updated 2026-09-24 08:00 utc
Best RWA Tokenization Platforms in 2026
An evidence-driven comparison of platforms that tokenize real-world assets for third-party issuers, evaluated on seven consistent attributes.
4 tracked programs
index tables
Rankings
Evidence-driven comparison studies, not listicles. Every ranking states what qualifies an entity, the criteria compared, its sources and when it was last updated.
3 published rankings
top rwa categories by tokenized value
| # | Category | Top projects | Tokenized value | 24h | 7d | 30d | Share | Last 7 days |
|---|---|---|---|---|---|---|---|---|
| 1 | Tokenized Treasuries · 4 | BlackRock BUIDL, Ondo Finance, Franklin OnChain Fund | $4.94B | ▲ 0.5% | ▲ 2.3% | ▲ 7.2% | 49.5% | |
| 2 | Commodities · 2 | Tether Gold, Paxos Gold | $2.01B | ▼ 0.6% | ▲ 1.1% | ▲ 3.9% | 20.2% | |
| 3 | Private Credit · 3 | Maple Finance, Centrifuge, Figure | $1.89B | ▲ 0.7% | ▲ 2.7% | ▲ 9.8% | 19.0% | |
| 4 | Infrastructure · 2 | Securitize, Tokeny | $800M | ▲ 0.2% | ▲ 1.3% | ▲ 5.2% | 8.0% | |
| 5 | Tokenized Equities · 1 | Backed Finance | $180M | ▲ 2.6% | ▲ 8.9% | ▲ 22.4% | 1.8% | |
| 6 | Real Estate · 2 | RealT, Lofty | $152M | ▼ 0.1% | ▼ 1.1% | ▲ 1.0% | 1.5% |
demo data
top rwa projects by tokenized value
| # | Project | Category | Chains | Last 7 days | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock BUIDLBUIDL | Tokenized Treasuries | $2.41B | ▲ 0.4% | ▲ 2.1% | ▲ 6.8% | 88 | Ethereum, Solana +1 | |
| 2 | Ondo FinanceUSDY / OUSG | Tokenized Treasuries | $1.36B | ▲ 0.9% | ▲ 3.4% | ▲ 9.2% | 14,820 | Ethereum, Solana | |
| 3 | Tether GoldXAUT | Commodities | $1.12B | ▼ 0.6% | ▲ 1.2% | ▲ 4.1% | 9,310 | Ethereum, Tron | |
| 4 | Maple FinanceSYRUP | Private Credit | $980M | ▲ 1.8% | ▲ 5.6% | ▲ 14.3% | 6,120 | Ethereum, Solana | |
| 5 | Paxos GoldPAXG | Commodities | $890M | ▼ 0.5% | ▲ 0.9% | ▲ 3.7% | 71,240 | Ethereum | |
| 6 | Franklin OnChain FundBENJI | Tokenized Treasuries | $740M | ▲ 0.1% | ▼ 0.8% | ▲ 2.2% | 1,040 | Stellar, Polygon +1 | |
| 7 | Securitize— | Infrastructure | $660M | ▲ 0.3% | ▲ 1.5% | ▲ 5.9% | 3,280 | Ethereum, Polygon +1 | |
| 8 | CentrifugeCFG | Private Credit | $520M | ▼ 1.2% | ▼ 2.7% | ▲ 3.1% | 2,950 | Ethereum, Base +1 | |
| 9 | SuperstateUSTB | Tokenized Treasuries | $430M | ▲ 0.2% | ▲ 4.8% | ▲ 11.6% | 210 | Ethereum, Solana | |
| 10 | Figure— | Private Credit | $390M | ▲ 0.7% | ▲ 2.4% | ▲ 7.5% | 1,760 | Provenance | |
| 11 | Backed FinancexStocks | Tokenized Equities | $180M | ▲ 2.6% | ▲ 8.9% | ▲ 22.4% | 11,890 | Solana, Ethereum | |
| 12 | Tokeny— | Infrastructure | $140M | 0.0% | ▲ 0.6% | ▲ 1.8% | 640 | Ethereum, Polygon | |
| 13 | RealTREALTOKEN | Real Estate | $110M | ▼ 0.3% | ▼ 1.4% | ▲ 0.9% | 5,230 | Gnosis, Ethereum | |
| 14 | Lofty— | Real Estate | $42M | ▲ 0.5% | ▼ 0.4% | ▲ 1.3% | 3,170 | Algorand |
demo data
Ranking philosophy
inclusionEntities qualify only with live products and enough public documentation to be scored on every attribute. No paid placement.
same attributesEvery entity is evaluated on the same attributes — use case, asset types, customer, geography, institutional focus, chains and compliance.
fit, not hypeDifferent platforms suit different use cases; each study says who each entity is best and not ideal for.
methodology firstOrder follows the published criteria, never promotional claims. Every fact links to its source.
Published rankings
updated 2026-09-20 08:00 utc
Leading Tokenized Treasury Platforms
Treasury-backed products compared on structure, redemption and disclosure.
2 tracked programs
updated 2026-09-20 08:00 utc
Top Institutional RWA Infrastructure Providers
Transfer agents, custodians and registries that institutional programs depend on.
3 tracked programs