Solana Nears $1B in Tokenized Real-World Assets
The market for tokenized real-world assets (RWAs) on Solana is approaching $1 billion, signaling a shift toward more regulated financial products beyond memecoins. Furthering this trend, Remora Markets launched five tokenized precious metals ETFs on the network, enabling 24/7 trading against USDC. This growth highlights the development of what some are calling "Internet Capital Markets" on the Solana blockchain.
- By February 23rd, 2026, the value of tokenized real-world assets on Solana reached approximately $1.7 billion, a 46% increase in just one month. This growth significantly outpaced the broader RWA sector, which grew by 7% in the same period. - Over 90% of the non-stablecoin RWA value on Solana is concentrated in yield-bearing instruments, particularly tokenized U.S. Treasuries, which account for about 49% of the total, or $833 million. - Major financial institutions like BlackRock, Apollo Global, and VanEck are issuing tokenized funds on Solana, signaling growing institutional confidence in the network's ability to handle regulated financial products. - The growth in RWAs is partly fueled by cross-chain liquidity rotation from Ethereum, with Solana capturing approximately $0.54 billion, about a third of the sector's net increase. - Remora Markets, formerly Moose Capital, has expanded beyond tokenized stocks to launch five tokenized precious metals—gold, silver, platinum, palladium, and copper—on Solana. - The high-throughput and low transaction costs of the Solana network, which can process over 65,000 transactions per second for a fraction of a cent, make it a suitable platform for the high-frequency trading and settlement of tokenized assets. - Projects are diversifying the types of RWAs on Solana beyond financial instruments to include assets like rare wines and spirits (Baxus), agricultural commodities (AgriDex), and private credit (Credix Finance). - The recent launch of a bridge for Wrapped Bitcoin (WBTC) to Solana via Hyperlane's Nexus is expected to bring significant Bitcoin liquidity into the Solana DeFi ecosystem, further fueling the growth of tokenized assets.
