Real-World Asset Tokenization Trends
Exploring on-chain traditional securities, yield-bearing debt, and cross-chain financial infrastructure.
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Oct 25, 2026
Oct 23, 2026
Oct 16, 2026
Oct 12, 2026
- Michael Weisz Michael Weisz is betting Kamino can fuse fintech’s usable front end with crypto’s new-rails backend. Fintech rebuilt interfaces while leaving 1970s–80s rails intact; crypto emphasized backend systems and new rails but neglected usability. He …
- Kamino wants to be embedded infrastructure for turning tokenized assets into productive collateral, not another consumer destination. The goal is to let holders borrow or earn against assets that otherwise “just sit idle,” while brokerages, exchanges, wealth managers, and …
- The proposed flywheel is better assets, broader distribution, and deeper lending liquidity inside Kamino. Weisz targets a $50 trillion market and expects interest spread or a share of net interest income to remain the principal revenue source. At …
- Kamino currently has one of the four capabilities Weisz believes it needs to scale: credit and liquidity. The other modules are a seamless user journey, regulation and compliance, and an orchestrated asset-manager lifecycle covering tokenization, …
- The earliest scalable collateral should be diversified, cash-generating assets with transparent valuations—not venture funds. Weisz ruled out venture-fund lending within the next six months because quarterly NAVs and volatility frustrate reliable liquidation. He …
- Quality asset managers will only tokenize meaningful volume if on-chain form creates immediate utility. Weisz’s 2021 conclusion was blunt: “Tokenization is cool, but it doesn’t do anything for me” without credit and liquidity. Kamino may …
Oct 9, 2026
Oct 7, 2026
Oct 1, 2026
- Armani Ferrante Armani Ferrante sees tokenized equities as the opening wedge for moving the entire economy onto blockchain rails. Stablecoins supplied the dollars, scalable chains supplied the infrastructure, and regulation is now beginning to connect those rails to …
- Backpack Securities is designed to combine a freely transferable token with one-to-one backing by and redemption for an actual share. Unlike cash-settled wrappers, every token requires a real share to be purchased and can move between traditional brokerages and Solana. That …
- Ferrante treats regulation as product infrastructure rather than a compliance badge. He says Backpack probably lost $100 million to $200 million in foregone profit last year by blocking prohibited users instead of allowing …
- Tokenizing the back end may matter as much as putting tradable shares into DeFi. Brokerages currently maintain multiple intermediaries, ledgers, margin accounts, and millions of dollars of idle bank cash to accommodate …
- Backpack’s competitive thesis is a last-mover advantage built from avoiding incumbents’ technical and compliance debt. Binance, Coinbase, Robinhood, Kraken, and Backpack may each anchor different tokenized-asset ecosystems, with Backpack concentrating on …
Sep 28, 2026
- Bryan Pellegrino LayerZero has graduated from crypto-native bridge infrastructure into connective tissue for institutional finance. Bryan Pellegrino says roughly $150 billion of assets sit on the protocol, lifetime transfers have crossed $300 billion, and monthly movement …
- The multi-chain thesis survives, but Pellegrino now expects consolidation toward perhaps five to 30 general environments rather than 5,000. Specialized systems can outperform general-purpose chains, yet assets must move among them seamlessly. LayerZero’s larger commercial bet is …
- Institutional adoption is beyond the conversational proof-of-concept stage, though production timing still depends on regulation. Announced partners include DTCC, ICE, and Citadel; Pellegrino says four or five of the world’s largest exchanges are active in production or …
- Faster cross-chain experiences do not eliminate finality risk; they can transfer it to someone willing to price it. Pellegrino recalls Polygon reorgs exceeding 200 blocks, ZK chains rolling back hundreds of thousands of blocks, and a Cronos incident that …
- Pellegrino expects tokenization to disappear into ordinary financial plumbing rather than remain a visible crypto niche. He cites more than 500 million international stablecoin users, roughly $300 billion outstanding, 60x stablecoin growth and 2,000x RWA growth …
