investors in 2026. Combined assets under management and active loan volume across tokenized RWA platforms have crossed $21 billion.
BlackRock’s BUIDL holds more than $3 billion in AUM and distributes a daily USDC yield of about 4.8%–5.0% from short‑term U.S. Treasury securities. The product operates with institutional KYC, uses Coinbase custody and Securitize as transfer agent, and BlackRock has filed to add tokenized money‑market structures aimed at stablecoin issuers.
Franklin Templeton’s BENJI has more than $2 billion in AUM and runs across eight blockchains. The fund distributes 4.5%–4.8% APY from government securities, and the firm is expanding chain coverage and distribution in emerging‑market corridors.
Ondo Finance’s USDY has over $1 billion in supply. USDY is a yield‑bearing token backed by Treasuries that accrues about 4.8% APY and can be used in DeFi. Ondo raised more than $100 million to build Ondo Chain, an institutional settlement chain to support wider USDY use.
Bridge, acquired by Stripe in February 2025 for $1.1 billion, provides an Open Issuance stablecoin API and reserve management that has delivered roughly 3%–4% yield to issuers through partnerships with major asset managers. Bridge is scaling issuer infrastructure to meet regulatory requirements and to integrate with merchant and payment networks.
Centrifuge issues asset‑backed pools collateralized by trade receivables, freight invoices and commercial mortgages. The protocol offers senior tranche yields in the 6%–10% range and junior tranche yields up to about 14%. Centrifuge is expanding originator partnerships in Europe, Southeast Asia and Latin America and maintains pools that allow retail entry with KYC.
Goldfinch rebuilt its borrower network after 2022 credit losses and now covers lending across more than 20 countries. Its Senior Pool yields about 10%–14% and backer positions that take first‑loss exposure can return up to 17% APY. Access requires KYC and a UID NFT for some products.
Huma Finance raised a $38 million Series B in 2025 and offers self‑liquidating receivables credit, with returns in the 10%–15% range. The firm is scaling PayFi payment‑to‑credit pipelines for small and medium enterprises in high‑remittance corridors.
RealT issues ERC‑20 tokens representing fractional ownership of U.S. rental properties. Token holders receive monthly rental income in stablecoins. Secondary trading on the platform starts at about $50 per token and requires KYC only; RealT is expanding property acquisitions and secondary‑market liquidity.
Maple Finance runs institutional corporate lending pools under a Pool Delegate underwriting model. Its Cash Management pools offer roughly 9%–12% APY and High‑Yield pools about 13%–15% APY, with 30–90 day redemption terms. Maple is working to onboard traditional credit fund managers as on‑chain underwriters.
Investor access varies by project: some require institutional or accredited KYC and whitelisted addresses, while others permit retail entry with only KYC. The companies fundraising have stated use of proceeds that include building settlement and custody infrastructure, widening distribution across chains and jurisdictions, increasing originator pipelines for asset‑backed pools and improving secondary‑market depth.








