gm RWAers Friday chain recap this week: @solana RWA on Solana the ATH that dropped this week June 10, 2026 Solana’s distributed RWA value hit $2.7B a new all time high. the ecosystem now spans tokenized treasuries, stablecoin infrastructure, credit markets, and yield generating products Solana Foundation CPO Vibhu Norby speaking at Ukrainian Blockchain Week June 8: “at the beginning of 2025, there were effectively zero RWAs on Solana. now we’re approaching $3B.” that’s 1,500% growth in 18 months 43% quarter over quarter growth in Q1 2026 alone from $2.01B to $2.7B. zero token incentives driving any of it the key metrics as of June 10 $5.024B locked in DeFi. 1.79M active addresses in 24 hours. $1.933B in perps volume. $1.522B DEX volume. $15.1B stablecoin market cap. app fees at $5.25M 97% tokenized equities market share in May 2026 Solana owns the tokenized stock market by holder count. $16.4B stablecoin supply on network. record ETF inflows Few native projects building on solana, institution and small builder combined @OndoFinance — the anchor. USDY crossed $1B supply. OUSG live. Ondo Global Markets expanding tokenized equity distribution globally via Solana rails @xStocksFi — $25B cumulative trading volume. 311K verified holders. 8 of top 10 tokenized stocks by 24h volume are xStocks. 97% market share in tokenized equities by holder count @HastraFi — PRIME a tokenized HELOC product built with Figure launched on Kamino on Solana. $50M TVL reached in 9 days of launch. now live on Pendle @orogoldapp — 1-to 1 gold backed token redeemable to a single gram. physical bullion stored in insured Dubai vaults. 3-4% gold lease yield paid to stakers. DeFi ready collateral on Solana liquidity pools. founder Usman Saleem building what he calls “gold for the 21st century” @Parcl — tokenized real estate price exposure. trade any city’s real estate market like a stock. no property to buy. no landlord responsibilities @ShiftRWA — zero liquidation leveraged positions on tokenized stocks. the most structurally novel product in the Solana RWA ecosystem @Collector_Crypt — $1B in TCG trading volume crossed. tokenized graded trading cards with physical redemption. Pokémon’s 30th anniversary in 2026 pouring fuel on the trade @JurassicFi — $RAWR live. tokenized fossil ownership. Colosseum-backed. the weirdest and most niche RWA asset class in any ecosystem — and it launched here @onrefinance $ONyc — reinsurance receivables. 10.79% APY. yield backed by real insurance cashflows @PreStocks — SPV backed pre-IPO tokens. 22 private companies including OpenAI and Canva. $18.4M in 24h volume at peak @tessera — institutional-grade fractional private equity exposure via regulated proxy instruments the institutional names now active on Solana BlackRock, Paxos, Anchorage Digital, Solstice, Ethena, Maple Finance, ONRE Finance, and Securitize all active across Solana’s RWA landscape bringing custody, credit, asset management, issuance, and infrastructure into the network’s orbit simultaneously Western Union building its stablecoin settlements platform on Solana cross-border payments at Solana speed what’s coming the upgrade that changes many things Alpenglow consensus upgrade — Q3 2026 slashes block finality from seconds to 150ms. an 80x improvement. the most significant consensus change in Solana’s history. when RWA settlement runs at 150ms finality with $0.001 fees, the liquidity argument for every competing chain collapses Solana Developer Platform shipping — streamlined token issuance, payments, and compliance tooling for enterprises building on the network the one sentence that explains Solana’s RWA thesis Ethereum brings the $19B. Solana brings the 1.79M daily users, the 97% tokenized equity market share, the $1B in TCG trading, the fossil tokenization, and the 150ms finality upgrade that makes everything else move faster the long tail of RWA tokenization is building on Solana

gm RWAers Friday chain recap, 1 chain every friday this week: @MANTRA_Chain the breaking news —June 4, 2026 18 hours ago @InveniamIO published its full investment thesis on MANTRA this week releasing a detailed investigation into the April 2025 OM token price crash that wiped $1B in value in a single day  Inveniam’s conclusion: a bad actor centralized exchange enabled a subsidiary to take control of client accounts and execute coordinated manipulation heavy short-selling on perpetual swaps covered by spot positions using client funds. ChainArgos independently corroborated the finding. no MANTRA team member or early investor wallets were involved in any way  this is significant. the crash that damaged MANTRA’s reputation for 14 months just got a named culprit, documented evidence, and an institutional backer putting its credibility behind the finding Inveniam simultaneously reaffirmed its $20M strategic investment in MANTRA stating the partnership is stronger than ever and doubling down on building the RWA ecosystem together in the UAE and globally  what MANTRA actually is for context the first MultiVM L1 blockchain purpose- built for RWAs native EVM and CosmWasm support simultaneously. built on Cosmos SDK. @varadubai licensed VASP from Dubai one of the most comprehensive regulatory wrappers any RWA chain holds January 2026 MANTRA launched mantraUSD a stablecoin backed by short-term US Treasuries as the driving force behind the emerging MANTRA EVM RWA ecosystem  March 3, 2026 $OM completed its 1:4 token redenomination every OM became four MANTRA tokens. total market cap unchanged but tokenomics restructured, liquidity consolidated on native chain, and brand permanently aligned with the RWA thesis  the L2 ecosystem now building on top @NVNM_Chain Chain the first L2 on MANTRA launched Q1 2026. built by Inveniam with an embedded agentic AI framework. working with partners to anchor agentic workflows with Proof of Origin, Proof of State, and Proof of Process onchain in beta  NVNM Chain’s mission: power CRE derivatives globally unlocking trading strategies and liquidity for $27 trillion in private commercial real estate. every physical asset surveilled by AI agents in real time, with zero knowledge proofs of state delivered onchain to DeFi protocols and data marketplaces  Lotus DEX MANTRA’s flagship native DEX live with mantraUSD/USDC as its first liquidity pool. the default onchain liquidity hub for the ecosystem @FluxtraMANTRA vault deposits live, airdrop expected, one of the most active smaller builders on the chain right now the asset classes building on MANTRA Real estate —Inveniam Chain / NVNM $27T private CRE derivatives market as the target Green assets / EV Pyse E-Bike Fleet VARA-regulated. investors earn lease income from commercial EVs operated across UAE and India. $9M in green assets under management. the first regulated RWA product launched on MANTRA Agricultural tokenization — Dimitra partnership cacao tokenization in Brazil, carbon credits in Mexico, sustainable farming finance onchain Commercial real estate derivatives NVNM Chain targeting ADGM as the primary regulated exchange venue mantraUSD Treasury-backed stablecoin as the ecosystem’s liquidity spine the partnerships pulling TVL Inveniam $20M strategic investor. NVNM Chain L2. private market data infrastructure. Abu Dhabi partners connected MAG — $500M real estate deal one of UAE’s largest private developers bringing property assets onchain via MANTRA ZandBank — UAE’s first fully digital bank. regional banking infrastructure partner Dimitra— agricultural RWA across Latin America Novus Airlines — aviation asset exposure via tokenization — billions in underlying assets Thats one minute, see ya next friday

Gm RWAers A little walk through the list of custody Providers Powering RWA Tokenization 🔐 You can issue the asset. You can price it with an oracle. But if custody fails, everything fails. Here's the major custody infrastructure powering RWAs today: US Institutional Heavyweights @Anchorage — The only federally chartered crypto bank in the US. Custodies major tokenized funds including BUIDL and Ondo products. @BitGo — One of crypto's oldest institutional custodians. Known for multi-signature security and broad tokenized asset support. Coinbase Custody — NYDFS-qualified custodian deeply integrated into institutional crypto and tokenized fund infrastructure. @DigitalAssets — Fidelity's institutional custody arm, bringing traditional finance credibility into digital assets. BNY Mellon Digital Assets — The world's largest traditional custodian extending its infrastructure into tokenized assets. @NYDIG — Bitcoin-focused institutional custodian expanding alongside growing RWA adoption. @StateStreet — Traditional custody giant building digital asset capabilities for asset managers. Gemini Custody — Regulated US custodian serving funds, family offices, and tokenized asset issuers. Crypto-Native Infrastructure @FireblocksHQ — The infrastructure layer behind much of institutional tokenization, connecting custodians, issuers, and trading venues. @CopperHQ — Best known for off-exchange settlement and collateral management for institutional trading. @komainu — Nomurabacked custodian focused on regulated institutional digital asset custody. @ledger_business — Institutional-grade hardware security and key management infrastructure. @Cobo_Global — MPC-based custody infrastructure with strong APAC presence and broad asset support. Regional & Bank Backed Leaders @ZodiaCustody — Standard Chartered-backed institutional custodian serving regulated financial institutions. @Hex_Trust — APAC's leading regulated digital asset custodian. TaurusGroup— Custody and tokenization infrastructure powering major European banks. SDX SIX Digital Exchange) — Swiss regulated exchange and custody infrastructure for tokenized securities. @PropineGlobal — Singapore-regulated custody provider serving institutional issuers and investors. Physical Asset Custodians @Brinks — Physical vault provider securing gold backing tokenized commodity products. @Malca_Crypto - Precious metals custody supporting tokenized gold markets. @LoomisInternational— Global storage and logistics provider for commodity-backed RWAs. @DMCCAuthority — Dubai's commodity custody infrastructure powering regional tokenization initiatives. Via Mat International— Swiss precious metals vault operator supporting tokenized commodity products. Most people think RWAs are built by issuers. In reality, the sector runs on four pillars: • Issuers • Custodians • Oracles • Tokens

Top 5 RWA protocols on Ethereum by TVL: >@BlackRock BUIDL — $2.9B · 40% treasury market share >@OndoFinance — $2.5B · OUSG USDY across 9 chains >@maplefinance — $2.1B · 99% repayment rate · 8–12% yield >@SkyEcosystem (MakerDAO) — $2B · RWA collateral backing DAI >Franklin Templeton BENJI — $750M · First SEC-registered on-chain fund. Since 2021. Five protocols. Combined: $10.25B That’s 61% of Ethereum’s entire RWA value in 5 names.

gm RWAers Ethereum just posted the most important three year scorecard in tokenization history the full picture sector by sector, year by year the headline numbers $4.1B to $16.6B. 315% year over year. Ethereum achieved the highest absolute market cap growth across all four RWA sectors over the trailing three-year period not leading in one niche while trailing in another. a clean sweep  52.85% market share of the entire tokenized RWA landscape. more than half of all tokenized real-world assets on earth live on Ethereum. BNB Chain is the closest competitor at $3.6B. Solana at $2.5B. Ethereum commands roughly 4.5x what BNB Chain holds  the three-year timeline what actually happened 2023 @OndoFinance launches OUSG, bringing verifiable institutional grade yield onchain for the first time. ignites the tokenized cash and fixed income boom  2024 @BlackRock launches BUIDL on Ethereum through @Securitize . the world’s largest asset manager enters tokenized funds. RWAs go mainstream overnight  2025 tokenized equities and ETFs scale through @xStocksFi and Ondo Global Markets. RWAs expand beyond fixed income into real stocks with 24/7 trading and full DeFi composability  2026 @WisdomTreeFunds receives SEC approval for 24/7 trading and instant USDC settlement of its tokenized MMF the first registered fund with true secondary market liquidity under U.S. rules. the vertical shifts from issuance to live tradable infrastructure  sector by sector what’s growing on Ethereum right now tokenized U.S. Treasuries: more than doubled in 2025 from $3.91B to $8.68B. Ethereum hosts over $4.9B of that. the largest single RWA category on the network  tokenized commodities: crossed $5B on Ethereum’s RWA footprint. @wintermute_t launched institutional trading for tokenized gold this week forecasting the tokenized commodities segment reaching $15B in 2026  private credit: nearly doubled from $9.85B to $18.58B in 2025. the fastest growing category in absolute dollar terms across the entire RWA ecosystem  tokenized stocks: scaled from zero to $500M since launching mid 2025. $15.1B in spot trading volume in Q1 2026 alone overtaking all of H2 2025 in a single quarter  the infrastructure underneath it $175B in stablecoins on Ethereum mainnet the liquidity layer that makes every RWA transaction possible. stablecoins are the primary on-ramp and settlement mechanism for every institutional RWA trade on the network  new Ethereum wallets being created specifically to hold RWA tokens accelerated sharply into 2026 after years of flat activity from 2022 to late 2024. RWAs are now the reason institutions come onchain not the other way around  Ethereum holds 68% of total DeFi TVL in early 2026. the institutional grade security, widespread adoption, and developer tooling give it a structural advantage no competitor has matched  what’s coming @StanChart projects tokenized RWAs reaching $2T by 2028 the vast majority issued on Ethereum. ARK Invest projects $11T by 2030  if current trends continue, RWA TVL surpasses $100B by end of 2026 as traditional asset managers tokenize index products, equities, and structured credit  $16.6B today is a rounding error relative to hundreds of trillions in global financial assets that can be tokenized the 315% happened at near-zero penetration

Top RWA Chains by 30D Distributed Value Growth @StellarOrg — ~$2.22B distributed value ( 34.35%) Key driver: Corporate credit products like TPT30 ($500M). @avax — ~$941M distributed value( 13.44%) Key driver: Active strategy assets like LS ($217.9M). @solana — ~$2.54B distributed value( 7.34) Key driver: Active strategy assets like LS ($217.9M). @zksync Era — ~$976M distributed value( 1.22%) Key driver: Asset-backed credit (PC0000031, PC0000033).

Tokenization is the best way to own

Tokenization is the new way to own.

Top 5 RWA Issuers by AUM: >@Securitize — $4B · BlackRock’s issuer · SEC registered >@OndoFinance — $2.4B · Largest DeFi native issuer >@BlackRock BUIDL — $2.3B · 9 chains · Filed 2 new funds May 2026 >@FTI_US (franklin templeton)— $1.02B · First SEC-registered on-chain fund. Since 2021. >@Spiko_finance — $1B · 3,300 clients · 18 months to hit the milestone @maplefinance leads private credit with $12B in originated loans. 99% repayment rate. Not one of these is slowing down. Source: @CoinGapeMedia @redstone_defi RWA Report · @“RWATimes· GateBlog· 2026