RWA Tracker

What each tokenized real-world-asset product holds, and what its own filings say it yielded — read from the product’s primary sources and shown with the date it was reported.

Kitalpha tracks 21 tokenized products. Of these, 14 have assets we can state from a primary source — the largest is Tether Gold at $3.01B, as of Aug 6, 2026, per XAUT market value — on-chain DEX price (Uniswap v3 (Ethereum), USDT pool, 5bp), 30-min TWAP, at block 25694021.

Assets stated from a primary source

Sorted by assets, largest first. This is a sort, not a ranking — size is not a judgement about a product, and nothing on this page is a recommendation.

Product Class Assets Disclosed yield As of Source
XAUT Tether Commodity $3.01B on-chain legs read (1) not disclosed Aug 6, 2026 XAUT market value — on-chain DEX price (Uniswap v3 (Ethereum), USDT pool, 5bp), 30-min TWAP, at block 25694021 ↗
PAXG Paxos Commodity $1.88B on-chain legs read (1) not disclosed Aug 6, 2026 PAXG market value — on-chain DEX price (Uniswap v3 (Ethereum), USDC pool, 5bp), 30-min TWAP, at block 25694020 ↗
USDY Ondo Finance Tokenized Treasury $1.11B on-chain legs read (1) — not the whole product not disclosed Aug 6, 2026 Ondo Finance — OndoOracle (issuer-published NAV), x on-chain supply ↗
syrupUSDC Maple Finance Private credit $1.11B whole vault (on-chain totalAssets) not disclosed Aug 6, 2026 Ethereum contract 0x80ac24aA… — ERC-4626 totalAssets() ↗
BUIDL BlackRock / Securitize Tokenized Treasury $1.03B Total of the 6 deployments we read — not the fund's total on-chain legs read (6) — not the whole product not disclosed Aug 6, 2026 Total across the 6 deployments we read — on-chain totalSupply x Securitize — BUIDL seeks to maintain a stable value of US$1.00 per token ↗
BENJI Franklin Templeton Tokenized Treasury $753.2M whole fund (N-MFP3) 3.50% Jun 30, 202637 days old FRANKLIN TEMPLETON TRUST — Form N-MFP3 (total net assets) ↗
USTB Superstate (Invesco) Tokenized Treasury $748.3M on-chain legs read (1) not disclosed Aug 5, 2026 Superstate — USTB NAV per Share oracle (issuer-published NAV), x on-chain supply ↗
WTGXX WisdomTree Tokenized Treasury $717.5M whole fund (N-MFP3) 3.45% Jun 30, 202637 days old WisdomTree Digital Trust — Form N-MFP3 (total net assets) ↗
JLTXX J.P. Morgan Asset Management Tokenized Treasury $682.2M whole fund (N-MFP3) 3.51% Jun 30, 202637 days old JPMorgan Trust IV — Form N-MFP3 (total net assets) ↗
OUSG Ondo Finance Tokenized Treasury $163.8M on-chain legs read (1) — not the whole product not disclosed Aug 6, 2026 Ondo Finance — OndoOracle (issuer-published NAV), x on-chain supply ↗
USYC Circle (Hashnote) Tokenized Treasury $87.2M on-chain legs read (1) — not the whole product not disclosed Aug 5, 2026 Circle (Hashnote) — USYC / USD oracle (issuer-published NAV), x on-chain supply ↗
mTBILL Midas Tokenized Treasury $64.3M 1 of 2 deployments pending corroboration on-chain legs read (2) — not the whole product not disclosed Aug 5, 2026 Midas — mTBILL/USD oracle (issuer-published NAV), x on-chain supply ↗
USCC Superstate Fund $27.8M on-chain legs read (1) not disclosed Aug 5, 2026 Superstate — USCC NAV oracle (issuer-published NAV), x on-chain supply ↗
TBILL OpenEden Tokenized Treasury $23.6M whole vault (on-chain totalAssets) not disclosed Aug 6, 2026 Ethereum contract 0xdd50C053… — ERC-4626 totalAssets() ↗

Products whose assets we do not state in dollars

These are not gaps. In each case we can read what the product holds but cannot honestly convert it into dollars, and we say why rather than publishing an estimate. What we do know is shown instead.

ACRED Private credit

Apollo Diversified Credit Securitize Fund · Apollo / Securitize

34,550.71 ACRED outstanding as of Aug 6, 2026

Assets: not disclosed. ACRED is a SHARE-PRICED credit fund — roughly 34,500 tokens outstanding, not a dollar-pegged balance — and no net asset value per share could be read from any primary source: the token exposes no price function and Securitize publishes no NAV oracle we could read (probed 2026-07-25). Assuming a $1.00 NAV here would understate the fund by orders of magnitude. Tokens outstanding are published instead.

bIB01 Tokenized Treasury

Backed IB01 $ Treasury Bond 0-1yr · Backed Finance

115,326.8 bIB01 outstanding as of Aug 6, 2026

Assets: not disclosed. bIB01 is a SHARE-PRICED token tracking short-dated US Treasury bonds — its net asset value is on the order of $100 per token, not $1 — and no NAV could be read from any primary source (the token exposes no price function; Backed publishes no address or oracle list we could read, probed 2026-07-25). Assuming a dollar peg would understate the fund by roughly a hundredfold, which is precisely the error this board refuses to make. Tokens outstanding per chain are published instead.

EUTBL Tokenized Treasury

Spiko EU T-Bills Money Market Fund · Spiko

361,986,301.04 EUTBL outstanding as of Aug 6, 2026

Assets: not disclosed. EUTBL is a EURO-denominated fund and the NAV Spiko publishes on-chain is quoted in euros — its oracle describes itself as "EUTBL / EUR". Converting that into a dollar figure would require an EUR/USD rate, and every FX benchmark we could use is licensed commercial data we do not hold; reading a euro NAV as dollars would misstate the fund by the exchange rate. Shares outstanding per chain are published instead, which we read directly. (Spiko's euro NAV was also last pushed on-chain on 2026-07-15, beyond our 96-hour staleness limit.)

JTRSY Tokenized Treasury

Janus Henderson Treasury Fund · Anemoy / Centrifuge (Janus Henderson)

784,230,752.57 JTRSY outstanding as of Aug 6, 2026

Assets: not disclosed. Centrifuge's documentation publishes JTRSY's share-token addresses but no NAV oracle we can read on-chain, and its token price is served through an API whose licence terms this tracker has not cleared (probed 2026-07-25). Without an issuer NAV from a source we may republish, shares outstanding cannot honestly be turned into dollars — so the share count is published and the AUM is not.

USTBL Tokenized Treasury

Spiko US T-Bills Money Market Fund · Spiko

94,334,260.23 USTBL outstanding as of Aug 6, 2026

Assets: not disclosed. Spiko DOES publish USTBL's net asset value on-chain, in oracles it documents itself — this is not a gap in the issuer's disclosure. The oracles are simply not current enough to price the fund: the Ethereum feed was last updated 2025-01-08 and the Arbitrum feed 2026-07-15, both beyond the 96-hour staleness limit this tracker applies to any issuer NAV. A money market fund strikes its NAV daily, so last week's figure cannot honestly be multiplied by today's supply. Tokens outstanding per chain are published instead, which we read directly.

VBILL Tokenized Treasury

VanEck Treasury Fund · VanEck / Securitize

43,122,389.85 VBILL outstanding as of Aug 6, 2026

Assets: not disclosed. No net asset value for VBILL could be read from any primary source: the token exposes no price function, and neither Securitize nor VanEck publishes a NAV oracle or a stated fixed-NAV invariant on a surface we could read (probed 2026-07-25). Borrowing the $1.00 that BUIDL's issuer states would be asserting a fact about a different fund. Tokens outstanding per chain are published instead.

xStocks equity

xStocks (tokenized equities) · Backed Finance (distributed via Kraken and partners)

308,649.18 xStocks outstanding as of Aug 6, 2026

Not available to US, UK, Canadian or Australian residents. xstocks.com states: "xStocks are not available to residents of the United States, United Kingdom, Canada, Australia, or sanctioned jurisdictions. All partner integrations are subject to eligibility review." xstocks.com (issuer/programme site), read 2026-07-18 ↗

Assets: not disclosed. xStocks's net asset value per token rises over time, and neither its token contract nor any primary source we can read publishes that NAV. Without it, tokens outstanding cannot honestly be turned into dollars — so we publish the supply, which we know, and no AUM, which we do not.

Pending verification

These products are known to us, but their primary source — an issuer-documented contract address, an SEC filing, or a machine-readable issuer disclosure — could not be verified yet. No figure is shown for a product whose source we cannot read; aggregators are never a substitute.

  • Goldfinch Prime (GOLDFINCH) — Goldfinch. Probed 2026-07-18: goldfinch.finance states on its own front page that "Goldfinch Prime is shutting down. No new deposits will be taken." — a material fact recorded here rather than a figure published. Its docs' contract page returned 404. A winding-down fund's assets would not be presented alongside operating funds without that context, so nothing is published. Lifts only if the issuer resumes operations AND publishes a readable contract address; otherwise this entry stands as the record of why it is absent. issuer ↗
  • Clearpool (CPOOL) — Clearpool. Probed 2026-07-18: clearpool.finance and docs.clearpool.finance load, but the TVL and loan figures on the front page render as client-side placeholders ($0M in the served HTML) and no pool contract address appears in either document. Lifts when an issuer surface publishes the pool addresses, which the chain can then verify. issuer ↗
  • Kinesis Silver (KAG) (KAG) — Kinesis. Probed 2026-07-18: kinesis.money answered HTTP 403 (WAF) on both the Kinesis Silver product page and the monetary-system page — the issuer's own surfaces could not be read at all, so no token contract address is verifiable from a primary source. Lifts when a Kinesis page states the contract address, which the chain can then verify by name(); the gold tokens already on this board (PAXG, XAUT) met exactly that bar. issuer ↗
  • Dinari dShares (dShares) — Dinari. Probed 2026-07-18: dinari.com and its dShares page load and describe the custodial model ("backed 1:1 by the underlying securities", "held in custody by a registered US broker-dealer"), but neither serves a token contract address, so no supply can be read. ⚠ ALSO CORRECTS THIS BRIEF'S PREMISE: Dinari's own page states dShares "are available in 85+ jurisdictions outside of the U.S." — i.e. NOT US-accessible — so the US-accessibility characterisation is not adopted here. Lifts when Dinari publishes token addresses on a readable surface. issuer ↗
  • Exodus Movement common stock (EXOD) (EXOD) — Exodus / Securitize. Probed 2026-07-18: securitize.io/exodus served a ~2kB client-side shell with no contract address, and exodus.com's investor page answered HTTP 403. Lifts when either surface publishes the token address — the same standard BUIDL's Securitize-issued legs already meet. issuer ↗

Deliberately not listed

These are decisions, not gaps. A product that has been wound up, or a category we chose not to populate, is recorded here so its absence is legible rather than indistinguishable from an oversight.

  • CACHE Gold (CGT) — NOT LISTED — the product no longer exists. CACHE Private Limited's own site carries a redemption notice dated 1 October 2025 confirming "COMPLETION OF COMPULSORY CGT TOKEN REDEMPTION": holders were compulsorily redeemed and an airdrop of Pax Gold (PAXG) completed under clause 5A of its terms. A wound-up token has no assets to report, and listing its residual supply as a live figure would misrepresent it. PAXG, the token holders were moved into, is already tracked here (verified 2026-07-18).
  • Tokenized platinum and palladium — NOT LISTED, and no pending entry — a deliberate scope decision rather than a gap. No platinum or palladium product was found that meets this board's bar (an issuer-published contract address whose identity the chain confirms). The category is thin and there is no obligation to populate it; silver is held at pending only because a specific product, Kinesis KAG, was probed and its issuer surface could not be read.

Categories we track nothing in

An absent category is otherwise indistinguishable from a category with nothing in it.

  • Private credit — PARTIALLY covered, and unevenly. Private-credit assets are usually not readable from a token supply or an SEC filing — they live in pool accounting and manager reporting, and the aggregators that cover the category are licensed sources we cannot republish. TWO products qualify, on different strengths of evidence. Maple's Syrup USDC vault publishes its address on Maple's own site and is ERC-4626, so it reports its own totalAssets(): a real DOLLAR figure for the vault. Apollo/Securitize's ACRED is verified on-chain by the contract's own name but Securitize publishes no readable address list and no NAV, so ACRED reports SHARES OUTSTANDING and no dollars. Anemoy/Centrifuge's JTRSY, previously held here, turned out on the evidence to be a TREASURY fund — the contract calls itself "Janus Henderson Treasury Fund" — and has been reclassified out of this category rather than left miscategorised. Goldfinch and Clearpool remain under pending verification with what was probed for each; Goldfinch Prime is winding down and is recorded as such rather than tracked.
  • Stablecoin — Tracked on a SEPARATE board at /rwa/stablecoins, not here. A payment stablecoin and a yield-bearing tokenized fund are different instruments, and one sorted column would imply a comparison that does not hold. That board pairs an on-chain supply read (ours) with the issuer's own attestation (theirs, linked), under the standing caution that an attestation is not an audit.

Where these figures come from

  • U.S. Securities and Exchange Commission — Form N-MFP3 (monthly money market fund reports). Public domain.
  • Public blockchain state — ERC-20 totalSupply/decimals/name and ERC-4626 totalAssets, read directly from the token contracts.

What we deliberately do not use

  • DefiLlama — Their Terms of Use grant a personal, non-commercial licence only, prohibit commercial exploitation of the data without prior written consent, and prohibit mirroring it on another server. Kitalpha is commercial and serves every figure from its own API, which requires storing it — the mirror those terms forbid. A written-consent request has been sent. Until it is granted DefiLlama is cited as a peer, and not one figure here comes from it — not the assets, not the yield, not the chain list.
  • rwa.xyz — Institutionally gated, and a commercial dataset. Cited as a peer only. The surface this replaced published rwa.xyz figures as its headline AUM.

Last updated Aug 6, 2026 · 21 product(s) read .

Informational tracking, not an offer, recommendation, or financial product advice. Figures are read from each product's own primary sources — SEC filings and public blockchain state — and are shown with the date they were reported. Past yield is a historical disclosure, not a return anyone will receive. Verify everything with the issuer's own documents.