Infrastructure Skyrockets As Layer 1s Facilitate More Tokenization
The Infrastructure sector of the tokenized RWA market has seen exceptional gains over the past week as investors go in on robust growth-ready Layer 1 blockchains.
📊 Market Block |
Tokenized Commodities are mixed today with Gold-backed tokens showing steady growth while Energy-backed and Real Estate-backed are showing heightened volatility.
Bond tokens are largely demonstrating stability with modest gains. A few assets, like OVN, are outliers experiencing notable declines in market activity and value.
Treasuries continue to show little movement in the market as interest rate cuts remain low.
Lending incurs the most losses as investors take quicker returns on market optimism and ATHs.
Infrastructure sees big gains as Layer 1 blockchains focused on tokenization prepare for continued growth at unprecedented rates.
🛰️ Sector Sonar |
🔸 Commodities
🔑 Key Trends:
Gold remains relatively stable with consistent minor growth, reflecting an increased interest in tokenized precious metals as safe-haven assets.
Energy Web Token (EWT) outperformed other Energy tokens over the past week, suggesting a strong narrative or development is driving interest. However, volatility remains a concern.
Propy’s (PRO) significant 10% drop indicates bearish sentiment but its strong weekly-growth indicates this may be a short-term correction with longer-term recovery likely.
Digix Gold (DGX) continues to underperform, raising questions about investor confidence or competitiveness with larger Gold tokens like XAUT and PAXG.
🔸 Bonds
🔑 Key Trends:
OUSG and USTBL continue to exhibit stable performance with upward trends signaling sustained investor interest.
OVN incurs a deep decline (–15.3%) over the past week, making it the sector’s most significant underperformer.
USTB maintains stability with slight price increases adding to the market’s increasing confidence in tokenized Treasury bills.
🔸 Treasuries
🔑 Key Trends:
USTB maintains stability with slight price increases adding to the market’s increasing confidence in tokenized Treasury bills.
🔸 Lending
🔑 Key Trends:
Centrifuge (CFG) is the outperformer over the last week with a 27.7% gain.
Significant decliners include overtook Maple (MPL) –30.5%, Goldfinch (GFI) –8.4%, and TrueFi (TRU) –7.8%.
Bears have won out the Lending sector over the last week as lending continues to be unneeded with the broader crypto market reaching ATHs in the last two weeks.
🔸 Infrastructure
🔑 Key Trends:
MANTRA (OM) outperforms the rest of the sector with an exceptional +153.2% gain over the last 7 days. The increase is tied to the MANTRA Chain’s position to facilitate RWA market, an ecosystem more than 250 times larger than the entire on-chain economy.
Creditcoin (CTC), Cardano (ADA) gained 49.0% and 38.6% respectively, as they continue to court RWA infrastructure, retail investors, and transaction processing.
Quant (QNT), XDC Network (XDC) bolster the RWA Infrastructure sector as shown by their 38.1% and 32.6% rises respectively.
Pendle (PENDLE) fell 10.6% as investors moved into other Layer 1 blockchains better positioned for tokenization as the RWA market continues to burgeon.
📢 News Block |
Securitize Credit, Elixir Launch S-Vault Token, Enhancing RWA Liquidity
SAN FRANCISCO, CA – Securitize Credit, a subsidiary of Securitize, has introduced the S-Token Vault in collaboration with Elixir’s DEUSD RWA Institutional Program. The initiative enables institutional investors to access liquidity through DEUSD while retaining the advantages of their existing investments.
With over $1 billion worth of tokenized real-world assets (RWAs) already issued on the Securitize platform, the vault aims to bridge the gap between traditional finance and decentralized finance.
Carlos Domingo, Securitize’s CEO, highlighted the innovation as a key step in integrating traditional financial assets with the digital economy. Similarly, Philip Forte, CEO of Elixir, noted the collaboration's potential to encourage institutional adoption of DeFi by offering streamlined liquidity options for tokenized RWA holders.
Chainlink Labs, Microsoft, Banco Inter Partner to Advance Brazil’s CBDC
RIO DE JANEIRO, BR – Chainlink Labs has teamed up with Microsoft Brazil, Banco Inter, and blockchain firm 7COMm to advance the second phase of Brazil's central bank digital currency (CBDC) pilot, DREX. This phase aims to integrate blockchain and tokenization into the banking sector, focusing on decentralization, privacy, and programmability.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will play a central role in facilitating secure, cross-border, cross-currency, and cross-chain transactions, demonstrating the scalability of tokenized assets in real-world use cases.
Banco Inter will lead the implementation of DREX in Brazil through 2025, with Microsoft providing cloud services and blockchain expertise. Both institutions view this initiative as a transformative opportunity to improve Brazil’s financial infrastructure and economic resilience.
Ripple Integrates Tokenized Funds, Advancing Ecosystem
SAN FRANCISCO, CA – Ripple is advancing its ecosystem by integrating tokenized funds, marking a pivotal moment for the tokenization of real-world assets.
Archax, a U.K.-based exchange specializing in digital asset brokerage and custody, announced the inclusion of funds from State Street Global Advisors, Fidelity International, and Legal & General Investment Management (LGIM) into its tokenized offerings. These funds will initially be accessible on Hedera, Ripple, and Arbitrum networks, as revealed in an announcement on X.
The initiative introduces beneficial ownership tokens minted by Archax, representing clients' holdings in the listed money market funds (MMFs). The first batch of tokenized funds includes State Street USD/GBP/EUR Liquidity LVNAV Funds, Fidelity ILF USD/Sterling/Euro Funds, and LGIM Sterling/USD/Euro Liquidity Funds. Archax also hinted at future expansion to other fund categories, signaling broader tokenization prospects.
Central Bank of Egypt to Launch Card Tokenization Systems in 2025
CAIRO, EG – The Central Bank of Egypt (CBE) plans to introduce its card tokenization system in early 2025, announced Ehab Nasr, assistant sub-governor for payment systems and services, during the 11th PAFIX Conference at the Cairo ICT exhibition. Nasr confirmed that all banks and companies have completed the licensing process, paving the way for the system's implementation.
Card tokenization replaces card numbers with secure tokens, reducing fraud risks and ensuring faster, safer payments. The initiative aligns with Egypt's surging digital payments sector, which is projected to reach EGP 22 trillion in transaction value by 2024, up from EGP 7 trillion in 2021. Transaction volume is expected to rise to EGP 6 billion, a 500 percent increase since 2021.
Nasr highlighted growth in banking cards, with numbers rising 30 percent to 67 million by September 2024. The “Meeza” card alone surpassed 40 million users. Similarly, POS terminals expanded significantly, reaching 1.3 million, while transactions through these terminals are expected to exceed EGP 640 billion in 2024 — a 280 percent rise since 2021.
UBS, Deutsche Bank Pilot Interbank Tokenized Deposits for Multi-Currency Payments
ZURCH, CH – UBS has partnered with Deutsche Bank to pilot instant multi-currency payments between UBS branches worldwide to facilitate interbank transactions. The pilot program is part of the European Central Bank’s testing of wholesale distributed ledger technology (DLT) settlement trials.
The trials used the German Bundesbank’s Trigger solution, linking blockchain systems to the Trigger Chain and initiating settlements via the Target2 central bank payment system. In these tests, tokenized deposits were burned on the sender’s blockchain and minted at the recipient bank.
The tests involved two scenarios: a time-sensitive euro payment and a cross-border transaction between Deutsche Bank London and UBS Switzerland, using pounds and Swiss francs but settled in euros. Adhara, a technology partner of Fnality, ensured the transactions were settled atomically.
Philippines to Launch Long-Term Tokenized Treasury Bonds for Retail Investors
MANILA, PH – The Philippine government is preparing to roll out long-term tokenized treasury bonds, branded as GBonds, to retail consumers in December, according to a report by Odaily. The launch follows the success of last year's pilot program targeting institutional investors and a subsequent offering of 90-day tokenized treasury bills to retail investors.
The GBonds will be distributed through two primary platforms: GCash, a popular wallet app with 94 million users and a $5 billion valuation, and PDAX, a cryptocurrency exchange with 4 million users.
Meanwhile, PDAX has already initiated the issuance of tokenized treasury bonds, requiring a minimum investment of 500 pesos (about $8.52). The initiative signals the Philippines' continued embrace of blockchain technology to democratize bond investing and enhance accessibility for retail investors.