rawer research
Rawer Research is independent, source-cited analysis of real-world asset tokenization — the markets, infrastructure and institutions behind it. Every report names its author, shows publication and update dates, and links its evidence.
market analysis · 15 Sept 2026
Where tokenized treasuries, private credit and tokenized funds are likely to grow next, which institutions are building the rails, and which structural constraints still bind.
by Mika Okabe · 14 min
updated
infrastructure · 02 Sept 2026
A map of the asset managers, transfer agents, custodians and chains that institutional tokenization programs actually rely on.
by Rosa Delgado · 10 min
stablecoins · 20 Aug 2026
Two forms of on-chain money with different issuers, balance-sheet treatment and redemption guarantees.
by Elias Haroun · 9 min
tokenized treasuries · 05 Aug 2026
From wrapped money-market fund shares to collateral-grade instruments used across on-chain markets.
by Mika Okabe · 8 min
tokenized treasuries · 06 Mar 2025
We traced 14 issuance rails across 9 jurisdictions. Six still park reserves off-chain. Here is where the trust actually lives.
by Elias Haroun · 12 min
updated
tokenization · 28 Feb 2025
The chain settles the token. The custodian settles the promise. We map the four custody patterns now in production.
by Rosa Delgado · 9 min
updated
private credit · 19 Feb 2025
Where risk-free short duration meets stablecoin float, spreads compress and distribution becomes the only moat.
by Mika Okabe · 7 min
updated