Tokenization and Institutional Adoption on Solana
Key Questions
What is the current value of tokenized assets on Solana?
Tokenized assets on Solana reached an all-time high of $3.62B, increasing by $540M in a single week. Tokenized equity outstanding hit $535M ATH, with Q2 volume at $5.77B and 96% market share in June.
How many RWA holders does Solana have?
Solana has surpassed 300,000 RWA holders, leading all chains. This milestone reflects strong growth in tokenized real-world assets, including equities and stablecoins.
What role does Solana play in tokenized equity trading?
Solana dominates 97% of tokenized equity trading volume, with Raydium holding 95% market share. Recent records include $3.47B in tokenized equity volume for June.
Which institutions are adopting Solana for tokenization?
Major players include E*TRADE from Morgan Stanley, Robinhood, SBI Holdings, BlackRock, Goldman Sachs via DTCC tests, and others like Citi, Moody's, and Mastercard. Bitwise CEO has publicly backed Solana for RWA tokenization.
What recent trading features were launched on Solana?
E*TRADE launched spot SOL trading for 8.6M users at 0.50% fees, while Backpack introduced 24/7 trading for tokenized U.S. stocks. Robinhood also launched $HOOD on Solana.
How has Solana's stablecoin supply grown?
Solana's stablecoin supply reached $14.75B, up 154% since January 2025. Circle recently minted $1B USDC in a week plus an additional $250M.
What is the significance of Moody's ratings for Solana?
Solana became the first major public blockchain to receive Moody's Ratings credit assessments. This adds institutional credibility to its RWA and tokenization ecosystem.
Which DeFi platforms support tokenized assets on Solana?
Jupiter Lend has seen $20M in xStocks deposits, and OUSD stablecoin was launched by over 140 institutions including BlackRock. Ondo rebranded to Ondo Stocks for tokenized equities.
Tokenized assets hit ATH $3.62B, up $540M in a week. Solana dominates 97% of tokenized equity trading. Tokenized equity outstanding on Solana hit $535M ATH, Jupiter Lend xStocks deposits $20M. Q2 tokenized volume $5.77B, Raydium 95% market share. Solana hits 300k RWA holders (278K tokenized stock holders), leading all chains — DTCC test with BlackRock/Goldman adds institutional weight. Major new: E*TRADE (Morgan Stanley) launches spot SOL trading for 8.6M users at 0.50% fee, undercutting Coinbase. Robinhood launches $HOOD on Solana via Sunrise/Backpack Securities. SBI Holdings pivoted from Corda to Solana for stablecoin and RWA tokenization, now building cross-border digital asset empire with Coinhako acquisition and Ondo tokenization. OUSD stablecoin launched by 140+ institutions including BlackRock. Ondo rebranded to Ondo Stocks. Backpack launched 24/7 trading for tokenized U.S. stocks. Byreal marked first anniversary with $3.7B volume. Bitwise CEO publicly backs Solana for RWA tokenization. Institutional adoption continues with B2C2, SoFi, Shinhan Card, Moody's, Citi, Mastercard, etc. New: Moody's embedded credit ratings directly on Solana via Alphaledger, a massive signal for RWA credibility. Stablecoin supply $14.75B, up 154% since Jan 2025. Circle minted $1B USDC in a week, plus additional $250M USDC mint. Tokenized equities volume hit record $3.47B in June (96% market share).