The base protocol where the data originated

The firm responsible for making investment decisions and managing a portfolio on behalf of investors

Reference asset whose value the asset is designed to track or maintain parity with

The country in which the asset issuer is incorporated

Country of the applicable regulatory framework

Sectors that the underlying assets have exposure to

Independent firm that reviews financial statements and internal controls to verify the accuracy and compliance of reported financial information

Service provider responsible for calculating NAV, maintaining fund records, and handling operational and reporting functions for the fund

Financial institution responsible for safeguarding traditional securities and settling transactions on behalf of the asset or fund

Institution or service responsible for securely holding and managing private keys controlling digital assets on behalf of the asset or fund

Intermediary that executes trades in traditional financial markets on behalf of the asset manager or fund

Intermediary that facilitates the buying and selling of digital assets for the asset manager or fund, often providing liquidity and execution services

Service provider that maintains the official record of investors and processes subscriptions, redemptions, and ownership transfers of fund shares

Financial institution responsible for distributing payments such as interest, dividends, or redemption proceeds to investors on behalf of the issuer or fund

Entity responsible for processing investor requests to exchange shares between related funds or share classes within the same fund complex

An external investment manager delegated by the primary asset manager to manage a portion of the portfolio or implement specific strategies

Service provider responsible for performing KYC or investor identity verification for primary market participation

Assigned by the issuer and not guaranteed to be unique.

BlackRock USD Institutional Digital Liquidity Fund

Blackrock ICS US Dollar Liquidity Fund (Kaio Tokenized)

The type of the asset's pegged or underlying asset

Whether the security is tokenized by or on behalf of its issuer or by an unaffiliated third party

Classification of how the asset is represented on-chain

The type of transparency the asset provides

The accounting basis used to value the asset

How often the asset's accounting is performed

The investment strategy employed by the asset

Frequency at which new subscriptions are accepted in the primary market

Frequency at which redemptions can be requested in the primary market

Types of investors permitted to participate in the primary market

Circulating market capitalization in U.S. Dollars, after accounting for bridging in/outflows. Calculated by multiplying the Bridged Token Supply by Price. A Price only exists if the token is actively traded on a secondary market.

Circulating asset value in U.S. Dollars, after accounting for bridging in/outflows. Calculated by multiplying the Bridged Token Supply by NAV.

Total outstanding principal amount in tokens

Capital amount that has yet to be invested.

total amount issued in the deal, pool or tranche.

Also known as 'Market Capitalization'. The total market value of an asset in U.S. Dollars, calculated by multiplying the Total Supply by Price.

Sum of token value, in U.S. Dollars, burned on the given day. Calculated by multiplying Daily Burns (Token) by the NAV.

Sum of token value, in U.S. Dollars, transferred on the given day. Calculated by multiplying Daily Transfer Volume (Token) by the NAV.

Total asset value in U.S. Dollars. Calculated by multiplying the Total Supply by Net Asset Value.

Per-unit value of the asset, in U.S. Dollars, calculated based on the underlying holdings.

Capacity amount available for investment.

Sum of token value, in U.S. Dollars, minted on the given day. Calculated by multiplying Daily Mints (Token) by the NAV.

Total principal repaid token amount for loan asset

Total interest paid token amount by borrower/loan to lender

Total written off principal token amount for a defaulted loan asset

Total recovered token amount for a liquidated loan asset

total principal paid back in the deal, pool or tranche in tokens

Total interest earned in the deal, pool or tranche in tokens

Total funded asset token amount for loan asset

Total funds withdrawn token amount for loan asset

Market value of an asset on a per-unit basis, in U.S. Dollars. Calculated by aggregating the last traded prices from secondary markets.

Circulating asset value in U.S. Dollars. Calculated by multiplying the Circulating Token Supply by NAV.

Circulating market capitalization in U.S. Dollars. Calculated by multiplying the Circulating Token Supply by Price. A Price only exists if the token is actively traded on a secondary market.

USD value of onchain token transfers aggregated weekly

USD value of onchain token transfers aggregated monthly

USD value of onchain token transfers over the trailing 7 days

USD value of onchain token transfers over the trailing 30 days

The total M2 money stock value in dollars.

Annual management fee of the tokenized asset

Fees taken as a percentage of outperformance/yield of the tokenized asset

The total number of tokens that currently exist. Calculated by netting all mints and burns.

Token supply in circulation. Calculated by subtracting balances in treasury/pre-mint addresses from Total Supply.

Total number of loans being funded by a pool over lifetime

Total number of loans currently active that are funded by the pool

Total number of loans marked as defaulted/liquidated that were funded by the pool

Unique number of addresses that interact with the contract on the given day

Unique number of addresses that hold the token. Balances below 1e-9 are not counted.

Unique number of addresses that interact with the contract in the given week.

Unique number of addresses that interact with the contract in the given month.

Unique number of addresses that interact with the contract in the given quarter.

Unique number of addresses that interact with the contract in the given year.

Number of transactions executed with the contract on the given day.

Number of onchain token transfers aggregated weekly

Number of onchain token transfers aggregated monthly

Number of onchain token transfers over the trailing 7 days

Number of onchain token transfers over the trailing 30 days

The total number of tokens associated with the asset.

The percentage yield expected at the maturity of the asset.

Sum of the value of loans that are in default. A loan is counted as defaulted if: (a) it is marked as so by the protocol or (b) if a repayment is late over 90 days past the due date.

Annualized percentage yield over the last 7 days, net of fees.

Annualized percentage yield over the last 30 days, net of fees.

The date the asset was added to the RWA.xyz catalog

Number of months before investors can redeem after initially subscribing

Predefined number of years before the asset is scheduled to liquidate or wind-down

Indicates whether holders have the right to redeem the asset with the issuer or fund for underlying assets or cash

Whether the asset grants holders fork rights

Whether an asset distributes income, or reinvests/accumulates

Whether the asset's NAV reflects income only

Ethereum

Avalanche C-Chain

Solana

BNB Chain

Optimism

Arbitrum

Hedera

Aptos

Polygon

NEAR

HyperEVM

US Treasury Debt

Stablecoins

Stocks

Securitize

KAIO

Archax

Bridge

xStocks

BlackRock, Inc. is the world’s largest asset manager, overseeing trillions across index and active strategies—including its iShares ETF franchise—and licensing its Aladdin risk-tech platform to institutions globally.

Backed Assets

Libre SAF VCC

Institutional Cash Series plc

Bridge is Stripe’s stablecoin issuance and treasury infrastructure platform, enabling compliant minting, redemption, and management of fully-backed digital dollars. It provides regulated fiat on/off-ramp services, reserve management coordination, and tokenization rails for stablecoins backed by cash and U.S. Treasury assets.

BlackRock

Mantle is a Layer 2 blockchain built on Ethereum that combines optimistic rollup technology with a modular blockchain architecture. The platform, which launched in 2023, features its native token MNT and focuses on providing an ecosystem for DeFi applications, NFT projects, and Web3 gaming while maintaining Ethereum's security guarantees.

Mantle

Near is a blockchain platform that uses a novel proof-of-stake consensus mechanism called Doomslug to achieve fast, low-cost transactions. It is powered by the native NEAR token and designed with features like human-readable account names and a powerful development environment for building decentralized applications.

Ethereum is a decentralized, proof-of-stake (POS) blockchain network capable of handling smart contracts for the development of decentralized applications (dApps). It is powered by its native token, ETH, which can be used to pay for transaction costs to utilize the network.

Ink Network is an Ethereum Layer-2 blockchain developed by Kraken, designed to provide high-throughput, low-cost infrastructure for on-chain staking, yield strategies, and tokenized rewards.

Solana is a high-performance blockchain platform launched in 2020, known for its high transaction throughput with minimal fees through its innovative Proof of History and Proof of Stake mechanisms. The platform supports a thriving ecosystem of decentralized applications, NFT marketplaces, and DeFi projects, all powered by its native cryptocurrency SOL.

HyperEVM is a high-performance, permissionless Ethereum Virtual Machine (EVM) execution layer natively integrated into the Hyperliquid Layer-1 blockchain. It enables developers to deploy Solidity-based decentralized applications (dApps) that seamlessly interact with Hyperliquid's native, high-speed trading engine (HyperCore).

XDC is an EVM-compatible and enterprise-focused blockchain network utilizing the state-of-the-art Delegated Proof of Stake (DPoS) consensus engine to provide maximum security, fast transaction times and improved scalability. It also features a Layer-2 subnet system allowing enterprise users to launch sovereign and privacy-preserving subnets that inherit the security of the XDC mainnet. The XDC ecosystem aims to accelerate enterprise blockchain adoption by offering features like multi-currency support, cross-chain bridges, and integration with existing enterprise tools and infrastructure.

Hedera is a fully open-source public ledger powered by the hashgraph consensus algorithm, designed for fast, fair, and secure transactions with low fees and high throughput. It supports smart contracts, tokenization, and consensus services, and is governed by a global council of leading institutions with a strong focus on decentralization, transparency, and energy efficiency.

Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. Anchored by a public, permissionless liquidity hub (c-chain), the network’s architecture allows for the creation of sovereign, efficient and fully interoperable public and private layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching an L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.

Arbitrum is a Layer 2 scaling solution for Ethereum that uses optimistic rollup technology to significantly reduce transaction costs and increase throughput while inheriting Ethereum's robust security. Launched in 2021, Arbitrum processes transactions off the main Ethereum chain and batches them together before final settlement, allowing developers to run Ethereum-compatible smart contracts and decentralized applications with improved efficiency.

Optimism is a Layer 2 scaling solution built on top of Ethereum that uses optimistic rollup technology to enable faster and cheaper transactions while inheriting Ethereum's security guarantees. Optimism's native token is used for governance and to pay for transactions on the network.

Polygon PoS is a EVM-compatible, scalable, proof-of-stake (PoS) side-chain that complements Ethereum’s decentralized security with fast settlement times and cost efficiency. It is powered by its native network token, POL, which was previously known as MATIC.

Sei Network is a high-performance Layer 1 blockchain built with the Cosmos SDK and optimized for trading and decentralized finance. It features fast finality, parallel execution, and deep liquidity infrastructure to support next-generation applications.

Aptos is a Layer 1 blockchain developed by former Meta engineers that leverages the Move programming language and a parallel execution engine to achieve its performance. Launched in 2022, the platform implements a Block-STM technology that enables parallel transaction processing and instant finality, powered by its native token APT.

xStocks issues tokens that track major financial instruments (S&P500, T-bills, TSLA, AAPL, etc.) on public blockchains. The tokens are fully backed by the underlying assets.

Securitize provides businesses a platform to raise capital from institutional, accredited or retail investors with shares issued as digital tokens.

KAIO is an institutional-grade Web3 protocol, created by WebN Group and Nomura’s Laser Digital, that enables compliant tokenization and lifecycle management of alternative investment funds. It connects asset managers with distributors while providing access to tokenized hedge funds, money market funds, and private credit strategies from managers like Brevan Howard, BlackRock, and Hamilton Lane. Through its KAIO Gateway, the platform extends these assets across multiple blockchains, offering services such as collateralized lending, automated rebalancing, and programmable compliance.

Archax is an FCA regulated digital asset exchange, broker and custodian, based in London. Founded by capital markets experts, Archax offers the credible bridge between blockchain and traditional finance, supporting a range of assets including cryptocurrencies and regulated tokenised real-world assets. Archax supports the full digital asset lifecycle from token issuance and distribution through to trading and custody.

#	Network	RWA Count	Total Value	30D%	Market Share
1	Ethereum	5	$1.2B	Login to Unlock	Login to Unlock
2	Avalanche C-Chain	2	$634.2M	Login to Unlock	Login to Unlock
3	Solana	5	$626.3M	Login to Unlock	Login to Unlock
4	BNB Chain	4	$110.7M	Login to Unlock	Login to Unlock
5	Optimism	4	$26.3M	Login to Unlock	Login to Unlock
6	Arbitrum	4	$24.5M	Login to Unlock	Login to Unlock
7	Hedera	2	$17.2M	Login to Unlock	Login to Unlock
8	Aptos	2	$16.1M	Login to Unlock	Login to Unlock
9	Polygon	2	$13.7M	Login to Unlock	Login to Unlock
10	NEAR	1	$11.9M	Login to Unlock	Login to Unlock

BlackRock

Metric