RWA

On Dec. 17, DTCC outlined plans to tokenize a portion of U.S. Treasury securities held at its Depository Trust Company on the Canton Network. Over the past week, Canton Coin rose about 27%, while Bitcoin and Ether slipped around 0.5% and Solana fell roughly 3.3%, according to CoinGecko. The announcement underscores growing institutional momentum behind tokenized real-world assets.

The Asia Web3 Alliance Japan and Web3 Salon have launched the JFIIP accelerator with Ripple Labs and several major Japanese financial institutions to support compliant finance projects on the XRP Ledger. The program offers Japanese startups a grant of about $10,000 and prioritized access to Ripple's broader grant pool, with a strong focus on real-world banking and tokenization use cases.

Solana reached an all-time high of 409 million staked SOL, according to Blockworks, strengthening security while raising decentralization questions. The Solana Foundation cut delegated SOL from 85 million to 23 million, and validator count fell 68% from 2,500 to 800. RWA holders surpassed 115K, yet Q4 2025 net flows were $216 million versus over $1 billion for BNB Chain and Ethereum.

By the 24th of December 2025, data showed total stablecoin supply climbing to around $309–310 billion, with USDT alone reaching a $187 billion all‑time high. Capital largely stayed in stablecoins and tokenized assets, signaling a preference for liquidity and yield while broader risk appetite remained cautious amid evolving macro and regulatory debates.

Kraken Head of Consumer Mark Greenberg told CNBC on Wednesday that blockchain-based tokenization is pushing the concept of money beyond fiat, allowing people to save, trade, and spend in a wide range of tokenized assets. He noted that Kraken's tokenized stock product has drawn more than 80,000 wallets and around $14 billion in volume since launching in the second quarter of this year, while on-chain real-world assets have reached nearly $415 billion.

In August 2025, Ethereum (ETH) exceeded its 2021 peak, touching $4,945 and a $600 billion market capitalization. Institutional flows dominate this cycle: reserves on centralized exchanges fell to 10.5% by December 21, more than 35.6 million ETH are staked, and Exchange Traded Products attracted about $12.7 billion in 2025.

Alfa-Bank launched a fuel-linked digital financial asset, with purchases open from December 23 to 26 in Moscow and the Moscow Region. The token's nominal value is 6,650 rubles and offers a 20% fixed annual yield, maturing between March 1 and 15 next year with a choice of cash plus interest or a 100-liter fuel voucher.

On December 24, 2025, Circle announced a digital metals expansion that lets customers swap USDC for tokenized gold (GLDC) and silver (SILC) at live market prices. The service cites COMEX-linked liquidity, on-chain settlement, and 24/7 availability, aiming to integrate precious metal exposure into public blockchains for institutional and developer use.

Ondo Finance plans to expand its Global Markets product to Solana in early 2026, offering tokenized US stocks and ETFs that are backed by securities held with US-registered broker-dealers. The structure is designed so that holders receive economic exposure, including dividend effects, while compliance is enforced via Solana Token Extensions such as Transfer Hooks. Minting and redemption are expected to run 24 hours a day, five days a week, with transfers and trading available around the clock on Solana.

XRP, the fifth largest crypto asset by market capitalization, has slipped below $2 during a broader correction, yet analyst Sam Daodu argues five key drivers could push it to $5 by 2026. His outlook hinges on strong spot XRP ETF inflows, expanding use of Ripple’s RLUSD stablecoin in Japan, growing tokenization on the XRP Ledger, supportive Federal Reserve rate policy, and reduced exchange balances. XRP recently traded near $1.88, almost 50% under its July all‑time high.